I’m in the car business, although not a Lotus dealer. But I have a deposit on an Emira on the ground.
It looks to me as if at least half of these built first editions in North America are on the ground on dealer lots. At a certain point you have to look at it from the math standpoint…
If the average vehicle is $100,000 and they have invoiced these vehicles to the dealers, if there are 250 vehicles on dealer lots, that is $25 million in inventory that dealers are paying floor plan interest on. If the monthly floor plan interest is 8%, that’s a total of $2 million in interest that the dealer network is paying PER MONTH to sit on these cars. Even if you don’t like those numbers, cut the numbers in half - it’s still a lot of money.
That’s a lot of pressure to get the certifications they need and quickly.
Just my opinion. So I’m rather confident that it’ll get done soon.