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Old 08-01-2015, 11:04 AM   #1096 (permalink)
NeilBlanchard
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The target weight for the Elio Motors vehicle is 1,250 pounds. So, at the base price (for the 5-speed manual) of $6,800, that is ~$5.44 / lb. At $7,300 it would be $5.84 / lb.

1. Nissan Versa 1.6 S: $12,815 / 2,363 lbs = $5.42 / lb

2. Chevrolet Spark LS: $13,095 / 2,269 lbs = $5.77 / lb

3. Mitsubishi Mirage $13,805 / 1,973 lbs = $6.99 / lb

4. Smart ForTwo Pure: $14,020 / 1,808 lbs = $7.75 / lb

Like most inexpensive cars, I think they are counting on most people opting for the 5-speed automatic - which I think will likely cost at least $700. So, that bumps the Elio up to $7500 so the price per pound is $6 / lb. Or, at $8,000, it would be $6.40 / lb.

The Elio has 3 wheels (25% fewer brakes and suspension components) and 2 seats and 1 door. The chassis is about half the size of a typical car. The windshield is often the most expensive individual part in a car, and the Elio's is almost half the size. Then engine block is a 900cc 3 cylinder, so that means the is 25% fewer parts than most engines.
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