Exploring Local Dealerships – Where To Find A Used Rivian R1S
The Rivian R1S is an electric SUV with mind-warping acceleration and off-road prowess. It has a spacious interior, and it can tow 7,700 pounds.
2023 Rivian R1S w/ Large Battery Pack and Quad Motors, El Cap Granite exterior color, 22-inch wheels & tires, Black Mountain Leather interior, and Navigation System. ONE OWNER, CLEAN CARFAX.
U.S. Bank Auto Purchase Pre-Approval
Whether you’re purchasing your first Rivian, refinancing your current loan or buying a leased vehicle at the end of your lease term, U.S. Bank is committed to helping you reach your financial goals. You can get a fast pre-approval to shop confidently and save time when shopping at a dealership participating in the program.
You’ll also receive a dedicated guide to help you throughout the process and as long as you own your Rivian. Your Guide will answer any questions and can provide advice on maximizing your ownership experience. The company’s expanded digital capabilities allow you to secure financing from a local U.S. Bank branch, which can be accessed through the company website and mobile app.
The lender doesn’t specify a minimum credit score requirement, but you’ll likely need excellent or very good credit to qualify. You can use a free auto loan calculator on the lender’s website to find out what you may be eligible for. If you want to save money on car insurance, the Jerry app can gather affordable quotes and help you switch plans. It’s an alternative to traditional car insurers and can save you more than a few bucks on your monthly payments. It’s available in more than 20 states.
Local Dealerships
Car dealers provide gainful employment to millions of Americans. According to the National Automobile Dealers Association, they are located throughout the country and serve more than 259 million cars on the road. These dealerships is where to buy a used Rivian R1S. They also provide various services, from sales and service to management positions.
If you want to buy a new car, you can find it at a local dealer, especially one specializing in electric vehicles like the Rivian R1S. These dealers carry a large inventory and will likely offer the most competitive pricing. They can also provide you with the best interest rates on your car loan.
However, if you choose to finance your vehicle through the dealer, you should be aware of potential risks. NPR has reported that some dealers attempt to take advantage of shoppers by pushing them into dealer financing before they’re ready. The dealer often tries to sell the credit contract you sign to a third-party lender, such as an offshoot of the manufacturer or another auto lender, which can repossess your car if you fail to pay.
If you’re shopping for a used car, visit multiple dealerships to compare prices and test-drive cars. Unless you’re pressed for time, it’s best to separate your day of car shopping into two or more days.
Private Sellers
The Rivian R1S is the SUV counterpart to the Rivian R1T pickup truck. It entered production in 2022 and is positioned against Tesla’s Model X, offering superior off-road capabilities. Since the company hasn’t rolled out many vehicles, some owners are selling their SUVs for below MSRP on auction websites like Cars & Bids and Bring a Trailer.
Private sellers aren’t subject to the same overhead costs as dealers so they can offer lower prices than dealerships. However, some dishonest dealers buy salvaged cars at auction and then attempt to sell them privately to unsuspecting consumers (known as curbstoners). To avoid this type of scam, it’s important to thoroughly check a vehicle before you purchase it from a private seller.
One advantage of buying a used vehicle from a private seller is that they’re usually more flexible about adding features or upgrades to the car. Dealerships often rely on these add-ons to boost their bottom line, so they may be reluctant to negotiate with buyers trying to stay within budget.
Another benefit of buying from a private seller is that you’ll have more room to negotiate the price of the vehicle. Remember that you must acquire an auto insurance policy when you purchase a car.
Auctions
The Rivian R1S is an electric SUV with a long list of comfort and tech features, seven-passenger seating capacity, off-road capability, and 7,700-pound towing capacity. It entered production in 2022 as Rivian’s second model, following the Rivian R1T pickup truck.
Rivian hasn’t delivered many of these e-SUVs yet, and that’s a big part of why they’re selling at auction for six-figure sums. The startup has also been hit hard by supply chain issues that have slowed production and sent prices through the roof.
We gathered data from auction websites to help buyers understand why the R1S is priced so high. These graphics show the average Rivian R1S official and auction prices over time. They also reveal that flippers got away with more than $30K above MSRP just a year ago, but now it’s unprofitable to sell one at auction.
If you’re considering a used R1S, explore car insurance rates with Jerry, a licensed broker who provides end-to-end support for finding affordable rates on cars and trucks. You can see, compare, and save on the best coverage with a single app. Plus, Jerry’s app makes switching from your existing policy easy. Get started with a free quote and see how much you can save.