Based on the available information, it is difficult to definitively determine whether Boxabl is a legitimate company. There are several concerns that have been raised about the company, including allegations of fraud, lack of transparency, and delays in delivering products to customers.
Allegations of Fraud
In 2021, the Better Business Bureau (BBB) received several complaints from customers who had pre-ordered Boxabl casitas and had not received them. Some customers alleged that they had been unable to contact the company for updates or refunds. The BBB issued an alert about Boxabl, warning consumers to be cautious about doing business with the company.
Lack of Transparency
Boxabl has been criticized for its lack of transparency, particularly regarding its finances and production process. The company has not released any audited financial statements, and there is little information available about how many casitas have been produced or delivered.
Delays in Deliveries
Boxabl has experienced significant delays in delivering casitas to customers. The company originally promised to deliver casitas in as little as six months, but some customers have been waiting for over two years. The company has blamed the delays on supply chain issues and the COVID-19 pandemic, but some customers have expressed frustration with the lack of communication from Boxabl.
Given the concerns that have been raised about Boxabl, it is advisable to exercise caution before doing business with the company. If you are considering pre-ordering a casita, it is important to do your own research and understand the risks involved.
Here are some additional things to consider:
Read reviews from other customers.
Contact the company for more information about their products and delivery timelines.
Be wary of making large payments upfront.
If you are concerned about the legitimacy of Boxabl, you can also file a complaint with the BBB or the Federal Trade Commission (FTC).
It seems as thought the company is excellent at marketing and raising capital however yet to deliver orders to their clients. Modularhomereport remains guarded against promises made by this company. Lets hope they deliver what is promised and help to revolutionize the modular home industry.
Statements above are opinions from research gathered, please do your own independent research to learn more.