Central NJ Yimby: $14,000 seems like quite a lot for a car that may be unserviceable. Would you be able to get insurance for it?

Looks like bankruptcy court has established the ceiling price for Fisker Oceans at $14,000, right in line with my prediction that it wouldn't exceed the teens. Meanwhile the no reserve Bring A Trailer auction has hit $5,000. The base MSRP for these cars was supposed to be $38,999.

very curious to find out what people will pay for a low-mileage EV from a bankrupt startup! current bid is a saucy $2,000 and considering you can get a used Tesla or Polestar from Hertz in the 20s I'm guessing this Fisker never leaves the teens

$14,000 seems like quite a lot for a car that may be unserviceable. Would you be able to get insurance for it?

This would be a bulk sale to a leasing company planning to use them for Uber/lyft operations. So my guess is their plan is to run them into the ground, rebuilding/fixing them with parts from some damaged ones in the sale/inoperative ones that occur as time marches on. insideevs.com/news/725340/...

Fisker Hopes To Sell Remaining Ocean SUVs For $2,500-$16,500 Each In Bulk Dealinsideevs.com A leasing firm has agreed to buy around 3,000 Fisker Oceans for up to $46.25 million.

That actually totally makes sense. And they are quite nice cars! So, potentially a good use.

I wouldn't bet on it! Like I said, that is the absolute ceiling price. I wouldn't even consider spending more than $5k at the absolute most on one of these.

I think you have to assume that as soon as anything goes wrong with it, it's a write-off. Probably no parts available, and very few people willing to do work on them. Will you get a year of service out of it? Probably. So, possibly worth $5,000, max.

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