Confused About Lock In

[TCBronson]

I too got the letter from Paul about the final price of an Elio at $7300 and was under the impression that as a $1000 non refundable all in that the $7300 would be my price, minus the incentives offered earlier. Now I see a link in one of the threads that has you go to the Elio Motors website and if you commit to lock in you can get the $7000 price. This is the link, https://www.eliomotors.com/lockin/

If I did not read about this here on this forum, how would I know to go to that site and save $300?

 

[Ty]

I too got the letter from Paul about the final price of an Elio at $7300 and was under the impression that as a $1000 non refundable all in that the $7300 would be my price, minus the incentives offered earlier. Now I see a link in one of the threads that has you go to the Elio Motors website and if you commit to lock in you can get the $7000 price. This is the link, https://www.eliomotors.com/lockin/

If I did not read about this here on this forum, how would I know to go to that site and save $300?

Because the email said to. It stated that if you committed, you would get an additional $300 off.

 

[booboo]

I too got the letter from Paul about the final price of an Elio at $7300 and was under the impression that as a $1000 non refundable all in that the $7300 would be my price, minus the incentives offered earlier. Now I see a link in one of the threads that has you go to the Elio Motors website and if you commit to lock in you can get the $7000 price. This is the link, https://www.eliomotors.com/lockin/

If I did not read about this here on this forum, how would I know to go to that site and save $300?

If you got the same letter from Mr. Elio as me, "Elio Motors Locks In Its Price", it stated all the information about 7K, 7.3K and reasons for committing.

 

[TCBronson]

I guess I didn't read the letter close enough. I hope others don't make the same mistake I did. Interesting my brother got the same letter and didn't understand it either.

 

[KenK]

I guess I didn't read the letter close enough. I hope others don't make the same mistake I did. Interesting my brother got the same letter and didn't understand it either.

You are not alone... pretty sure I gave it a quick glance, and paid little attention since I was already all-in. Thanks to this forum for getting me to realize there was more to it.

 

[TCBronson]

You are not alone... pretty sure I gave it a quick glance, and paid little attention since I was already all-in. Thanks to this forum for getting me to realize there was more to it.

Yes if it wasn't for this forum my brother and I probably would have paid an additional $300!

 

[Jeff Porter]

Yes if it wasn't for this forum my brother and I probably would have paid an additional $300!

It's proof that it is worth your time to read things carefully.

 

[Coss]

One item I don't think anyone has picked up on yet (probably because everyone has been running around in a Code Red panic state of confusion) is that I think it's great that besides giving us a new transportation option, signing bonuses, additional bonuses for the early adopters, another $300 bonus for simply stating one addition "I Want It", t-shirt and priceless bumper sticker (ok, maybe not priceless), shares in the company that have almost doubled already, on a new "car" that is going to be almost 1/2 of what all other new cars, Paul has made sure that those that have backed him are rewarded.
What other car company has ever done that for anyone?

So 3 simple words: Thank you Paul.

 

[Folks]

Shuuuuussshhh? Don't let this out; I would pay much more for this vehicle should it become necessary. Shuuuusssssh? So I just went over there and locked the price in anyway. I feel like I'm stealing at these prices. LOL https://www.eliomotors.com/lockin/

 

[vietvetx2]

Up $500, a little over 7% over how many years? I don't see a problem with that.
I do have a question though about he $1000 I put down in my commitment. I didn't expect it to be held in escrow but to be used to help finance the enterprise. Am I correct that $1K will be deducted from the vehicle price when my Elio is delivered?