Bonus

[ElioDigger]

I remember when I went all in I got a 50% bonus for doing so... Also, I am trying to remember the details on a second bonus we got for time in line. Did I dream this or an I just losing my mind?

 

[LillyMayPatterson #1685 & #5648]

Hi ElioDigger ! I haven't seen you for a while. Naw, your not dreaming. It was real.

 

[HonestTex]

Details are in an email from Paul dated June 10th. Can't attatch it, but bonuses were 15%, 20%, or 35% depending on how long you've had your reservation.

 

[NSTG8R]

Here's the email HonestTex was referring to:

Dear Kevin,

As many of you know, the journey of bringing the Elio to market has been an awesome undertaking in which many milestones have been achieved. The engineering is almost complete, the factory is secured, our supplier and service partners are engaged, and we have multiple opportunities for funding to finish the project.

As I have stated in many interviews, the Elio isn’t just about its fuel efficiency or low price, there is no magic to achieving those goals, it’s about the people. The Elio is about the reservation holders that support the project, the many suppliers that have come together to making this happen, the immediate impact on our environment and most importantly bringing back American manufacturing jobs. We think all of the success in engineering, partnerships and support to this point is because the Elio is much more than just a vehicle; it is a movement.

We want to say thank you for your support as well as your understanding of the magnitude of our project. The thank you, which is effective today, is in an additional reservation bonus for those of you that have been with us the longest.

• If your All In reservation or upgrade was made before January 1st, 2014 we will give you an additional 35% when you come buy your Elio. So, instead of receiving 50% bonus on top of your All In reservation amount, this elite group of reservation holders will be receiving 85% of your reservation amount as a thank you for believing in the vision and giving us your support from the very beginning.
• If you have an All In reservation or upgrade from January 1st, 2014 through June 30th 2014, we will add 20% to your reservation bonus taking it to a total of 70%.
• The final group that will receive the reservation and upgrade bonus is for those All In reservation holders from July 1st through December 31st, 2014. If you are in this group, you will receive an additional 15%. This will take your reservation bonus up to a total of 65%.

The reservation bonus is from Elio Motors and it will be reflected in your final invoice for your Elio. The system date for your All In reservation or upgrade will be automatically reflected when you purchase your Elio.

If you have any questions, please email us at the reservation holders only support email - futureowners@eliomotors.com.

Again, thank you for believing in and supporting Elio Motors,

Paul Elio

 

[Ty]

Here's the email HonestTex was referring to:

Dear Kevin,

As many of you know, the journey of bringing the Elio to market has been an awesome undertaking in which many milestones have been achieved. The engineering is almost complete, the factory is secured, our supplier and service partners are engaged, and we have multiple opportunities for funding to finish the project.

As I have stated in many interviews, the Elio isn’t just about its fuel efficiency or low price, there is no magic to achieving those goals, it’s about the people. The Elio is about the reservation holders that support the project, the many suppliers that have come together to making this happen, the immediate impact on our environment and most importantly bringing back American manufacturing jobs. We think all of the success in engineering, partnerships and support to this point is because the Elio is much more than just a vehicle; it is a movement.

We want to say thank you for your support as well as your understanding of the magnitude of our project. The thank you, which is effective today, is in an additional reservation bonus for those of you that have been with us the longest.

• If your All In reservation or upgrade was made before January 1st, 2014 we will give you an additional 35% when you come buy your Elio. So, instead of receiving 50% bonus on top of your All In reservation amount, this elite group of reservation holders will be receiving 85% of your reservation amount as a thank you for believing in the vision and giving us your support from the very beginning.
• If you have an All In reservation or upgrade from January 1st, 2014 through June 30th 2014, we will add 20% to your reservation bonus taking it to a total of 70%.
• The final group that will receive the reservation and upgrade bonus is for those All In reservation holders from July 1st through December 31st, 2014. If you are in this group, you will receive an additional 15%. This will take your reservation bonus up to a total of 65%.

The reservation bonus is from Elio Motors and it will be reflected in your final invoice for your Elio. The system date for your All In reservation or upgrade will be automatically reflected when you purchase your Elio.

If you have any questions, please email us at the reservation holders only support email - futureowners@eliomotors.com.

Again, thank you for believing in and supporting Elio Motors,

Paul Elio

Hey, I forgot about this! I went all-in for $1,000 on April 25, 2014 so that's 20% added to that $900... and I had gone in $100 on December 13, 2013 which should earn the 35%.

$100 + 85% = $185
$900 + 70% = $1530

and then $185 + $1530 = $1,715!
I was thinking I had $1,500 down towards my Elio at a cost of $1,000 to me. But, it looks like I was off by $215. Merry Christmas to me!

(notice I could only wait 4 months between my initial deposit and getting a spot in line. I don't know how many people got in line between those dates but my number is 3898. Man, it could have been in the first 1,000 maybe if I had just gone in $1,000 to begin with!)