If you want to fully realize the cost benefits of electric motors right now, the current oil crisis is a great time to own an all-electric pickup like the Rivian R1T. The EPA rates it as the most efficient EV pickup currently on the market and arrives at this conclusion by using a formula that converts the cost of charging it at home into a gas price equivalent. Based on this formula, the Rivian achieves an incredible 70 MPG with an estimated “fuel” cost of only $950 annually. This can be improved, of course, by using any publicly available free EV charging station.
As we found during our first drive review of the 2022 Rivian R1T, it is not only inexpensive to run, it’s a great pickup in its own right. The styling is head-turning without being unnecessarily outlandish, and it performs extremely well off-road. It is the complete package and definitely worth a look if you can stump for its $67,500 starting price before U.S. federal tax incentive.
As it is with every truck on our list today, the purchase of any vehicle should include consideration for the total cost of ownership over a period of years. While, the Rivian R1T might seem expensive up front, the fuel savings might end up bringing it back into your realm of overall affordability. As of March 17, 2022, the EPA estimates that the Rivian R1T costs $7,250 less in fuel over a five-year period compared to the average new vehicle.
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