When Rivian brought out the R1S SUV in mid-2022, people lined up to buy it. Because Rivian couldn't build them fast enough, used prices stayed sky-high for two straight years. Now that more of them are out on the road and circulating through the market, pre-owned inventory is finally more reasonable. There's not much in the way of information (or complaints) on models just yet, but here's what you should know before buying a used Rivian R1S.
Key Takeaways:
- Older 2022 models still sell for around 77% of what they cost brand new, while 2024 models are closer to their original price tag.
- Plan on spending about $5,400 a year to operate an R1S.
- Make sure fixes were made on January 2026 recall models for loose rear suspension parts, along with smaller fixes for seat belts and side airbags.
R1S Used Prices and Value
The R1S holds its ground better than most of its competition. 2022 models originally started at around $78,000 and now sell for about $59,800 used. Models from 2023 are about $55,500. If you want a 2024 model, expect to pay closer to $70,000 (they hold almost all their original value).
R1S Ownership Costs Per Year
Buying the car is only part of the bill, and you'll need to budget for what it takes to keep it on the road. Driving 15,000 miles a year costs roughly $3,900 for insurance and $1,100 to charge at home. Add in $350 for basic repairs, and your yearly running cost comes out to about $5,400.
What to Look For Under the Hood
When you start browsing used listings, you will mostly see two engine options: dual- and quad-motor. The quad-motor is the faster version with 835 horsepower and separate electric motors at every wheel, but it uses more electricity and wears down tires faster. The dual-motor version makes over 500 horsepower, gives you plenty of passing power on the highway, and gets better range out of a full charge.
You also want to pay attention to the interior layout. The R1S comes as a three-row SUV, and when you fold its back seats flat, you get a larger cargo area with a hidden storage tub under the floor.
Recalls and Service Checks
Before you hand over any cash, make sure a Rivian service center fixes all factory safety recalls. The biggest fix came in January 2026 for nearly 20,000 vehicles to fix loose rear suspension toe links that came from an earlier service repair. Smaller recalls fixed loose seat belt retractor bolts, front seat belt anchors, and plastic pillar trim that blocked the side curtain airbags from opening properly.
Because Rivian does not have traditional dealerships everywhere, getting service work done usually means using a mobile service van or driving to a regional Rivian service center. Checking the service history to see if the previous owner stayed on top of those recall visits saves you a massive headache later.
Which Model Year Should You Consider?
The smartest option is a low-mileage (and very affordable) 2023 or 2024 model. Since every R1S comes with a four-year or 50,000-mile factory warranty, buying one under that mileage mark means Rivian covers the cost of any remaining recall repairs or fixes instead of you. If you're ready to get behind the wheel, contact us today at a Jarrett location!