Fisker Owners Unloading Cars At Huge Loss -- Well, At Least Trying To Unload Them

The LA Times is reporting:

In a week in which beleaguered Fisker Automotive failed to make a $10-million loan payment, owners are looking to unload their cars. In some cases, they are seeing some very low offers.

There were 48 listings for the high-end, hybrid electric Fisker Karma Eco-Chic and Eco-Sport cars on the Yahoo! auto sales pages.

That might not seem like a lot, but the new- and used-car research company Edmunds said there were only 947 new registrations of Fisker automobiles between January 2012 and February of this year.

Fisker Automotive hasn't sold a new car in nearly a year. On Wednesday, its executives were grilled on Capitol Hill on whether the company had used political influence to finance a fatally flawed business plan.

Fisker had been scheduled to start to pay down about $192 million it had borrowed under the Energy Department's Advanced Technology Vehicles Manufacturing Loan Program. It also laid off most of its workers this month.