Rivian Offers 1.99% Financing on 2026 R1 Vehicles
The automaker is incentivizing sales of its current electric lineup ahead of expected arrivals for the upcoming R2 model.
Updated on Oct. 25, 2026 in Electric Vehicles
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Rivian is launching a 1.99% APR financing offer for 60-month terms on 2026 R1 Dual and Tri vehicles. The company is also providing a $1,500 lease bonus on select 2026 R1 models as it works to clear inventory space for new models.
Why it matters
These incentives allow Rivian to reduce current lot inventory levels while making room for the upcoming R2 vehicle lineup. The financing offers help position the company competitively against other electric vehicle manufacturers currently adjusting their own retail terms.
Rivian is offering 1.99% APR financing over a 60-month term on R1 Dual and Tri models. Additionally, the company is providing a $1,500 lease bonus on 2026 R1 models, excluding the Quad version, while GMC offers 0.9% APR on 2026 Hummer Pickups for 36 months.
The players
Rivian
Rivian is an American manufacturer of electric vehicles that produces pickup trucks and SUVs.
GMC
GMC is a division of General Motors that specializes in trucks and utility vehicles.
The details
To qualify for the financing promotion, buyers must secure approval by November 2, 2026, and take delivery of their vehicle by November 30, 2026. This limited-time window aligns with the automaker's strategy to balance current inventory levels with future product availability.
Timeline
November 2, 2026, is the deadline to secure financing approval for R1 and Hummer deals.
November 30, 2026, is the final day to complete delivery for the Rivian R1 financing offer.
Roadmap
These aggressive financing incentives underscore Rivian's push to optimize inventory levels as it prepares for the introduction of its R2 vehicle platform. This move positions the brand to maintain momentum while transitioning consumers toward its next generation of electric utility vehicles.
Buyers looking to purchase a new 2026 R1 vehicle can take advantage of the 1.99% APR rate to lower monthly costs if they secure financing by the early November deadline. Potential customers should confirm their eligibility for the $1,500 lease bonus at local delivery centers before the November 30 delivery cutoff.
The takeaway
Potential buyers should act quickly to meet the November 2 and November 30 deadlines if they intend to utilize the new financing or lease incentives. Checking with local dealers on available stock is essential for those aiming to secure these promotional rates before the window closes.
Further reading
For a broader look at market trends, visit the Electric Vehicles section.
Source note: This article includes information reported by CarBuzz.
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