Rivian's R2 Performance Launch Edition lease numbers are out, and they land right on top of the Tesla Model Y Performance. Both start at $57,990, with monthly payments within about sixty bucks of each other. Here is the full breakdown against the Model Y and the entry R1S, including where the Tesla still wins and where the residuals actually flip.
The R2 will launch without several software features R1 owners use regularly, including Rivian Assistant, Climate Hold, and Pet Mode, with Rivian indicating some will not arrive for at least the first month of ownership.
The base R2 Standard finally has firm numbers. Rivian set it at $44,990 before destination and moved it up to a Summer 2027 arrival, with rear-wheel drive, 350 hp, 355 lb-ft, and 275-plus miles of estimated range.
Rivian flew me out to Park City to drive the production R2 on road and off road, and after two days with it I'm convinced the only thing that can slow this car down is how fast Rivian can build them. Demand is not the problem. The R2 Performance is genuinely quick, the cabin stays quiet even on the all terrains, and the rear legroom is almost absurd for the size. The R2 Standard surprised me more than I expected too, and RivianOS 2.0 makes my R1 feel slow. Here's the full rundown on the drive, the new pricing, the software, and where the autonomy roadmap is actually headed.
Rivian has shared R2 warranty terms ahead of demo drives, and every trim gets the same coverage, 4 years or 50,000 miles comprehensive and 8 years or 120,000 miles on the battery and drive system. That matches the entry R1 rather than the higher trims. Here is how it compares across both R1 generations.
