Rivian offers (up to) $5,000 discount if you trade in your gas-powered truck

If you buy or lease an eligible gas-powered truck or SUV, Rivian will give you up to $5,470 in rebates. R1 electric car Package in USA and Canada. whom”Electrical Upgrade Proposal“For Earth Day, Rivian said it will accept 2018 or newer Ford F-150, Explorer, Expedition and Bronco (excluding Bronco Sport) vehicles for trade-in, as well as 2018 or newer Toyota Tacoma, Tundra, Highlander and 4Runner vehicles. You can trade in a Jeep Grand Cherokee, Wrangler or Gladiator of the same model years.

As you can see, some of these models are incredibly popular gas vehicles, like the Ford F-150, as the company hopes to appeal to a wide range of people considering the switch to electric. Of course, the amount you get will depend on your car and its condition, meaning you may get more if you sell it yourself. Additionally, the discount will only apply to the R1T truck and R1S SUV packages for amounts ranging from CAD 1,000 ($730) to CAD 7,500 ($5,470). You’ll also still need to put down a $1,000 non-refundable deposit to reserve your chosen configuration, and you’ll need to be able to take delivery between April 22nd and June 30th.

whom TechCrunch notes that Rivian launched the promotion at a time when demand for electric vehicles, particularly more expensive premium models, is declining. Other automakers have recently introduced their own discounts — for example, Tesla, $2,000 off Model Y, Model X and Model S starting prices. It also ends its referral program on April 30 and is developing its Total Self-Driving program. $4000 cheaper. If you trade in an eligible gas vehicle to purchase an R1, you’ll be able to charge your new EV for free at all Rivian Adventure Network sites for one year.

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