Electric vehicle maker Fisker has announced bankruptcy and is selling off its vehicles at discounted prices. The court approved the sale of 3,300 electric vehicles to American Lease LLC for $46.25 million.
Fisker bankruptcy
Judgment on sale
The court gave the green light to sell cars to Fisker, which recently declared its financial insolvency. According to Bloomberg, 3,300 Fisker electric vehicles will be sold to vehicle rental company American Lease LLC for a total of $46.25 million.
Prices for electric cars
Electric cars in good technical condition are priced at $16,500, while damaged vehicles cost $2,500. It is worth noting that previously the cost of the new flagship Fisker Ocean reached $70,000, and some customers managed to purchase it at this price.
The end of the era of clean mobility
The deal marks the end of an electric vehicle maker that has positioned its vehicles as "the future of clean mobility." However, production and supply delays hampered the successful launch of the company's flagship SUV, ultimately leading to the company filing for bankruptcy.
Terms of the deal with American Lease LLC
Under the terms of the agreement with American Lease LLC, Fisker is exempt from warranty repairs and service. There is no information on how or whether current Fisker owners' vehicles will be serviced. In addition, Fisker will provide American Lease with all necessary source code and other software elements and existing developments to operate the vehicles.
Problems with Ocean and attempts to save the company
The Ocean electric car, which entered the market last year, caused a lot of criticism from owners. Users have reported various software and mechanical issues. The company itself had problems with customer service. As a result, Fisker was able to sell only a few thousand cars, which were assembled by contract manufacturer Magna.
Fisker has been trying to stay afloat through several rounds of staff cuts and other cost-cutting measures. The company also changed its business model, moving away from direct sales to customers at the beginning of the year and trying to partner with established dealers. However, these efforts were not enough to save the company.
Glossary
- Fisker is an American electric vehicle manufacturer founded in 2016
- American Lease LLC is a car rental company
- Ocean is Fisker's flagship electric SUV
- Tesla - American manufacturer of electric vehicles and energy storage technologies
- Magna - Canadian company, contract manufacturer of automobiles
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Discussion of the topic – Fisker Electric Vehicle Sale: Unique Chance to Buy a Car for $2,500
Bankrupt company Fisker received permission to sell off 3,300 electric vehicles. The cheapest car is valued at only $2,500. The court approved the deal with American Lease LLC for a total amount of $46 million.
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Claudia
Wow, Fisker is selling their cars at bargain prices! 🤯 $16,500 for an electric car is almost nothing. I wonder if it makes sense to take a risk and buy such a car?
Hans
Claudia, I wouldn't recommend it. Without warranty and technical support, this could turn into a costly mistake. It is better to take a closer look at proven brands. Tesla, for example, although more expensive, is more reliable.
Pierre
I agree with Hans. Plus, if Fisker had quality issues, these machines could be a real pain. 🤕 It’s better to overpay a little, but get a reliable electric car with a guarantee.
Isabella
And I think this is a great opportunity for technology lovers and enthusiasts! 🔧 Imagine how much you can learn by understanding this machine. And the price is very tempting!
Viktor
Ugh, these electric cars again! The good old diesel is more reliable and simpler. There is no point in chasing fashion and throwing money away. All these newfangled things are a waste of time and money.
Sophia
Victor, times are changing! 🌿 Electric cars are the future, they are more environmentally friendly and more economical in the long run. And Fisker, despite bankruptcy, were pioneers in this area.
Juan
I wonder what will happen to those who already bought Fisker at full price? 🤔 I hope American Lease finds a way to support these cars. It would be great if they created a community of owners to share experiences.
Claudia
Juan, great idea! 👍 Maybe we should create a forum for Fisker owners? There you could share tips on maintenance and problem solving. Who knows, maybe something more will grow out of this!