DAVID BLACKMON: Bonfire Of The E-Vanities: Bankrupt EV Start-Up Fire-Selling Remaining Inventory

Hey, want a cheap Fisker Ocean EV? Want a bunch of them? All you need is $2,500 in cash for a few hundred of Fisker’s remaining inventory of damaged Ocean SUVs, and they are yours!

Bankrupt pure-play battery electric-vehicle maker Fisker, desperate to raise cash to keep what remains of its operations open as it goes through the Chapter 11 bankruptcy process, is about to enter into a deal with a wholesale buyer to dump its remaining inventory of what is a really good-looking, high-quality SUV, designed to compete with the Tesla Model-Y sort-of SUV car that is really just a souped-up sedan.

You may remember that, earlier in the year, Fisker cut the price for the Ocean by 40% from its original $58,000 price tag to try to spur sales amid a faltering market. But even at $36,000 or so, the carmaker was unable to offload enough of the things to avoid bankruptcy.

So, now, according to Inside EVs, Fisker is about to do a deal with American Lease to sell undamaged models for $16,500, previously owned but undamaged units for $3,200, and the damaged units for just $2,500. Fisker is willing to enter into the deal to raise $46.25 million to help pay off its massive debts.

Fisker says in court documents it has 2,711 undamaged models