E L I O . . . Eeeee-lio


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FM-USA
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E L I O . . . Eeeee-lio

Post by FM-USA » Wed Aug 31, 2016 6:51 pm



Seen the first Elio trike advertisement on TV last night.
It just sat there, motionless while the camera only did a front end sweep.
It still claims 49/84 mpg.

Body was updated yet again... 5th generation?

For years it touted at $6800 but the advert showed $7300.
Hummmmm.


"Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip." W.C.

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robb
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Re: E L I O . . . Eeeee-lio

Post by robb » Fri Sep 23, 2016 7:41 am

I want one, especially since I sold my Goldwing. Just cant adjust to my Shadow 600, like riding the bus again to get around.

harvey01
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Re: E L I O . . . Eeeee-lio

Post by harvey01 » Fri Sep 23, 2016 10:53 am

I wonder if that means the folks who placed orders at $6800 will now have to pay the higher price?

I still see no way that vehicle can come to market for under $10000 per unit. Look at the CanAm Spyder, the Slingshot, and the many trike systems that are available and almost all cost more than the Elio.
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Re: E L I O . . . Eeeee-lio

Post by FM-USA » Fri Sep 23, 2016 2:58 pm

Why not we try to justify their now $7300 vehicle. Let's figure and tally the price of all the parts needed to build this vehicle.
Copy/paste and do yours. Add lines if I missed something.

Here's my guesstimates...
$2200 - Motor
$800 Trans
$1200 Frame
$1200 Body
$400 Steering system complete
$250 Brake system complete
$300 Wheels and tires
$800 Interior finishes
$300 HVAC
=========
$7450.00
"Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip." W.C.

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Re: E L I O . . . Eeeee-lio

Post by themainviking » Sat Sep 24, 2016 8:03 am

This is how they say they did it:

We did it with the big stuff, like:
•Re-engineering proven technology for maximum engine efficiency.
•Employing the lightest and strongest materials into a bodyframe designed to keep the excess factor to absolute zero.

We did it in the small stuff, like:
•Strategic placement of the hood latches, and even redesigning the washer fluid bottle. Yes, the washer fluid bottle.

Building a low-cost vehicle doesn’t come from one single solution. For Elio Motors, it is a variety of engineering and business decisions, both big and small, that add up to significant cost savings.

Less “Stuff” = Less Cost
• Three wheels cost less than four. Two seats cost less than five. One door is less than two or four…and so on.
• The vehicle weighs just 1,228 pounds (most entry-level vehicles weigh approximately 2,400 lbs)
• 1,228 pounds of material costs less than 2,400 pounds of material.

Nothing is Too Small for Engineering Innovation
A traditional hood opens forward, requiring two latches. If the first latch fails, the second latch keeps the hood from popping up and blocking the driver’s sight line. But, a second latch means more equipment and adds more than $20.00 to vehicle cost. On an Elio, the hood is engineered to open the other way. If the latch fails, the wind will blow the hood down rather than up, so a redundant latch is not required. The Elio latch costs just $3.00. Hundreds of these cost-saving designs add up to … or more accurately, it adds down… to $7,300*.

* MSRP for non-refundable reservations only and applies only until non-refundable and refundable reservations total 65,000. Total current reservations can be seen at: http://www.eliomotors.com. MSRP excludes destination/delivery charges, taxes, title, registration, and options/installation.

So, as the company states, they will only sell units at $7300 until they get 65,000 units pre-sold, then the price is no longer guaranteed. If you reserve and then lock in your reservation, you can save an additional $300 and get yours for $7000. At the time of this posting there were still 5,532 still available before the 65,000 limit is achieved.
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harvey01
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Re: E L I O . . . Eeeee-lio

Post by harvey01 » Sat Sep 24, 2016 9:54 am

themainviking, it sure sounds like it is too good to be true!

Sorry but I will believe it after the vehicle has been in production for at least three years and still sells for less than $15,000. Shoot, when do they plan to achieve production---this has lingered for a long time already.

When I look at what Triumph did when they were started up again, or Polaris starting up Indian, or Veer Norton failing to get going and the amounts invested to just get to production and then the per unit price, this pricing makes no sense. Consider the Excelsior which managed to go into production and was in interesting motorcycle but did not survive for a lot of reasons.

Starting up such a company has to be based on realistic economics and not on someone's dream.
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Re: E L I O . . . Eeeee-lio

Post by suvcw04 » Sat Sep 24, 2016 5:16 pm

Google "Liz Carmichael" and/or "the Dale automobile".

THAT is how they will do it!!

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Re: E L I O . . . Eeeee-lio

Post by landisr » Wed Oct 19, 2016 10:42 pm

For anybody interested in follow the Elio story, here is a website for you to start with:

https://www.eliomotors.com/?utm_campaig ... i=36157465

There is a place for you to sign up for weekly email updates.

It does sound crazy, but there are a lot of 3rd party suppliers that are on board, and people are still reserving units with hard money deposits. Just sayin'...

Ron in AZ
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Re: E L I O . . . Eeeee-lio

Post by FM-USA » Thu Oct 20, 2016 8:24 am

FM-USA wrote:Seen the first Elio trike advertisement on TV last night.
It just sat there, motionless while the camera only did a front end sweep.
It still claims 49/84 mpg.

Body was updated yet again... 5th generation?

For years it touted at $6800 but the advert showed $7300.
Hummmmm.
Comment on my own post? LOL... sure.
As I read ELIO's latest web-sight I couldn't help notice the current price, $7,000. Previously on their site, it was $7200.

Seems they can't come to grips on one price. That's a YELLOW FLAG in my book.
I agree it's going to be a while AFTER it hits the market before I consider one.

Just comparing...
IF the Interstate Wing was still around it be about $18 Grand at it's lowest possible price and the comparing a loosely similar outfitted Elio at $7300. Even tho they are 2 different vehicles, their production is about the same.
YAAaaa Houston, there's a problem. :shock:

OH! And that still empty after 2 years of someone elses factory video they produced(?), surely isn't helping.

`
"Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip." W.C.

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suvcw04
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Re: E L I O . . . Eeeee-lio

Post by suvcw04 » Thu Oct 20, 2016 9:42 am

landisr wrote:For anybody interested in follow the Elio story, here is a website for you to start with:

https://www.eliomotors.com/?utm_campaig ... i=36157465

There is a place for you to sign up for weekly email updates.

It does sound crazy, but there are a lot of 3rd party suppliers that are on board, and people are still reserving units with hard money deposits. Just sayin'...

Ron in AZ
Never going to happen.

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landisr
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Re: E L I O . . . Eeeee-lio

Post by landisr » Thu Oct 20, 2016 2:40 pm

We'll just have to wait and see. A lot of business, manufacturing and engineering experience being employed. Background stuff, too ie getting legislation to standardize legal definition and so forth across all 50 states for licensing, insurance, etc. And new revenue source types passed and approved with the Gummint.

They are in the final stages of testing the HVAC systems.

One thing guaranteed: Someone will surely get to throw out an "I Told You So".. :lol:

Ron
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Re: E L I O . . . Eeeee-lio

Post by ka4yqi » Wed Jan 04, 2017 10:31 pm

I would like to have one, but if they keep butting around I'll be to old to have a driver license.

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Re: E L I O . . . Eeeee-lio

Post by silverbullet05 » Sun Mar 05, 2017 3:47 pm

Word to the wise. Do not invest in this company. I've been a reservation holder 3/2013 & went all in for the $1.000 in 5/2013 when I seen the P3 in Minneapolis Mn. Mine was suppose to be built spring/summer of 2014, 2015, 2016, now 2018......You get it.

They were suppose to have their 23 test vehicles on the road in 2016......& building 100 fleet vehicles....

They have no money to build anything, They have squandered every cent they took in. They've cancelled their road shows. Yet their still taking reservation money from unsuspecting folks on a vehicle they have no money to build. Which is a shame. because a lot of ageing baby boomers on a fixex income would love this!

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suvcw04
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Re: E L I O . . . Eeeee-lio

Post by suvcw04 » Sun Mar 05, 2017 7:30 pm

Will they take Victory motorcycles in on trade?

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Re: E L I O . . . Eeeee-lio

Post by FM-USA » Sun Mar 05, 2017 10:08 pm

They've cancelled their road shows.???
So they dangled some BAIT and said bait went stale?
IF I guess correctly, they'll come out with Design Version 6(?) as fresh bait.
"Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip." W.C.

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Re: E L I O . . . Eeeee-lio

Post by silverbullet05 » Sun Mar 05, 2017 10:34 pm

FM-USA wrote:They've cancelled their road shows.???
So they dangled some BAIT and said bait went stale?
IF I guess correctly, they'll come out with Design Version 6(?) as fresh bait.
Honestly I believe their gig is up. This thing has run its course. 4 years of taking peoples money offering nothing but broken promises. And not even a final design yet for this simple vehicle that was to be made with "off the shelf parts." To many people can research this company's history of failure without really putting to much effort in it.

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Re: E L I O . . . Eeeee-lio

Post by FM-USA » Sun Mar 05, 2017 11:10 pm

When I ran across there video of a used, empty MFG plant and panned while voicing visions of.. blah-yada. I kinda started feeling it was becoming a hoax.
BUT, there's that other video of nearly a dozen completed.
Sooooo ???
"Tact is the ability to tell someone to go to hell in such a way that they look forward to the trip." W.C.

silverbullet05
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Re: E L I O . . . Eeeee-lio

Post by silverbullet05 » Mon Mar 06, 2017 5:42 pm

FM-USA wrote:When I ran across there video of a used, empty MFG plant and panned while voicing visions of.. blah-yada. I kinda started feeling it was becoming a hoax.
BUT, there's that other video of nearly a dozen completed.
Sooooo ???
Yup every time over the past years they would release another prototype to soften the blow of another delay. A couple are test vehicles that have seem to disappeared. No test results have been released from this company that prided themselves on transparency. No production date scheduled.

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Re: E L I O . . . Eeeee-lio

Post by harvey01 » Mon Mar 06, 2017 6:03 pm

silverbullet05, Sorry to hear about your investment and probable loss. Thanks for offering your experience here to try to prevent others from being taken in by this situation.

I would like to call it a scam, but the original folks may have actually thought they could turn this into a real vehicle. It is interesting to look at there capitalization and then compare with what Polaris has put up to bring Indian and Victory to the market, or what was initially invested to recreate Triumph motorcycles. Exclesior-Henderson tried and if they had had more money they may have been able to make it.

Or look at the money Mush has invested in Tesla. And that car is not without problems and having difficulties.
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Re: E L I O . . . Eeeee-lio

Post by silverbullet05 » Mon Mar 06, 2017 7:56 pm

No problem. I got my money's worth in meeting some nice folks through the social media avenues in following this folly. Just trying to keep people from from making the same mistake by investing there hard earned $$$ into this company.



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