Given today’s price increase and content changes, who dropped their reservation? I am holding mine a few days to see if they come to their senses (doubt it), but I’m out if they keep the new prices. My configuration went from $82600 to $97200!!!
Glad I made that Silverado reservation “just in case”.
I reserved the Silverado as a backup. I really to buy the R1T unless they a) cancelled the max pack or b) had a huge price increase (I think $15k qualifies as huge). I was prepared for an increase. As long as it was less than $5-7.5k I was still going to go through with it.Same boat. I had the R1S reserved, and I was holding out for the Max Pack to be announced. The new price increase brought me from 83K to 98K, BEFORE the 16K max pack upgrade.
But, I also have a Silverado reservation, it was basically a race to see who could get me a vehicle first. But...at that price point, I'll wait until I can order a mid-level Silverado. Bonus: I'll be able to back up my house with it...Rivian wasn't even offering that.
That seems to be the sentiment from a lot of Rivian order holders I've seen online. They're falling back to another order they have, whether it's a Silverado, Lightning, Hummer, Cybertruck etc. It just keeps getting worse for Rivian.Given today’s price increase and content changes, who dropped their reservation? I am holding mine a few days to see if they come to their senses (doubt it), but I’m out if they keep the new prices. My configuration went from $82600 to $97200!!!
Glad I made that Silverado reservation “just in case”.
It does seem to be the beginning of some dark days. I still love the truck, but am not happy with the company.That seems to be the sentiment from a lot of Rivian order holders I've seen online. They're falling back to another order they have, whether it's a Silverado, Lightning, Hummer, Cybertruck etc. It just keeps getting worse for Rivian.
I don't know if anyone will be able to calculate this but it would be interesting to see 1) how many people actually cancelled their orders over the past couple of days because of the price increase and then 2) How many of those people decided to go back and redo their order with the original pricing.My my how quickly things change. Today Rivian walked back the price increase for existing preorder holders (as of March 1 2022). They are honoring the original prices. I will keep both my R1T and Silverado reservations. This doesn't mean the Rivian is off the table for me, but where it was a sure thing before, now I have some hesitations. How will they treat us after they have our $80k? What will they do to retain customers? What tricks might they try with OTA updates and connected services?
It's for sure a step in the right direction, just have to see how they act from here on out. They must have lost a ton of reservations (they are also saying they will restore your reservation if you did cancel, with original pricing, and delivery timeframe). One bonus is anyone that does buy the truck basically has $12-20k instant equity on the day you take delivery. You can probably drive it for several years and not lose a penny on your purchase price because anyone that orders from here out is paying so much more.
Calling it now, I predict at least 10% of the folks that cancelled won't end up reinstating their order.I don't know if anyone will be able to calculate this but it would be interesting to see 1) how many people actually cancelled their orders over the past couple of days because of the price increase and then 2) How many of those people decided to go back and redo their order with the original pricing.
I'd say that's a pretty good guess. There are still probably another 10-20% who are cautiously watching for further signs that they are trying to regain trust. (I would place myself in that group.) They need to have much better communication with reservation holders (which I think they have been hesitant to give any bad news for fear of scaring investors). That would be a good start. Disclosing subscription costs, and possibly offering discounts or freebies for early reservation holders would be another way to do so. Also need to be less secretive about their charging network. Plans to "build 600 stations by the end of 2023" and a generic map aren't good enough. Tell us where they will be so we can make sure they fit our trip planning. I know there are several trips I have planned that if the map is accurate, I could probably go with the 300 mile range truck instead of the 400. That would save me $10k by doing so, but I might still keep the bigger battery and know I have better piece of mind that I would have more options than just the current chargers (EA, EVgo, etc) and hopefully have a better chance of an available charger with RAN due to less vehicles using them.Calling it now, I predict at least 10% of the folks that cancelled won't end up reinstating their order.
I was going to reserve the rivian as well, but the price increase was a BIG slap in the faceGiven today’s price increase and content changes, who dropped their reservation? I am holding mine a few days to see if they come to their senses (doubt it), but I’m out if they keep the new prices. My configuration went from $82600 to $97200!!!
Glad I made that Silverado reservation “just in case”.
I was going to reserve one as well, but the increase was a BIG slap in the face. I'm now looking at the Silverado.Calling it now, I predict at least 10% of the folks that cancelled won't end up reinstating their order.
