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Probably 10-20...? Prices falling rapidly (taxes!) (archive)
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Posted by Lorenz on April 13, 2001 at 19:41:17:

In Reply to: How many Z8's in the SF Bay Area??? posted by jay on April 11, 2001 at 17:29:51:


I don't have exact figures, but I know that Allison has sold about 3, and BMW San Francisco sold at least 3 (and has 2 in stock). I'm pretty sure that the other dealers in the Bay Area (Stevens Creek, Peter Pan, Claridge, Weatherford, and probably 1-2 more that I missed) each sold the same number of cars... so call it at least 10-20?

Allison has an inbound Z8 that was unsold as of 2 weeks ago -- I'm sure they're desperate to get an offer. April 16th is just around the corner, and a lot of people either didn't understand the implications of AMT when they exercised their ISO stock options, or they chose to take the risk, and are now stuck with a tax liability that exceeds their assets... Not exactly the mindset that is conducive to thinking about a new >$130k car.

Houses around here are dropping in price rapidly, too. Not at the point where you'd call real estate "cheap", but "less ridiculous" sounds about right. It'll be interesting to see what it'll be like in 2-3 months...

Lorenz


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