Elio may be ready to call it quits. - Page 2 - Smart Car Forums
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post #11 of 53 (permalink) Old 01-06-2017, 07:23 AM
 
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Originally Posted by silent View Post
I almost put money down on one years ago, but then I thought - nah - I'll just wait until they actually are sold or until someone gets one, doesn't like it, and sells it. Usually when someone starts collecting money before having a product to give you in exchange, it's a scam. Kickstarter isn't always that way, but it's still a gamble.

-silent
That's the sad thing. I loved what the Elio stood for. Cheap and cheery motoring. It would've been modern car of the people, by the people. I don't think they should have developed their own engine and went with a bespoke interior (existing off the shelf parts and engine was part of the appeal and low cost in the first place), that in itself cost them a lot of money they likely never recuperated. But the car itself is a solid idea planted in reality that would be a near world beater.

However, a business is realistically only as good as its weakest link (tbh just like a computer or smartphone), and either through deception or flying too high like Icarus, Paul himself was Elio's weakest link. To me, he seemed genuinely interested in building the car, he just had no idea how to run an automaker, or how to realize that he's bitten off more than he can chew.
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post #12 of 53 (permalink) Old 01-06-2017, 07:30 AM
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Originally Posted by Neonspinnazz View Post
But the car itself is a solid idea planted in reality that would be a near world beater.
Neon, good morning. Really hard to "drive" smoke and mirrors.

"A near world beater" - please pass me whatever the heck you have in that bag . . .
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post #13 of 53 (permalink) Old 01-06-2017, 08:06 AM Thread Starter
 
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Elio may be ready to call it quits.

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Originally Posted by Neonspinnazz View Post
That's the sad thing. I loved what the Elio stood for. Cheap and cheery motoring.

I need to underscore MB DNA's sentiment. There was no proven aspect to any of the blue-sky promises that Elio used to induce prospective reservation holders.

There was no way to deliver on any promises that Elio pulled out of his ass. No cheap. No cheery. Never.

It could not get 84 MPG, or anything close. It could not be reliable. It could not be safe. It could not cost $6800, or anywhere close to that in regular production.

The gullibility of the American public is astounding, but the blame lies with Paul Elio, who should be jailed for fraud.
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post #14 of 53 (permalink) Old 01-06-2017, 08:27 AM
 
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Neon, good morning. Really hard to "drive" smoke and mirrors.

"A near world beater" - please pass me whatever the heck you have in that bag . . .
Optimism when I shouldn't be optimistic? I have that issue sometimes.

As for what's in the bag, little blue pills that will give you an effect inverse of what you're expecting.

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Originally Posted by stevenvillatoro View Post
I need to underscore MB DNA's sentiment. There was no proven aspect to any of the blue-sky promises that Elio used to induce prospective reservation holders.

There was no way to deliver on any promises that Elio pulled out of his ass. No cheap. No cheery. Never.

It could not get 84 MPG, or anything close. It could not be reliable. It could not be safe. It could not cost $6800, or anywhere close to that in regular production.

The gullibility of the American public is astounding, but the blame lies with Paul Elio, who should be jailed for fraud.
You two are right about all of it. It was never destined to be anything Paul sold it to be. It was vaporware, pure and simple.

However, I do also believe it's only vaporware because Paul is effectively a con man.

Under the direction of someone who knows what they're doing and possibly a diesel engine (never knew why that was never considered in the first place), the car could come somewhat close-ish to Paul's proposed vision (save for the hilarious 5 star safety rating claim).

In that respect, the Elio is pretty parallel to the Dale...a good idea, but penned and ruined by snake oil and conning people.
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post #15 of 53 (permalink) Old 01-06-2017, 08:31 AM
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Originally Posted by MB DNA View Post
Neon, good morning. Really hard to "drive" smoke and mirrors.

"A near world beater" - please pass me whatever the heck you have in that bag . . .
Quote:
Originally Posted by stevenvillatoro View Post
I need to underscore MB DNA's sentiment. There was no proven aspect to any of the blue-sky promises that Elio used to induce prospective reservation holders.

There was no way to deliver on any promises that Elio pulled out of his ass. No cheap. No cheery. Never.

It could not get 84 MPG, or anything close. It could not be reliable. It could not be safe. It could not cost $6800, or anywhere close to that in regular production.

The gullibility of the American public is astounding, but the blame lies with Paul Elio, who should be jailed for fraud.

I 100% agree with both posts. I was flamed by kool-aid drinkers on the original thread regarding my doubts this would come to fruition. But as a person who has worked in the auto industry, I knew it wasn't a reality. Elio planned to market an extreme niche vehicle(even more so than smart), but wanted sales on par with a Ford Mustang. It was never going to happen... If he wanted to set a sales goal, it should have been at smart sales levels, not Big 3 levels. Because of that, it was doomed from the start. He was never going to get 250,000 sales a year, which his own plan stated he needed to make it viable. Plus they were counting on the Governement loans for capital development.

The entire scheme was based on pie-in-the-sky dreams to begin with... So there was no chance of this actually getting to market. I've seen what it takes to get a new vehicle to market, and Elio never has the depth of resources, or money to make it happen...

He threw around a lot of big-named suppliers as development partners, but here is the reality folks:
The checks stop coming in, and they stop work. No if's, and's, or but's about it... They don't get paid, they don't work on your project.
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post #16 of 53 (permalink) Old 01-06-2017, 08:39 AM
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Originally Posted by Neonspinnazz View Post
Optimism when I shouldn't be optimistic? I have that issue sometimes.
Be optimistic, be a dreamer as that's what allows you to stand out in the crowd! Just don't let the "hustle" of the likes of a Paul Elio become your nightmare.
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post #17 of 53 (permalink) Old 01-06-2017, 08:47 AM
 
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I can't see a reason why anyone would give Elio another dime. There is a long track record of delays. I have to also wonder how they could set a price and promise a fuel economy on a car that hadn't been built. Unless the cars only cost $2000 to manufacture, I don't see how they can dig their way out of debt and get to a point where they can produce a car.
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post #18 of 53 (permalink) Old 01-06-2017, 08:50 AM
 
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Originally Posted by MB DNA View Post
Be optimistic, be a dreamer as that's what allows you to stand out in the crowd! Just don't let the "hustle" of the likes of a Paul Elio become your nightmare.
I do tend to stand out in a crowd in a positive way.

The story of Elio is also why I generally stay away from things like Gofundme and Kickstarter. Prove to me that you have a real product that at least comes close to your selling points, and you'll have my money. So many of these crowdfunded operations go belly up (for a multitude of reasons) leaving people who trusted the company in the dark.

Pebble (the smartwatch) is one of the latest examples of which. They somehow bled through all of their money, declined a deal from Citizen, and ended selling most of their assets to Fitbit.
But the kicker? Effective immediately, all support for Pebble devices was dropped. So it didn't matter if you bought a Pebble yesterday or gave money to their latest Kickstarter, the warranty is void, Pebble won't service it (even if you tried to pay for it), refund your money, and won't provide any replacement parts. They basically sold their tech to Fitbit and nuked everything else, burning every single person who trusted Pebble.
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post #19 of 53 (permalink) Old 01-06-2017, 12:57 PM
 
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The sad part to all of this is the people who were duped. My wife said she would buy one once they came out. It would have been a fun ride. At the very least, it would be fun to make your own Elio. It's a neat concept. It's just got idiots running the show.

-silent
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post #20 of 53 (permalink) Old 01-06-2017, 04:56 PM
 
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And this is why I just plunked down $7900 for a 2015 smart with 260 miles. More than two years ago put $100 down on an Elio, because I figured I could afford to lose that much. Despite constant pleadings from them to raise it, no go. Sad to see a seemingly good idea go splat.
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