Fisker lost track of millions of dollars in customer payments for months
1–10 of 72 posts
Re: Fisker lost track of millions of dollars in customer payments for months
#2That's crazy. I'm curious what happened in those instances. I suppose it depends a lot on the jurisdiction, but can Fisker come back and demand payment, or did those people just get free cars?
Re: Fisker lost track of millions of dollars in customer payments for months
#3Re: Fisker lost track of millions of dollars in customer payments for months
#4>In a few cases, it delivered vehicles without collecting any form of payment at all That's crazy. I'm curious what happened in those instances. I suppose it depends a lot on the jurisdiction, but can Fisker come back and demand payment, or did those people just get free cars?
Re: Fisker lost track of millions of dollars in customer payments for months
#5>In a few cases, it delivered vehicles without collecting any form of payment at all That's crazy. I'm curious what happened in those instances. I suppose it depends a lot on the jurisdiction, but can Fisker come back and demand payment, or did those people just get free cars?
However, you can decide to take the whole thing to court and see what a judge thinks about it. In a way, they screwed up and that may affect the contract.
Re: Fisker lost track of millions of dollars in customer payments for months
#6“Checks were not cashed in a timely manner or just lost altogether” only in the US of A, or movies from 70s, something like this.
If a global bank and the UK government can't figure this stuff out, I can certainly see how a company like Fisker might drop the ball.
Re: Fisker lost track of millions of dollars in customer payments for months
#7Or (looking at vehicles delivered without payment) sales dept. breaking rules?
Or (always a good guess) is it actually a software fiasco, and people trying to work around non-working software?
Or did they not have an adequate accounting organization set up when they started taking orders, and for some reason let that persist for months?
Re: Fisker lost track of millions of dollars in customer payments for months
#8>In a few cases, it delivered vehicles without collecting any form of payment at all That's crazy. I'm curious what happened in those instances. I suppose it depends a lot on the jurisdiction, but can Fisker come back and demand payment, or did those people just get free cars?
For something as valuable as a car, they definitely can. You still agreed to pay them. However, you can decide to take the whole thing to court and see what a judge thinks about it. In a way, they screwed up and that may affect the contract.
There are laws around sending people packages and then demanding payment.
I think it was to stop trolls from mailing you garbage and demanding payment afterwards…
I’m not a lawyer, them having a purchase agreement in place probably changes things, but a clever lawyer might be able to make a case
Re: Fisker lost track of millions of dollars in customer payments for months
#9>In a few cases, it delivered vehicles without collecting any form of payment at all That's crazy. I'm curious what happened in those instances. I suppose it depends a lot on the jurisdiction, but can Fisker come back and demand payment, or did those people just get free cars?
For something as valuable as a car, they definitely can. You still agreed to pay them. However, you can decide to take the whole thing to court and see what a judge thinks about it. In a way, they screwed up and that may affect the contract.
There are laws around sending people packages and then demanding payment.
I think it was to stop trolls from mailing you garbage and demanding payment afterwards…
I’m not a lawyer, them having a purchase agreement in place probably changes things, but a clever lawyer might be able to make a case, but I’m just spitballing
Re: Fisker lost track of millions of dollars in customer payments for months
#10Could the accounting problems be due to intentionally delaying having accurate revenue numbers? Or (looking at vehicles delivered without payment) sales dept. breaking rules? Or (always a good guess) is it actually a software fiasco, and people trying to work around non-working software? Or did they not have an adequate accounting organization set up when they started taking orders, and for some reason let that persi…