They have also said that they have averages 90% of their asking price for the equipment they have sold so far. If we take the average of the price range, we assume an overall value of $87.5M. 90% of that is $78.75M Ebay and money transfer fees will take a bigger cut of the lower priced stuff. The more expensive items will most likely be direct placement. As long as overall fees don't account for more than 4.7% of the selling price, Elio gets their $75M
I believe overall selling fees will account for more than 5%....probably closer to 10%....all based on opinion. That company selling it has over 4k items on ebay. That takes a lot of time.
Also, they have said they received 90% of asking price, that is very possible. If you look at just the feedback, all the items sold are cheaper items <$2200 each. Those have a high level of liquidity. Most of those items are smaller. The bigger items are less liquid. Using the first $20k as a concrete % is not a great way to go. At the same time, there is really no good way to figure it out, just wait and see.
Again, the thing to watch for is how soon the items are selling.
As you guys know, i have little to no faith this will happen. Now many of you guys risked (invested $1k non refundable)....if some of you really think it is gonna happen and have extra cash, why don't some of you guys buy the cheaper stuff and resell it. Lets say hypothetically you get 90% of what you pay, it would help out EM (i am not recommending doing that, just seeing what you guys think).....or maybe you could make a deal with them, buy $1000 worth of equipment and they give you $1200 or so off if they build the car.