The Fisker Ocean Ultra is the mid-range, dual-motor version of the Fisker Ocean electric SUV, launched at $49,999 with about 540 horsepower and an EPA-rated 350 miles of range. It is no longer made: Fisker filed for bankruptcy in June 2024 after building about 11,000 Oceans, and owners now rely on independent service and owner groups. If you need capital, Borro offers fast loans against luxury cars, watches, jewelry and other high-value assets, with no credit check and no need to sell.
Fisker Ocean Ultra Specs at a Glance
| Spec | Fisker Ocean Ultra |
|---|---|
| Drive | Dual motor, all-wheel drive |
| Power | About 540 hp |
| 0–60 mph | 3.9 seconds (Fisker’s launch claim); other sources list 3.7 to 4.2 seconds |
| EPA range | 350 miles |
| Battery | 113 kWh total, 106.5 kWh usable (CATL) |
| DC fast charging | Up to 175 kW |
| Top speed | 127 mph |
| Dimensions | 4,774 mm long, 1,982 mm wide, 2,921 mm wheelbase |
| Launch price | $49,999 before destination |
| Built | 2022–2024 by Magna Steyr in Graz, Austria |
Need capital fast? Borro lends against luxury and collectible cars valued at $50,000 or more, plus watches, jewelry, handbags and art, with loans from $25,000 and funding in as little as one business day. Get a no-obligation quote or call 720-458-6788.
Fisker Ocean Trims: Sport, Ultra and Extreme
The Ocean came in three main trims. The single-motor Sport was the entry model, rated at 231 miles of EPA range. The Ultra added a second motor and the larger battery. The Extreme, and the launch-edition One built to the same specification, added a little more power and range, with the EPA rating them at 360 miles. Compare the top trim in our Fisker Ocean Extreme profile.
What Happened to Fisker?
Fisker Inc. began delivering the Ocean in 2023, after more than 65,000 reservations, but many of those orders were later cancelled. Early cars suffered software faults and loss-of-power incidents, which led to several NHTSA investigations and recalls. Fisker paused production in early 2024 and filed for bankruptcy in June 2024, and its liquidation plan was approved later that year.
In October 2024, New York fleet company American Lease bought Fisker’s remaining Ocean inventory, which now largely serves ride-hailing in New York City. It also paid about $2.5 million for access to Fisker’s software and cloud services and agreed to extend connected services to private owners.
Owning a Fisker Ocean After the Bankruptcy
The Ocean depends heavily on cloud connectivity, so the bankruptcy left owners without warranty coverage, official service or over-the-air updates. Owners responded by forming the Fisker Owners Association, a nonprofit that grew to about 4,000 members. It organizes parts sourcing, repair guides and independent technicians, and some owners have reverse-engineered the car’s software to keep it running.
If you are buying a used Ocean Ultra, check which software version it runs, whether open recalls have been completed, and whether your insurer will cover it. Some owners report difficulty finding insurance, and parts availability varies by region.
Design and Interior
The Ocean was designed by Henrik Fisker and uses recycled and animal-free materials throughout the cabin. It uses a large 17.1-inch center touchscreen (the rotating “Hollywood” mode was a feature of the top Extreme and One trims), and California Mode lowers the windows at once for an open-air feel.
What Is a Fisker Ocean Ultra Worth Today?
Used prices have fallen well below the original $49,999. The lack of manufacturer support, uncertain software updates and insurance questions all weigh on values, and two cars with similar mileage can differ widely depending on their software and repair history. Check recent sales in your area before buying or selling.
Can You Get a Loan Against a Fisker Ocean?
Usually not on the Ocean alone. Borro’s car loans are for vehicles worth $50,000 or more, and most used Oceans now sell well below that. But if you need capital, the car in your driveway may not be your most valuable asset. Borro lends against a wide range of high-value property:
- Luxury, classic and collectible cars valued at $50,000 or more
- Luxury watches, including Rolex, Patek Philippe and Audemars Piguet
- Fine jewelry and diamonds
- Designer handbags, fine art, and gold and precious metals
Every Borro loan comes with the same terms:
- No credit check and no personal guarantee. The asset secures the loan, and Borro does not ask for personal or business financial statements.
- Fast funding. Loans start at $25,000, and once approved, funds can arrive in as little as one business day.
- You keep ownership. Your asset is held in fully insured, secure safekeeping and returned when you repay.
- Experienced and discreet. Borro has lent more than $1 billion to clients across the country and holds an A+ BBB rating.
See every category of assets we accept, read how a collateral loan works, or learn about Borro’s luxury and classic car loans.
For the Cars That Outlive Their Makers
Some machines are loved all the more because of how their story ended. The Ocean arrived with a bold shape, a glass-heavy cabin and the confident promise of a new kind of luxury. Then the company behind it stopped. What remained is a car with a certain poignancy, and owners who tend to feel a quiet, protective loyalty toward it.
That loyalty is a real thing, and you can feel it in the way people talk about their cars. They remember the first drive, the way the cabin felt like a bright, modern room, the small thrill of owning something that now feels like a chapter of automotive history. They keep it clean. They keep it close.
There is a lesson in it that applies to anything you own with care. Value is partly in the market and partly in what a piece means to you, and the second part never shows up in a quote.
So if capital is needed, think carefully before parting with the pieces that matter. Borro lends against luxury cars of sufficient value, along with watches, jewelry and other fine things you may own, holding each in secure, insured safekeeping and returning it when you repay. Ownership never leaves your hands. Explore what Borro accepts among luxury assets, and keep the story going.
Frequently Asked Questions
Can I get a loan against my Fisker Ocean?
Usually not on the Ocean alone, because Borro’s car loans require a vehicle worth $50,000 or more. Borro can lend against other assets you own, such as a luxury car, watches or jewelry, with loans from $25,000 and no credit check.
What is the range of the Fisker Ocean Ultra?
The EPA rates the Fisker Ocean Ultra at 350 miles. The Extreme and One are rated at 360 miles, and the single-motor Sport at 231 miles.
How much did the Fisker Ocean Ultra cost?
Fisker priced the Ocean Ultra at $49,999 before destination at launch. Used prices today are far lower.
Is the Fisker Ocean still made?
No. Fisker filed for bankruptcy in June 2024 and production ended after about 11,000 Oceans were built.
Can you still get a Fisker Ocean serviced?
Not by Fisker. Owners use independent technicians and the Fisker Owners Association, and American Lease agreed to extend connected services to private owners after buying Fisker’s software access.
See how much your assets could unlock. Borro’s loans start at $25,000, with no credit check and no personal guarantee. Apply now or call 720-458-6788 to speak with a valuation expert.
