Coming in 2015 Three-wheel $6,800 car | Page 6 | The Compost Bin | Forums

I actually saw a TV ad last night for them 

Holy crap, they jacked the price and are now taking non refundable deposits.

Elio Motors has raised funds for manufacturing its forthcoming three-wheeled commuter vehicle in a few innovative ways, including Regulation A+ stock offerings. Its latest creative funding is through its reservation system. Anyone who puts down money for an “All In” nonrefundable reservation for an Elio has the base price of their vehicle locked in at $7,300.

The wording is a bit tricky, so follow along: The locked-in price is for nonrefundable reservations made after August 12 and will apply until there are 65,000 total reservations made — refundable and nonrefundable alike. There are currently more than 58,000 reservations for the three wheeler on the books, so there are fewer than 7,000 to go until that target is hit.

Also, anyone who chooses the nonrefundable reservation will get an additional 25% of their reservation amount applied to the purchase of their Elio. So if you reserve an Elio for $1000, you’ll get another $250 applied at the point of sale.

more https://techcrunch.com/2016/09/19/elio-motors-locks-in-price-for-nonrefundable-reservations/