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They may have a higher rate of default, thefts, and insurance losses (without GAP insurance). Also more difficult to repo, and probably lower value to resell after being repo'd.

I think the credit card financing will be a much better option if a large down payment is applied. As speculated, it will likely have a higher interest rate than a conventional loan from a bank or credit union. I agree it will be a better option for those not qualifying for conventional...

The Elio is primarily designed to be a commuter car. If you can't find your way to work one day to the next ..... With the factory spec'd radio having an iPhone/Android interface, there should be no reason to use anything but a smartphone/iPhone. The system is already in place to utilize their...

Sorry - should have clarified this better. By hubub, I mean the seeming panic displayed by some reservation holders worrying about this now. IF there isn't progress made in this area by next year when the Elios are beginning to be produced, then there may be reason to worry.

I don't understand why there is so much hubub about this now. This time next year - more appropriate for the seeming panic about this issue if things haven't been ironed out.

Yep, I'm in at $100. I figure there's many ways I could blow $100, so if they fold, no big loss. I didn't jump in a $1k because I felt $100 was a prudent investment until further progress is made. If you are so worried about your investment, you should have thought ahead and opted for the...

Cluck cluck chicken little. "Think about it, they lied about securing space in LA" "Now we find out they did not Have any signed contract where claiming to build this vehicle." Stop spreading false information, troll.

Your claims are completely unfounded. They had been taking deposits long before they signed the lease in mid-Jan. My impression after watching the news segment is that they may have been wanting more than the 1.1Msqft later for expansion. If all the extra space is leased to other companies...

Louisville slugger to the kneecap? OK, OK, seriously. Both kneecaps.

Yep, plenty of time for changes to legislation and/or classification. Maybe some here should be grateful for the delays instead of .... well ... you know.

The margin may be <$1000 for the first couple years, but, options are where they'll make bank. After the first year or two, they'll be able to increase pricing to increase their margin. Plus, as they produce more cars, the component cost per unit may have a negotiated decrease, also increasing...

You're assuming there is a speck of common sense in the state gub'ments, who will ultimately determine the Elio's classification. It will not surprise me a bit if many states do require a MC license. MSF courses are very easy to pass, even provide the small displacement motorcycles. My son and...

"These items are non-negotiable for the Elio to have a fighting chance.." I disagree. The last I read only a few states still have helmet laws which could deter purchases. Whether an Elio requires an automobile or motorcycle license is of no consequence. If it requires a motorcycle license...

With the filler on the right side, no worries about slamming the door into a concrete safety post next to the pump, especially if it's windy. It can also be a deterrent for people getting in/out while filling (at least in left-side-drive vehicles), which can generate static electricity that...

As others have stated, this is bunk. The cars you reference certainly don't have a remote start system installed.

Yes, many have home docking stations.

I don't know if there will be enough real estate to utilize a 7" motorized screen. It may hit the steering wheel when opening.

Depends on what type of kit you're referring to. 1. Sourcing your own drivetrain, wheels/tires, etc. 2. Complete ready-to-assemble kit (Only Requires Three Hand Tools!! LOL). I don't think the cost savings would be there for me to jump at it; have too many project irons in the fire now.

The problem with venture capitalists is they want a huge percentage of ownership. With one or two investors, Paul may only retain 10% ownership, just enough to be considered a major owner and retain corporate voting rights.