2023 Rivian R1T StandardTrue Cost of Ownership in United States
500 hp all-electric. Full cost breakdown including import duty (2.5%), VAT (0%), insurance, fuel at $0.95/L, maintenance, and depreciation.
Purchase Price
$70K
Base: $68K
Annual Total
$23K
Insurance + fuel + maintenance
Import Duty
$2K
2.5% of base price
VAT
$0
0% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$185K
Purchase + 5yr running costs
2023 Rivian R1T Standard — Full Cost Breakdown in United States
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $68K |
| Import Duty (2.5%) | $2K |
| VAT / Sales Tax (0%) | $0 |
| Total Purchase Price | $70K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $2K |
| Annual Depreciation | $19K |
| Registration & Road Tax | $450 |
| Total Annual Running Cost | $23K |
| 5-Year Total Cost of Ownership | $185K |
| Cost Per Kilometer | $1.535 |
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 — United States
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 United States.
$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 United States
How does the Rivian R1T Standard compare to similar cars available in United States?
Rivian
R1T Standard
Base Price
$68K
Annual Cost in United States
$23K
Tesla
Model 3
Base Price
$42K
Annual Cost in United States
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in United States
$5K
BMW
i4
Base Price
$56K
Annual Cost in United States
$8K
Annual costs estimated for United States market. Import duty (2.5%) and VAT (0%) applied to all models.
🇺🇸 Owning a Car in United States
Cheapest fuel among developed nations. No federal VAT.
Moderate for United States
Annual car costs = 39% of average United States income ($59K/yr)
Average Annual Income
$59K
In United States
Fuel Price
$0.95/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
2.5%
On vehicle value
VAT / Sales Tax
0%
Applied at purchase
Driving Side
Right-hand
North America
Popular Car Brands in United States
Rivian R1T Standard in United States — Frequently Asked Questions
Common questions about owning a Rivian R1T Standard in United States.
The 2023 Rivian R1T Standard has a base price of $68,000 USD. In United States, after 2.5% import duty and 0% VAT, the total purchase price is approximately $69,700 USD ($69,700 USD).