Though it was once one of the most sought-after cars in the world and commanded a six-figure MSRP, the want and value of the Fisker Karma plummeted.
Browsing the "Fisker Karma cost" Tag
Why did Fisker Automotive fail? There are plenty of reasons, though newly revealed internal documents reveal the biggest reason of all. The only product Fisker sold, the Karma sedan, cost the company $35,000 more than they sold it for. Add to that lavish spending by executives and costly engineering mistakes, and you have a company that was doomed to fail from the beginning.
The not-quite-bankrupt Fisker Automotive is struggling to stay afloat, and affluent buyers of the beautiful plug-in hybrid know it. While hundreds of lining up for a supercharged V8 conversion, other owners are divesting themselves of their Fiskers on the used car market, taking a huge financial hit in the process.
With a $100,000 price tag, the Fisker Karma is one of the more expensive options when it comes to buying a “green” car. But what if you could get a Fisker Karma for just $500? One lucky person will be granted that wish, and the odds will be in their favor.
2012 was not a good year for green car maker Fisker, makers of the Fisker Karma, and the news isn’t getting any better. A new report reveals that Fisker hasn’t built a car in six months, which is troubling in and of itself. Even worse though, Fisker claims this is no big deal, because they have a “sufficient supply” of Karma hybrids on hand. So why is that bad?
We all know somebody who seems to never catch a break. Sometimes their “bad luck” is merely a result of their own poor decisions. But sometimes, these people seem to get screwed by fate time and again, through no fault of their own. Fisker Automotive has made plenty of poor decisions, but this time it really seems like they’re getting screwed, as their insurance company is refusing to pay for $33 million worth of Karma hybrids destroyed by Hurricane Sandy.
2012 has not been a good year for Fisker, and the bad news just keeps coming. With the bankruptcy of its main battery supplier, A123 Systems, production of the Fisker Karma plug-in hybrid has been halted. Not good.
Fisker hasn’t had a great year, but the plug-in hybrid car company is chugging along and starting to build some serious cred as the green car of choice for the affluent. What started with a chrome Fisker Karma owned by Justin Bieber is snowballing into a display at the massive SEMA Show in Las Vegas, as well as a cameo role in the upcoming spy movie Paranoia.