A New York-based leasing firm, American Lease, stands to clinch a substantial deal amidst Fisker’s bankruptcy proceedings, according to recent filings. Fisker plans to sell its entire inventory of 3,231 Fisker Ocean units to American Lease for up to $46.25 million.
American Lease specializes in leasing vehicles to ride-share users, and the deal offers a wide pricing range per unit, from $2,500 to $16,500. This variance reflects the conditions of the vehicles, including damage and prior ownership, as reported by Car and Driver.
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Fisker’s filing details pricing tiers: vehicles with a Manufacturerâs Certificate of Origin (MCO) and in good working order are priced at $16,500 each, whereas damaged units are at the lower end, and those with prior titles slightly higher.
Despite the potential bargain, negotiations continue on the final acquisition price, capped at $46.25 million, a significant markdown from the original market prices ranging up to $70,000 before bankruptcy.
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The deal, however, poses risks for American Lease, as Fisker will not be liable for repairs or software updates beyond V2.1, nor honor warranties for the vehicles post-acquisition. Fisker commits to providing necessary software elements to maintain vehicle operability.
