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[QUOTE=Dan_Ashley;860699]The Feds have approved very few applications.
[B]In order to be financially eligible for an ATVM loan, an applicant must be financially viable without the receipt of additional federal funding for the proposed project [B][QUOTE]
How typical. The only way the government will give you a loan is if you don't need it.
If it ain't broke, don't break it.
IBA #47122
2020 RT Limited Asphalt Grey
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Very Active Member
Originally Posted by markyodo
I would just like to know how they are able to keep the cost down to under $7k vs. something like a Spyder costing $15k - $24k? I am really curious.
In an earlier thread--now closed--but readable, we discussed costing ad nauseum. Those who are knowledgeable about cost accounting for manufacturing, do not see how the ballpark $7K price point can be achieved. Mr. Elios spreadsheet with numbers was not according to GAAP and would never fly in real life.
The folks at BRP know what they are doing with cost accounting and the reality of the true prices shows.
I have tried not to spar with Rando as I know he is convinced otherwise on the Elio. He is sounding like an employee of Elio at the moment and quoting the "company" line again.
I have been quiet, but when I see this stuff come up again, I feel I have to put on the Consumer Advocate suit. Am very afraid that the 28,000 people (latest amount quoted) with deposits down are going to lose their money and the Elio--if it gets on the streets, will turn out to be another Yugo.
Last edited by ARtraveler; 08-21-2014 at 07:43 PM.
Currently Owned: 2019 F3 Limited, 2020 F3 Limited: SOLD BOTH LIMITEDS in October of 2023.
Previously : 2008 GS-SM5 (silver), 2009 RS-SE5 (red), 2010 RT-S Premier Editon #474 (black) 2011 RT A&C SE5 (magnesium) 2014 RTS-SE6 (yellow)
MY FINAL TALLY: 7 Spyders, 15 years, 205,500 miles
IT HAS BEEN A LONG, WONDERFUL, AND FUN RIDE.
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Elio Motors attempts to alleviate scam fears
http://www.product-reviews.net/2014/...te-scam-fears/
Disclaimer. I have no ties to Elio other than I gave them a deposit. I believe in the American way and hope they are successful.
Last edited by Rando; 08-21-2014 at 06:21 PM.
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Watch the Elio make easy work of the snow!:
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SpyderLovers Founder
Here's a rumor I heard this week that makes more sense than anything. What I heard is the Elio will be fueled by a proprietary fuel cell that you will purchase from your local PepBoys. You won't be fueling this thing at your local gas station. PepBoys is listed as a Official Service Center.
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Is it just me, or was it understeering an awful lot on the snowy turns?
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SpyderLovers Founder
Originally Posted by akspyderman
I think you missed my point. How much is that 84mpg going to cost you per gal if you have to buy it from PepBoys? Could be $10.00 gal?
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Elio assures he'll make his 3-wheeler
Last edited by Rando; 10-08-2014 at 11:55 AM.
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I hope that you're right, and I wish him well!
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It's a great concept, we will see when it comes out. i think a major drawback is in general public needed a m/c license
in order to drive it
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I'm still waiting on the Dale!!!
Joe T.
I miss SoCal - - - -
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Originally Posted by akspyderman
I think its time to quit reviving this thread.
If I don't like a thread, I don't read it. Just saying.
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Very Active Member
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Can we all agree, that it would be better for everyone involved; if he CAN bring it to market?
The odds of him doing so, are irrelevant for this part of the discussion.
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