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Discussion Starter · #1 ·
We have 10k miles on our EcoSport and are looking to sell or trade it in on something very soon. What can I expect for resale values now?

The car is silver will full leather.

Thanks!
 

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ffCars your worst fears about resale value are coming true because Fisker and us owners and investors are no match for the gods at Consumer Reports. They deemed us all not worthy and they're just a few conservative bums in a warehouse in New Jersey.

I want to be reborn as a journalist go out and trash electric car companies and short their stock. Destruction is so much easier than creation.

But anyhow, wake up to real life. We gambled on something new and different and, despite our monetary losses, should still try to enjoy what was created for us.

Best way to lose money is to sell during a stock (or bankruptcy) panic when emotions are at their worst.
 

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We have 10k miles on our EcoSport and are looking to sell or trade it in on something very soon. What can I expect for resale values now?

The car is silver will full leather.

Thanks!
SoCal is offering 32k?..:angel:
 

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What would you want for your car? I am a cash buyer at the right price. 32k is a complete insult. I will give you 50k no questions asked. I love my fisker and will buy any fisker I can get for 50k-60k. I also have some overseas contacts who are wanting any fiskers they can get!!
 

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Two recent listings on eBay got bid up to $71K/$70K but did not sell because the Reserve price was not met.
 

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If anyone in Europe wants to sell their car that's in normal wear and tear condition, I am interested to purchase @ 50 k usd.
 

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My sense is there will be some owners "dumping" their Karmas if FA goes bankrupt as quickly as possible and that there will be some great, "fire" sales (pun intended)... if/when that happens, I'll happily pick up a Karma or two at the right price (always wanted to have one in NYC anyway... but definitely don't "need" one).
 

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A buddy of mine and I are thinking of doing the same. If we could snap another one up for <$50k, we just might do it. Purely as a speculative investment.

Heck, look at the BMW Z8 that Henrik designed. That thing sells for more than it stickered 10-12 years ago. The Karma is far more rare, beautiful and interesting.
 

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Karma's are so SUPER COLD right now. Nobody wants them. Seller's asking over $60K are in for a shock. Dealer don't even want them on a trade, that is how bad it got. They will only take it for $30-$40K (almost free).
I think $50K cash offer from anyone is the best you can get now and you should jump on it ASAP before it gets even worst.
It's SAD but it's the TRUTH.
 

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A buddy of mine and I are thinking of doing the same. If we could snap another one up for <$50k, we just might do it. Purely as a speculative investment.

Heck, look at the BMW Z8 that Henrik designed. That thing sells for more than it stickered 10-12 years ago. The Karma is far more rare, beautiful and interesting.
...but we can still get service for it ...

could you all please stop throwing number in?!?!
it is really destructive...



Stefan
 

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Does anyone remember the Cadillac Allante selling for $55,000.00 in 1987?! Why does someone spend $200.00 on a bottle of wine? $300.00 on a bottle of scotch. $25.00 on a cigar? $100,000.00 on a work of art? obviously all these things are to enjoy... $100,000.00 for a car? I did not purchase the Karma for investment. I personally purchased it to enjoy! Currently, with 5K miles, trips to from San Diego to L.A., Las Vegas, Laguna Beach, driving my daughter to school, ballet, dinners out with my wife, etc. WOW! I would do it all over again. Best $100K I ever spent. If I couldn't GIVE the car away later at some point I would still be happy! Look at all the obscure car clubs out there! When folks are PASSIONATE about something as MANY Fisker owners are... these cars will be on the road a LONG TIME no matter the fate of Fisker Corp.!
 

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...but we can still get service for it ...

could you all please stop throwing number in?!?!
it is really destructive...



Stefan
No. I don't see the harm in sharing an opinion that is relevant to the thread.

Let the market decide what they're worth. I'm an owner and will be impacted like everyone else. All I am saying is that below $50k, it would be very attractive to me. I would be happy to buy another to hold onto while I pile the miles on my first one.
 

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If cars.com is to be believed, new Karmas are still selling. It seems to be at the rate of one every few days or so.
 

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Karma's are so SUPER COLD right now. Nobody wants them. Seller's asking over $60K are in for a shock. Dealer don't even want them on a trade, that is how bad it got. They will only take it for $30-$40K (almost free).
I think $50K cash offer from anyone is the best you can get now and you should jump on it ASAP before it gets even worst.
It's SAD but it's the TRUTH.
WOJO, nothing you just said is "TRUTH". I suggest it is just YOUR truth that you are telling yourself so you can believe you made the right decision months ago. How ridiculous is your statement "Nobody wants them"? Trust me, lots of people want them. And, to suggest people jump on a $50K cash offer is irresponsible. Why do you want people that are scared right now believe you and loose money?
How much research did you do before you just made all those statements? What are the average trade in value in California right now? Can you tell me?
 

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WOJO, nothing you just said is "TRUTH". I suggest it is just YOUR truth that you are telling yourself so you can believe you made the right decision months ago. How ridiculous is your statement "Nobody wants them"? Trust me, lots of people want them. And, to suggest people jump on a $50K cash offer is irresponsible. Why do you want people that are scared right now believe you and loose money?
How much research did you do before you just made all those statements? What are the average trade in value in California right now? Can you tell me?
@Sigurd: No need to be hard on @Wojo. Trying to take advantage of the stampeding sheep psyche of weak-willed people when they panic is a venerable bastion of capitalism, often expressed as the Maxim: When there is blood on the streets, it's time to buy.

Ultimately, it is the market that sets the price on anything that is subject to the bid-ask process and no one can dictate a price, one way or another.
 

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Discussion Starter · #18 ·
@Sigurd: No need to be hard on @Wojo. Trying to take advantage of the stampeding sheep psyche of weak-willed people when they panic is a venerable bastion of capitalism, often expressed as the Maxim: When there is blood on the streets, it's time to buy.

Ultimately, it is the market that sets the price on anything that is subject to the bid-ask process and no one can dictate a price, one way or another.
Exactly who are you calling "weak willed"?
 

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Exactly who are you calling "weak willed"?
I am not calling anyone anything. This is the view of folks like William Ackerman who research the effect of human psychology on investing. Here is just one example:

Generally it makes sense to be a buyer when everyone else is selling and probably be a seller when everyone else is buying, but just human tendencies, the tendency of the natural lemming-like tendency when everyone else is selling you want to be doing the same thing encourages you as an investor to make mistakes, so a lot of people sold into the crash of ’87 when in fact they should have been a buyer in that kind of environment.
Link to source.

It takes great strength of will to oppose the surge of the crowd in any situation. Most of us, by definition, don't have that strength, otherwise there would be no surge to oppose.

The same dynamic seems to be at work here at smaller scale. People are panic-selling a car that they admit is working just fine for their needs in the face of uncertainty.
 

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Discussion Starter · #20 ·
ffCars your worst fears about resale value are coming true because Fisker and us owners and investors are no match for the gods at Consumer Reports. They deemed us all not worthy and they're just a few conservative bums in a warehouse in New Jersey.

I want to be reborn as a journalist go out and trash electric car companies and short their stock. Destruction is so much easier than creation.

But anyhow, wake up to real life. We gambled on something new and different and, despite our monetary losses, should still try to enjoy what was created for us.

Best way to lose money is to sell during a stock (or bankruptcy) panic when emotions are at their worst.
I wasn't asking for a lecture. I asked what these cars are selling for?

No where in my post did I ask for anyone too tell me why I shouldn't sell our karma.

But in case you're wondering, my wife just called and is stuck in a parking lot with my 5 and 7 year old kids because the dash and command center went black. She has no control over the car she relies on to haul our kids to and from school. Now that may seem exciting and acceptable to some, but it is not for us.

I would be happy to deal with these inconveniences, but without a company to stand behind this car it might turn into a 5000 lb paperweight. And a paperweight won't haul my kids to school.
 
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