Electric Vehicle Spotlight: Financing Rivian R1S

American EV manufacturer Rivian Automotive initially unveiled a prototype of its futuristic all-electric SUV—the R1S—at the Los Angeles Auto Show in November 2018. After battling supply chain issues due to the global pandemic, Rivian finally began fulfilling orders for the R1S in August 2022. The R1S joins the increasing number of attractive electric SUVs being debuted in the EV market.

Since its debut, the R1S has undergone several changes, with Rivian discontinuing its base model (Explore Package) and focusing on more luxurious interior and exterior features in the Adventure and Launch models.

This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money.

Rivian R1S Interior, Exterior & Safety Features

The Rivian R1S is a luxurious all-electric SUV that combines performance and design. It features a modern interior with premium amenities and a sleek exterior design emphasizing its off-road capabilities, complemented by advanced safety features, including driver assistance systems, 360-degree cameras, and structural integrity for enhanced occupant protection.

Interior

The R1S was designed to offer a spacious and comfortable cabin with seating for up to seven passengers across three rows. High-quality materials and attention to detail contribute to a luxurious interior ambiance.

The interior features a modern and minimalist design with a focus on digital displays and user-friendly interfaces. A large touchscreen infotainment system provides access to a number of vehicle functions and entertainment options.

The R1S's interior was designed to be highly configurable, allowing for various seating and cargo arrangements to accommodate different passenger and storage needs. Rivian offers premium amenities and features in the RS1, including advanced climate control, high-quality audio systems, and other comfort-enhancing technologies.

Exterior

The R1S is characterized by its SUV body style, featuring a sleek and aerodynamic design. It shared design elements with the R1T electric pickup truck, including a distinctive front grille and lighting signatures. The R1S's exterior design reflects its off-road capabilities, with features like high ground clearance, durable body cladding, and robust underbody protection. The R1S also offers various roof options, including a panoramic glass roof for an open and airy feel in the cabin.

Safety Features

When building the R1S, Rivian aimed to include a suite of advanced driver assistance systems (ADAS) to enhance safety. These systems include adaptive cruise control, lane-keeping assist, automatic emergency braking, and more. To aid with parking and maneuvering, the R1S comes equipped with a 360-degree camera system, providing a comprehensive view of the vehicle's surroundings.

The R1S also features collision avoidance technologies, utilizing sensors and cameras to help the driver avoid potential accidents. As with most modern vehicles, the R1S was designed with a strong and rigid body structure to provide enhanced occupant protection in the event of a collision.

Comparing Rivian R1S Models at a Glance

The Rivian R1S has two trim levels: Adventure Package and Launch Edition. The Adventure Package is an upgraded version of the original base model, focusing on enhancing off-road capabilities with features like improved suspension, all-terrain tires, and rugged accessories, catering to those seeking outdoor adventures.

The formerly-available Launch Edition of the Rivian R1S was a limited-release variant with unique design elements, advanced technologies, and premium features, offering early customers an exclusive and fully-equipped option.

*Explore Package was discontinued in August 2022.

**Exceeds Federal EV Tax Credit MSRP limit of $80,000

Rivian R1S: Explore Package

The Rivian R1S Explore Package was initially designed to serve as an entry-level option catering to budget-conscious drivers. However, in light of low demand and poor sales, Rivian made the decision to discontinue the model—announcing the move in August 2022. Ultimately, by focusing on the Adventure Package, Rivian hopes to improve the efficiency of its supply chain and speed up the production and delivery of more vehicles.

Rivian R1S: Adventure Package

Built-In Off-Road Capability. The Adventure Package provides inherent off-road capabilities, featuring upgraded suspension, off-road tires, and an advanced all-wheel-drive system as standard.

Rugged Exterior Elements. Rugged exterior components, including skid plates and off-road bumpers, ensure durability and protection during challenging driving conditions.

Enhanced Interior Comfort. The Adventure Package features a premium interior with heated and cooled perforated vegan leather seats, Chilewich floor mats, wood or color-matched vegan leather accents throughout the cabin, and an immersive Rivian Elevation audio system with a removable Bluetooth speaker.

Adventure-Ready Accessories. A range of adventure-oriented accessories is bundled as standard, including roof racks, cargo management systems, and potentially camping-related gear, catering to outdoor enthusiasts.

Distinctive Aesthetics. The Adventure Package offers unique exterior and interior design elements, setting it apart from the previous versions with a rugged and adventurous appearance.

Performance Optimizations. Performance enhancements ensure optimized power delivery for off-road scenarios and pre-configured driving modes suited for various terrains.

Inclusive Bed Functionality. The Adventure Package adds functionality to the bed by including a Gear Guard remote monitoring system and security cable, providing peace of mind for your gear. Drivers also have the option to add a manual tonneau cover for additional protection and lockable storage.

Rivian R1S: Launch Edition

Exclusive Paint Options. The Launch Package comes with a selection of unique and exclusive paint colors or finishes, allowing every R1S owner to personalize their vehicle with a distinct look.

Special Edition Badging. Owners of the R1S Launch receive special edition badges or insignias on the exterior and interior, showcasing their status as early supporters of the model.

Advanced Driver Assistance Systems. The Launch Package includes additional advanced driver assistance features, enhancing safety and convenience with features like adaptive cruise control, automated parking, and advanced lane-keeping technology.

Upgraded Charging Capabilities. Exclusive charging options come standard on the Launch, providing a convenient and efficient charging experience for all owners.

Premium Connectivity. Enhanced connectivity features, such as an extended subscription to in-car Wi-Fi, exclusive access to certain apps or services, and advanced over-the-air software updates, are included as standard.

Exclusive Interior Materials. The Launch Package introduces even more luxurious interior materials, like unique premium upholstery, trim, and finishes—elevating the overall cabin aesthetics.

Special Edition Wheels. Distinctive wheel design options add greater customization to the vehicle's appearance for every owner.

Limited-Edition Accessories. Every R1S Launch comes with a set of limited-edition accessories, including a branded travel bag, key fob, and other exclusive items—celebrating their role as pioneers.

How to Save Money on Your Rivian R1S

The Rivian R1S is eligible for a federal tax credit of $3,750, as outlined in the Inflation Reduction Act of 2022, which can help offset its sticker price. Numerous state and local EV incentives further reduce the financial burden of owning a Rivian R1S.

In California, the Clean Cars 4 All program helps lower-income Californians by offering cash incentives of up to $9,500 to retire their older gas-powered vehicles and invest in EVs.

Colorado residents can take advantage of the Colorado Electric Vehicle Tax Credit, which offers up to $5,000 in tax credits for purchasing an electric vehicle like the Rivian R1S.

These incentives represent just a portion of the available programs, grants, and rebates at the federal, state, and local levels, making the Rivian R1S an appealing option for those transitioning to electric vehicles.

EV Life Makes Financing Easy

EV Life offers a smarter solution for your Rivian R1S purchase. Here’s how it works when you apply for an EV Climate Loan with EV Life:

• Pre-qualify for more than financing. EV Life’s application process is easy and fast. We’ll ensure that you qualify for every tax credit, rebate, and other incentive you’re eligible for, then help you file all the paperwork with our “Turbo Tax-style” incentive filing tools.
• Bundle charging. An EV Life loan enables you to get an instant quote for home charger installation and bundle it into auto financing, reducing your upfront costs.
• One low payment. The EV Life loan applies all your savings directly to your loan, significantly reducing your monthly payment.

Don’t navigate the complex and ever-shifting EV incentive process alone. Financing with EV Life guarantees the best prices and the lowest rates on your EV, saving the planet while saving your pocketbook.

Get pre-qualified today to find out how much you could save on your R1S.