Welcome to Elio Owners! Join today, registration is easy!
You can register using your Google, Facebook, or Twitter account, just click here.Nope! the P3 was 4" taller than the P4, betcha didn't know that didja?
YODA, Yoda, yoda............Doesn't matter, the data is stored for both P3 & P4 easy to manipulate for P5................ask Yoda.![]()
Having very little money to take any risks on, I am only at the "I Want In" reservation level. Needless to say, your post gave me a momentary panic attack since my current vehicle is a loaner that I must return early next year. Wait more than two more years for my Elio? Say it ain't so!I skimmed most of the conversation so forgive me if this note is redundant.
It seems in the discussion of refundable versus non-refundable two major points are missing
1. With a non-refundable reservation you are matched with a credit equal to 50% of your deposit.
2. Elio has stated that all non-refundable depositors will get a vehicle in the first year (first year has not been clarified yet that I know of) This means that if the number of non-refundable depositors meets their projected production quota for the first year, the refundable ones will be pushed back down the line. Basically, a non-refundable deposit has a potential 50% return on your investment and allows you to cut in line of anyone with a lesser amount deposited and all those who have a refundable deposit.
Hope this clarifies it![]()
LOLYODA, Yoda, yoda............
Paul Elio has been pursuing this Idea and Ambition since 2008, 5 years. If production starts in 2015, in 6 years, he will have worked a miracle. He will have started a new American vehicle manufacturing company PLUS put a purely conceptual vehicle on the market in what I would consider a record time.
The question that everyone here should ask is "How long does it take the leading manufacturers to take a vehicle from concept to actual production?" That's just the vehicle with all the assets needed already in place. I bet that it takes more than 6 years
Goofyone, at the risk of sounding maudlin here, I want you to know how much I appreciate the knowledge you have and your willingness to share it with us. And you share it in a way even I can understand without feeling I am being talked down to. Thank you. We are very lucky to have you here. :-) ZThe development timeframe is not as bad as some may think but the costs of developing new automobiles is staggering. On the cheap side manufacturers can bring out a new variant using an existing platform and drivetrain in as little as two years and 500 million dollars. For an all new car platform, with a new drivetrain, it can take manufacturers over five years and over five billion dollars.
For those of you who think delays are somehow unusual in vehicle development you should check out the development of the new C7 Chevrolet Corvette. Even with all the resources GM has this car took three years longer than originally planned to develop. It was planned to be introduced as a 2011 model however was finally released as a 2014 model.