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When Will We Be Able To Put More Money Toward Our Reservations?

Discussion in 'Elio Reservations' started by DrewBarfield, Jun 23, 2016.

  1. DrewBarfield

    DrewBarfield Elio Enthusiast

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    Hi Everybody,

    Just wondering when (if ever) we'll be able to log-in to Elio's site and add more money to our reservations. I wouldn't mind adding $500+ a month if possible. I'd rather pay incrementally rather than a $10K lump sum.
     
  2. Hightech

    Hightech Elio Aficionado

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    For something with no date or guarantee?

    Why not put $500+ /month into a savings account instead so you wouldn't have $10k lump sum.
     
    L0gic, skychief, Chaz and 5 others like this.
  3. NSTG8R

    NSTG8R Elio Addict

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    Already did that. No monthly payment for me, thank you! ;)
     
  4. Sethodine

    Sethodine Elio Addict

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    Yeah, at the very least if you stash it into a savings account then you will be earning a small amount of interest while you wait for the Elio.

    Alternately, if you are a True Believerâ„¢, then you could put those $$$ into stock purchases. When the Elio goes into production and the stock leaps up in value, you could cash out for the Elio and make a killing!
     
    L0gic, acamara, Jim H and 4 others like this.
  5. DrewBarfield

    DrewBarfield Elio Enthusiast

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    Yeah, I'm putting it into my Betterment account at the moment.
     
  6. DrewBarfield

    DrewBarfield Elio Enthusiast

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    I need to look again at their stock and how to purchase. For now my Betterment and Acorns accounts are my primary investments (ETFs).
     
    acamara and Jeff Porter like this.
  7. Coss

    Coss Moderator Staff Member Moderator

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    Once you have your $1K All In you can't put any more towards it through Elio; the other are correct; put it in a bank account you can get to easily when the time comes.
     
  8. LillyMayPatterson #1685 & #5648

    LillyMayPatterson #1685 & #5648 Elio Addict

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    yes.
     
    acamara likes this.
  9. Coss

    Coss Moderator Staff Member Moderator

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    Just for an FYI; in 2013 (or was that 2012?) when they started taking deposits; there were some people that wanted to do a "Paid in Full" reservation; EM wouldn't take it. It has always been that $1K was the max amount that Paul and EM would allow.
    Why that is; you'd have to talk to Paul and ask him.
     
    acamara likes this.
  10. BiloxiGeek

    BiloxiGeek Elio Addict

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    I've been putting $100/week into an Elio savings account for a few months now. Also purchased a small number of Elio stock shares. I figure between the savings and the stock I'll most likely be able to pay for the Elio in one lump sum at delivery.
     
    L0gic, acamara, Coss and 3 others like this.

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