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$22,500 New EV - Fisker PEAR, built by the maker of the iPhone $22500

$22,500.00
-18 Deal Score
8,274 Views
Car will come out in 2024, but will be revolutionary city car.
Price starts at $29,990, $22,500 with current tax credit.
17 in touch screen
360 degree digital imaging radar setup with cameras

It will be built in Ohio by Foxconn off the MIH platform.

This will probably be a very good flip opportunity.
Reservation cost is $250 for the first, $100 for the second. If you cancel the reservation, Fisker would keep $25 as an administration fee. They did this to reduce fake reservations.


https://www.fiskerinc.com/reserve
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Joined Nov 2013
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> bubble2 7,790 Posts
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WuyiL
05-12-2022 at 10:37 AM.
05-12-2022 at 10:37 AM.
You don't need to preoder and wait for 2 years. Here is a Chinese brand ready for you.
https://www.kandiamerica.com/
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Joined Nov 2010
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> bubble2 515 Posts
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sd8384
05-12-2022 at 10:51 AM.
05-12-2022 at 10:51 AM.
Quote from gealguy :
Appreciate the respones. This may be a great deal for early adopters.
Full Disclosure - I have a reservation for Fisker Ocean and have stock in the company too. I think the risk is relatively low with huge potential upside.

Happy to help.
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Joined Dec 2005
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> bubble2 1,051 Posts
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jcvu
05-12-2022 at 10:57 AM.
05-12-2022 at 10:57 AM.
It's a legal scam. Every single EV manufacturers do this (Lordstown, Workhorse, Lucid, Rivian, you name it) to make their company performance report looking good so they can get more investment money. If they can get enough money to spend on the operation, they might actually deliver the products, like Lucid and Rivian. If their plan fail, like Lordstown or Workhorse, you get your deposit back but the investors got burned. Even Tesla pulled the same trick in its early stage.
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Joined Sep 2012
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> bubble2 75 Posts
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overclockedpc
05-12-2022 at 11:27 AM.
05-12-2022 at 11:27 AM.
Quote from CalmWalrus5614 :
You can spend $25 to make the bet. EV makers know they have to lock pricing for early reservation holders after the meltdown with Rivian.

It's not locked. Fine print says "price subject to change".
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Joined Feb 2014
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> bubble2 65 Posts
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ViT3633
05-12-2022 at 11:33 AM.
05-12-2022 at 11:33 AM.
I wonder why they didn't call it LEMON lol
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Joined May 2022
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> bubble2 12 Posts
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Original Poster
CalmWalrus5614
05-12-2022 at 11:34 AM.
05-12-2022 at 11:34 AM.
If you are risk averse, then don't get a reservation. I believe the risk vs. reward balance on this is pretty favorable, but if you disagree, simply wait until more details are announced.
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> bubble2 515 Posts
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sd8384
05-12-2022 at 11:52 AM.
05-12-2022 at 11:52 AM.
Quote from jcvu :
It's a legal scam. Every single EV manufacturers do this (Lordstown, Workhorse, Lucid, Rivian, you name it) to make their company performance report looking good so they can get more investment money. If they can get enough money to spend on the operation, they might actually deliver the products, like Lucid and Rivian. If their plan fail, like Lordstown or Workhorse, you get your deposit back but the investors got burned. Even Tesla pulled the same trick in its early stage.
If company goes under, I don't think you don't your deposit back. They are using that money to power the company.
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Joined Jul 2020
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> bubble2 2,166 Posts
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ThirstyCruz
03-28-2024 at 02:05 PM.
03-28-2024 at 02:05 PM.
How did it work out for y'all? Get $25 back?
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Joined May 2004
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> bubble2 3,559 Posts
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abadan
03-28-2024 at 02:17 PM.
03-28-2024 at 02:17 PM.
Quote from jackp311 :
The last Fisker cars had a habit of spontaneous combustion.
Oh no, that is not good.
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Joined May 2004
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> bubble2 3,559 Posts
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abadan
03-28-2024 at 02:19 PM.
03-28-2024 at 02:19 PM.
Quote from CalmWalrus5614 :
If you are risk averse, then don't get a reservation. I believe the risk vs. reward balance on this is pretty favorable, but if you disagree, simply wait until more details are announced.
Thank you Henry, good advice.
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Joined Oct 2008
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> bubble2 1,508 Posts
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Smoke1234
03-28-2024 at 02:24 PM.
03-28-2024 at 02:24 PM.
My money is on BYD. This is a hard pass
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> bubble2 8 Posts
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Pigudo
03-28-2024 at 09:09 PM.
03-28-2024 at 09:09 PM.
Quote from gealguy :
Website says production begins in 2024.

My prediction: a few low quality models will be produced, vehicle gets horrible reviews, then company files for bankruptcy.

btw, foxconn may build Apple devices, but they do not design them.
Prescient
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Joined Sep 2010
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> bubble2 1,087 Posts
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dkd711
03-28-2024 at 09:25 PM.
03-28-2024 at 09:25 PM.
Quote from webdoctors :
In 2024 there's going to be so much EV competition its not worth betting on a new manufacturer. Even the stuff this year getting in stock by 2024 would be good enough.
I'm waiting for the next Gen5 Toyo Hybrids due out 2025 + It's going to be quite a leap forward. EV tech is laughable still.
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Mitman
> bubble2 172 Posts
mitch77
03-29-2024 at 12:11 AM.
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Last edited by mitch77 March 29, 2024 at 12:26 AM.
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