No matter how you will finance your Elio, you have a year or more to save and put a larger down payment on it. The more you put down, the lower your payment. At some banks and CUs the more you put down, the lower the interest rate. 20% or more down, make banks and CUs feel better about giving you a loan. Remember vehicles lose value the second you drive it off the lot! Elio's will be no different.
I also realize many of you live paycheck to paycheck ( been there ) or have a fixed income, ( we started a few years ago, living off what we think our retirement income will be ) all the more reason to start acting like your making your Elio payment now. You have a year or more to figure out how to get the Elio payment into your budget. Good luck!
Oh, and if the Elio fails to materialize ( heaven forbid ) your still ahead of the game on your next vehicle purchase!