Financing, APR & RefinancingBuying adviceCommunity Starter

2024 Rivian R1S — 0 percent promo versus a cash rebate

BatteryScout255Community StarterApr 20, 20262024 Rivian R1S Dual-MotorHouston
Manufacturer offers promotional financing or a cash incentive. What is the right way to calculate which one is worth more over my expected payoff period?
apr
9.81
location
Houston
term months
60
asking price
56500
dealer addons
2495
dealer doc fee
499
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2 replies

SunBeltDadCommunity StarterCommunity StarterApr 21, 2026permalink
Don't send a deposit on a phone quote. If one piece looks too good on the 2024 Rivian R1S, hunt doc fees, accessories, and the APR next. Screenshot the worksheet if you can. This is from a 2024 Rivian R1S in Houston. Did the worksheet show tax yet? If the story changes I'll post the new data.
SunBeltDadCommunity StarterCommunity StarterApr 21, 2026permalink
Get the messy numbers in writing first. A written buyer’s order on the 2024 Rivian R1S is worth more than any verbal “we’ll make it work.” Do that before you talk monthly again. On “0 percent promo versus a cash rebate,” that was the fork that mattered for me. Was this after sitting overnight? If they get vague again I'm shopping the deal elsewhere.
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