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Locked In

Phil B

Elio Enthusiast
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Jan 1, 2015
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When I did login to my Elio account it showed my purchase and athe dates. What it doi not show was
1. My reservation number
2. My bonus amount based on my deposit and deposit date
3. The lock in for $7000 base price
I feel these items should show up on your account.
Your opinions are requested.
 

KD

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Oct 24, 2015
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As I had said, it took a day and a half before Jerome called me back, so hang in there.
And as for a week to fix a computer glitch isn't surprising any more; it's hard to give a expected completion date and time when you don't know what you're doing. This is not about EM, that comment is for all of the newer "computer techs" around; the ones that do know how to fix it they won't hire because they're <ahem> too old
I called yesterday afternoon and got Mr. Jerome on the phone. He told me the glitch has to do with starting as a "Want In", and then upgrading to "All In". Said he would flag my account and send it up the flagpole as it were. Long story short, I just made another attempt, and am now "Locked In" for $7,000! Pending verification of course...
 

KD

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I wonder why Jerome is answering the phones. He is usually with the tour team. My guess Elio called in the troops to handle the commitments so he can report to the DoE. How Exciting.
I didn't ask, but the way he was talking, I don't think it was THE Jerome. Key phrase was he was going to "flag it for his supervisor to look at."
 

Coss

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I submitted the electronic form to lock the price at $7000. I have been "all in" for well over 2 years so I also assumed that I was going to get another $500 toward the final price of the vehicle (IF PRODUCTION EVER HAPPENS). I also wonder about the $500 promised to induce my deposit, will this still be given or did I give that away to lock up a price of $7000 for the base model? I would like to see an official answer from Elio motors on this issue.
Phil B, did you get this email from the Marketing Team at EM?
It answers all of your questions.

Recently Announced Price Lock: What you Need to Know

ELIO_LOGO_R_2328x1144.jpg

August 18, 2016


Hello Coss,

We are reaching out to you today to provide additional clarity to the Friday, August 12 letter regarding establishing a “locked in” base price for “non-refundable” reservation holders. The letter explained in detail the reason for this opportunity, which is to further indicate to the Advanced Technology Vehicles Manufacturing (ATVM) loan program from the U.S. Department of Energy (DOE) that Elio Motors has committed purchasers — not just “non-refundable” reservation holders.

In the coming weeks, we will continue to provide valuable updates relating to where the reservation count stands as we march toward reaching 65,000 reservations, which is how long this special offer will last (currently, there are only 8,177 reservations left!).

In order to simplify the process of locking in your price, please select one (1) of the following three options based on your personal preference:

  1. I am a “non-refundable” reservation holder and want to maximize my savings and lock in the $7,000 price by signing a binding commitment; what do I need to do?
    1. If you have a “non-refundable” reservation and want the $7,000 locked in price, click here to accept the binding commitment.
  2. As a “non-refundable” reservation holder, I want the $7,300* locked in price and choose not to take advantage of the additional $300 savings; what do I need to do?
    1. The $7,300* base price has been established for all “non-refundable” reservation holders, up to the first 65,000 total reservations. No action is required.
  3. I have a “refundable” reservation and I want to lock in a price; what do I need to do?
    1. You must first convert to a “non-refundable” reservation. Click here to make this happen.
Still have more questions? You may find them below in our most frequently asked questions with corresponding answers:

Q: To make a binding commitment and receive the $7,000, am I paying the full $7,000 base price now?

A: Absolutely not. This process only binds your commitment to purchase your Elio and allows you to lock in the price.

Q: Does the established lock-in price change my reservation bonus?

A: No, your “non-refundable” reservation bonus remains and will be applied to the final purchase price of your Elio.

Q: As a “non-refundable” reservation holder, how long do I have to lock in the $7,300* base price? More specifically, when does the lock-in price program end?

A: The program will end when we reach 65,000 total reservations (total current reservations can be seen at: www.eliomotors.com). That means if you have a “non-refundable” reservation and make a binding commitment, you can lock in the additional incentive base price of $7,000 only up until we reach 65,000 total reservations.

If you’re already a “non-refundable” reservation holder and choose not to take advantage of the additional $300 savings before we reach the 65,000 total reservations, the base price of your Elio will be set at $7,300* without requiring further action from you.

Q: How do I know if my binding commitment to lock in the $7,000 base price (and receive an additional savings of $300) was accepted?

A: Two things happen when you complete your binding commitment: you will immediately see a confirmation pop-up (or error if something isn’t working) and you will receive an email confirming receipt of your binding commitment.

We are currently sending out confirmation emails every other day and will soon move to an automatic reply so that you will get your confirmation within minutes of your $7,000 lock-in. Please remember to check your junk mail if you do not see your confirmation email in a couple of days.

Q: My email doesn’t work/I changed my email, what do I do?

A: You need to use the email that you made the Elio reservation with, unless you have emailed us and we have confirmed that your email has been changed in the system. If you have multiple emails, we are here to help if you cannot recall which email is associated with your Elio reservation. Email us at tellmemore@eliomotors.com.

As always, we thank you for your support.

Warm regards,

The Elio Team
 
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