Rivian announced its February offers on Monday, as the EV maker aims to boost demand for its R1T and R1S models.
The new offers are valid in the US until March 4.
The brand’s portfolio currently features the 2026 R1S SUV, priced from $76,990, and the 2026 R1T pickup, starting at $72,990.
In February, the company is extending its 0% APR offer on 60-month leasing contracts for the 2026 Dual Performance, with Large or Max batteries, and all Tri-motor variants of both R1 models.
Additionally, the discount now applies to the R1T and R1S Quad trims — marking the first time the EV maker has introduced the offer for its flagship quad-motor vehicles.
Rivian is also offering special discounts on certain R1T and R1S models for customers who choose 24- or 36-month financing contracts.
Customers financing the R1T and R1S Dual models (with Large or Max batteries or with the Performance upgrade) can receive $6,500 off the amount due at signing, while those opting for the Dual Standard models will get $1,500 off at signing.
During January, the company offered a $5,000 discount on the R1S and R1T Tri-motor variants, which has been discontinued.
Last month, Rivian also offered the ‘All-Terrain Package’ “for no added cost” with 2025 model year vehicles ordered by February 2, another effort toward clearing inventory of the previous version.
Now, the company is offering the ‘Stealth Package’ with R1S Dual Motor purchases, allowing customers to save up to $1,800.
The package includes XPEL Stealth Paint Protection, Darkout accents, and 22” Sport wheels in Dark or Bright, and is available in ‘El Cap Granite’ or ‘Midnight’ paint colors.
According to the company, it is limited to the configurations available.
Leasing Prices
Last month, Rivian increased leasing prices for its 2026 R1S and R1T models on 36-month contracts. These prices have been adjusted throughout the month.
The Dual Standard trim saw an increase of about $100, bringing monthly payments to $909 for the R1S and $879 for the R1T.
Dual trims for both models rose to $1,069 per month, while Tri-motor variants increased by roughly $200, reaching around $1,450 per month.
As of press time, the estimated lease payments have been updated to $1,029 and $1,019 per month, for the Dual R1S and R1T trims, respectively.
The monthly leasing payment for Tri-motor variants starts at $1,469 for the R1S and $1,419 for the R1T.
The Quad trims’ estimated leasing prices remained the same — with the R1S at $1,929 per month and the R1T at $1,899 per month.
Sales Results and Outlook
Rivian reported deliveries of 9,745 EVs in the fourth quarter and a total of 42,247 units in 2025.
Fourth-quarter deliveries fell 31.8% year-over-year from 14,183 units in Q4 2024 and declined from Q3, when Rivian delivered 13,201 vehicles, due to the federal EV credit deadline on September 30.
While automakers typically see sales increase in the final month of the year, Rivian’s sales fell by about 900 vehicles in December, according to Motor Intelligence data published last month.
The company’s outlook hinges on the launch of the upcoming R2 SUV, priced significantly lower than its debut R1 model.
The entry-level variant will be priced at $45,000, although Rivian will begin production with a higher-level trim.
Rivian shares have fallen more than 30% from their 2025 high, erasing gains driven by the company’s autonomy roadmap unveiling as missed delivery targets and reports of struggles at its Volkswagen AG software joint venture weigh on investor sentiment.
This Monday, the EV maker appointed Michael Schwaeble as Vice President of Logistics.
The Mercedes-Benz veteran will oversee supply chain operations as the EV maker prepares to begin R2 production this year, with deliveries expected to start by June.
