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Re: Recent demand (archive)
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Posted by Anonymous on March 31, 2001 at 17:23:19:

In Reply to: Recent demand posted by z8john on March 30, 2001 at 22:14:51:

Z8s continue to drop at both wholesale and retail levels. There were three Z8s that sold at a exotic
dealer auction in Pennsylvania this past Thursday
(3/29/01) They sold for 138k, 140k and 142k. Just
a month ago they were around 150k. Now they are close to sticker price at dealer auctions. If someone were to pay sticker plus dealer fees and luxury tax, they are in the Z8 for around 134k. Not likely they will drop any further. Partys over
on Z8s for those who are buying to turn a quick $.


I posted below about just getting my car today.

I was #5 at one dealer, #2 at another. The car I purchased was the third received by the first dealer. They held the car three weeks for buyer #3 who finally decided "no" (this is why car sat for 1 month) and buyer #4 wasn't ready for the car and passed. Other buyers I have talked to were in multiple queues as well. I have obviously passed on the car coming at the second dealership. I therefore believe that there are less real buyers than there are in queues at dealers.

But I also note that the first dealer has an aftermarket car on their floor for $169K and say they have a good offer from the west coast for $165.

Will the showroom car sell at $169? How long until supply = demand?




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