Bargain or burden? The truth about buying a Fisker Ocean

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Huge discounts make this electric SUV a tantalising deal, but there is a big risk in buying from a failed start-up

News that Fisker Group, the US electric car maker behind the Ocean SUV, has filed for Chapter 11 bankruptcy protection won’t have surprised many owners of its vehicles, who have been monitoring the company’s troubles in recent months. However, for those bold enough to seize the opportunity, this development opens up the prospect of bargains among the new and used examples available in the UK.

The cars have reasonably low mileage and come with a 12-month RAC warranty. For an Ocean Extreme 4WD Dual Motor 113kWh registered on a 2023/73-plate, with 1045 miles and costing £28,558, Stebbings is quoting a monthly PCP payment of £345 over 48 months and 60,000 miles, calculated on a £5000 deposit and a future value of £14,444. A drop in the Ocean A PCP is the safest way to finance an Ocean, given that it guarantees a vehicle’s future value.

 

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