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Standard Equipment And Options

Trusting

Trusting

Elio Addict
Sethodine said:
In the example you gave, assuming an average auto loan interest rate of 3.11%, paying $100/month would take you 54 months to pay off the loan, and you'd pay $364 in finance charges. Total cost: $5364

Really, all that matters is the interest amount. That said, if Elio is truly self-financing, then they could give Zero-interest or flat-rate low-interest financing (2% maybe). This is because they are an autocycle company that profits by selling autocycles, not a bank that profits from interest payments.

Their goal is to create a sort of "layaway" system, where whatever you are paying for gas today will be your car payment on the Elio until it's paid off. My current commute sees me spending about $120/month on gas, so in the Elio I might spend $40/month. Thus, my minimum car payment each month will be $120 until it's paid off. (I will be paying much more than that, because I don't want to take forever to pay it off.)

Long story short: Elio Motors makes money by selling Elios, not by high interest loans, so I wouldn't expect anything like the crushing 7-27% interest rates you see on credit cards. More like 0-3% flat rate. But this is purely speculation.
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As usual, well thought out !
 
B

bebopag

Elio Aficionado
Much thanks on the Aug 12 posting (#1348) concerning ePlus Launch Configurations. Worked on the cookie angle. All O.K.
 
J

JK

Elio Addict
Anyone got any ideas about where they will mount the Powered Subwoofer? The normal place would be behind the rear seat and over the trunk. I don't think there is space for that in the Elio.
 
Sethodine

Sethodine

Elio Addict
JK said:
Anyone got any ideas about where they will mount the Powered Subwoofer? The normal place would be behind the rear seat and over the trunk. I don't think there is space for that in the Elio.
Click to expand...

My thoughts are that it might go under the driver's seat, or perhaps at the driver's feet (think in the starboard wall, forward and below the gearshift and aiming towards the driver's feet). Or it might just take up a chunk of the already-small trunk space.But we just don't know for sure.
 
Coss

Coss

Moderator
Staff member
Moderator
JK said:
Anyone got any ideas about where they will mount the Powered Subwoofer? The normal place would be behind the rear seat and over the trunk. I don't think there is space for that in the Elio.
Click to expand...
I thought it was slated for one of the inset areas on the side of the "trunk"
The triangle (sort of) area, you can see it in the frame picture.
elio-lock-in[1].jpg



It is a small area so I wonder if they plan 2 speakers; 1 for each side.
 
Frim

Frim

Elio Addict
Coss said:
I thought it was slated for one of the inset areas on the side of the "trunk"
The triangle (sort of) area, you can see it in the frame picture.
View attachment 11056


It is a small area so I wonder if they plan 2 speakers; 1 for each side.
Click to expand...
That white Elio does look like some kind of spook. If it were grey it cold be a catfish.
 
Coss

Coss

Moderator
Staff member
Moderator
Frim said:
That white Elio does look like some kind of spook. If it were grey it cold be a catfish.
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Yesterday someone mentioned that it looked like a Mean Ghost.
I did a call out for anyone with Photoshop skills to do eyes and teeth on the picture.
We haven't seen it yet.

A catfish? It would need whiskers :g44l: (What is Group 4?)


[I looked it up: Group 4 Protocol is a digital Fax send and receive protocol]
[Or an insurance category for certain cars; or a battery size]
In other words ummm I still don't know ;)
I used it because it was the only one with "whiskers"
 
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