[Kanundrum]

Experience - Rivian

• Purchasing - Rivian
• Charging - Rivian
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Car buying made simple.
You can manage the entire purchase process on your phone or computer. If you ever have a question, your personal Rivian Guide is here to help. To ensure your happiness, you have 7 days or 1,000 miles to return your vehicle after it’s delivered. Our goal is to make buying a Rivian easy and transparent.

How do trade-ins work? - Support Center - Rivian

How do trade-ins work?
A trade-in is used as a credit towards your new Rivian.

Rivian will make a trade-in offer during our online ordering process. We accept most makes and models of vehicles as trade-in, though some may require manual review.

These decisions are determined by a combination of user-supplied information, market value and vehicle history. Rivian will collect your trade-in vehicle on delivery day.

 

[MilesK]

Welcome to the forum @Kanundrum! The 7 day / 1,000 mile return policy is a nice touch by Rivian.

If for some reason anyone returns theirs I wonder how Rivian will sell those vehicles.

 

[eHauler]

Rivian's return policy of 7 days or 1,000 miles is great to have but I hope they don't eventually get rid of it like what Tesla did around late 2020. As of September 2020 this is what it said:

Return Policy
Terms and Conditions

• Owning a Tesla vehicle means you are driving one of the most advanced, best performing and safest vehicles available. We are confident that you will feel great about your new vehicle, and so are giving you time to experience and enjoy your new Tesla. Subject to the terms and conditions of this policy, if you are unhappy with your vehicle, you may return it to us within seven (7) calendar days.
• We will accept your vehicle for return if the vehicle:
  • Has an odometer mileage of less than 1,600 km at the time of return;
  • Has a New Vehicle Limited Warranty that has not been voided;
  • Has not been the subject of any submission or application for any available incentives or perks;
  • Is in new condition, without damage or abnormal wear and tear; and
  • Has not been resold or transferred to any person or entity.
• To return the vehicle, you will need to deliver the vehicle (including all original equipment and any parts and accessories that came with the vehicle, including the mobile connector kit) to us at a Tesla Delivery Center (or other location that we agree to), and complete a vehicle inspection, by the end of the seventh (7th) calendar day following the delivery date. If you are unable to return your vehicle by the 7th calendar day after making good faith efforts, please contact your closest Tesla Delivery Center. Extenuating circumstances may be evaluated on a case-by-case basis.
• Once you have returned your vehicle, the return process is final and may not be cancelled. At this time, we are not able to facilitate vehicle exchanges. If you decide to order another vehicle, you may not order the same trim for a period of 12 months but may order another vehicle in a different trim at any time. However, if you are found to have abused this policy or have acted in bad faith, you will be prohibited from purchasing any vehicle for a period of 12 months.
• You will remain responsible for any fees or charges that may later become due while the vehicle was in your possession, such as unpaid tickets and citations or applicable property taxes. If you acquired your vehicle with a lessor or lender, you may be responsible for additional fees or charges required by your lessor or lender in order to reverse the transaction. In addition to returning the vehicle, you will need to ensure title to the vehicle is transferred to Tesla free and clear of any liens.
• If you traded in a vehicle as part of your original transaction, you will not receive that trade-in vehicle back, though we will refund you the applied trade-in value as part of your return. If you had negative equity in your trade-in vehicle, you may need to pay us an additional amount to cover the negative equity.
• If you acquired your vehicle through a third party lessor or lender, you may have other terms or conditions in your lease or financing agreement, which are outside of our control. This return policy may not apply in such situations depending on the agreement between you and your third party lessor or lender.
• This return policy is intended to give you confidence in your purchase of a Tesla vehicle, and so is in addition to any other rights you may have under applicable law.

 

[JimmyEV]

Welcome to the forum @Kanundrum! The 7 day / 1,000 mile return policy is a nice touch by Rivian.

If for some reason anyone returns theirs I wonder how Rivian will sell those vehicles.

I imagine they're going to have some kind of a "used" section on their website. This is going to be where Cox Automotive's expertise comes into play.

 

[Mr. Gee]

Welcome to the forum @Kanundrum! The 7 day / 1,000 mile return policy is a nice touch by Rivian.

If for some reason anyone returns theirs I wonder how Rivian will sell those vehicles.

Assuming the volume of returns is low: service loaners.

 

[MilesK]

Assuming the volume of returns is low: service loaners.

That's possible but I'd have to think they'd rather sell them off.

 

[Mr. Gee]

That's possible but I'd have to think they'd rather sell them off.

Unlikely they'll dilute sales this early in the process by offering up discounted "slightly used" cars (and they don't have dealerships to offload these vehicles). They're anticipating a loaner process and they're also offering discounted cars to employees so this will provide a channel for that as well. They can't be resold as new so they'll need to find an alternate channel.