Resale Values on Fisker Pummeled By Uncertain Future

Aside from its notoriety of being bought by pop musician Justin Bieber, and the many well-documented issues with its quality, reliability and workmanship, the Fisker Karma was noted for its sleek, dramatic, low-slung styling penned by its eponymous designer Henrik Fisker, of Aston Martin and BMW fame. But star power couldn't save the star-crossed company from hard times, with poor reviews, inconsistent quality, and ultimately a cash shortfall bringing the startup automaker to the uncertain state it currently finds itself.

In a story for NBC News, veteran auto industry reporter and analyst Phil LeBeau documents prices for the Fisker Karma at sometimes less than half as much as the vehicle's $103,000 price when new. A dealer in suburban Chicago put a Karma on eBay that got a top bid of just $45,100 before the listing was pulled because the reserve was not met. However, the same dealer recently sold a Karma for almost $60,000, indicating there is a market for the cars among some buyers, attracted by its dramatic, unique styling and eco-friendly drivetrain.

Although similar in size and price to the Tesla Model S, the Karma's tight interior, unrefined engine (when in charge-sustaining mode) and spotty quality never quite earned it the same legitimacy and positive reception the Tesla received.

Source: NBC News

"unrefined engine" as opposed to Tesla's non-existing engine? The Karma is the only solid EV concept that could have been an American success, the first new concept to create a following around the world. The next lower-priced Fisker car would have been where the tesla is now, if timing and finances had come together better, but Sandy-the-storm killing 337 cars without insurance, the US government being slow with approvals, and the battery manufacturer going bankrupt - maybe all this could have been helped if not for the US government shutting down the loans and the US car press slaughtering this car in the most unfair ways. The Karma is a CAR with no range-anxiety, not a long-range golf cart - and quality-wise it grew up, the Porsche/lotus factory in Finland got it right at the end, the cars are the most gorgeous to drive, so it was close. What a pity for the American car industry - the Karma is unique and VERY well thought out, it drives beautifully and has an incredible design appeal. Somebody go save them !!! Quick !!!

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