Buying a new car in this economy is tough. It shouldn’t be like buying a house. Well, there is an answer. Assuming you don’t need to transport passengers or significant cargo, your next car doesn’t have to break the bank thanks to Elio Motors, who wants to revolutionize the auto industry with its tiny new three-wheeled car.
This unusual looking single-seat car gets an amazing 84 MPG on the highway, 49 MPG in the city, and travels at speeds up to 100 MPH. This car consumes just 1/3 of the gas that the average car does. The price? $6,800(USD). You can’t beat that.
Bonus: It is even made in the USA. The company estimates that they will create 1,500 jobs at their Shreveport, LA plant alone beginning in 2014. Let’s hope that automotive lobbyists and the government don’t kill the company before they can put a whole bunch on the road.
Hopefully they can impact the auto industry and provide people with affordable cars for many years. This is a company to watch closely.
[via This Is Why I’m Broke]