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nautique220 07-11-2012 9:11 PM

Exotic car question
One of my buddies is looking at a Fisker Karma. After a little research I'm finding that Fisker may or may not go under. It seems like he's getting a pretty good deal but I'm worried he's going to get bent over when it's time to sell. It's a 2012 with 1500 miles for about 90k. I'm not a car guy so...

My question is when a car company like this goes out of business does this make the car more valuable? I assume the answer is no due to no warranty and availability to get parts. But on the other side if only a limited amount of a sought after car are made value goes up right? Is he making a bad buy? Is this car going to be worth $45k next year?

I know most cars are not an investment but part of him is thinking it is.

He's probably making a decision in the next couple of weeks. Any advice or insight is appreciated. Thanks

Raf1985 07-11-2012 9:23 PM

It will eventually be worth a lot if he keeps it in good shape. Kinda hard to say though, some cars are worth a bunch and others just kinda fall off the face of the earth.

pesos 07-11-2012 9:53 PM

Eh... That is rare, new electric vehicle. Not sure how easy it will be to service/deal with battery issues if the company is gone.

TroyD 07-11-2012 10:25 PM

Tell him to stay away unless he has deep pockets. My F430 is ALWAYS at the dealership and without warranty you are talking thousands for even basic stuff.

colorider 07-11-2012 10:43 PM

Justin Bieber drives one.. Enough said.

nautique220 07-11-2012 11:38 PM

Well yeah that's why he wants one. Obviously kidding. Thanks so far keep them coming.

acurtis_ttu 07-12-2012 7:08 AM

I'm looking at a Maserati GT, no t the same, but exotic.

Say the company does go belly up...the market of potential buyers ( if he ever wants to sell it) will shrink considerably.

Warranty issues....could be nightmare-ish.....not to mention a car like that out of warranty...even if reliable, all it takes is one trip to the shop to equal big $$$$.

I'm assuming he will use the car as a daily driver?

nautique220 07-12-2012 8:07 AM

Probably will leave the garage on the weekends.

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