• Fisker is waiving the $2,438 destination and handling fee on remaining 2023 Ocean SUVs.
  • The brand’s entry-level model, the Ocean Sport, sold out after a $14,000 price cut in March.
  • The brand added three new dealer partners, but the writing appears to be on the wall.

Ocean was an apt name for Fisker’s first EV as the beleaguered automaker finds itself adrift and in danger of drowning. However, the company continues to cling to life and they’ve cut prices once again.

Starting with good news, Fisker has announced the 2023 Ocean Sport has sold out in the continental United States. It’s the brand’s entry-level model and pricing was slashed from $38,999 to $24,999 in March.

More: Fisker’s Austrian Unit Files For Bankruptcy, Ocean Looks Sunk

While there aren’t any more Sport variants, the company still has Extreme and Ultra trims. Fisker is now trying to offload them by waiving the $2,438 destination and handling fee.

This amounts to yet another cut as both trims saw their prices slashed less than two months ago. The 2023 Ocean Extreme fell from $61,499 to $37,499 while the Ocean Ultra was reduced from $52,999 to $34,999. That means in just a matter of months, the price of the Ocean Extreme has dropped by $26,438.

 Fisker Pours More Fuel On The Ocean Fire Sale

Besides throwing more fuel on the fire sale, Fisker announced three new “dealer partner” locations. That means the company will soon have 15 locations in the United States with the latest being Fisker of San Jose, Newport Fisker in California, and Belford Fisker in New Jersey.

A Fisker spokesperson said, “We are excited to welcome our new dealer partners to the Fisker family and look forward to them opening for business. Expanding our dealer presence in our home state of California is a priority for us, and customers can now see the all-electric Ocean SUV in person in both Southern California and the Bay Area.” They added, “With the waiver of the $2,438 destination and handling fee on 2023 Extremes and Ultras, we’re delivering even more value to new Fisker customers.”

While the price cuts might be tempting, Fisker appears to be toast. The company’s Austrian subsidiary, Fisker GmbH, filed for bankruptcy earlier this month. On top of that, Magna ceased production of the Ocean in March and assumes it won’t resume.

 Fisker Pours More Fuel On The Ocean Fire Sale