Why Is Elio Already Offering Rebates?

[EZ]

my suggestion is if we REALLY want an Elio in our driveway, NOW IS THE TIME TO STEP UP WITH OUR WALLETS AND INVEST !
each person puts up their $6800.00

6800. x 37,000 = $250 MILLION !

we all get our vehicles !
factory is buzzing
we are all there when history is made ..

or we can wait , but if the next few weeks show continued drop in the "investment non-refundable deposits" there is no way they will secure Government backing, that ole "window of opportunity" is closing

the stock market is where investors will keep going, and we will all be left with (another) TSHIRT

YIPPEE !

Elio gives US the same security they would (will) give the Government with fully refundable secure investment status

the 37,000 are built and we are off to the races, maybe even making equity with our investments ..

Can't wait for "Happy New Year" and another photo of the Elio in the snow ..

Apple at $20.00

off to the beach for sunset with the dogs

 

[EZ]

Let's not confuse objectionable and objectivity.

REALITY ,

 

[CheeseheadEarl]

I knew I'd seen texas elio's writing style and arguments somewhere before. Welcome back pj rogers!

 

[imageon]

Merry Christmas to everyone!

I was reviewing Elio's website yesterday...and could not help but notice they're offering incentives (rebates) to promote per-orders.

After spending 30 years in the automotive industry...it's highly unusual that a vehicle manufacture would ever start discounting a new line of vehicle before they are in production!

Every price incentive (rebate) is done for a reason...manufacturers are not in the business of giving away money for nothing.

So...why would Elio be offering this generous financial incentive...and why only on non-refundable deposits?

Is this rebate a signal that Elio Motors is starting to feel a noticeable slowdown in the rate of new pre-orders...or a sign that the current cash flow is not meeting operating & vehicle development expenses?

Selling a $6,800 vehicle for $6,300 before it even coming to market would not seem to make prudent economic sense...it's tough enough to have a decent profit margin on a $6,800 vehicle.

When a automobile manufacture starts offering rebates...it's usually an indication that consumer demand is weak...

Wow...this is a very interesting scenario...what does everyone think?

If there is a slowdown in $1000.00 deposits it is only because of the slowdown caused by the testing of the engine. Rest assured that it will pick up when testing is finished around March and the Spring build of P-5 comenances.
MK

 

[EZ]

No brainier for us, $500 bonus-rebate means less money out of my pocket on the final cost of my Elio. Why then only $500? The projected profit is only $1000 per base model vehicle, so I'm getting half of EMs profit on my base model vehicle. Please name another auto manufacturer who will bonus-rebate you 1/2 of their profit on a base model vehicle. Oh wait, they don't make enough base model vehicles to rebate- bonus anyone anything!

please
who said "projected profit $1000. ???" who said this ? fact or fiction ??

 

[EZ]

If there is a slowdown in $1000.00 deposits it is only because of the slowdown caused by the testing of the engine. Rest assured that it will pick up when testing is finished around March and the Spring build of P-5 comenances.
MK

what about gas under $2.00 a gallon ?
what about starting year 7 ?
what about continued discounts ?
is it really JUST the engine that is slowing down deposits ?
JUST THE ENGINE ??????

who said Spring the engine will be ready ?
who said there will be P-5 ?? where is this coming from ?

I cannot find that anywhere in the Elio website ??

 

[EZ]

No brainier for us, $500 bonus-rebate means less money out of my pocket on the final cost of my Elio. Why then only $500? The projected profit is only $1000 per base model vehicle, so I'm getting half of EMs profit on my base model vehicle. Please name another auto manufacturer who will bonus-rebate you 1/2 of their profit on a base model vehicle. Oh wait, they don't make enough base model vehicles to rebate- bonus anyone anything!

Why then only $500? The projected profit is only $1000 per base model vehicle, so I'm getting half of EMs profit on my base model vehicle.

where did this "fact" come from, I cannot find it ?

 

[Ty]

my suggestion is if we REALLY want an Elio in our driveway, NOW IS THE TIME TO STEP UP WITH OUR WALLETS AND INVEST !
each person puts up their $6800.00

6800. x 37,000 = $250 MILLION !

we all get our vehicles !
factory is buzzing
we are all there when history is made ..

or we can wait , but if the next few weeks show continued drop in the "investment non-refundable deposits" there is no way they will secure Government backing, that ole "window of opportunity" is closing

the stock market is where investors will keep going, and we will all be left with (another) TSHIRT

YIPPEE !

Elio gives US the same security they would (will) give the Government with fully refundable secure investment status

the 37,000 are built and we are off to the races, maybe even making equity with our investments ..

Can't wait for "Happy New Year" and another photo of the Elio in the snow ..

Apple at $20.00

off to the beach for sunset with the dogs

Reservations are just to prove to suppliers there is a market. They also function to keep Elio in the news.
Paul Elio would rather have a loan than investors who want a piece of the business. That is the reason for the wait.
It doesn't make sense to keep beating the proverbial dead horse. Most of the preservationists are either at $1,000 or $100. There aren't many in the middle. Reservations were NOT intended to supply seed money to start the company.

The All-in reservations are available for Elio to use now. The Want-in reservations are NOT available for Elio to use.

 

[Bert]

please
who said "projected profit $1000. ???" who said this ? fact or fiction ??

It has been stated in several places. About a grand for expenses, another grand profit. The Bonus cuts the profit in half.

As far as slowing deposits, let us get past the Holidays before getting too excited about it. Next Month Peoples budgets can get back to normal..

 

[CrimsonEclipse]

I knew I'd seen texas elio's writing style and arguments somewhere before. Welcome back pj rogers!

DING DING DING!!!!

We have a winner!!!

TexasElio = EZ = PJRogers

He even self quoted incorrectly in his last incorrect response to me.