I've have a non-refundable deposit placed years ago, and I'm finally growing weary from all the delays.
And now Elio is asking me to recommit by signed a silly agreement, really?????
Anyone who gets caught up by the short-term pricing of $7000/$7300 is missing the point.
Elio needs firmed-up orders now, in order to keep is government loan illusion alive. In order to take orders, Elio needed to establish a retail price.
Okay, done. For now. Temporarily. Until further notice.
Elio's only viable strategy was to price the vehicle close to its targeted price, in order to maintain the illusion of trust within the customer base and induce their follow-through.
Elio's clever offer benefits by not having to promise a deliver-by date.
Either by bankruptcy or by success, when the future time comes for any delivery accountability, there will be a clear resolution either (1) via the court system, or (2) via Elio's successful production launch.
Now, back to the $7000 that has people fixated. Think of a $7000 price as a temporary "loss leader" having absolutely nothing to do with the eventual pricing that any reservation holders will be expected to pay if they fail now to firm up their order.
Elio has made NO price promise to any group except to any of the first 65,000 reservation holders who will agree to an ironclad commitment to their deal.
If this ever flies, an Elio will likely carry a retail price significantly higher than the order-now $7000 "deal" at hand.
Remember, this deal has only one purpose: to generate enough irrevocable orders to keep the government interested in funding a massive loan. This is not about selling consumers cars and a fair price. As we've seen at every turn, consumers are once more being played as pawns.
Hopefully the government will walk away and insist that Elio secures private funding.
I will not sign their silly commitment order, they already have my $1,000, that should be enough!
And now Elio is asking me to recommit by signed a silly agreement, really?????
Anyone who gets caught up by the short-term pricing of $7000/$7300 is missing the point.
Elio needs firmed-up orders now, in order to keep is government loan illusion alive. In order to take orders, Elio needed to establish a retail price.
Okay, done. For now. Temporarily. Until further notice.
Elio's only viable strategy was to price the vehicle close to its targeted price, in order to maintain the illusion of trust within the customer base and induce their follow-through.
Elio's clever offer benefits by not having to promise a deliver-by date.
Either by bankruptcy or by success, when the future time comes for any delivery accountability, there will be a clear resolution either (1) via the court system, or (2) via Elio's successful production launch.
Now, back to the $7000 that has people fixated. Think of a $7000 price as a temporary "loss leader" having absolutely nothing to do with the eventual pricing that any reservation holders will be expected to pay if they fail now to firm up their order.
Elio has made NO price promise to any group except to any of the first 65,000 reservation holders who will agree to an ironclad commitment to their deal.
If this ever flies, an Elio will likely carry a retail price significantly higher than the order-now $7000 "deal" at hand.
Remember, this deal has only one purpose: to generate enough irrevocable orders to keep the government interested in funding a massive loan. This is not about selling consumers cars and a fair price. As we've seen at every turn, consumers are once more being played as pawns.
Hopefully the government will walk away and insist that Elio secures private funding.
I will not sign their silly commitment order, they already have my $1,000, that should be enough!