Rivian R1T LE: 6-8 Weeks Delivery & Legal Implications to Consider
Rivian's R1T Launch Edition (LE) is a highly sought-after vehicle, and now it can be yours in just 6-8 weeks. This limited edition model comes with many features that are not available on the current models, making it even more valuable. The original poster is looking to transfer their position in line for an LE to someone who would like to have it delivered within 6-8 weeks instead of waiting years. However, this deal has some legal implications as the original poster intends to harvest the $7,500 Federal tax credit and then resell it to the buyer at a higher price.
It is important to note that transferring reservations is prohibited by Rivian and buying a vehicle with the intent to resell is illegal. Furthermore, the IRS may need to prove that the original intent was to resell the vehicle, which could be difficult if there isn't much evidence. It is also unclear who will pay the taxes on the original purchase.
My recommendation is never to make a public post about a half shady deal and always talk with your attorney before proceeding. If you do decide to go ahead with this transaction, make sure you don’t claim the tax credit, honor your contract with Rivian, and don’t misrepresent the vehicle condition to the person buying it from you. Additionally, consider all potential risks involved before committing to anything.
The R1T LE is a great vehicle, and it can be yours in 6-8 weeks. However, make sure you understand the legal implications of transferring reservations or reselling vehicles before making any decisions. It’s always best to consult with an attorney if you have questions about the legality of your actions.
Finally, Rivian has made it clear that they will not honor any transfer requests for their Launch Edition models due to limited availability and high demand. If you are looking for a customisable vehicle that can be delivered within 6-8 weeks, consider other options such as the R1S SUV or one of Rivian's upcoming electric pickup trucks instead. They offer many features similar to those found on the LE model but without all of the legal complications associated with transfers and resales.
Is it possible to purchase a Rivian R1T Launch Edition (LE) and have it delivered in 6-8 weeks?
Yes, we are offering our position in line for the R1T LE which comes with many included features that come standard with the LE but not with the currently available models. Delivery is expected to be within 6-8 weeks following confirmation of your vehicle configuration.
Is it possible to transfer reservations for the R1T LE?
No, Rivian does not allow transferring reservations. The only way to acquire an R1T LE is to buy it from someone who has already purchased it.
What are the tax implications of buying and reselling an R1T LE?
It is illegal to harvest the $7,500 Federal tax credit when buying and reselling an R1T LE. Additionally, if you claim the tax credit, it could be considered fraud. As such, it is recommended that you do not claim the tax credit when buying and reselling an R1T LE. Furthermore, since the vehicle would no longer be legally new after taking delivery, title and registration from Rivian, it is important to make sure that you do not misrepresent the vehicle to the person buying it from you.
What features come standard with the R1T LE?
The R1T LE comes with many included features that are not available on the currently available models. These include a unique Launch Edition interior, a tow package, an off-road package, and a special Launch Edition exterior. Additionally, the R1T LE comes with a 75 kWh battery pack, a 300 mile range, and a 0-60 mph time of 3 seconds.
Is it possible to customize the R1T LE?
Yes, you can still customize your R1T LE to your specifications. You can choose from different colors, wheel designs, and other options to make your vehicle truly unique. However, please note that some customization options may add additional time to the delivery process.
What is the delivery process for the R1T LE?
After you have confirmed your vehicle configuration, we will begin the delivery process. This includes preparing your vehicle for shipment and arranging for it to be delivered to you. Delivery is expected to take 6-8 weeks from confirmation of your vehicle configuration. Once your vehicle has been shipped, we will provide you with tracking information so that you can follow its progress.