When you read the regulations for the loan program, Elio qualifies for the loan as a high mileage vehicle.
I openly admit that I haven't read the regs but can say that I have no plans to do so ...... I also admit to finding it a bit difficult to follow the logic of folks who aren't involved in the process saying that EM doesn't qualify for the program .... while I'm not in any way an Elio cheerleader, I find it impossible to believe that EM would invest the time, money, and the certain risk of looking bad in the market for applying for a loan that they don't qualify for