Rivian And Chase Rescue Fisker Ocean Owners From Drowning With Buyback Deal
Reddit / Hagens Berman

Rivian and Chase Rescue Fisker Ocean owners of drowning with a buyout agreement


The new buyout program offers an easier way to take out the painful situation than owners of Fisker Ocean are currently

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    Rivian and Chase Rescue Fisker Ocean owners of drowning with a buyout agreement

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  • Rivian and Chase Bank have launched a buyout program for Fisker Ocean owners.
  • Fisker owners can sell their car to Rivian or even use it in a trade for a new EV.
  • Unfortunately, the agreement offers no advantage to the owners who have already sold their car.

Fisker has been pulling the plug for months and left its customers loud and dry, but now there is a glimmer of hope for those who have been left by holding the bag. Rivian, teaming up with Chase Bank, offers Fisker buyers a way to get out of their unfortunate difficult situation. The agreement? Sell ​​your Fisker to Rivian or Chase, and you will probably make it thousands more than trying to unload it on the free market.

The law firm Hagens Berman contacts Fisker owners with the news that they can now sell or exchange their vehicles. Rivian even allows owners to use the sale of their Fisker as part of a deposit for one of their R1S or R1T models, if they are interested in an upgrade.

Read: Nikola goes bankrupt because the startups are once more valued than Ford lacks money

Fisker owners are offered three options: sell to Rivian, exchange in Rivian or sell in Chase if their car is in an inoperative state. According to the letter, the “fixed price will be an amount equal to the purchase price minus an amount of use of the vehicle since… the purchase”. This decision looks like a serious life buoy for Fisker buyers who could have spent nearly six figures to obtain an early ocean, only for Fisker to bend more quickly than a lawn chair.



    Rivian and Chase Rescue Fisker Ocean owners of drowning with a buyout agreement
Reddit / Hagens Berman

According to articles on social networks, Rivian and Chase send this offer by post to Fisker owners. In some cases, they offer more than $ 36,000 for a SUV which will never receive factory support again.

It is not difficult to see why this marketing decision is logical. Rivian targets a group of buyers who have desperately escaped the financial disorder that Fisker has left. At least Rivian lasted long enough to build a second generation car and seems much healthier as a business than Fisker.

Although this is not exactly the fairy tale ending Fisker buyers, it is a way out for those who want to escape a rapid investment. Rivian capitalizes on the situation by offering a simple solution, which greatly facilitates the owners disappointed to make a new start.

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    Rivian and Chase Rescue Fisker Ocean owners of drowning with a buyout agreement

Stephen Rivers

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Stephen, affectionately known as rivers, has graciously passed by the director of the repair workshop and …
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