Rivian R1T depreciation: value by age
Value kept after 3 years
71%
- Loses 29% in 3 years.
- 2023 Adventure Package AWD. New: $74,800. Now: $53,300.
- Median truck at 3 years: 69% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | Dual Large 4 1/2 ft AWD | $78,700 | $56,300 | KBB fair price | 72% | $22,400 | $11,200 |
| 2023 | 3 | Adventure Package AWD | $74,800 | $53,300 | KBB fair price | 71% | $21,500 | $7,167 |
| 2022 | 4 | Adventure Package AWD | $74,500 | $52,400 | KBB fair price | 70% | $22,100 | $5,525 |
- Biggest drop
- New to age 2: $11,200 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | N/A | N/A | $51,200 | $45,912 | $42,613 |
| 2023 | $71,440 | $52,728 | $46,169 | $50,900 | $46,764 | $43,369 |
| 2022 | $64,388 | $48,112 | $41,575 | $50,100 | $45,120 | $40,982 |
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.
- 2 or more sources
- 1 source
- Model-level, rule or estimate