Fisker Ocean EVs with low miles are selling for less than $25,000

Bottom line: Buying a new vehicle is always a risky proposition, but pulling the trigger on a used EV from a bankrupt manufacturer is akin to playing Russian roulette. If you are willing to take a chance, however, there are some incredible deals to be had on gently used Fisker Oceans right now.

A quick search of the SUV over on Cars.com surfaced more than 150 vehicles for sale with a handful priced under $23,000. These are not high mileage examples, either. This 2023 Fisker Ocean Ultra with just 1,024 miles on the odometer is practically brand new at $22,990, and this Fisker Ocean One in a matte finish for $23,500 has less than 5,000 miles on the clock. A top-of-the-line Extreme model with 50 miles can be had for $29,990.

There are dozens under $30,000, and keep in mind that this is just one of several sources.

Deals like these do not materialize very often, especially on models that initially retailed for over $60,000. Of course, you would be taking on substantial risk considering Fisker filed for bankruptcy protection a few months back and is in the process of liquidation.

What does that mean as a potential buyer? For starters, Fisker only made around 11,000 Ocean SUVs so they're already quite rate. In other words, finding replacement parts when something gives out is going to be a major challenge. The situation is reportedly so bad that insurance companies have been totaling Ocean SUVs because body shops can't get their hands on ordinarily common parts.

EVs are also an entirely different beast compared to internal combustion engines, which could make at-home drivetrain repairs tricky – even for experienced ICE mechanics.

Still, if you understand what you're getting into and are willing to accept the risks, a heavily discounted Fisker Ocean could make sense in the right situation. Up for grabs are premium SUVs with stylish looks that are almost brand new, and the upper-tier models have enough range to quell most concerns.