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Elio Motors' 50 Percent Reservation Bonus Offer Ends May 31
Elio Motors' 50 Percent Reservation Bonus Offer Ends May 31.
About this update from Elio Motors Inc
[{"type":"text","content":"\n\n\n\nElio Motors' 50 Percent Reservation Bonus Offer Ends May 31\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nElio Motors' 50 Percent Reservation Bonus Offer Ends May 31\nMore than 52,000 people have put down money for a place in line for highly fuel-efficient, low-cost three-wheeler\nPR Newswire\nPHOENIX, May 2, 2016\n\n\n\nPHOENIX, May 2, 2016 /PRNewswire/ -- Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 MPG with a targeted base price of $6,800, today announced that the current 50 percent reservation bonus offer will end May 31, 2016. Elio Motors will then reduce the reservation bonus offer for a non-refundable reservation to 25 percent.\n\n\nMore than 52,000 customers have put money down for a place in line for an Elio. Reservations can be for $100, $250, $500 or $1,000 and can be either refundable or non-refundable (details on the reservation program can be found at www.eliomotors.com). Currently, non-refundable reservations receive a 50 percent reservation bonus for when the customer purchases a vehicle to be applied to the final cost of their Elio. \n\n\"Our 50 percent reservation bonus has always been intended as a reward for early adopters and is a thank you for their early support,\" said Paul Elio, founder and CEO of Elio Motors. \"The customer response has been phenomenal and we are thankful so many people have shown their support by making a reservation.\"\n\nTo date, more than 85 percent of reservation holders have chosen the non-refundable option.\n\nAny potential customers who want to take advantage of the 50 percent reservation bonus can do so by placing a non-refundable vehicle reservation on or before May 31. In addition, any current reservation holders who want to upgrade their reservation – for example, a $500 non-refundable reservation turned into a $1,000 reservation – also can take advantage of the 50 percent reservation bonus before the end of May.\n\nElio Motors, which is targeting a launch in 2017, has achieved several milestones so far this y...