Quote:
Originally Posted by ulmpharmd
Wondering if decrease in value will allow a low mileage s240 to be purchased 50-52k by spring of 09'? Just wondering what you guys think the market will do as i'm wanting to pay for most of the car and planning a budget based on timeframe. Thanks  |
Being a glass is half empty kind of guy, I would say that if you are seeing new/leftover 08 S240's going in the low '50's by next Spring, you are seeing the beginning of the unraveling of the Lotus dealer network, and the Lotus presence in the US.
Unlike the 05 Elise's, they've brought almost no more S240's into the market than they were sure would sell. The numbers are so few, that if there are any leftovers, the market is saturated.
And if they can't sell the S240, the quickest road Lotus yet, in extremely small numbers at or near MSRP, and have them left over a model year later, it would not speak well for the future of the Lotus brand here.
If dealers wind up selling S240's in the low 50's to get rid of the few out there, my guess is that those dealers will be close to cashing out their Lotus franchises altogether, figuring if they can't get MSRP for those cars, Lotus isn't going to have a car that they can sell at a profit.