2024 Rivian R1T Dual MotorTrue Cost of Ownership in Canada
665 hp all-electric. Full cost breakdown including import duty (6.1%), VAT (5%), insurance, fuel at C$1.2/L, maintenance, and depreciation.
Purchase Price
$78K
Base: $70K
Annual Total
$21K
Insurance + fuel + maintenance
Import Duty
$4K
6.1% of base price
VAT
$4K
5% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$182K
Purchase + 5yr running costs
2024 Rivian R1T Dual Motor — 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) | $70K |
| Import Duty (6.1%) | $4K |
| VAT / Sales Tax (5%) | $4K |
| Total Purchase Price | $78K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $13K |
| Registration & Road Tax | $600 |
| Total Annual Running Cost | $21K |
| 5-Year Total Cost of Ownership | $182K |
| Cost Per Kilometer | $1.392 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Rivian R1T Dual Motor Fuel Cost Calculator — Canada
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,340
USD equivalent
Monthly Fuel Cost
$195
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$15.60
13L × C$1.20
Rivian R1T Dual Motor Depreciation Curve
The Rivian R1T Dual Motor loses approximately $32K (46%) of its value over 5 years.
Year-by-Year Value
| New | $70K | 100% |
| Year 1 | $57K | 82% |
| Year 2 | $51K | 73% |
| Year 3 | $46K | 65% |
| Year 4 | $41K | 59% |
| Year 5 | $38K | 54% |
Depreciation based on truck segment averages.
Rivian R1T Dual Motor vs. Competitors in Canada
How does the Rivian R1T Dual Motor compare to similar cars available in Canada?
Rivian
R1T Dual Motor
Base Price
$70K
Annual Cost in Canada
$21K
Ford
F-150
Base Price
$35K
Annual Cost in Canada
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in Canada
$8K
Toyota
Tacoma
Base Price
$30K
Annual Cost in Canada
$8K
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 = 44% 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 R1T Dual Motor in Canada — Frequently Asked Questions
Common questions about owning a Rivian R1T Dual Motor in Canada.
The 2024 Rivian R1T Dual Motor has a base price of $70,000 USD. In Canada, after 6.1% import duty and 5% VAT, the total purchase price is approximately $77,984 USD (C$77,984 CAD).
Related Car Cost Pages
Rivian R1T Dual Motor in Other Countries
- 🇺🇸Rivian R1T Dual Motor in United States
- 🇬🇧Rivian R1T Dual Motor in United Kingdom
- 🇩🇪Rivian R1T Dual Motor in Germany
- 🇫🇷Rivian R1T Dual Motor in France
- 🇯🇵Rivian R1T Dual Motor in Japan
- 🇦🇺Rivian R1T Dual Motor in Australia
- 🇳🇴Rivian R1T Dual Motor in Norway
- 🇸🇪Rivian R1T Dual Motor in Sweden
- View all 50 countries →