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2025 Rivian R1S Lease Is Not A Bargain

If you want to lease the second-generation Rivian R1S, you may want to wait. Based on our analysis, the cheapest 2025 Rivian R1S lease can cost more money than a 2024 R1S Quad Motor which has an MSRP of over $90,000. For bargain hunters, the outgoing EV could be a way better value if you're going to lease.

The 2025 Rivian R1S Dual Standard is listed at $653 for 36 months with $8,548 due at signing per the company's online payment estimator. That's based on an MSRP of $77,700 including destination and 10,000 miles a year. The effective cost of this lease comes out to $890 a month before factoring in taxes & fees.

2025 Rivian R1S black interior

Rivian's price includes a $7,500 EV lease credit just like the outgoing model. However, current incentives make the 2024 Rivian R1S a much better deal. In the case of the R1S Adventure Quad Motor with Large Battery Pack and an MSRP of $92,000, Rivian's lease is actually less expensive than the cheapest 2025 model.

The Quad Motor is listed at $651 with $8,546 at signing, or $888 a month. That's $2 less than the 2025 model despite a price difference of $14,300. Killer deals from Rivian aren't exactly surprising. As we reported last month, Rivian R1T leases could be cheaper than a Nissan Titan, making the EV a surprising upgrade.

Buyers should know that Rivian's 2025 payment estimator is preselecting the $2,000 Sport Bright wheels, making it look more expensive than it would be with the standard 20-inch wheels. We factored out the 22-inch wheels in the figures above. Rivian is quoting August through September deliveries for both versions.

Source: Rivian

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      Alex has been writing about car buying and leasing for over a decade. Originally from San Francisco, Alex has a degree in History from the University of California, Santa Barbara, and has been a lifelong lover of cars. Alex’s work has been featured in publications such as Forbes, The Wall Street Journal, Motor Trend, and more.

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