The Talk Me Into Taking The Plunge Thread

[JP]

It's more than the money to me. I would feel worse about EM folding. It would mean that greed and corruption WINS!

No, if they fold it would mean that they did not have enough product interest for fund such a massive undertaking. If they do fail, which I doubt at this point, you have no ties to the company so you shouldn't feel bad except about the money you lost. If you want them to succeed, the best thing you can do for them now is fork over however much cash you are comfortable with. Cash helps more than our worries.

 

[CrimsonEclipse]

If you aren't sure, then DON'T!!!
Seriously!
You want a proven vehicle. So you'll have to wait 2 years and pay more money.

The $1000 all in investors believe in the IDEA as much as the car. We want to see are car that is not limited by sleazy dealers, is inexpensive, simple, efficient, and easy to maintain.

There is NOTHING remotely like it.
NOTHING!!!!

So stay on the side lines and watch the fun!
Risk isn't for everyone.

CE

 

[Jim H]

I just can't for the life of me, commit to a non-refundable deposit on a new vehicle type from a new company. What's to say the company won't run into some type of brick wall they can't get around and they end up folding before they even get started? What's to say there aren't going to be many, many problems with this new vehicle type with a new un-time tested engine and driveline components? That's just the vehicle...with so many people already on the waiting list, it's going to take years for the company to be able to meet demand for just those people...think about how long someone is going to have to wait to get one if they're not on the list. The only way they get around this is if they have an automotive industry type of assembly line set up to build these things. Like many others, this vehicle is very intriguing to me, but I can't help but to think about how this company will get around and/or over the typical hurdles that all new businesses have to deal with.

Welcome to the forum. You are not alone in your concerns and no one should invest in a new venture if they can't accept the risks. There are no guarantees but so many of us have followed the Elio that we have confidence in Paul Elio's vision. Accept the level of risk you can accept now or wait for production to begin. In either case you can become an Elio owner at a time that suits you. Welcome and enjoy the Elio experience.

 

[Richad]

Just to be clear, I'm all in, so you know what I'm hoping for, but I'm a realist. The Elio will probably happen, but it's going to take probably at least a year longer than what they're telling us, cost more, and those first year production numbers are pie in the sky dreaming.

All I have to base my opinion on is that I design and build engine assembly lines for a living at a company with a far bigger budget than Elio. These things take time to get done right.

I'm not a naysayer, just realistic. Go Elio!

I'm all in but only for 100.00 I think your right about how long it takes to build an assembly line for either drive trains or body/frame but being a classic British sports car person (1957 MGA) all these cars were built without the robots, machinery, and all the needed bells and whistles. I just think it can be done the old way assuming all the parts are made and ready for assembly which of course they are not.

 

[eddie66]

I'm all in but only for 100.00 I think your right about how long it takes to build an assembly line for either drive trains or body/frame but being a classic British sports car person (1957 MGA) all these cars were built without the robots, machinery, and all the needed bells and whistles. I just think it can be done the old way assuming all the parts are made and ready for assembly which of course they are not.

Welcome to the forum Richard. We don't have to agree, to value your input or opinions. You obviously have some valued experience and we look foward to hearing what you have to say.

 

[Music Man]

I just can't for the life of me, commit to a non-refundable deposit on a new vehicle type from a new company. What's to say the company won't run into some type of brick wall they can't get around and they end up folding before they even get started? What's to say there aren't going to be many, many problems with this new vehicle type with a new un-time tested engine and driveline components? That's just the vehicle...with so many people already on the waiting list, it's going to take years for the company to be able to meet demand for just those people...think about how long someone is going to have to wait to get one if they're not on the list. The only way they get around this is if they have an automotive industry type of assembly line set up to build these things. Like many others, this vehicle is very intriguing to me, but I can't help but to think about how this company will get around and/or over the typical hurdles that all new businesses have to deal with.

WOW, guys. . . . . . Do Ya REALLY think the "sky is falling?"

Or was that something the "Chicken Little" ran around screaming???

Ya know what, "Grampi?" I checked your age, and you are in 1 of 2 groups of folks: Either you are STILL working and earning an income (at 56). . . . . . . So you have SEVERAL more productive years ahead of you, OR you have earned and saved your money that has allowed you to retire early. . . . . Which would mean that you HAVE enough set aside for the rest of your life.

Either way, grampi, I think you would be able to afford to put $6800 dollars down for this car. Most folks will waste much more money than that on beer and or cigarettes, or other vices in their life time. o_O

Oh well, grampi. . . . . All of this is come from an "old fart," as MOST of us are on this forum, and that, Sir, has been my own stupid opinion. . . . . . To which we are ALL entitled too.

 

[Music Man]

I just can't for the life of me, commit to a non-refundable deposit on a new vehicle type from a new company. What's to say the company won't run into some type of brick wall they can't get around and they end up folding before they even get started? What's to say there aren't going to be many, many problems with this new vehicle type with a new un-time tested engine and driveline components? That's just the vehicle...with so many people already on the waiting list, it's going to take years for the company to be able to meet demand for just those people...think about how long someone is going to have to wait to get one if they're not on the list. The only way they get around this is if they have an automotive industry type of assembly line set up to build these things. Like many others, this vehicle is very intriguing to me, but I can't help but to think about how this company will get around and/or over the typical hurdles that all new businesses have to deal with.

Oh, I apologize grampi. Almost completely forgot my manners: WELCOME, grampi, to our Elio Family Forum. I think, if you search, or ask, will find ALL the answers to your questions!

 

[Music Man]

I'm all in but only for 100.00 I think your right about how long it takes to build an assembly line for either drive trains or body/frame but being a classic British sports car person (1957 MGA) all these cars were built without the robots, machinery, and all the needed bells and whistles. I just think it can be done the old way assuming all the parts are made and ready for assembly which of course they are not.

WELCOME, Richad, to our Elio Family Forum, and from the future birth place of the Elio; the Bayou State, Louisiana.

And CONGRATULATIONS on making your reservation.

I like the thoughts you shared with us and look forward to reading more posts from you.

Thanks, Richad.

 

[Music Man]

What if you make a reservation and the next day something terrible happens to you. I will not encourage you to make a reservation but do ask that you respect my decision to have one. What ifs are for people who are unwilling to live life to the fullest. That is my totally biased and completely not humble opinion. You enjoy your worries and what ifs. I will enjoy my Elio. Z

Oh, and by the way, welcome from Oregon. I hope you enjoy the forum.

Spot on again, zelio! That's part of the reason that I love and respect you so very much; You my Dear, are one NO BS Lady and you shoot straight, telling it like it is!

If I didn't know better, I would bet that you are a Louisiana, girl.

 

[Snick]

You need to read a few of the posts in the forum and find out a little more about the total picture before you despair. First of all; they do have an "automotive industry type of assembly line".


Right now they have precisely bupkis, and no expertise in manufacturing/assembly. Sorry, the burnt-out old failure ex-Chrysler nobody they hired doesn't count. He hurts their case more than anything.

Second, most of the components are "off the shelf" and have been tested in other applications.

We keep seeing this claim, but
-is the dash OTS?
-Is the engine OTS?
-are the windows OTS?
-are the body panels OTS?
-are the signals and lights OTS?
-is the interior OTS?
-is the suspension OTS?
-is the ECM OTS?
-is the wiring harness OTS?
-is the transmission(s) OTS?

What is OTS?
-radiator
-tires
-wheels
-light bulbs (LOL)
-brakes
-hubs
-drive shafts
-shocks


Heck, by weight and by component count this thing has an OTS/Custom parts ratio << 50%!!

Third, I don't think a large number of people on a waiting list means that the car will not be produced. Quite the opposite. Finally, have you ever bought stock in a company that was just starting up or just starting a new product line. If you put down your 1K deposit you have the potential to make a 50% "profit" in the first year. I think you should "think about how long someone is going to have to wait to get one if they're not on the list" and put your money down! Larry

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