Fisker cuts $24,000 off the price of its Ocean SUV in an attempt to stay alive
The most expensive Fisker Ocean is now cheaper than the average car.
Deep discounts come as the EV startup desperately tries to avoid bankruptcy.
Big price slashes can be very bad for resale values.
Fisker's pricey Ocean SUV just got a lot more affordable.
The embattled electric-vehicle startup said Tuesday it would reduce the price of the most expensive Ocean by nearly 40% to $37,499. That brings the price of the Ocean Extreme nearly $6,700 below the average price paid for any new vehicle this month.
Cheaper trims are also discounted, with the most affordable Ocean now selling for $24,999, Fisker said in a press release. That's a price point you can't often find on any new car lot these days