Skip to content
GizmoDriver

Rivian R1S depreciation: value by age

Value kept after 3 years

69%

  • Loses 31% in 3 years.
  • 2023 Adventure AWD. New: $79,800. Now: $55,400.
  • Median SUV at 3 years: 63% kept.
  • Value now: KBB fair price.

Pick another car

0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrR1SSUV median
Share of original MSRP kept, by age. Blue: median of 82 to 183 SUVs per age.
Rivian R1S value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242Launch Edition AWD$77,300$70,600KBB fair price91%$6,700$3,350
20233Adventure AWD$79,800$55,400KBB fair price69%$24,400$8,133
20224Explore Package AWD$74,300$59,385CarGurus average listing80%$14,915$3,729
Biggest drop
Age 2 to age 3: $17,700 a year.
Values as of
October 2026

KBB resale value by year

Rivian R1S: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$108,700$97,234N/AN/AN/A
2023$87,661$60,193$56,347$52,700$46,262$41,057
2022$83,682$63,912$57,062N/AN/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked