In addition to cons cells being forced in some scenarios, this is Common Lisp, not Lisp 1.5: Programmers who want performance for linear collections are expected to use data types like vectors, which are primitive and not implemented in terms of cons cells at all.
> Vectors are Common Lisp's basic integer-indexed collection, and they come in two flavors. Fixed-size vectors are a lot like arrays in a language such as Java: a thin veneer over a chunk of contiguous memory that holds the vector's elements.2 Resizable vectors, on the other hand, are more like arrays in Perl or Ruby, lists in Python, or the ArrayList class in Java: they abstract the actual storage, allowing the vector to grow and shrink as elements are added and removed.
http://www.gigamonkeys.com/book/collections.html
> Vectors are Common Lisp's basic integer-indexed collection, and they come in two flavors. Fixed-size vectors are a lot like arrays in a language such as Java: a thin veneer over a chunk of contiguous memory that holds the vector's elements.2 Resizable vectors, on the other hand, are more like arrays in Perl or Ruby, lists in Python, or the ArrayList class in Java: they abstract the actual storage, allowing the vector to grow and shrink as elements are added and removed.