We just checked out Elio's $7,300 car for the masses

ElioMotorshas one of the more interesting, and simple, ideas in the auto industry.The Arizona-headquarteredtransport startup, with a factory in Louisiana, just started taking deposits on its first vehicle, a three-wheeler that's street-legal, made in the USA, and that will sell for just over $7,000. So far, over 50,000 people have plunked down some dough for a pre-order.The idea is to provide basic mobility to folks who couldn't otherwise afford a basic set of wheels. The cheapest new car on sale in the US, the Nissan Versa, goes for over ten grand.True, you could get a halfway decent used car for $7,000, but it probably wouldn't be as exotic as Elio's new machine. It also wouldn't get over 80 mpg.So what's the thing like' Well, it runs on gas and had a standard transmission, and two seats. Elio brought a prototype by our New York office, andwe checked it out:Photos by Hollis Johnson.SEE ALSO:10 futuristic vehicles that will fundamentally transform how we travelElio brought their prototype vehicle to our New York office. We parked it curbside and chatted for a bit ' and watched the Elio draw a crowd! Must have been the color ...Mobbed!The vehicle has only three wheels and two seats, arranged tandem style. The base price is $7,300.See the rest of the story at Business Insider
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