"Fisker Slashes Ocean SUV Price by 69% Amid Financial Struggles"

1 min read
Source: Jalopnik
"Fisker Slashes Ocean SUV Price by 69% Amid Financial Struggles"
Photo: Jalopnik
TL;DR

Edmunds purchased a Fisker Ocean for $69,012 and found that its value depreciated by 69 percent to just $21,000 after only two months and 4,220 miles. The rapid depreciation, attributed to Fisker's financial troubles and software issues, far exceeds typical rates, making it unwise to buy a new Ocean at this time.

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