Rivian cut financing rates on its 2027 R1T and R1S for November and dropped the $1,500 lease bonus it had offered on most 2026 R1 builds since September, shifting its incentives toward the new model year.
The 2027 R1 Performance now carries a 1.99% annual percentage rate on 60-month loans, down from 3.99% in October, according to Rivian’s offers page. The 2027 Premium with Power Upgrade and Premium Long Range with Power Upgrade drop to 2.99%.
The 2027 Premium and Premium Long Range without the Power Upgrade stay at 3.99%.
Buyers must order through Rivian’s R1 Shop and secure approval between November 3 and November 30, and take delivery by December 31, the last day of the fourth quarter.
Q4 Push
The December 31 delivery deadline matches the end of the period in which Rivian expects to deliver at least 25,200 vehicles.
Rivian raised its 2026 outlook on October 29 to 67,000 to 70,000 deliveries, from 65,000 to 70,000.
None of the November offers applies to the R2, which Rivian said was already its best-selling vehicle by volume in the third quarter, outselling both the R1 and its EDV commercial van. The company did not give a breakdown by model.
“In the fourth quarter, we expect R2 to represent the majority of our total delivery volume,” Derek Mulvey, then Vice President of Finance, said on the October 29 earnings call. He became Interim Chief Financial Officer the next day.
That leaves Rivian’s incentives concentrated on the R1, the older and more expensive model, while the R2 is expected to make up most of its deliveries.
Lease Bonus Ends
The $1,500 lease bonus does not appear among the November offers. In October it applied to 24- or 36-month leases of the 2026 R1 Dual with Large or Max battery, Power Upgrade builds and the Tri, and came off the amount due at signing.
Monthly payments on those builds are unchanged, but the upfront cost rises by $1,500, according to Rivian’s lease examples.
A 2026 R1T Dual with Large battery leases for $1,199 a month in both months, but the amount due at signing rises to $9,094 from $7,594. A 2026 R1S Tri goes to $9,584 from $8,084, at an unchanged $1,689 a month.
The 2026 Dual Standard, which lost its lease bonus eligibility in October, sees its monthly payment rise to $1,049 from $989, or about 6%. Rivian quotes the same payment for the R1T and the R1S, even though the SUV is priced $4,000 higher.
Lease quotes on the 2026 Quad and on every 2027 configuration are unchanged from October. All examples assume 10,000 miles a year and a $7,000 capitalized cost reduction that includes the $500 order deposit.
Rates on 2026 Stock
Financing on the remaining 2026 R1 is unchanged. Every 2026 Dual configuration and the Tri stay at 1.99% over 60 months, and the 2026 Quad stays at 3.99%.
Rivian’s example prices a 2026 R1T Dual Standard at $74,885, including a $1,895 destination fee, or $1,304.55 a month at 1.99% after a $500 deposit, the same as in October.
The 72-month financing offer at 6.49% that Rivian listed for select 2027 R1 vehicles in October has also ended, according to its previous-offers page.
The 2027 Model Year Cuts
Rivian prices a 2027 R1T Performance at $102,885, or $1,795.60 a month at 1.99%. At October’s 3.99% rate, using the $18.45 per $1,000 factor Rivian quotes for that rate, the same loan would cost about $1,889 a month, or roughly $5,600 more over five years.
A 2027 R1T Premium with Power Upgrade at $86,885 costs $1,553.75 a month at 2.99%, about $40 a month less than at 3.99%, or around $2,400 over the loan.
The 2027 Performance is now financed at the same rate as 2026 Dual and Tri stock, ending the two-point gap between model years that Rivian set in October.
Packages Return
Two equipment offers that were absent from the October slate are back.
The Stealth Package, with XPEL Stealth paint protection, Darkout accents and 22-inch Sport Dark wheels, saves up to $2,200 on the R1S and $1,200 on the R1T against buying the options individually, according to Rivian. It is limited to Dual Motor builds in Half Moon Grey or Midnight.
The Road Trip Package bundles 22-inch wheels, the Darkout Package, XPEL Stealth paint protection and Dark Cargo Crossbars as a $4,800 line item. Rivian says it saves up to $2,500 on the R1S Dual Max and $1,500 on the R1T Dual Max.
It is available on 2026 Dual Max builds and 2027 Premium Long Range builds in Glacier White, Forest Green and LA Silver or Esker Silver paint.
A Year of Shifting Offers
Rivian set the October slate at 1.99% on 2026 Dual and Tri builds and 3.99% on the 2027 R1, with the $1,500 lease bonus on most 2026 builds.
That followed a September cut in lease cash to $1,500, from $3,000 in August, when it was extended to every Dual build.
Rivian opened 2026 with 0% financing on Dual Performance and Tri builds, moved to 1.99% in March, cut to 0.99% in April and raised the Tri rate to 1.99% on August 12.
The company funds these offers itself since the $7,500 federal EV tax credit expired on September 30, 2025.
