• Welcome to Elio Owners! Join today, registration is easy!

    You can register using your Google, Facebook, or Twitter account, just click here.

The Talk Me Into $1k Thread

Kuda

Elio Addict
Joined
Feb 24, 2014
Messages
2,104
Reaction score
4,750
Location
NC
LOL, I can see it now...all of these poor commuters sitting in "gridlock" with their heads all angled to the left, watching the HOV lane, as Elios wizz by, all reaching their destination "on time" & in "air conditioned" comfort! :cool: :cool: :cool:
images?q=tbn:ANd9GcQqf0CXB10lAX_wwnjLzaTx8h7i2ihC14hYBel4Mn79i3EZdng.jpg
 

fpelsdca

Elio Addict
Joined
Jun 5, 2014
Messages
159
Reaction score
471
Location
San Diego, CA
can buy a elio car with fire credit?, Financing?
You can not buy an Elio until next fall when production is scheduled to start. Right now you can use your Credit Card to place your reservation for an Elio, from $100 to $1,000, your choice. You can reserve either "Refundable" or "All-in". If you go the "All-in" route, you will get a 50% bonus on your reservation (your $1,000 all-in reservation will be worth $1,500 when you take delivery of your Elio).

One of the financing payment options being talked about by Paul Elio is to get one of their credit cards to buy all your Elio gas with. Since you will be getting much better gas mileage with the Elio you will be spending less money on gas. Therefore what Paul offered is that you pay for the Elio by paying three times the amount of gas purchase on the credit card, the extra two times will be the loan payment. The idea is that you can pay for the Elio by your savings on gas.

For example, you fill up the Elio with 5 gallons of gas at $4 per gallon, so you charge $20. When you see your credit card statement you will see that you owe $60, $20 for gas and $40 for loan payment. This would work for anyone who wanted the new Elio to replace their old clunker who could not afford a new car.

Hopes this helps.
 

amwinkle

Elio Aficionado
Joined
Aug 17, 2014
Messages
74
Reaction score
240
Location
Naples Florida
You can not buy an Elio until next fall when production is scheduled to start. Right now you can use your Credit Card to place your reservation for an Elio, from $100 to $1,000, your choice. You can reserve either "Refundable" or "All-in". If you go the "All-in" route, you will get a 50% bonus on your reservation (your $1,000 all-in reservation will be worth $1,500 when you take delivery of your Elio).

One of the financing payment options being talked about by Paul Elio is to get one of their credit cards to buy all your Elio gas with. Since you will be getting much better gas mileage with the Elio you will be spending less money on gas. Therefore what Paul offered is that you pay for the Elio by paying three times the amount of gas purchase on the credit card, the extra two times will be the loan payment. The idea is that you can pay for the Elio by your savings on gas.

For example, you fill up the Elio with 5 gallons of gas at $4 per gallon, so you charge $20. When you see your credit card statement you will see that you owe $60, $20 for gas and $40 for loan payment. This would work for anyone who wanted the new Elio to replace their old clunker who could not afford a new car.

Hopes this helps.
I totally do not like credit cards, but i never thought of the reserve with the credit card. Does anyone know how long it takes to get a credit card in the mail.... I mean do you think i could get it before the Sep. 1 deadline... my score is 820 lol so u know I think i am ok.
 

fpelsdca

Elio Addict
Joined
Jun 5, 2014
Messages
159
Reaction score
471
Location
San Diego, CA
I totally do not like credit cards, but i never thought of the reserve with the credit card. Does anyone know how long it takes to get a credit card in the mail.... I mean do you think i could get it before the Sep. 1 deadline... my score is 820 lol so u know I think i am ok.
You can also use a Debit card that is also "VISA" or "Mastercard".
 

Jeff Porter

Elio Addict
Joined
May 20, 2014
Messages
2,086
Reaction score
5,343
Location
Norton, KS; halfway between Kansas City and Denver
I totally do not like credit cards, but i never thought of the reserve with the credit card. Does anyone know how long it takes to get a credit card in the mail.... I mean do you think i could get it before the Sep. 1 deadline... my score is 820 lol so u know I think i am ok.

Just get on the phone with the credit card company, tell them your objectives, I bet they'd move heaven and earth so that you could get things done. :-)
 
Top Bottom