Reservation List - Delivery Order Priority?

[skidoofast]

I’m All In on buying this! - as of right now

how does the reservation list work

let’s say I’m # 30,000 on the $50 reservation

ordering opens, if I commitment #300 with financing, sign the purchase contract and ready to go

Am I #300 or #30,000 (assuming no one backs out)

 

[kcht66]

How can you know which number is your reservation??? (Once you have the reservation number)

 

[skidoofast]

How can you know which number is your reservation??? (Once you have the reservation number)

as far as I know no one has figured out how to decode the reservation number so we don’t know

 

[JeffVA]

I think Slate deliberately coded the reservation numbers like that on purpose so no one really knows where they are. That way they can schedule deliveries based on things like geographic location versus when you reserved. We will probably never know and they will probably never tell us

 

[lgerger]

I’m All In on buying this! - as of right now

how does the reservation list work

let’s say I’m # 30,000 on the $50 reservation

ordering opens, if I commitment #300 with financing, sign the purchase contract and ready to go

Am I #300 or #30,000 (assuming no one backs out)

FIFO

 

[skidoofast]

FIFO

FIFO? Reservation or Purchase Agreement signed and financing approved?

huge difference, I’m guessing out of the 100,000 reservations 40% will not commit, maybe 20% will not get financing

of that 50,000 that may commit, how many will move fast to fill out paperwork to purchase?

 

[JeffVA]

FIFO? Reservation or Purchase Agreement signed and financing approved?

huge difference, I’m guessing out of the 100,000 reservations 40% will not commit, maybe 20% will not get financing

of that 50,000 that may commit, how many will move fast to fill out paperwork to purchase?

Bank check the day they contact me

 

[lgerger]

FIFO?

first in first out

 

[skidoofast]

first in first out

I figured out what FIFO is, there are a couple of FIRST IN options

Reservation - I may want it, it’s cool, we will see, when the option to buy comes I may jump I may drag my feet, I may back out

Purchase Agreement - Actual commitment to buy, I 100% want it

then there’s the one that others are saying FIFO but also delivery region groups (9 fit on a hauler and this hauler is going to Minneapolis)

 

[JeffVA]

I figured out what FIFO is, there are a couple of FIRST IN options

Reservation - I may want it, it’s cool, we will see, when the option to buy comes I may jump I may drag my feet, I may back out

Purchase Agreement - Actual commitment to buy, I 100% want it

then there’s the one that others are saying FIFO but also delivery region groups (9 fit on a hauler and this hauler is going to Minneapolis)

When they are close to production you will probably be contacted and asked to finalize your build and place your order. At that time you will most likely have to pay a larger deposit which may not be refundable based on your build. Just like custom ordering a vehicle from any brand.

By then they will have all the logistics worked out and you may very well be contacted by the local distributor which ever form that will take. You will still need to sign paperwork, do DMV paperwork, financial and delivery paperwork and last but not least, inspect your Slate and accept delivery like any other car you would buy.

The direct to consumer sales model still requires a local element.