Fisker Karma Resale Values Plummet
While American electric car maker Fisker is still treading through some rough waters, owners of Karma models are now watching their vehicles’ resale value take a huge tumble.
Owners of Fisker Karmas are having trouble unloading their vehicles on the used car market, with some not even getting bids over $50,000 on eBay. Recently, a dealer with the Fields Auto Group in Chicago got a top bid of $45,100 for a used Karma – it didn’t even meet the reserve. Compare that with the selling price of over $100,000 and the Karma is looking like the new Delorean.
SEE ALSO: Tesla Model S Resale Value to be Industry’s Best, Says CEO Musk
What’s worse is that Tesla, Fisker’s main American competitor, is promising that its Model S will have the best resale value in the industry. The bigger question is really who wants a used Karma in today’s market? The company itself isn’t sure which direction it’ll be heading in, if any at all.
[Source: NBC News]
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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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