2025 Rivian R1STrue Cost of Ownership in Canada
835 hp all-electric, popular electric SUV. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$86K
Base: $77K
Annual Total
$23K
Insurance + fuel + maintenance
Import Duty
$5K
6.1% of base price
VAT
$4K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$201K
Purchase + 5yr running costs
2025 Rivian R1S — Full Cost Breakdown in Canada
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $77K |
| Import Duty (6.1%) | $5K |
| VAT / Sales Tax (5%) | $4K |
| Total Purchase Price | $86K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $15K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $23K |
| 5-Year Total Cost of Ownership | $201K |
| Cost Per Kilometer | $1.534 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Rivian R1S Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$1,980
USD equivalent
Monthly Fuel Cost
$165
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$13.20
11L × C$1.20
Rivian R1S Depreciation Curve
The Rivian R1S loses approximately $38K (49%) of its value over 5 years.
Year-by-Year Value
| New | $77K | 100% |
| Year 1 | $62K | 80% |
| Year 2 | $54K | 70% |
| Year 3 | $48K | 62% |
| Year 4 | $43K | 56% |
| Year 5 | $39K | 51% |
Depreciation based on suv segment averages.
Rivian R1S vs. Competitors in Canada
How does the Rivian R1S compare to similar cars available in Canada?
Rivian
R1S
Base Price
$77K
Annual Cost in Canada
$23K
Toyota
RAV4
Base Price
$32K
Annual Cost in Canada
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Canada
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Canada
$7K
Annual costs estimated for Canada market. Import duty (6.1%) and VAT (5%) applied to all models.
🇨🇦 Owning a Car in Canada
Insurance varies hugely by province.
Expensive for Canada
Annual car costs = 48% of average Canada income ($48K/yr)
Average Annual Income
$48K
In Canada
Fuel Price
C$1.20/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
6.1%
On vehicle value
VAT / Sales Tax
5%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in Canada
Rivian R1S in Canada — Frequently Asked Questions
Common questions about owning a Rivian R1S in Canada.
The 2025 Rivian R1S has a base price of $77,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $85,782 USD (C$85,782 CAD).