Elio motors....scam ?

[grampi]

Originally Posted By: Jarlaxle
Originally Posted By: grampi
Nay sayers...it's a good thing not everyone is as negative as you people are or we'd never get anything new...


So, how much did you invest in Elio?

Was it as much as you had invested with Liz Carmichael's car company?


$100

 

[Mr Nice]

The company says it has 50,000+ investors that put $100

 

[SatinSilver]

Looks like Elio needs about $110 million dollars to start production:

http://www.greencarreports.com/news/1098...nvestment-quest

Elio complaints Facebook page:

https://www.facebook.com/eliocomplaints/

 

[Cujet]

Originally Posted By: Nate1979
There is a big difference between building some custom car years ago and building a car that meets modern safety and emission requirements.


It does neither. It's a motorcycle. And, let's face it, emissions compliant engines are a dime a dozen. 100% of all engines sold here are emissions compliant.

Mankind has been producing 3 wheeled cars since before WW-II. They have never been a success. Mostly because they are horrible, impractical vehicles.

 

[Cujet]

Quite simply, this is not the future I want:

Don't know about you, but this looks a whole lot better:

 

[KD0AXS]

Originally Posted By: Cujet
Originally Posted By: Nate1979
There is a big difference between building some custom car years ago and building a car that meets modern safety and emission requirements.


It does neither. It's a motorcycle. And, let's face it, emissions compliant engines are a dime a dozen. 100% of all engines sold here are emissions compliant.

Mankind has been producing 3 wheeled cars since before WW-II. They have never been a success. Mostly because they are horrible, impractical vehicles.

You forgot the latest one.

 

[grampi]

Originally Posted By: Cujet
Originally Posted By: Nate1979
There is a big difference between building some custom car years ago and building a car that meets modern safety and emission requirements.


It does neither. It's a motorcycle. And, let's face it, emissions compliant engines are a dime a dozen. 100% of all engines sold here are emissions compliant.

Mankind has been producing 3 wheeled cars since before WW-II. They have never been a success. Mostly because they are horrible, impractical vehicles.

Actually it's not a motorcycle or a car...it's an autocycle....1 door, 2 seats, 3 wheels...

 

[grampi]

Originally Posted By: Cujet
Quite simply, this is not the future I want:

Don't know about you, but this looks a whole lot better:

If you don't like it, then don't buy one...and if you can afford the Ferrari, you're in a different tax bracket than most of us are...

 

[gman2304]

http://www.elioowners.com/



There is a Elio owners club....but no Elios!

 

[Nate1979]

There is no way regulators will allow this to qualify as a motorcycle. There was already discussions to change the safety rules to require cars like Elio to be classified as a car.

 

[Mr Nice]

No way the Elio could pass government crash testing.

Cool concept that will never be approved.

 

[linkbelt]

Originally Posted By: gman2304
http://www.elioowners.com/



There is a Elio owners club....but no Elios!


There is also a Big Foot Club ...but no Big Foot

 

[cjcride]

Looks somewhat like a Bombardier Can-Am Spyder.

 

[DoubleWasp]

Originally Posted By: grampi


Name one NEW car company that hasn't been short of the money they need to start production.


Are you referring to the ones that have an established means of generating capital ad profit, or the ones that never had it at all?

 

[DoubleWasp]

Originally Posted By: Cujet
Quite simply, this is not the future I want:

Don't know about you, but this looks a whole lot better:

All other issues aside, I don't believe those can be sold for $6800.00.

The larger issue is the Presto-Change-o game that Elio is playing:

"It's not a low-displacement motorcycle with typical fuel-sipping performance. Look at it as if it's a super-economical car. Give me an automotive loan to produce an energy-saving car."

"It's a motorcycle, so it doesn't need to meet certain regulations."

"It's not really a motorcycle, so why require a helmet and endorsement?"

This kind of stuff does nothing but infuriate regulators.

 

[Jarlaxle]

Originally Posted By: Nate1979
There is no way regulators will allow this to qualify as a motorcycle. There was already discussions to change the safety rules to require cars like Elio to be classified as a car.


Legally, this is a motorcycle:

 

[DoubleWasp]

Polaris did 3 things right:

1. They didn't try to enclose everything.

2. They didn't try to market it as a car.

3. They didn't try to hoodwink the government into giving them a loan for an energy saving "car" that they want regulated as a motorcycle.

 

[SteveSRT8]

^^^^Nice and succinct...

 

[supton]

My opinion? If sales take off, government regulation would clamp down. Pure and simple. Once enough people start dying in crashes someone will notice, and that'll be the end of that.

Small SUV's (and trucks) used to be required to meet a different set of standards; once sales took off, that loophole got fixed.

 

[grampi]

Originally Posted By: DoubleWasp
Originally Posted By: grampi


Name one NEW car company that hasn't been short of the money they need to start production.


Are you referring to the ones that have an established means of generating capital ad profit, or the ones that never had it at all?


I'm referring to any new car company...no new company has the means for generating capital when they're just starting up...