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Elio Motors has locked in the base price of $7300 for non-refundable reservation holders for their 84mpg 3-wheel "autocycle". Reservations can be made for as little as $100 or as much as $1000 with higher values getting priority delivery when they go into production. The price is above the $6800 target that had been quoted for the last few years, but those who are willing to make a binding commitment to purchase a vehicle can sign an additional online form to knock their price back down to $7000. The locked-in prices will be available until they reach a total of 65,000 reservations (~57,000 have been made to date).
The startup car company is attempting to disrupt the auto industry by producing an efficient, affordable vehicle similar to what VW did with the $1699 Beetle in 1968, but at an even more affordable price (the Beetle cost $11,768 in 2016 dollars)
The vehicle itself, while technically a motorcycle under federal law, is controlled like a car with a steering wheel and pedals. Most states have enacted legislation exempting such vehicles from the extra license endorsements or helmet requirements that motorcycles and trikes normally need. Standard features of the base model include an enclosed cabin with A/C, heat, cruise control and power windows & door lock.
(Score: 2) by slinches on Wednesday August 17 2016, @06:03AM
There's a big difference between small 3-wheelers and something like the Elio. With small vehicles, the CG is up high and the wheel base is small which is what makes them prone to roll-overs. The Elio has a low and forward located CG, with a wider stance compared to normal commuter cars to make up for the lack of a 4th wheel in back. On top of that, it's being put through the same tests 4-wheel passenger cars must go through even though it isn't technically required.
But if you want to see for yourself, look up Elio test drive videos on YouTube. There are several from various reviewers.