Fisker Ocean Flipper Fails

You really do love to see it. A week ago, a 2023 Fisker Ocean One appeared on Cars & Bids. The Ocean will get a full production run, but there are only going to be 5,000 Ocean Ones, making this car relatively rare. But at the time, we questioned whether the demand was really there for yet another electric crossover from a new automaker that very few people have heard of. Would bidders really be willing to roll the dice and pay big bucks just to get their hands on a Fisker Ocean One? As it turns out, no, they were not.

The auction ended today, with a high bid of $65,000, but that wasn’t enough to meet the reserve, so the car didn’t sell. Womp, womp. But hey, at least we have proof that flipping a Fisker isn’t the best idea. It just doesn’t have the brand recognition that even Rivian had in the beginning. And while we don’t doubt that it’s nice to drive, there are plenty of other electric crossovers you can buy for $75,000 or whatever the reserve price was. That’s probably a smart move on Fisker’s part but not the flipper’s.

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