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The Fisker Karma Is the Craziest $40,000 Sedan You Can Buy

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The Fisker Karma is a unique plug-in hybrid luxury sedan with a distinctive style and environmentally friendly engineering. Here’s an overview of its main specifications and qualities:

Specifications

Engine & Power:
The Karma has a 2.0-liter turbocharged 4-cylinder engine paired with two electric motors, producing a combined 403 horsepower and 981 lb-ft of torque. Its electric-only range is around 33 miles, with an impressive fuel efficiency rating of 54 MPGe when using both electric and gas power. It achieves approximately 20 MPG in hybrid mode.
Battery: It includes a 20.1 kWh lithium-ion battery pack, rechargeable in about 6 hours on a Level 2 charger.
Dimensions: The car is around 196.7 inches in length, with a width of 78.1 inches and a height of 52.4 inches. Ground clearance is a modest 5.6 inches, and the wheelbase stretches to 124.4 inches.
Weight & Capacity: The curb weight is approximately 5,300 pounds, with a compact trunk capacity of 6.9 cubic feet.
Towing Capacity: The Karma does not officially have a towing capacity, as it was designed primarily as a performance luxury vehicle rather than a utility vehicle.

fisker karma sedan hybrid.jpg

Ownership Costs

Annual Maintenance: Estimated maintenance costs for the Fisker Karma are relatively high due to its unique engineering and limited parts availability.
Insurance: Given its luxury status and hybrid technology, insurance can be more expensive than average, often dependent on location and provider.
Tire Sizes: The Karma typically comes with 22-inch alloy wheels, which complement its performance and style but can add to maintenance costs.

Price & Financing

Pricing:
Although it originally retailed for over $100,000, used models typically sell around $40,000, depending on condition and mileage.
Loan Payments: Monthly payments vary based on lender and terms, with some lenders offering competitive rates. For example, financing $40,000 at a low interest rate (around 4% for good credit) could result in monthly payments of approximately $735 over five years. Checking with local banks or credit unions may yield the best rates.

Other Highlights

Style:
Known for its "bat-style" doors and sleek, low profile, the Karma stands out as a head-turner. Its luxury design includes premium leather seats, wood interior trim, and advanced features like keyless entry, climate control, and premium audio.
Colors: Options typically include sophisticated shades like silver, black, and dark blue, aligning with its luxury appeal.
Defects & Issues: Common concerns among owners include software glitches, limited electric range compared to newer EVs, and high maintenance costs.

The Fisker Karma remains a niche choice for those who appreciate its blend of eco-conscious design and luxury aesthetics. For potential financing, check local lenders for the most affordable options, as rates can vary based on credit and specific lender programs.

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