Saab prices falling, bargain opportunity for car buyers

General Motors are due to announce their plans for Saab on 7th January. It is touch and go whether the brand will be sold or closed. According to Used Car Expert Magazine prices on Saabs have been depressed for the last 18 months.

Editor, Matt Tumbridge thinks there is only a short time left for consumers to bag a bargain, “The Saab brand has long been under-supported by GM in the UK and dealers have been discounting stock to get rid of it - most notably Stratstone who have been advertising a half million pound Saab stock clearance.”

Seeing parallels with the demise of Rover, Tumbridge warns, “Prices won’t be soft forever, even if they close it down. Rovers, which are no where near as good, are now very firm in terms of used car residuals. Saab have a following, are close to BMW in terms of style, performance, comfort. It’s lunacy that prices have been so soft so long and as soon as Saab’s future is clear, prices will firm up. Now is the time to buy.”

Used Car Expert Magazine advises that  a year 2008 2.0t with average mileage of  12,000 can be yours for £11,000 - £14,000. Saving over £10,000 from the new price. A 2006 year model with 40,000 average miles can be as little as £7,000.

The same £7,000 budget will only buy a will only buy a year 2003 3-Series at best. A year 2006 320i ES with average mileage of 29,000 can be found for £11,500 but £14,000 is a more realistic price. You won’t get a 2008 year car for anything like the same budget as a Saab.