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$7300 Final Price

Discussion in 'Elio Reservations' started by DAVID BROWER, Aug 12, 2016.

  1. DAVID BROWER

    DAVID BROWER Elio Addict

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    I GOT A LETTER FROM PAUL ANNOUNCING THE FINAL PRICE FOR THE
    ELIO WILL BE $7300 .

    FOR NON -REFUNDABLE RESERVATION HOLDERS , IT WILL BE $7000 .
    SO THAT PUTS IT WITHIN 200 BUCKS OF THE MUCH TOUTED $6800
    FOR MOST OF US .

    I CAN LIVE WITH THAT .

    ELIO_LOGO_R_2328x1144.jpg



    August 12, 2016


    Hello DAVID,

    Over the last few months, progress has been accelerating. We have shared several major milestones that we have achieved recently including publicly listing our stock, launching our innovative new ePlus mass personalization system, and unveiling the E1A, the first in a series of engineering vehicles utilized for final testing and validation purposes. As we move closer to production, our financial team is working diligently to secure the next round of funding that will help us put Elio vehicles on the road.

    Locking in the Price for Non-Refundable Reservation Holders, $7,300*

    Based on our current engineering models and materials calculations at this juncture, we will lock in the base price for “non-refundable” reservation holders at $7,300* until we reach 65,000 total reservations (all reservations, both non-refundable and refundable). Given the current expectations, this price supports our vision and provides the most affordable vehicle option on the market.

    Added Incentive for Binding Agreements, $7,000*
    As an added incentive, and to further demonstrate our market acceptance, Elio Motors will offer a reduced base price of $7,000* for “non-refundable” reservation holders who make a binding commitment to purchase the vehicle, a savings of $300.

    Until we reach 65,000 total reservations, “non-refundable” reservation holders will receive the following:

    • Locked Price: $7,300* for a base model vehicle for “non-refundable” reservation holders, until we reach 65,000 total reservations. No action required if you currently have a “non-refundable” reservation.
    • Special Incentive to obtain Lower $7,000* Locked Price: Until we reach 65,000 total reservations, an added incentive for “non-refundable” reservation holders will be a locked price of $7,000* for a base model vehicle for “non-refundable” reservation holders that make a binding commitment to purchase.
    If you are a “refundable” reservation holder, your reservation remains unchanged. If you would like to convert your reservation to a “non-refundable” reservation and lock in the price, click here.

    As I have previously shared, the ATVM program is not a breaking point for Elio Motors. However, based on our projected impact on the market and the economy, it is a program that we believe was custom designed for a company like ours. Therefore, our hope is that the implementation of the above steps will satisfy the recently revised ATVM requirements, resulting in Elio Motors being awarded an ATVM loan.

    The entire Elio Motors team wants to thank you for your continued faith and support in our project. This is an exciting time in our history and we are grateful to have passionate fans like you along for the ride.

    Sincerely,

    Pauls-Signature-001_BW.jpg

    Paul Elio
     
    Bamdalam, Terrence, Coss and 6 others like this.
  2. CompTrex

    CompTrex Elio Addict

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    But what do we do to lock in the $7000? Looks like they are finally committing to a price, but in turn, we have to commit to purchase. The site is down, so I can't figure out exactly what that means.
     
    acamara likes this.
  3. CompTrex

    CompTrex Elio Addict

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    If we are currently $1000 all-in, we do nothing and we get the $7300 price. But if we commit to purchase, we can get the $7000 price. But again, site is down so I don't know exactly what that looks like.
    Also, wouldn't it be nice if on our accounts page, it showed us our bonus'. There have been two bonus' since I started this journey; the initial, one then another one. I can't remember the actual numbers. It would be nice if the accounts page reflected that...
     
    TCBronson, Bamdalam, Bert and 4 others like this.
  4. Injunjoe

    Injunjoe Elio Addict

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    I logged into my account but cannot find a way to confirm my commitment to purchase.
     
    TCBronson and acamara like this.
  5. CompTrex

    CompTrex Elio Addict

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  6. bunchathrees

    bunchathrees Elio Addict

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    Cocked and Locked.
     
  7. DrewBarfield

    DrewBarfield Elio Enthusiast

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    Click the link in the email that says "click here for All In “non- refundable” reservations". I think the link is unique to each email.

    "Thank you for completing the binding agreement. Your price will be locked at $7,000 upon verification of an All In non-refundable reservation."
     
  8. mikebhouston

    mikebhouston New Member

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    Completed at $7,000. Glad to hear it's locked in now. Guess they need to update the website and take down the $6,800 price.
     
    Jambe, TCBronson, Bamdalam and 4 others like this.
  9. Sidecar Bob

    Sidecar Bob Elio Addict

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    I was able to lock mine in also.
    The FUN continues !!
     
    TCBronson, Marshall, Bert and 3 others like this.
  10. HonestTex

    HonestTex Elio Addict

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    I'm in.:thumb:
     

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