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Your next car could have two seats, three wheels and get 84 miles to the gallon.
Elio Motors' tiny car is the same length as a Honda Fit but half the weight. With a starting price of $6,800, it's also less than half the cost.
Elio plans to start making the cars next fall in Shreveport, Louisiana. Already, more than 27,000 people have reserved one. Elio hopes to make 250,000 cars a year by 2016. That's close to the number Mazda sells in the U.S.
The car has three wheels, two in front and one in the rear. Because of that, the Elio is classified as a motorcycle by the U.S. government. But Elio Motors founder Paul Elio says the vehicle has all the safety features of a car.
The car only has one door, on the left side. It has air conditioning, power windows and door locks and an AM/FM radio. More features can be ordered.
Elio said so far, reservation holders are buyers who will use the Elio as a second or third car. They might use it to get back and forth to work.
Eventually, he believes the car will appeal to high school and college students as well as used-car drivers who want something newer and more reliable.