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$7300 Final Price

Ekh

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Any lawyer worth their salt would be able to tear this so-called "commitment" to shreds. Literally, the entire purpose of this exercise is to weed out people who are not fully committed to the Elio, which is perfectly fine. Don't worry, and don't sign it :)
Seth, I think you have it backwards -- the point of the exercise is to convince DOE that the market demand for the car is real. It isn't to weed out the not-fully committed, but to identify those who ARE fully committed, and provide that data to DOE.

The problem is that the way they've set up the form and agreement are scary, because they show a one-way street. Elio wants commitment from us, but isn't expressing any limits or commitment on their part. This could easily be fixed; it's mainly a communications problem. As it is, they are going to have a significant wash-out percentage, EVEN AMONG FOLKS WHO REALLY DO WANT THE CAR.

I have written the cognizant people at EM about this, but they don't always want to hear from outsiders, even ones with decades of experience in corporate communications. I hope this time they make some adjustments, such as these:

1. Make it clear that no money will be sought if Elio cannot deliver a car closely matching the promised economy, safety, and comfort.
2. Make it clear that no additional money will be required until your car is produced.
3. Limit the time period of the commitment: "This commitment last until 12/31/18 or the start of full production, whichever comes first." (That's a convenient date; pick your own. Elio can afford to do this because the whole point is to get the ATVM loan. Once they get it, they won't need those formal commitments.

If they made and communicated those changes, I'm sure many more people would feel safe, and thus OK to sign the commitment form.

We on this board are the Elio activists, and many of us have expressed reservations. it's got to be much worse among the 52,000 or so people who do NOT participate in this forum! So it's imperative for EM to address this issue right away.
 

KD

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You don't have to wait! The first post explaining the poll says "Are you locked in, or will you soon lock-in, as Elio needs us to do?"

You certainly qualify!
Well then, I will take care of this pronto! I was feeling sad because I didn't feel it was right to say YES when "legally" I could not. Ha ha. Now I feel much better!!! Go team Elio!
 

Elio Amazed

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Seth, I think you have it backwards -- the point of the exercise is to convince DOE that the market demand for the car is real. It isn't to weed out the not-fully committed, but to identify those who ARE fully committed, and provide that data to DOE.

The problem is that the way they've set up the form and agreement are scary, because they show a one-way street. Elio wants commitment from us, but isn't expressing any limits or commitment on their part. This could easily be fixed; it's mainly a communications problem. As it is, they are going to have a significant wash-out percentage, EVEN AMONG FOLKS WHO REALLY DO WANT THE CAR.

I have written the cognizant people at EM about this, but they don't always want to hear from outsiders, even ones with decades of experience in corporate communications. I hope this time they make some adjustments, such as these:

1. Make it clear that no money will be sought if Elio cannot deliver a car closely matching the promised economy, safety, and comfort.
2. Make it clear that no additional money will be required until your car is produced.
3. Limit the time period of the commitment: "This commitment last until 12/31/18 or the start of full production, whichever comes first." (That's a convenient date; pick your own. Elio can afford to do this because the whole point is to get the ATVM loan. Once they get it, they won't need those formal commitments.

If they made and communicated those changes, I'm sure many more people would feel safe, and thus OK to sign the commitment form.

We on this board are the Elio activists, and many of us have expressed reservations. it's got to be much worse among the 52,000 or so people who do NOT participate in this forum! So it's imperative for EM to address this issue right away.
The all-in deposits = tomato
The signed commitments @ $7000 = tomahto.
The only bustle in the hedgerow here is that the DOE wants to see tomahtos.
 

Bamdalam

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Strictly speaking, you are correct. However, the track record that Elio has compiled, their consistency of design, and everything they have been saying since day one are consistent with the car we want. That is, three wheels, highly efficient, well-built, long lasting and affordable. Your hypothesis that we are buying a pig in a poke, and that the car could be electrical, could be four wheels, or could be anything at all is just plain orneriness.

If Elio wants a commitment from those of us who have made non-refundable deposits, we should just consider that those deposits are in fact a commitment to buy the car, and sign on the damn line without further ado. If you really want to help Elio come to the marketplace, you need to step up. UPDATE: YOU mean ALL OF US. I already know that you (Comtrex) have already stepped up.
Thought you lived in OH EKH. "Pig in a poke"? I thought this region was about the only place on the planet that still used these old mountain sayings. Have you ever lived in the Appalachian area down south? Off topic, I know, but had to ask. On topic. I committed too.
 

Ekh

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Thought you lived in OH EKH. "Pig in a poke"? I thought this region was about the only place on the planet that still used these old mountain sayings. Have you ever lived in the Appalachian area down south? Off topic, I know, but had to ask. On topic. I committed too.
I grew up in the northeast and the closest I got to the south was 4 sweltering years earning my doctorate at U.Va. "Pig in a poke" may be still current in the Appalachians, but its origin is centuries old in England. Poke was a word for "purse" or "sack." I probably learned it from my mother, whose grandmother was in fact southern ... though my mother was Chicago all the way. On my father's side, it's New England from the sixteen hundreds on ... so maybe they used the phrase and maybe not .... but I'm inclined to blame my mother. Neither of them is around to ask, so she probably won't mind if I stick this one on her.
 

Bamdalam

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I grew up in the northeast and the closest I got to the south was 4 sweltering years earning my doctorate at U.Va. "Pig in a poke" may be still current in the Appalachians, but its origin is centuries old in England. Poke was a word for "purse" or "sack." I probably learned it from my mother, whose grandmother was in fact southern ... though my mother was Chicago all the way. On my father's side, it's New England from the sixteen hundreds on ... so maybe they used the phrase and maybe not .... but I'm inclined to blame my mother. Neither of them is around to ask, so she probably won't mind if I stick this one on her.
Yes.. You are correct. This area was cut off from the modern world till the mid 30s when TVA came in. We have Buck Dancing (a mountain folk version of River Dance brought here by the Scoth/Irish settlers), and still use the word "poke" for a sack or bag. Poke, in literature was used by Shakespeare in the play "As You Like It" for the jester's bag. So old English words, songs, and dance still flourish around here. Okay, I'm finished hijacking the thread.:D
 

outsydthebox

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Yes.. You are correct. This area was cut off from the modern world till the mid 30s when TVA came in. We have Buck Dancing (a mountain folk version of River Dance brought here by the Scoth/Irish settlers), and still use the word "poke" for a sack or bag. Poke, in literature was used by Shakespeare in the play "As You Like It" for the jester's bag. So old English words, songs, and dance still flourish around here. Okay, I'm finished hijacking the thread.:D

I'm only about 30 miles south of you. Oh, where do you think the word "pocket" evolved from? :becky:
 
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