Rivian R2 — Build, Compare & True Cost
Build your R2
Gear & accessories
Standard vs Premium vs Performance
Configure each trim side by side.
Side-by-side comparison
Gear & accessories
The basics
Where you'll register, how much you drive, and how long you'll keep it — these shape every group below.
Insurance, property tax, electricity, and gas use editable state averages. Upfront tax is an estimate; rules vary by state and trade-in. Incentives change often; check AFDC ↗, PlugStar ↗, and your DMV or energy office.
The purchase up-front
Vehicle price is taxed and financeable. Gear is separate, untaxed upfront cash unless you choose to finance it. Trade-in reduces the purchase total and the taxable price.
How you'll pay financing
Loan-interest deduction (2025–2028)
Temporary federal deduction for interest on a new US-assembled auto loan. R2 qualifies; income limits the benefit.
Charging & energy running cost
Ownership costs running cost
What comes back recovered later
Money that returns to you: resale when you sell, rebates after purchase.
Where the money goes
At a glance
How the money runs over time
Each view updates as you change payment type, term, mileage, or ownership horizon.
Cumulative cost over time
Annual cost by year
Loan payoff & equity
Depreciation & underwater
Fuel: EV vs gas
Compare scenarios
Save setups to compare true cost side by side. With two or more saved, their cumulative curves overlay below.
How this model works — assumptions & method
What's modeled month by month
The model runs an amortization schedule month by month, adding financing, insurance, electricity, registration + EV fee, property tax on the depreciating value, maintenance, gear, and charger install. It credits the 2025–28 loan-interest deduction when eligible, returns any rebates you enter, and subtracts resale at the end. The result is your true cost. Costs are in today's dollars — set the escalation input above 0 to inflate insurance, maintenance, and electricity year over year.
The value curve
Depreciation is a two-phase curve: a steeper first year (typical for new EVs, ~18% by month 12), then a gentler slide to your resale-retained % endpoint, so the chart and resale credit agree. The endpoint assumes ~12,000 mi/yr; driving more shifts it down (capped at 5 points, always shown on the chart), driving less shifts it up. The crossover marks when vehicle value rises above the loan balance.
Charging & fuel
Electricity blends your home rate (state average by default — override with your utility's rate) with the public-charging rate for the miles you don't charge at home. Efficiency is measured from the wall, so home-charging losses (~10%) are already folded in; EPA's 3.77 mi/kWh is a wall figure and the 3.5 default is a conservative real-world one. The gas comparison is fuel only — it doesn't model a gas vehicle's price, insurance, or depreciation.
Taxes, fees & the deduction
For purchases, trade-in value reduces the vehicle total and the taxable price: price + destination - trade, vehicle only. State defaults set tax, title, registration, EV fees, and property tax; edit them for your county. The deduction phases out above $100k single / $200k joint MAGI and is gone at $150k / $250k. Not tax or financial advice.