The Elio Will Cost $7000 But Now You Have To Buy One If You Reserve ItJason Torchinsky8/12/16 12:04pmFiled to: ElioElio MotorsThree-Wheeler2114EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkWe’ve been talking about the three-wheeled Elio for quite some time now, from the bad, to the questionable to the good. Well, we don’t really have much in the ‘good’ category, but let’s just say I really like the idea of a cheap-three-wheeled car. One thing that’s been consistent has been the planned price: $6800. Now there’s an official price that’s a bit more, but it comes with a huge catch.A mass email sent today from founder Paul Elio covers a lot of developments in the company: they publicly listed their stock, they figured out how they want to handle their option ordering system, and they talked about their latest prototype. All that’s great.