2023 Rivian R1T StandardTrue Cost of Ownership in Australia
500 hp all-electric. Full cost breakdown including import duty (5%), VAT (10%), insurance, fuel at A$1.3/L, maintenance, and depreciation.
Purchase Price
$79K
Base: $68K
Annual Total
$24K
Insurance + fuel + maintenance
Import Duty
$3K
5% of base price
VAT
$7K
10% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$198K
Purchase + 5yr running costs
2023 Rivian R1T Standard — Full Cost Breakdown in Australia
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $68K |
| Import Duty (5%) | $3K |
| VAT / Sales Tax (10%) | $7K |
| Total Purchase Price | $79K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $2K |
| Annual Depreciation | $19K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $24K |
| 5-Year Total Cost of Ownership | $198K |
| Cost Per Kilometer | $1.596 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Rivian R1T Standard Fuel Cost Calculator — Australia
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Rivian R1T Standard runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Australia.
$0 Fuel Cost
Electric vehicle — no gasoline required
Rivian R1T Standard Depreciation Curve
The Rivian R1T Standard loses approximately $39K (57%) of its value over 5 years.
Year-by-Year Value
| New | $68K | 100% |
| Year 1 | $49K | 72% |
| Year 2 | $42K | 62% |
| Year 3 | $37K | 54% |
| Year 4 | $33K | 48% |
| Year 5 | $29K | 43% |
Depreciation based on electric segment averages.
Rivian R1T Standard vs. Competitors in Australia
How does the Rivian R1T Standard compare to similar cars available in Australia?
Rivian
R1T Standard
Base Price
$68K
Annual Cost in Australia
$24K
Tesla
Model 3
Base Price
$42K
Annual Cost in Australia
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Australia
$5K
BMW
i4
Base Price
$56K
Annual Cost in Australia
$8K
Annual costs estimated for Australia market. Import duty (5%) and VAT (10%) applied to all models.
🇦🇺 Owning a Car in Australia
Long distances increase fuel costs.
Expensive for Australia
Annual car costs = 46% of average Australia income ($52K/yr)
Average Annual Income
$52K
In Australia
Fuel Price
A$1.30/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
5%
On vehicle value
VAT / Sales Tax
10%
Applied at purchase
Driving Side
Left-hand
Oceania
Popular Car Brands in Australia
Rivian R1T Standard in Australia — Frequently Asked Questions
Common questions about owning a Rivian R1T Standard in Australia.
The 2023 Rivian R1T Standard has a base price of $68,000 USD. In Australia, after 5% import duty and 10% VAT, the total purchase price is approximately $78,540 USD (A$78,540 AUD).