Reservations: 65341 As Of 6/20/2017

[Norahsbed]

It was my understanding that the refundable deposits were held by a company other than Elio and that even if Elio wanted to, they couldn't touch those funds.

That maybe true, I'm not a finance guru and skipped over that, as we are all in non refundable. My understanding is non refundable can be used to help push the company forward, that is our intent! Go Paul, Go Elio!

 

[Neal]

They could offer the tour/pickup option to the deposit people only so the personnel increase could be with temporary employees. Also, they could easily limit how much of the factory the tour covers. There are probably many who would like to see the first process but in reality, no one will ever see their car go through all the processes... There IS paint drying time and welding operations and such. However, there is a point where the doors and hood were mated to the trucks and probably a bit before that where a tour would make sense. They could set up tours by the hour-group pretty much. They will never be ahead of production because the line speed will be capped but they could run behind if issues come up. I can really see the process being much like this:

1. Bus picks up from the _____ hotel/casino - (whoever Elio uses as a partner for factory pick-up.) hourly
2. Arrive factory at 0700.
3. 0700 - 0800 breakfast, ID verification, initial paperwork signing (all except the final acceptance paperwork. Since Elio won't be in the finance business, they could require payment to be pre-done but I'm don't know how that process works)
4. 0800 - The group of 20 (I'm assuming that 20 out of the 67 cars built per hour (54 seconds each) people follow their 2 tour guides out to the line. I really think that number is high. Many people just won't have the time/ability to go pick up their Elio.
5. On the way to the official "here's your car" point, the tour guide talks a little about the processes you are seeing (They would most likely be on a golf cart train). When they get to the official rally location, everyone gets out and watches the last person from the previous group walk off following his Elio. The tour guide points out that each Elio has a placard above it if it is being picked up. Mine says "Hi! I'm Ty's Elio!". I watch as mine comes along, and I follow it along (they go at a very slow walking pace) while I stay between the ropes. I get to see the interior put in, I can watch the doors come down from the overhead line to meet my car, the windshield being put on, the hood, trunk, etc. Eventually, the Elio makes it to the QA station where I get to hear it fire up for the first time. Once QA blesses the car, puts on a temporary tag and it is driven a short distance to the "pick up/plant tour" lot. I walk over and look over my Elio (which I've been doing for the last hour anyway), sign the simple "I've picked up my Elio" paperwork while verifying the VIN. I notice the commemorative special edition doorjamb plaque identifying the build number and it's signed. Grinning like an idiot, I make for I-20 and point it towards Albuquerque. (Actually, probably to my Mother in law's house where I'd meet up with my wife for the drive home) I actually thought about taking my enclosed car hauler but I think I'd rather drive. It'd take more gas hauling the trailer than I'd save by not driving the Elio!
6. Send pictures to everyone on Elioowners.com and tell them about the experience!

I love your vision. Hope its close!

 

[DWR]

Refundable or not, if the company went bankrupt, refundable reservation holders would be the last ones paid out of any funds left. Lawyers are first, Creditors are are second. Most bankruptcies pay Pennies on the dollar anyway. In for a penny, in for a pound, if your gonna lose, lose big!

Think I read somewhere that the refundable deposits go into some sort of trust account that Elio can't touch. I could be wrong about that though.

 

[Norahsbed]

Ty, sounds great but could I schedule my tour for 3 in the afternoon! I'm not a morning person and 7AM would kill me!

 

[Norahsbed]

Think I read somewhere that the refundable deposits go into some sort of trust account that Elio can't touch. I could be wrong about that though.

I'm sure that maybe true, as I said skipped over that part of agreement, as we are " All in " non refundable. I Don't mean to scare off any refundable reservation holders or put the fear of lost funds into anyone's mind. I firmly believe this endeavor will reach its ultimate goal of Elio's for everyone!

 

[Keith Dahl]

I want that trend to continue as large numbers of people being willing to put cash down a year or more in advance really helps Elio show investors that this can truly be a viable business worth investing in.

yes some numbers ive come across , especially from those harsh critics of the elios chances are being surpassed. I know your comment im responding to is from last march but anyway....most if not almost every single person ive talked to about it, including car guys simply haven't heard about it yet. I have little doubt the word will get out strong in time and purchases will surpass the most optimistic expectations by all,up to, hopefully mr elio himself. I talk it up to everyone in casual conversation. I trust my gut on the car and am not rich. I imagine most the all in people are way more well off financially than me. again, ive hoped for something like this for years. current car is a 05 Hyundai accent which makes my point of wanting a basic car. but the elio has a bonus "cool factor". I mentioned somewhere else that the mini house trend is seemingly gaining momentum also, another thing ive hoped for, for years. this car will not be a toy for me, it will be my mode of getting around. I will sell my 3 motorcycles when I get my elio. well...maybe 2 of them.

 

[Jeff Porter]

Ty, sounds great but could I schedule my tour for 3 in the afternoon! I'm not a morning person and 7AM would kill me!

Just teasing you N.B., but I would bet you'd be able to make the early time in the morning this once!

 

[LockMD]

Ty, sounds great but could I schedule my tour for 3 in the afternoon! I'm not a morning person and 7AM would kill me!

You would hate my schedule, my alarm goes off at 3:10am

 

[Norahsbed]

Well maybe 8 AM, the 3 amigos have me trained to get up at 7:30 every morning, breakfast at 7:31, potty time at 7:36. Usually I just open the back door and their in and out their doggy door. Right now we have to go out on the leash because I have no fence in the back yard. Major landscaping project going on, 2 1/2 Elio's worth! Just our contribution, to putting people to work in America!

 

[Norahsbed]

You would hate my schedule, my alarm goes off at 3:10am

My wife is up at 4:15AM, most days I sleep right through her alarm but sometimes, ...........