January 15, 2015 Delay And Delay Repercussions Discussion - All Others Will Be Combined!

[LillyMayPatterson #1685 & #5648]

I wonder, if half of the reservists up our deposits to $7,000.00, would it be enough to get this project off the ground?

 

[Ekh]

Did I miss something? Is Elio motors going to fold? If so, how do you know

My sources at Elio don't think so.

 

[BilgeRat]

It's EZ to understand why your faith in Elio is Wayning especially if you spent your last $491 and moved to Texas. It will all get better, give it time. We are here to support you!!

Beautiful! All you missed was www.paulrobbedus.com...

 

[Ekh]

Agree!!! If it sounds too good to be true, it is. If you are young and can afford to wait. go for it. For us over 65ers, I will plan on keeping my Spyder. I refund would be nice since I just sent in my $100 a few weeks ago, when you know Elio saw the writing on the wall.

Non-refundable means you're taking a chance. You're still taking a chance; Elio hasn't folded, and IMO, isn't likely to, at least not for the next 9 months. By that time the ATVM loan decision will have been made. If it's a "no," and there are no other big deals or investments pending, you can start wailing. But that's a ways off.

Additionally, you cannot in conscience ask for a refund on a non-refundable deposit because the start up is slipping deadlines. Grow up, all you screamers out there. If you're sure Santa Claus is dead, well, take your lump of coal in stride. The rest of us will be waiting at least til the Easter Bunny fails to show.

 

[Ekh]

That particular engine will be run to failure. Actually, the oil and coolant will be removed a little at a time until catastrophic failure. That's from Elio. They said this engine would never be on the road.

That's accurate, but they might want to think about changing their minds about that particular engine. Putting it in the P4 (if it will fit) would be a good stunt -- run it in the P4 for a month or two, ungoverned to 35mph like the current engine, and see what its real-world performance looks like -- THEN submit it to destructive testing. Elio, are you listening?

 

[Ekh]

I'm in. I didn't invest more than I could afford to lose. And I'm not sure this project is doomed ... my little birdie tells me good things are happening, and happening quickly, but can't be released prematurely. My little birdie is guarded, but has not been untruthful, ever. Besides, mine is a non-refundable deposit, so I'm on board by default -- no way to get it back, so why leave?

the sky has not yet fallen, all you little chickens out there.

 

[charchri4]

It's time for Elio Motors to use all their remaining cash to offer refunds to any & all deposit holder's that make that request...

It's the ethical thing for Mr Elio to do given the current low probability that the Elio Vehicle will come to market...

And those that still wish to remain in line...can certainly do so...and keep their deposits in place...

Refunds would be pretty silly since the reservation numbers keep going up. I tell you what you back out and I'll bump mine from 100 to 500 and Elio will be even.

 

[charchri4]

I wonder, if half of the reservists up our deposits to $7,000.00, would it be enough to get this project off the ground?

I like the way you think!!!

 

[Ekh]

Agree!!! If it sounds too good to be true, it is. If you are young and can afford to wait. go for it. For us over 65ers, I will plan on keeping my Spyder. I refund would be nice since I just sent in my $100 a few weeks ago, when you know Elio saw the writing on the wall.

Delay does not equal kaput. Maybe it will be kaput, but not now, not yet, and maybe not ever.

 

[TexasElio]

Why all the consternation? And why the surprise? There could no more difficult business to launch than a car company. Thousands of moving parts. The delays are not only expected they're reassuring. Elio obviously wants to get this right. Relax and enjoy the development phase.

Mr Elio has been in business since 2008...he's been given a chance...and he's never demonstrated the leadership to bring the Elio concept to production...

250,000 annual units...$6,800 base price...49/84 MPG...and a 5 Star saftey rating...all just unrealized marketing promises...