Electric vehicle (EV) resale values tend to be a bit more severe than an internal combustion engine (ICE) car, and we’ll be diving into why that’s the case deeper into the article. Unsurprisingly, that depreciation is even more severe if you buy an EV in the luxury segment. The depreciation curve of a luxury EV tends to be at its steepest during the first few years of ownership, but if you’re in the market for the Rivian R1T, you’d probably be surprised that this electric luxury pickup’s one-year depreciation or one-year-old resale value is higher than you think.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Rivian and other authoritative sources, including iSeeCars.
Related
What A 2-Year-Old Rivian R1S Costs Today
If you’re looking to purchase a Rivian R1S, here’s what you need to know about its depreciation over a two-year period.
Rivian Is The Right One
The Rivian R1T is a midsize luxury electric pickup that, price-wise, is already competing with the likes of the Chevrolet Silverado EV and Ford F-150 Lightning–both of which are full-size electric pickups. You’d also be surprised that a used one-year-old Rivian R1T’s value is probably higher than you were expecting.
Average One-Year-Old Value At $70,195
According to iSeeCars, a one-year-old Rivian R1T has an average resale value of $70,195. To put that into context, the base price for an R1T Dual Standard in 2025 is $71,900, which seems to be deceivingly good. However, what you have to remember is that the R1T’s price tag escalates to $99,900 for the R1T Tri, giving you a price spread of $28,000. Huge disclaimer, the table below is merely ranked based on their one-year resale values, but not necessarily on how much value these electric pickups lost in a year.
|
1-Year-Old Average Price |
|
|
GMC Hummer EV (Pickup) |
$112,655 |
|
Rivian R1T |
$70,195 |
|
Ford F-150 Lightning |
$57,924 |
|
Chevrolet Silverado EV |
TBA |
|
Tesla Cybertruck |
TBA |
On the upside, while it’s hard to compare one-year-old EV resale values in 2025 due to a lack of directly comparable data, there’s a broader amount of data available for EV resale values and depreciation for three years and up.
With that broader perspective, you can see how the Rivian R1T compares with the overall EV market, the overall ICE market, and the overall pickup market. Among electric pickups, it’s the Ford F-150 Lightning that has the best five-year resale value, while the Rivian R1T lands in the middle of the pack.
|
5-Year Resale Value |
|
|
Ford F-150 Lightning |
50.4% |
|
GMC Hummer EV (Pickup) |
47.7% |
|
Rivian R1T |
47.2% |
|
Chevrolet Silverado EV |
46.3% |
|
Tesla Cybertruck |
44.8% |
R1T Versus The Rest Of The Used Market
Relative to the EV market, the Rivian R1T is actually pretty good, though not the best. It falls somewhere in the middle of the pack, making the Rivian R1T far from the worst. Unfortunately, unlike electric SUVs or sedans, electric pickup models are still few and far between. In addition, the oldest of them all would be the F-150 Lightning, which only came out in 2022. Therefore, average resale values for the entire electric pickup segment are still unavailable. Relative to other electric SUV segments, however, you’ll see that the R1T fares excellently, especially past the five-year mark.
|
3-Year Depreciation |
5-Year Depreciation |
7-Year Depreciation |
10-Year Depreciation |
|
|---|---|---|---|---|
|
Rivian R1T |
44% |
57.5% |
63.5% |
65.4% |
|
All Luxury Electric Compact SUVs |
42.4% |
69% |
74.2% |
77.8% |
|
All Luxury Electric Midsize SUVs |
41.6% |
60.8% |
70.7% |
84% |
|
All Pickups |
23.7% |
37.7% |
46.6% |
57.5% |
|
All Cars |
30.5% |
43.7% |
54.5% |
65.7% |
Why EVs Depreciate Faster
Now, as you’re probably already aware, EVs tend to depreciate faster than ICE cars, but why is that the case? This also serves as a great starting point for why the R1T’s resale falls somewhere in the middle of the pack.
EV Innovation Is Fast
Unlike in an ICE car where we’ve pretty much reached the technological peak of this drivetrain technology, EVs are improving and innovating at a much faster pace. It’s only in the 2020s that automakers started to make heavy investments in EVs, whereas it’s been more than a century since the first ICE car hit mass production. For instance, fueling takes merely a few minutes, and that hasn’t changed since the beginning of time. EV charging, on the other hand, is getting faster in just a few years. Let’s not forget the range, safety, and energy density improvements that batteries face, which will further speed up an EV’s depreciation.
This is also the case with the updated Rivian R1T, which not only received efficiency and technological enhancements but also improved construction methods. For instance, Rivian claims they’ve dropped 40 pounds of wiring in the new R1S, which is complemented by fewer computers and ECUs required for its features.
Why Rivian Falls In The Middle
Rivian’s depreciation falls somewhere in the middle because, while it may be a luxury product, it isn’t as obscenely expensive as a GMC Hummer EV pickup. At the same time, an F-150 Lightning is available in lower-spec fleet-oriented versions, and these tend to be more resilient to depreciation.
Furthermore, thanks to its Android Automotive-based operating system, the Rivian R1T won’t be obsolete in the coming years. You can expect more features will be added to the car as time progresses. How long that software support will remain is still up for debate, but one thing that the EV era has also sped up is our transition into software-defined vehicles (SDVs). SDVs are often defined by how a vehicle can stay relevant and updated by still receiving new features with a mere software over-the-air (OTA) update.
Related
The Electric Truck With The Best Towing Capacity That You Can Buy Today
This all-electric pickup truck boasts a class-leading 12,500-pound towing capacity, and it’s competitively priced within the segment.
What Else An R1T Offers
The appeal of the
Rivian R1T is its extremely high functionality.
This vehicle has been built with adventure in mind, which makes the R1T the perfect EV for those who enjoy venturing out into the woods.
Functionally Beautiful
Styling may be subjective, but I think a lot of people will agree that the Rivian R1T is a stylish and minimalist electric pickup. The front end has a grille-less face that’s complemented by vertical LED headlights and a full-width LED light bar. That same minimalism is also echoed in the pickup’s side profile, wherein, depending on the variant, wheel sizes range from 20 to 22 inches. Finally, the LED taillights mirror the design of the headlight cluster. Now, thanks to its excellent packaging that’s only possible on a bespoke EV platform, the R1T has numerous clever storage solutions. One of these is Gear Tunnel, which is basically a large storage area between the cab and the bed since there isn’t a driveshaft tunnel to take into account in its design.
That same level of functionality and beauty is found inside the R1T. For instance, the optional Camp Speaker neatly fits into its dedicated center console storage, while flashlights are strategically placed within the door frames for easy access. There’s also a large under-seat storage, and the R1T even has bidirectional charging capability, also known as vehicle-to-load (V2L). Finally, the rest of the interior is made out of premium yet sustainable materials, whilst also packing a lot of tech.
Extremely Capable
Lastly, the appeal of the Rivian R1T also lies in its sheer capability. Depending on the variant and the battery size, the R1T can have a driving range that falls anywhere from 270 to 420 miles. Likewise, in terms of horsepower, the
R1T’s output ranges from 522 horses
for the dual motor standard, while the most powerful model is the upcoming R1T Quad. This variant has four motors, which produces a whopping 1,025 horsepower and 1,198 pound-feet of torque.
|
R1T Dual Standard |
R1T Dual Performance |
R1T Tri |
R1T Quad |
||||
|
Powertrain |
(Rear) Single permanent magnet, synchronous reluctance |
(Rear) Single permanent magnet, synchronous reluctance (Front) Induction motor |
|||||
|
Horsepower |
522 hp |
665 hp |
850 hp |
1,025 hp |
|||
|
Torque |
610 lb-ft |
829 lb-ft |
1,103 lb-ft |
1,198 lb-ft |
|||
|
0-60 MPH |
4.5 sec. |
3.4 sec. |
2.9 sec. |
2.6 sec. |
|||
|
Driveline |
AWD |
AWD |
AWD |
AWD |
|||
|
Battery Capacity |
105 kWh |
135 kWh |
149 kWh |
135 kWh |
149 kWh |
149 kWh |
149 kWh |
|
Battery Type |
LFP |
NMC |
NMC |
NMC |
NMC |
||
|
EPA Range |
270 miles |
329 miles |
420 miles |
329 miles |
420 miles |
371 miles |
TBA |
|
Combined Energy Efficiency |
72-85 MPGe |
82-84 MPGe |
76 MPGe |
TBA |
|||
|
Max AC Charging |
11.5 kW |
||||||
|
Max DC Charging |
200 kW |
||||||
|
Max Towing Capacity |
7,700 lbs |
||||||
|
Base MSRP |
$71,900 |
$81,900 |
$99,900 |
TBA (Coming 2025) |
|||

