Karma News: Prices Of Used Fisker Karmas Are Tumbling

[William Maley]

By William Maley

Staff Writer - CheersandGears.com

May 20, 2013

There is always the risk of buying into a new, fledgling automaker since they may be here one moment and gone the next. Such is the case in point with Fisker Automotive and owners are selling their vehicles at prices that will make you do a double take.

A recent search on eBay saw the average price of twenty-five Fisker Karmas up for bid hovering around the $60 to $70k mark. There were a couple that were around $50,000 mark.

"Anybody who wanted this car before because it was knock-down gorgeous, but couldn't afford it, well now they can afford it," said Bill Michlin, a dealer with the Fields Auto Group in Glencoe, Il. "The car is a pleasure to drive, it has horsepower beyond belief for an electric vehicle and it's so fun and so gorgeous. And now it's available."

So why are people getting rid of their Karmas? Well with Fisker's future uncertain thanks to bankruptcy, there comes the question of availability of parts and service down the road.

But who knows, maybe many of these new owners will turn to VL Productions to add a V8 engine...

Source: NBC News

William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.

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[David]

Did anyone not think this would happen? I might be willing to pick one up when they hit 30K.

[Carguy]

Buy them at their cheapest and then call Bob Lutz!!

[ocnblu]

A fool and his money are soon parted.

[GMTruckGuy74]

I'm sorry, ocnblu, I disagree with you on the Fisker Karma. I find it to be a beautifully styled car and would love to own one. I may not be an electric vehicle enthusiast, but the looks of the Karma are killer. I'd love to be able to drive one of these cars now.

[David]

They have become collectors items now and with the ability to have it converted to gas, it would be cool to still drive one.