Fisker launches a Financing platform after the controversial non-refundable deposit

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

Fisker announced on Thursday a new digital Financing Platform that offers convenient loan purchase options to its customers. The EV maker also reaffirmed Chase and Santander Consumer Finance financing partners for retail clients in the U.S. and Europe, respectively.

On July 1, the company began offering early reservation holders in some markets the opportunity to secure a Fisker Ocean One by committing to a $5,000 non-refundable deposit. Considering that the company is still four months away from producing the first unit and that there were no test-drives opportunities so far, the decision was seen as controversial.

On his Instagram account, the CEO Henrik Fisker commented the controversial decision saying “the $5k down, means you have a firm order, where we can plan the build with your color & trim choice”.

“Your Ocean ONE will come with a specific number assigned & over $5K of included options. If you can’t afford the Ocean ONE or reserved later, you can keep your place on the reservation list and wait for the other versions coming later next year,” he added.

BE THE FIRST ONE TO GET THE NEWS

On Wednesday, Fisker CEO commented via Instagram, “Invites for limited edition Fisker Ocean ONE has gone out, where U can be part of the first 5000 exclusive Oceans. Thanks for all the orders coming in. The $5k down, means you have a firm order, where we can plan the build with your color & trim choice. Your Ocean ONE will come with a specific number assigned & over $5K of included options. If you can’t afford the Ocean ONE or reserved later, you can keep your place on the reservation list and wait for the other versions coming later next year. Extreme will start production first along side ONE, the Ultra & Sport will start production end of Q3 next year…”.

Fisker’s platform will enable customers to “apply for vehicle financing, receiving competitive, personalized decisions, plus the ability to finance vehicle accessories such as home charging equipment and factory-installed accessories,” the company said.

“Fisker is a digital car company, first and foremost, focused on a seamless customer experience at every step. Providing finance options on our digital platform, including financing factory-installed options, is part of providing our customers with a completely hassle-free experience respectful of their time,” says Fisker Chairman and CEO Henrik Fisker. “We also aim to provide insurance on our digital platform as we designed and engineered the Fisker Ocean with affordable premiums in mind. The Fisker Ocean One will stand out with all its unique standard options and features.”

Recently, the CEO announced that the company will ship three vehicles to the United States for the Advanced Driver Assistance System (ADAS) tests while confirming the start of the production for November 17 at the Austrian facility located in Graz.

The five-passenger Fisker Ocean Sport features a range of 250 mile (U.S.) with a starting price of $37,499 in the US. The top trim Fisker Ocean Extreme travels 350 miles (U.S.) on a single charge with dual motor all-wheel-drive and three driving modes.

Recently, the EV maker announced that has surpassed 50,000 reservations for its first model Fisker Ocean and 3,200 for the Pear model. The production for the second model is expected to begin in 2024 and prototype testing is slated for late 2022. Fisker added that the PEAR model will be “fully revealed in the second half of 2023 and enter production at a plant in 2024. “With development well underway, prototype testing is expected to begin at the end of 2022,” the company stated.

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

BE THE FIRST ONE TO GET THE NEWS