Bad News Rivian R2 Flippers, One Of The First Models Only Fetched $63k

Rivian launched the highly anticipated R2 connected June 9 and it appears the excitement was short-lived. One of the archetypal models precocious sold astatine auction and it lone garnered 4 bids.

The electrical crossover ended up selling for $63,500, which was lone $2,015 supra its sticker terms of $61,485. This means the seller apt ended up losing wealth connected the conveyance aft factoring successful taxes and expenses.

More: Rivian’s Most Affordable Model Arrives First In Its Most Expensive Form

The R2 Performance Launch Edition was listed connected Cars&Bids and the auction wrapped up yesterday. The Catalina Cove crossover lone had 71 miles (114 km) connected the odometer and it was purchased past month.

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The seller said they were a “day 1 deposit holder,” which suggests they reserved the R2 backmost successful March of 2024. The seller added they’ve owned respective Rivians implicit the years, but ended up buying a Kia EV9 for his wife.

Despite this, they decided to instrumentality the archetypal Catalina Cove R2 that arrived astatine their section halfway with the anticipation of keeping it and selling the EV9. She seemingly liked the three-row EV better, truthful they decided to flip the Rivian.

While that could conscionable beryllium a story, it seems plausible capable arsenic it’s hard to program retired your conveyance needs and timing astir 2 and a fractional years successful advance.

Regardless, it’s absorbing that the R2 didn’t merchantability for much money. The exemplary is inactive successful abbreviated proviso and the institution is “inviting preservation holders to bid successful rolling batches.” If you reserve today, it’ll instrumentality astir a week to get estimated timing for your bid invitation.

As a refresher, the R2 Performance starts astatine $57,990 and features a dual-motor all-wheel thrust strategy processing 656 hp (489 kW / 665 PS) and 609 lb-ft (825 Nm) of torque. It enables the crossover to accelerate from 0–60 mph (0-96 km/h) successful 3.6 seconds and question up to 330 miles (531 km) connected a azygous charge.

It comes nicely equipped with Matrix LED headlights, Compass Yellow accents, and 21-inch wheels. Buyers volition besides find 12-way powerfulness beforehand seats with heating and ventilation arsenic good arsenic heated rear seats and a heated steering wheel. They’re accompanied by birch wood trim, a nine-speaker premium audio system, and a flashlight integrated into the driver’s door.

The Launch Edition adds a fistful of notable extras including a peculiar cardinal fob and a beingness subscription to Autonomy+, which provides Universal Hands-Free driving connected implicit 3.5 cardinal miles (5.6 cardinal km) of roads successful the United States and Canada. The peculiar variation besides comes with a tow bundle that enables the exemplary to haul up to 4,400 lbs (1,996 kg).

Cars&Bids