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Fisker, the once-promising EV maker that recently hit the skids and filed for bankruptcy, is making headlines again. And no, it’s not for a miraculous comeback. It’s because they’re selling their all-electric Ocean SUVs at jaw-droppingly low prices.

From Luxurious Dream to Bargain Basement

Remember when Fisker launched the Ocean SUV with all the fanfare and glitz, priced at a cool $70,000? It was supposed to be the next big thing in the EV market, a luxury electric SUV that could compete with the likes of Tesla and Rivian. But fast forward to today, and those same SUVs are being sold off for just $14,000 each. That’s right, you can now buy a Fisker Ocean for less than a used Honda Civic. How did we get here?

The Bankruptcy Bombshell

Fisker’s journey has been anything but smooth. Despite the initial hype, production and financial troubles plagued the company. Eventually, these issues snowballed into a full-blown bankruptcy filing. And with bankruptcy comes the inevitable liquidation of assets. In this case, it means a New York-based vehicle leasing company has swooped in, offering to buy up all 3,231 remaining units of the Ocean SUV for a total of $46.25 million. If you do the math, that’s a steal at $14,000 per vehicle.

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The Deal of the Century

So, who’s the lucky buyer? It’s a vehicle leasing company that primarily caters to ride-hail drivers in the bustling streets of New York City. This company sees a golden opportunity to add a fleet of electric SUVs to their lineup at a fraction of the original cost. But there’s a catch. They’ve agreed to wait until all the open recalls on the Fisker Ocean are addressed before putting these bad boys to work.

The Nitty-Gritty Details

The deal isn’t just a flat rate for all vehicles. Here’s the breakdown:

  • Ready-for-sale models: These pristine units are going for $16,500 each. Not bad for an electric SUV that originally cost $70,000!
  • Previously-titled vehicles: These are the ones that have been driven a bit, and they’re priced at $3,200 each. Still a bargain!
  • Damaged vehicles: Even the banged-up ones have a buyer, with a price tag of $2,500 each.

And here’s the kicker: the leasing company can’t resell these vehicles for the first 12 months. So, if you were hoping to snag one of these bargain-priced EVs, you’ll have to wait a bit.

The Ride-Hail Revolution

Why is this leasing company so interested in Fisker’s Ocean SUVs? It’s simple. The ride-hail industry in New York City is booming, and there’s a growing demand for electric vehicles. By adding these Ocean SUVs to their fleet, the leasing company can offer an eco-friendly option to ride-hail drivers, who can then offer greener rides to their passengers. Plus, the lower maintenance costs of EVs are a big win for ride-hail drivers who clock in tons of miles every day.

What This Means for You

Alright, let’s talk about what all this means for the average Joe or Jane. If you’re in the market for an EV, this could be a game-changer. Once these vehicles hit the market (after that pesky 12-month hold period), you might be able to get your hands on a Fisker Ocean for a fraction of its original price. Imagine driving a luxury electric SUV for the price of a used sedan. It’s like Christmas came early!

The Future of Fisker

As for Fisker, this isn’t the end of the road. The company might be down, but they’re not out. There’s always the possibility of a comeback, especially in the fast-evolving world of electric vehicles. Who knows? We might see a new and improved Fisker vehicle hit the market in the future. Until then, we’ll just have to keep our eyes peeled and our wallets ready for the deals to come.

The Great EV Garage Sale

In the grand scheme of things, Fisker’s fire sale of their Ocean SUVs is a fascinating chapter in the ongoing saga of the electric vehicle revolution. It’s a reminder that the road to success in the auto industry is fraught with twists and turns, and sometimes, you can snag a luxury ride for the price of a used beater. So, buckle up and enjoy the ride, because the EV world is anything but predictable!

Conclusion

There you have it, folks. The story of Fisker’s rise, fall, and the bargain bonanza that followed. Whether you’re a ride-hail driver in New York City or just an EV enthusiast, this tale has something for everyone. Keep an eye out for those discounted Fisker Oceans, and who knows? You might just find yourself behind the wheel of a luxury electric SUV without breaking the bank. Happy hunting!

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