Rivian Lease Prices Drop Despite End of Federal EV Credit

A lot of folks are still recovering from the shock of the federal EV lease credit disappearing. For months, buyers were planning their timing carefully, expecting to jump in before the end of the year to lock in that extra savings. Once the credit went away, it felt like the deal was gone too.

But here’s the surprise: most Rivian leases are actually more affordable now than they were when that credit was active.

The big reason is something called the money factor, which is basically the leasing world’s version of an interest rate. When the money factor drops, it lowers the finance charge portion of your lease, directly reducing your monthly payment. In other words, even without the federal credit, a better money factor can make the numbers work out in your favor.

Right now, Rivian’s lease programs are some of the strongest we’ve seen in a while, R1T leases start around $719 per month, and R1S leases begin at roughly $709 per month, depending on configuration and region. That’s lower than what many shoppers paid just a few months ago when the EV credit was still in play.

It’s one of those quiet shifts that most shoppers haven’t caught onto yet. The headlines were all about the credit disappearing, but the real story is that leasing a Rivian has become more approachable again thanks to more favorable lease terms.

You can also check out the latest October 2025 Rivian offers and incentives for more details on current lease and purchase programs.

And if you’re new to Rivian, don’t forget, you can get $500 in Gear Shop credit when you order using my referral link: https://rivian.com/configurations/list?reprCode=JOSE1715716.