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Hoping This Goes Through All The Way.

Do you think I should just put forth the all-in $100 reserve?

  • Yes do it! No risk equals no reward!

  • No save your money up and get a different car.

  • Wait for a bit... and save up the money for it for when it hits production.


Results are only viewable after voting.

Otacon

Elio Fan
Joined
Jun 30, 2015
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Location
Bullhead City
Im a little sketchy at the moment because money to me doesnt grow on trees. I will still probably invest in this thing sometime soon just might need a little more persuasion because of my finances and circumstances. I love the idea of this thing and if it were a car on the road today getting even 60mpg for this price I would sign on the dotted line immediately. But as we all know because it is just starting the p5 and the crash tests and such that its still an iffy bet. I want this thing to go through all the way and hope it succeeds because I need a car like Elio.

My current work situation will be shifting here in a couple of weeks once I get permanent status. And once that shift occurs I will be doing alot of miles on the road over a weeks time. 55.7 miles one way to work and back equals 111.4 miles every day that my poor little 97 Hyundai with 250k miles on it probably wont be able to keep up with. With an estimated 2228 miles a month coming my way I am getting more and more nervous about breakdowns vehicle repair costs or even the cost of a new vehicle. This is where the Elio would literally save me.

For one I rarely ever drive with more than just me in the car since I am a single male in his late 20's and all the friends have their own vehicles. So having only a two seat car makes sense. Two the gas mileage is a duh in this situation and needs no further explanation. Three the fact that this is a new car and will have a warranty at such a cheap and affordable price is another no brainer. It would save me thousands on the purchase of yet another crap older car that has no warranty and such. Hell just the savings in vehicle repairs for 36k miles would save me enough money. Fourth I was thinking about just getting another motorcycle for work but again this wouldnt work as I work in Security. My uniforms have to look nice and neat without any sweat (I live in Arizona) and my hair has to also be neat kept meaning no helmet hair. Having an enclosed vehicle is a must for a commuter car and having AC in the heat of the Arizona desert is just one of those things noone should live here without. And last I would like to say that this car would drastically help in the credit department. One area that I have royally screwed up and would like to fix before I am too old to ever get credit again.

All in all I would like your guys opinion on what I should do. My father already thinks the Elio will possibly never be made (probably from reading some of the negative comments online) and hasnt really swung either way himself at the moment. But I want to know what others would do in my situation? What made you just jump and put forth your hard earned money into this cause? Again I love the idea and love the car and the concept of an affordable, new, economical car. But is this too good to be true?
 

Ian442

Elio Addict
Joined
Jan 26, 2015
Messages
754
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1,196
Location
York, PA
Otacon,

Welcome. I like you am excited but haven't thrown a financial hat in the the ring because every time i think there's an extra hundred to do so something has to be paid. My 2005 Sunfire has 235,000 miles on it, and I drive 130 miles round trip daily to my primary job plus deliver pizza up to 4 nights a week as well which could be up to another 150 plus miles sometimes.

Keep changing your oil regularly, watch your fluids especially anti-freeze. keep an eye on your fries and you should be good. Most of today's cars are good to go beyond 300,000 plus miles before major maintenance (engine overhaul) is even needed.
 

Johnny Acree

Elio Addict
Joined
May 12, 2014
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My thought is,, @ the $100.00 level, you are @ the end of the line any way. One year from start of production. I would bet there will be Elios available, "used" before then. You may have to pay a premium. You know, supply vs demand. The longer you wait the more Elios there will be the cheaper they will be.
 

Critter

Elio Addict
Joined
Feb 5, 2014
Messages
215
Reaction score
556
Location
Knoxville, Tn
My brother went in at $100 refundable to get a place in line at the end, and possible lock in the price. He learned with the Mazda Miata ,thought the wait and buy later option on the Mazda Miata, and the price soared once the Miata was available to the general public. He never got one...
 

Jeff Porter

Elio Addict
Joined
May 20, 2014
Messages
2,086
Reaction score
5,343
Location
Norton, KS; halfway between Kansas City and Denver
Im a little sketchy at the moment because money to me doesnt grow on trees. I will still probably invest in this thing sometime soon just might need a little more persuasion because of my finances and circumstances. I love the idea of this thing and if it were a car on the road today getting even 60mpg for this price I would sign on the dotted line immediately. But as we all know because it is just starting the p5 and the crash tests and such that its still an iffy bet. I want this thing to go through all the way and hope it succeeds because I need a car like Elio.

My current work situation will be shifting here in a couple of weeks once I get permanent status. And once that shift occurs I will be doing alot of miles on the road over a weeks time. 55.7 miles one way to work and back equals 111.4 miles every day that my poor little 97 Hyundai with 250k miles on it probably wont be able to keep up with. With an estimated 2228 miles a month coming my way I am getting more and more nervous about breakdowns vehicle repair costs or even the cost of a new vehicle. This is where the Elio would literally save me.

For one I rarely ever drive with more than just me in the car since I am a single male in his late 20's and all the friends have their own vehicles. So having only a two seat car makes sense. Two the gas mileage is a duh in this situation and needs no further explanation. Three the fact that this is a new car and will have a warranty at such a cheap and affordable price is another no brainer. It would save me thousands on the purchase of yet another crap older car that has no warranty and such. Hell just the savings in vehicle repairs for 36k miles would save me enough money. Fourth I was thinking about just getting another motorcycle for work but again this wouldnt work as I work in Security. My uniforms have to look nice and neat without any sweat (I live in Arizona) and my hair has to also be neat kept meaning no helmet hair. Having an enclosed vehicle is a must for a commuter car and having AC in the heat of the Arizona desert is just one of those things noone should live here without. And last I would like to say that this car would drastically help in the credit department. One area that I have royally screwed up and would like to fix before I am too old to ever get credit again.

All in all I would like your guys opinion on what I should do. My father already thinks the Elio will possibly never be made (probably from reading some of the negative comments online) and hasnt really swung either way himself at the moment. But I want to know what others would do in my situation? What made you just jump and put forth your hard earned money into this cause? Again I love the idea and love the car and the concept of an affordable, new, economical car. But is this too good to be true?

Yeah, there are just so many aspects to every person's situation, only you know what's important to you, what's a priority, what your needs are, what your finances are like.

One way to decide if you have $100 to put in as a refundable deposit: choose something you spend money on for fun, such as beer, restaurant, energy drinks, movies, concert, sporting event, etc. Reduce spending money on that item to once or twice a month, or even zero on it for a few months. Before you know it, you'll have $100.
 

Coss

Moderator
Staff member
Moderator
Joined
Sep 5, 2014
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Location
Battle Ground WA
Welcome to the forum from the Pacific NW
I to am on a fixed income (disabled / retired) so I have to watch every penny I spend.
I went on a different thought line thought; I went $500 All In
That gives you $750 of purchase funding; enough to get an extra option or three.
Plus it puts you closer to the head of the line. I started at $100 All In and bumped it up 6 months later.
 
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