Witness the spectacle. Just a week ago, an exceedingly rare 2023 Fisker Ocean One took the stage on Cars & Bids. While the Ocean is set for a full production run, only 5,000 Ocean Ones will be available, making it a highly coveted gem. However, doubts were cast upon whether the demand existed for another electric crossover from a relatively unknown automaker. Would bidders be willing to take the gamble and offer substantial sums to secure a Fisker Ocean One? The answer, it seems, is a resounding no.
The auction ended today, reaching a high bid of $65,000. Unfortunately, it fell short of the reserve price and the car did not sell. Alas, it seems flipping a Fisker is not a lucrative endeavor. Unlike Rivian, Fisker lacks the brand recognition that increases resale value. Furthermore, there are plenty of other electric crossovers available for a similar price, making it a wise choice to explore other options instead of overspending on a Fisker Ocean One.
The seller’s reluctance to disclose the reason behind selling the vehicle added another layer of mystery. With 1,700 miles already on the odometer, it was evident that the seller didn’t immediately decide to profit from the car upon delivery. It’s possible that the Ocean One didn’t meet their requirements or they underestimated the challenges of owning an electric car without home charging capabilities. These reasons are understandable for selling soon after purchase.
Alternatively, the seller may have grown impatient, purchased a different vehicle, and instead of canceling their order and losing the non-refundable $5,000 deposit, decided to take delivery and attempt to recoup their investment through resale. However, it remains perplexing why they racked up 1,700 miles before putting the car up for auction. Regardless of the seller’s motivations, it’s refreshing to see buyers refuse to pay above the original price for a used vehicle, even if it’s a rare find like the Fisker Ocean One.
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