Jobaaj Stories
Months after Fisker’s sudden collapse left its customers stranded, there’s finally a lifeline for those stuck with depreciating electric SUVs. Rivian, in collaboration with Chase Bank, is offering a buyback and trade-in program that could help Fisker owners recover their losses.
🔥 Rivian and Chase’s Rescue Plan for Fisker Owners
If you own a Fisker Ocean and are wondering what to do next, here’s the deal: Rivian and Chase will buy your vehicle, often at a higher value than you’d get on the open market. This means you don’t have to worry about finding a buyer for a car with no factory support.
What Are the Options for Fisker Owners?
Fisker customers now have three options:
1️⃣ Sell directly to Rivian – Get a fixed price based on your original purchase cost, minus usage depreciation.
2️⃣ Trade in for a Rivian model – Use your Fisker’s trade-in value towards the purchase of a Rivian R1S or R1T.
3️⃣ Sell to Chase Bank – If your Fisker is non-operational, Chase will still purchase it, offering an exit from a stranded investment.
💰 Some Fisker owners have reported offers of over $36,000 for their SUVs—far more than they could get in private sales.
🚗 Why Is Rivian Making This Offer?
Rivian’s move is not just about helping Fisker owners; it’s also a strategic marketing play. The company sees an opportunity to bring in a group of EV buyers who are already interested in sustainable transportation. By offering them a seamless transition, Rivian is building goodwill and expanding its customer base.
Meanwhile, Chase Bank’s involvement ensures that even inoperable Fisker vehicles aren’t a total loss for their owners. This deal provides a much-needed financial escape route for those who invested in Fisker before its collapse
This unexpected opportunity gives Fisker owners a much-needed escape from a tough situation. While it may not be the ideal outcome they had hoped for, Rivian and Chase’s buyback offer provides a practical way to cut their losses and move forward. For some, it’s a chance to upgrade to a more stable brand, while for others, it’s simply about getting a fair deal for a car with an uncertain future.
