Hello From Sunny Northern California

[Ron Wessels]

I am really excited about the Elio. My Honda ST1100 is closing in on 100,000 miles and I am hoping/planning to replace it with the Elio.

Can anyone tell me if the non-refundable deposit is risk capital or does it simply mean that if I do not buy a Elio I lose my deposit. Conversely, if Elio never gets to market do I lose my deposit?

 

[Okuma]

I am really excited about the Elio. My Honda ST1100 is closing in on 100,000 miles and I am hoping/planning to replace it with the Elio.

Can anyone tell me if the non-refundable deposit is risk capital or does it simply mean that if I do not buy a Elio I lose my deposit. Conversely, if Elio never gets to market do I lose my deposit?

Welcome to the site Ron! I'm not 100% sure but I believe an "all-in" deposit is gone if they don't come to market, but I could be mistaken.

 

[Ron Wessels]

Thanks for the 411. Is there any way I can find out for sure? I would like to do an all-in $1K deposit, but is there anything I can read in the way of a business prospectus if this is risk capital?

 

[Robert McWhirter]

Welcome

 

[Ron Wessels]

I can't wait either. I need to replace my Honda ST1100 that has almost 100K miles on it.

 

[bird]

Welcome
I'm thinking non-refundable is a gamble. If nothing happens at all we all lose. I'm replacing my Honda also, not because of miles. Just want something to cruse in, all year, in all kinds of weather. My leathers are OK but in Illinois, cold is cold.

 

[Ron Wessels]

Not much of a cold issue in Nor-Cal, but the mileage, car pool lane and price is very compelling. I put in my $100 all-in deposit, but I plan to increase the amount when I hear more about how Elio is progressing. I really do want want now. :]

 

[dgruis]

I am really excited about the Elio. My Honda ST1100 is closing in on 100,000 miles and I am hoping/planning to replace it with the Elio.

Can anyone tell me if the non-refundable deposit is risk capital or does it simply mean that if I do not buy a Elio I lose my deposit. Conversely, if Elio never gets to market do I lose my deposit?

It was to me: a) I got the free t-shirt and bumper sticker (a $9 value), b) It is worth the risk to help push it to be built. I wore my t-shirt to work yesterday and many asked me about it. When I explained and said 84 mpg for $6800 most of them said they would seriously consider one.

 

[Ron Wessels]

I'm interested and willing to upgrade to the $1K all-in deposit, but I will probably wait a few more months and see how things progress.