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Discussion Starter · #1 ·
I just reserved, however, I am thinking about cancelling already.

I have reservations for Lucid Touring, and now the Fisker Ocean (ideally One, but likely Extreme). I will probably take whichever comes first. However, with Fisker not starting until November, and only producing 5,000 units per month with the first 5,000 being One trim. I don't see my reservation being converted to an order until second half of 2023 despite the intention to get the highest trim possible.

I have not been following the Fisker news closely, what is the likelihood of getting this car before 2024?
 

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Hey @wary, I think we all feel some form or another of your pain while we wait. There are a number of threads on here discussing the best guesses on delivery. MANY factors: will production start on schedule (seems so), are the supply chains behaving, where are you in the queue, how many reservations ahead of you will cancel, which model do you want (doesn't matter what configuration you saved), how many reservations ahead of you want a higher-end model (since they are mostly building those first), how fast can/will Magna ramp up production, will Fisker deliver to Europe first, how long a trip will it be from factory to your garage? ...and more factors, I am sure. Hang tight.

If you are ordering now, but getting an Extreme (good luck with the One at this point), I would guess a little later than @lukazojr guesses & say Autumn 2023 (Sept/Oct?). But that's just a guess. Read through some of those delivery date threads and make up your own mind. I'm sure you can find someone here to answer other questions you have and/or to debate when you'll get delivery. Welcome aboard!
 

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The orders for the Extreme will be filled first then Fisker will get to the Ultra and Sport. I'm also planning on an Extreme, and am hopeful that I'll have it by this time next year.
 

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Hey @wary, I think we all feel some form or another of your pain while we wait. There are a number of threads on here discussing the best guesses on delivery. MANY factors: will production start on schedule (seems so), are the supply chains behaving, where are you in the queue, how many reservations ahead of you will cancel, which model do you want (doesn't matter what configuration you saved), how many reservations ahead of you want a higher-end model (since they are mostly building those first), how fast can/will Magna ramp up production, will Fisker deliver to Europe first, how long a trip will it be from factory to your garage? ...and more factors, I am sure. Hang tight.

If you are ordering now, but getting an Extreme (good luck with the One at this point), I would guess a little later than @lukazojr guesses & say Autumn 2023 (Sept/Oct?). But that's just a guess. Read through some of those delivery date threads and make up your own mind. I'm sure you can find someone here to answer other questions you have and/or to debate when you'll get delivery. Welcome aboard!
Also remember production is in Austria which means a month at Sea for deliveries in the USA. Well maybe 3 weeks at sea so we are all waiting. I for one am really considering the Ocean but I am also hoping they will have an experience center a little closer to me than the Grove. Hoping one will show up in San Diego.
 

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Discussion Starter · #6 ·
Seems like it will be a while until early reservation holders in US will even get their order let alone those ordering post 40,000+ reservations. I may hold my reservation until Lucid reaches out, however, it doesn't look likely the Ocean will come any time before late 2023.
 

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It partially depends on your place in line. But choosing the One/Extreme will get you ahead of others if earlier reservation holders want the Ultra or Sport. So if someone reserves today at around 50k, they could get an Extreme by mid 2023. Of course this assumes that production will go as scheduled without delays.
 

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It partially depends on your place in line. But choosing the One/Extreme will get you ahead of others if earlier reservation holders want the Ultra or Sport. So if someone reserves today at around 50k, they could get an Extreme by mid 2023. Of course this assumes that production will go as scheduled without delays.
I understand why but everytime I read one of these posts it just makes me mad to think about the time I've been waiting and wasting just to possibly be passed by #50000 or who knows how many because they'll spend the money I'm not looking to.
 

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Is $250 so critical in your budget? Why cancel? Keep the deposit and put another deposit in another brand. I have four different EVs on order and already own a Model Y. It’s taking my VW ID.4 order over a year to be delivered to me. It’s going to be a long wait no matter what EV you choose if you want to get a new one, so keep your options open.
 

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I understand why but everytime I read one of these posts it just makes me mad to think about the time I've been waiting and wasting just to possibly be passed by #50000 or who knows how many because they'll spend the money I'm not looking to.
No one knows how it will pan out. When I heard Henrik speak about production he said something like: They will be building 5000 Ones, then moving to the Extreme. "Any additional production will be put into the Ultra and Sport with that priority order." Now this is all open to interpretation but the way I hear that is that some Ultras and maybe even Sports will get built in early 2023. Remember they are estimating they can make 10k units per month. If they can hit the ground running with that or even close to that, they could be through ALL current preorders by April or May 2023 (50k units - 10k per month starting with Dec). Now if they come out and say "We will not build any Ultras or Sports while we have Extreme orders" then that is a whole different ballgame. But they have not said that and that is not their intention as far as I understand it.
 

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No one knows how it will pan out. When I heard Henrik speak about production he said something like: They will be building 5000 Ones, then moving to the Extreme. "Any additional production will be put into the Ultra and Sport with that priority order." Now this is all open to interpretation but the way I hear that is that some Ultras and maybe even Sports will get built in early 2023. Remember they are estimating they can make 10k units per month. If they can hit the ground running with that or even close to that, they could be through ALL current preorders by April or May 2023 (50k units - 10k per month starting with Dec). Now if they come out and say "We will not build any Ultras or Sports while we have Extreme orders" then that is a whole different ballgame. But they have not said that and that is not their intention as far as I understand it.
That's another part of this problem...........it's not really clearly defined how production will go after the ONEs are built. That would be in their best interest to build some along the way, but with an almost $20K price differential between the Extreme and Ultra, if there's Extreme demand, I see them building all they can and making everyone else either wait, or pony up the extra funds to get a vehicle sooner.

Bottom line is nobody knows and there's a ton of speculation, but until we get definitive information it's anyone's guess.
 

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That's another part of this problem...........it's not really clearly defined how production will go after the ONEs are built. That would be in their best interest to build some along the way, but with an almost $20K price differential between the Extreme and Ultra, if there's Extreme demand, I see them building all they can and making everyone else either wait, or pony up the extra funds to get a vehicle sooner.

Bottom line is nobody knows and there's a ton of speculation, but until we get definitive information it's anyone's guess.
100% true. This is all speculation - which I guess is the point of these forums. I agree it would be in their best interest to get some of the more "affordable" trims in people hands to solidify the brand as something that can produce a high quality car below the average car price. One thing that may give you hope to see the lower trims sooner than later is their "alternative revenue sources". I personally have mixed feelings about this but look at it this way. You could buy a 70k Extreme with all the bells and whistles or you can buy a 50k Ultra and it will be the same configuration forever - you will never get any of those additional bells and whistles. Instead they will let you "upgrade" your 50k Ultra over time or when you want. Now all of a sudden your Ultra is somewhere in between an Extreme and an Ultra. And more importantly for Fisker, they got some additional income when you make those upgrades...
 

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Fisker is a corporation with shareholders and publicly traded shares. The #1 aim is to create value for the shareholders. For that, Fisker will need to turn profit as quickly as possible and as high a profit margin as possible. That’s all we need to know. As long as there is a demand for the top trim that consumes 100% of the production capabilities, 100% of the vehicles coming off the production line will be the top trim. It’s works like this with every non-legacy car manufacturer that produces EVs.
 

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Fisker is a corporation with shareholders and publicly traded shares. The #1 aim is to create value for the shareholders. For that, Fisker will need to turn profit as quickly as possible and as high a profit margin as possible. That’s all we need to know. As long as there is a demand for the top trim that consumes 100% of the production capabilities, 100% of the vehicles coming off the production line will be the top trim. It’s works like this with every non-legacy car manufacturer that produces EVs.
And that's fine, but they will also just push people away from the brand.......and they won't come back. I've got at least (1) reservation down........and might make another. Just depends on what I hear in the next couple of months.
 

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And that's fine, but they will also just push people away from the brand.......and they won't come back. I've got at least (1) reservation down........and might make another. Just depends on what I hear in the next couple of months.
There are hundreds of millions of EVs to be sold in the next 5-7 years. Most people who will be buying Fisker Ocean 3-4 years from now haven’t even heard of Fisker Ocean yet.

The couple thousand of those who made reservations a year ago and who won’t get their Oceans among the first deliveries are a drop in a sea of those who will be buying Fisker EVs in the future.

Henrik Fisker said that he is planning to capture the market share because, in his view, the drop-dead red line is 2025. He thinks that there won’t be any newcomers into the EV marketshare after 2025. Therefore, his goal is to ramp up production as quickly as possible. And for that, one needs to either turn a healthy profit to bankroll the expansion or borrow capital against the float of the shares. Either way, he needs to be selling the most expensive most profitable models for as long as he can before going downmarket. Otherwise, Fisker is not going to survive.
 

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There are hundreds of millions of EVs to be sold in the next 5-7 years. Most people who will be buying Fisker Ocean 3-4 years from now haven’t even heard of Fisker Ocean yet.

The couple thousand of those who made reservations a year ago and who won’t get their Oceans among the first deliveries are a drop in a sea of those who will be buying Fisker EVs in the future.

Henrik Fisker said that he is planning to capture the market share because, in his view, the drop-dead red line is 2025. He thinks that there won’t be any newcomers into the EV marketshare after 2025. Therefore, his goal is to ramp up production as quickly as possible. And for that, one needs to either turn a healthy profit to bankroll the expansion or borrow capital against the float of the shares. Either way, he needs to be selling the most expensive most profitable models for as long as he can before going downmarket. Otherwise, Fisker is not going to survive.
Well, I'm not concerned about the buyers 3-4 years from now. As an early adopter/supporter who placed a reservation in Nov '19 when there was only one trim, I like many others didn't expect to either get pushed out of line or swing another $20000. I'm looking to save money, not spend more to save a little.

It's also called 'brand loyalty'. There's a reason manufacturers have customers coming back vehicle after vehicle.

Here's an idea. For all those people that were early reservation holders that are getting pushed back for all the late arrivals that have money to burn, why not give them their choice of (1) free option upgrade with a value not to exceed 'x'? That would be some sort of incentive to keep customers around. If everything is already built into every vehicle and they just have to flip a digital toggle from INACTIVE to ACTIVE, it's not a big deal.

I mean people are already backing off the ONE over the matte paint.

I hope FISKER does succeed this time and becomes more known than they are right now, but word of mouth advertising for a company this size is extremely important early on.

I'm hoping we hear some confirmed information on something soon, but we need 'real' information to make decisions.
 

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Well, I'm not concerned about the buyers 3-4 years from now. As an early adopter/supporter who placed a reservation in Nov '19 when there was only one trim, I like many others didn't expect to either get pushed out of line or swing another $20000. I'm looking to save money, not spend more to save a little.

It's also called 'brand loyalty'. There's a reason manufacturers have customers coming back vehicle after vehicle.

Here's an idea. For all those people that were early reservation holders that are getting pushed back for all the late arrivals that have money to burn, why not give them their choice of (1) free option upgrade with a value not to exceed 'x'? That would be some sort of incentive to keep customers around. If everything is already built into every vehicle and they just have to flip a digital toggle from INACTIVE to ACTIVE, it's not a big deal.

I mean people are already backing off the ONE over the matte paint.

I hope FISKER does succeed this time and becomes more known than they are right now, but word of mouth advertising for a company this size is extremely important early on.

I'm hoping we hear some confirmed information on something soon, but we need 'real' information to make decisions.
With all due respect and understanding, there won’t be a lack of customers for Fisker Ocean. Instead, there will be a year-long waiting list, as they exist on every new EV today except maybe on the Leaf and on the Bolt. Fisker doesn’t have to worry about brand loyalty at this point. There is no brand loyalty yet for Fisker to speak of, and neither is there a lack of customers willing to pay the sticker price for the next few years. Fisker will be able to sell every EV he makes for years to come. The brand loyalty will come later when the customers who bought their fist Fisker like it enough to come back for another one. The brand loyalty will be based on the product quality, reliability and the service (parts availability, short repair times, etc.)

Your early reservation on the Ocean Ultra will hopefully allow your to get one of the fist Ultras to be manufactured. No one guaranteed that lower-end trims would be sold ahead of higher-end trims just to satisfy the early reservation date.
 

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....
I have four different EVs on order and already own a Model Y.
....
Just four? What is this, amateur hour? :) I've got 7 in various Rivian, Fisker, and Cadillac order queues as we speak. Not to mention the 2 Ford Mach E GT's I've already purchased (sold the first GT). This includes several Rivian orders where my prices are locked in (guaranteed) prior to their March 1 20% price increase.

You also bring up some good points. It's really all about focusing on the right vehicles and getting your order in the queue to present yourself with options and opportunities 6 months to 2 years down the road. With no orders in the queue you're just a whistlin' dixie.
 
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