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iambateman | 19 days ago

The R2 was the first time I seriously thought about spending up on a vehicle.

It looks good.

But $45k++ is just wild to me. It seems like the market is undervaluing used EV’s, so hopefully the depreciation curve will bring these down to $30k in a couple years for us old-school folks who prefer not to have a $1000/mo car loan.

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somerandomqaguy|19 days ago

I'm a little confused why you think that's wild; It's pricing is inline with other BEV's in the Canadian market at least; it's comparing with the Model Y, the Equinox, the Blazer, the Mach e, the Ioniq 5, the EV6, the BZ4, and the Aryia.

Typically speaking you're going to spend $10,000 to $13,000 more then an equivalent gas car for a BEV vs a comparable gas car in Canada.

darth_avocado|19 days ago

> But $45k++ is just wild to me

It’s just surprising to me that this is surprising to anyone in 2026. New cars are no longer $20-30k in the US and haven’t been since 2021. Average transaction price is now $50k+, so if companies like Rivian that skip the dealership model charge $45k, it really isn’t that expensive. The only new cars under $30k are sedans and hatchbacks. And most of them start at almost $27-30k for base price not including all the bs dealership fees.

riku_iki|18 days ago

> New cars are no longer $20-30k in the US and haven’t been since 2021.

there are plenty cars in this subrange, its just Americans prefer to spend more on extra features.

consumer451|18 days ago

New base Nissan Leaf is ~30k after delivery fee, and looks pretty darn great.

thefourthchime|19 days ago

The 45k is a myth for now. The vehicles that have been reviewed so far are going to be $60k+ performance models. We'll see if they actually get down to 45k.

From the analysis I've seen with that drag coefficient, the 45k vehicle is going to have to have a range of 220 to 260 miles. Hardly something that will fly off the shelves.

toomuchtodo|19 days ago

Average price of a new vehicle in the US is $50,000. This is priced appropriately considering total cost of ownership delta against a combustion vehicle. Rivian needs more volume for prices to decline from manufacturing efficiency at scale.

https://www.axios.com/2024/12/19/cars-prices-inflation-suvs

seemaze|19 days ago

A cursory search of the web shows that TCO for EVs in the US is higher than ICE for all but high mileage commuters. Wish it wasn't the case, but insurance alone is a 30% premium.

nradov|19 days ago

Are you sure about that? The cost of repairing even minor collision damage on a Rivian is ridiculous.

Someone1234|19 days ago

People keep repeating this uncritically. There is a car-debt crisis, and wages haven't kept up with house/car costs.

We have one person saying "well in Californian wages..." and another saying essentially that 50K isn't a lot of money when the average SALARY is $66K/year.

dlcarrier|19 days ago

Small, efficient gasoline vehicles are prohibited by CAFE standards in the US, but EVs are exempt. Generally new EV manufacturers have been starting with high-end vehicles, and working their way into mid-range, with hopes on eventual low-range vehicles.

Because EVs are exempt from CAFE standards, it does open up a niche at the very low end, and Slate and Telo are starting up production in that market, so one of their vehicles might appeal to you.

cchance|19 days ago

ya same, i can't see spending as much as i did on my first tesla 5+ years ago, the depreciations just too steep, hopefully that holds for rivian too and i'll pick one up in a couple years the R2 is really nice.

That said, china BEV's are 1/2 the cost even accounting for import costs to the USA lol so sort of points toward a issue with US companies at the moment

pixelatedindex|19 days ago

Do they depreciate any worse than their gas counterparts? You’re also saving money on gas and maintenance - that’s gotta count for something, no?

greesil|19 days ago

You can get a used EV for pretty cheap these days