Rivian is offering a credit of up to $6,500 when leasing a new R1S or R1T. Besides the lease rebate, Rivian is also slashing $2,000 off the price of its All-Terrain package. Due to their high price tags, the Rivian R1S and R1T were only eligible through leasing. The most affordable model eligible for Rivian’s rebates is the Rivian R1T Dual with the Large battery and Performance Upgrade, which retails for $82,990 excluding the destination charge. With the $6,500 rebate factored in, the price effectively drops to $76,490, but that’s without taking into account the usual leasing fees.