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I have a $250 deposit and did not do the binding contract thing. My order position is around 32000. Will Fisker contact people like me in the first 40k orders in 2023 saying an Extreme is available to order even though I indicated I want an Ultra. Or will it be 2024 before notification?
 

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I have a $250 deposit and did not do the binding contract thing. My order position is around 32000. Will Fisker contact people like me in the first 40k orders in 2023 saying an Extreme is available to order even though I indicated I want an Ultra. Or will it be 2024 before notification?
I'm not sure about the order they will contact people, but on Nov 18, the gate opens to order an Extreme.
Is that an ORDER button on the website, or an email, who knows? If you do want an Extreme, I would start stalking thee website on Nov 17, 11:55PM
 

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BMW I4, Reserved Ocean Ultra, Ocean Pear. Patience is a virtue!
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I'm not sure about the order they will contact people, but on Nov 18, the gate opens to order an Extreme.
Is that an ORDER button on the website, or an email, who knows? If you do want an Extreme, I would start stalking thee website on Nov 17, 11:55PM
It should be like they did for the ONE, a button on the website and mail advising you that you could order it, without mail you cannot order (button inactive). Fisker should open order by batch base on the reservation number in the queue. I can be wrong!
 

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I have a $250 deposit and did not do the binding contract thing. My order position is around 32000. Will Fisker contact people like me in the first 40k orders in 2023 saying an Extreme is available to order even though I indicated I want an Ultra. Or will it be 2024 before notification?
I think the same thing that went down for the One, takes place for the Extreme. If you have a reservation placed before 'x' date, you'll be notified by Fisker in an email that you can move forward with placing an order for an Extreme. My hunch is that this is how it's probably going to go down until production catches up with demand. They'll send cars out in batches. This also helps Fisker with making sure that quality control stays intact.
 

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I have a $250 deposit and did not do the binding contract thing. My order position is around 32000. Will Fisker contact people like me in the first 40k orders in 2023 saying an Extreme is available to order even though I indicated I want an Ultra. Or will it be 2024 before notification?
I think Dave's question is how does he get an Ultra - not an Extreme. We know that the Extreme orders will open back up in November and that the Ultra orders will open back up in early 2023.

There was an "Order" section under the FAQs which they have since removed on Fiskerinc.com. That FAQ stated that your order delivery will depend on when and for which market you converted your reservation to an order.

So if all of that is still true and Henrik is stating that they are sold out of Ultras and Sports in the US, I am not sure where that will leave everyone that has still not converted. He has also stated that they are trying to open up more production for 2023 and 2024. Of course this is all up to Magna so it is hard to make any promises at this point. All you can do is see what happens at the beginning of the year and decide from there. We might know more in October/November too.
 

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If that's the case, all we know about the Ultra is just like Surfer said, they may open up further capacity. Other than that, all we've been told is that orders for Ultra will reopen Q1 2023 and anyone with a reservation should be contacted.
 

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Discussion Starter · #7 ·
But does reopen in Q1 2023 still apply since Fisker said they are sold out of the Ultra in 2023? My guess is that everyone who wants an Ultra but didn’t do the binding contract will be contacted that an Extreme is available and if not wanted are deferred until 2024. Me, I need to see an Ocean in person, sit in it, and have specs eg battery size, before ordering.
 

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But does reopen in Q1 2023 still apply since Fisker said they are sold out of the Ultra in 2023? My guess is that everyone who wants an Ultra but didn’t do the binding contract will be contacted that an Extreme is available and if not wanted are deferred until 2024. Me, I need to see an Ocean in person, sit in it, and have specs eg battery size, before ordering.
If you want to go this route you certainly can. As far as I can tell that means you will have to visit a "lounge" (experience center) in late 2022 or early 2023 if you can get to one. And then order an Ocean for 2024. I went a different route. I locked in my order now (risking $250) and will get in an Ocean before I take delivery if I can. If not, I will listen to the reviews and try and make an educated decision. Getting a start-up's vehicle in their first year of production is not the normal car-buying experience for sure.
 

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If you want to go this route you certainly can. As far as I can tell that means you will have to visit a "lounge" (experience center) in late 2022 or early 2023 if you can get to one. And then order an Ocean for 2024. I went a different route. I locked in my order now (risking $250) and will get in an Ocean before I take delivery if I can. If not, I will listen to the reviews and try and make an educated decision. Getting a start-up's vehicle in their first year of production is not the normal car-buying experience for sure.
We have been through this a couple of times before. We bought the 2011 Chevy Volt and the 2018 Model 3 without ever seeing either in person until the day we took delivery. You get used to it (LOL). You can always re-sell it if you find it does not fit your needs. I worry about Ocean headroom and lousy rear visibility. I also worry about charging speed and how storage capacity will look in person. But if it does not work for me it will work for someone else! As long as we do not revert to the days when you lose 20% by driving it off the lot (not anytime soon, especially with a new model EV), it will be fine.
 

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Discussion Starter · #10 ·
“As long as we do not revert to the days when you lose 20% by driving it off the lot” which is returning even now and additionally the 9 to 12% sales tax. To buy a $75k car unseen is up to $25k immediate loss. Glad some can afford this.
 

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We have been through this a couple of times before. We bought the 2011 Chevy Volt and the 2018 Model 3 without ever seeing either in person until the day we took delivery. You get used to it (LOL). You can always re-sell it if you find it does not fit your needs. I worry about Ocean headroom and lousy rear visibility. I also worry about charging speed and how storage capacity will look in person. But if it does not work for me it will work for someone else! As long as we do not revert to the days when you lose 20% by driving it off the lot (not anytime soon, especially with a new model EV), it will be fine.
as long as the car is not a complete lemon that bursts into flames when charged, or some other malady that is widely published- i suspect you’ll get your original sales price back and then some ,should you decide its not “all that”.
 

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“As long as we do not revert to the days when you lose 20% by driving it off the lot” which is returning even now and additionally the 9 to 12% sales tax. To buy a $75k car unseen is up to $25k immediate loss. Glad some can afford this.
I don't think that really holds true anymore. The Model 3 and Model Y have held their values amazingly well. Two years ago, the Model 3 held 90% of its value after three years. See: Tesla Model 3 retains almost 90% of its value over 3 years, study shows | Electrek

It's not crazy for a car like the Ocean to do the same.

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Discussion Starter · #13 ·
The last 2 years are abnormal compared to 60 years previous. Remember even Tesla dropped the price of the S 100 to $69k from over $82k due to slowing demand. As hundreds of ev models flood the market, and ICE production resumes to normal levels, all autos will go back to huge initial depreciation, even the Ocean.
 

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The last 2 years are abnormal compared to 60 years previous. Remember even Tesla dropped the price of the S 100 to $69k from over $82k due to slowing demand. As hundreds of ev models flood the market, and ICE production resumes to normal levels, all autos will go back to huge initial depreciation, even the Ocean.
I understand and respect that you do not feel comfortable being an early adopter on a new vehicle from a young company. Totally get that and totally understand why you did not convert to a firm pre-order, etc. What I do not understand is why you are trying to convince others that we should not be early adopters. We all understand the uncertainties and the risks associated with doing it, but new companies like Fisker rely on people willing to take an early risk on a new product to get off the runway. All of the things you mention about Fisker would be the same for Rivian or Lucid or Tesla (a few years ago) or Polestar or Vinfast.

With respect to the re-sale, I am exceptionally comfortable that a new vehicle in short supply will be easily re-sellable next year at the price I paid (especially net of the tax credit!) if it does not work for me. No guarantees, but it is my judgement that it will be fine. I am sitting on a four year old Model 3 that has experienced 7% depreciation (net of the tax credit) since I bought it according to the KBB. Should be fine next April or May if I get the ONE and decide it just is not a good fit.
 

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Discussion Starter · #15 ·
I am just stating facts, on topics others started unrelated to my original question. Why are you misleading people as to residual value as well as pumping Fisker? In mid2020 I was able to buy a new truck for $12k off sticker. All I’m saying is it will return to this.

Do you care to respond to my original question?
 

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I am just stating facts, on topics others started unrelated to my original question. Why are you misleading people as to residual value as well as pumping Fisker? In mid2020 I was able to buy a new truck for $12k off sticker. All I’m saying is it will return to this.

Do you care to respond to my original question?
Are you sure about that? BMW and Mercedes CEO's have admitted that discounts gone. Dealers couldn't keep cars on lots and were charging $5,000 over and they were still selling like hotcakes. They'd be crazy to bring back discounts and flood the market again when they can pad their margins.

https://www.kbb.com/car-news/car-discounts-not-coming-back-says-largest-dealership-group/
AutoNation CEO Says New Vehicle Discounts Won't Return Anytime Soon | Carscoops
https://gmauthority.com/blog/2022/0...inventory-wont-return-to-pre-pandemic-levels/
BMW and Daimler pledge to keep prices high when chip crisis ends | Financial Times (ft.com)
Mercedes-Benz Discounts are Dead: Price Negotiating Terminated from 2022 — Auto Expert by John Cadogan - save thousands on your next new car!
 

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The US is headed for more of a European style 'dealership' experience where customers go into the dealership and just order the car they want with the options they want, and you wait for it to arrive. You're not going to see dealership lots packed with 150 to 200 cars anymore.
 

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I am just stating facts, on topics others started unrelated to my original question. Why are you misleading people as to residual value as well as pumping Fisker? In mid2020 I was able to buy a new truck for $12k off sticker. All I’m saying is it will return to this.

Do you care to respond to my original question?
How, pray tell, am I misleading anyone on residual value? I am merely stating a true fact about my vehicle, a true fact about resale values of popular new EVs in the market over the past few years (cf Rivian, lucid, f150, hummer, etc.), and what I have clearly stated is my own personal belief on what will happen which I have acknowledged could be right or wrong.

I would be happy to respond to your original question about whether Fisker will contact you on 2023 to invite you to buy an Extreme: I have no idea.
 
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I have a $250 deposit and did not do the binding contract thing. My order position is around 32000. Will Fisker contact people like me in the first 40k orders in 2023 saying an Extreme is available to order even though I indicated I want an Ultra. Or will it be 2024 before notification?
Wonder about this myself - I think to be fair, once more Extreme/Ultra/Sport allocation is available for US market Fisker should allow each group of reservation to place pre-orders similar to the One process until sold out, then delivery should be according to the reservation list regardless of when the pre-orders are made. Until the order is confirmed, people who placed pre-orders before 8/16 have a chance for $7500 tax rebate, but shouldn't jump ahead of those who reserved earlier but place pre-orders later.
 

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It's easy for them to say that now when there is a chip shortage and no one can produce extra cars. GM can say they will produce less cars but if Toyota/Honda/Nissan/Kia/Hyundai/Ford/etc. start producing more cars; GM dealers will not be able to overcharge consumer (sorry, meant "pad their margins") when the consumer can just go buy any other generic car without the padded margin. If none of the existing brands will expand production; there are plenty of new entrants or Chinese brands ready to fill the gap.
 
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