• Sweden edition
 
SAAB BANKRUPT
Used Saabs hot property

Used Saabs hot property

Published: 25 Dec 2011 09:24 GMT+01:00
Updated: 25 Dec 2011 09:24 GMT+01:00

The news of the car maker's bankruptcy may have seemingly closed a chapter in Saab’s history, but buyers have been quick to snap up the cars at bargain prices or as mementos for the future, reports Swedish business newspaper Dagens Industri (DI).

The price of secondhand Saabs has plummeted dramatically recently, continuing a downward trend that has been noticeable over the past three years, according to company car consultancy Ynnor.

Cars formerly selling at 60,000 kronor ($8,700) have been sold for 20,000 less in recent times and business has been hectic. In fact, of the four best-selling used cars in Sweden, two are Saab models.

So far this year, Saab dealers have sold 20,000 pre-owned cars in Sweden, while the Volvo V70 has been the most popular, reaching 25,000 cars sold.

Beyond simple bargain hunters, another example of typical buyers is apparently families needing a bigger car.

"They get a good and safe car, for no money at all, relatively speaking”, said Ronny Svensson at Ynnor."Also, there are workshops everywhere that can repair a Saab," he added.

Meanwhile, while bargain hunting buyers have been the winners, there is less cause for celebration among dealerships and companies leasing out the cars who have both been hit by the winding up of the car maker.

TT/The Local/gm (news@thelocal.se)

Your comments about this article

11:01 December 25, 2011 by sleezypornorangutang
Yup. I know older SAAB´s tend to last forever, and they definitely are, shall we say, individualistic, but....

No matter how much one would dig the SAAB, THE SÖDERHAMN OIL SPILL IS HAPPENING.

NO ONE KNOWS FOR SURE, how much of that oil has been spilled, figures are so far between 800 to 2000 cubic meters.

An oli slick about mile wide % half across, is nearing finnish waters...

For some strange reason, this does not seem to be too intresting?

This oil comes from a tank owned by Arizona Chemical.

Finnish officials have offered help in cleaning this oli last week allready, however the Swedish ones have so far declined.

It has been speculated that this is because it of course costs a grat deal to officially ask for help in such cases, therefore the finnish side has to wait until this oil slick reaches international waters, and begin cleansing....

Why not make news out of this!!??
18:00 December 25, 2011 by canuk
because the swedish news media is just a propaganda outlet for the swedish government. if the news doesnt say what they want it to say it is reworked and in the event thats not possible it simply is not news.
22:24 December 25, 2011 by sleezypornorangutang
Well, canuc, i'm cincerely startin to think the media's independence on these things, and for whatever it's worth, thanks for your reply.

This does raise questions on just how much of this has gone on in the past. Pine oil supposedly sinks down if the sea water is warm. Now it is cold, this means the oil will stay on the surface. So did they try and waite for it to sink...?

So what if some bigger accident happens in future? What the stink is goin on?
09:59 December 27, 2011 by Grippen
Canuk is absolutely right. Check out nationellidag.se - Swedish Radio is censoring out rockbands, and the government is trying to change press support rules to take away financing from govenrment critical newspapers, such as Nationell Idag.
22:13 December 27, 2011 by Escort
The workshops are going to have plenty of customers with all those used Saabs to be maintained. Cheap to buy but probably pretty costly in the longer term, so not really much of a bargain.
01:48 December 30, 2011 by vladpootin
These old Saabs are fantastic for making planterns in the beer-garten or hanging off the wall at the local PUB. As long as transporation is not the desired use of these relics...I say buy them and enjoy!
18:33 December 30, 2011 by sleezypornorangutang
Me like that exhange from modern car to a picture of a really old car.

To me it sort of displays the fact that you can do all you want with equipment allready dated.

It is how you use it, that matters.

Even if you had the latest tech, you still spilled that nasty oil, you couldn´t handle it.

I´m willing to bet, that quite soon all the Baltic nations (one of whitch is Sweden even if you think otherwise) will have plenty of equipment to tackle the problems of pollution-security.

What I really want to know is, how this current problem got evolved in fiscal terms.

Something really stinks in this equation for sure.
Today's headlines
Stockholm 'submarine' hunt
Sweden's 'submarine hunt' moves south
The Swedish Armed Forces have sent out 200 troops. Photo: TT

Sweden's 'submarine hunt' moves south

UPDATED: The Swedish Armed Forces have pushed into their fifth day searching for a suspected foreign vessel in the Stockholm archipelago. READ  

European Union
Extremist saves Sweden Democrats' EU group
Sweden Democrat leader Jimmie Åkesson. Photo: TT

Extremist saves Sweden Democrats' EU group

The EU group that bound several Eurosceptic parties including the Sweden Democrats has been saved by an MEP from a far-right Polish group, just a week after it appeared to have crumbled, according to a UK press report. READ  

Stockholm 'submarine' hunt
Timeline: Mystery 'submarine' in Stockholm
Sweden's Armed Forces are out in force after reports of a foreign vessel in the Stockholm archipelago. Photo: TT

Timeline: Mystery 'submarine' in Stockholm

The world has had its periscope on Sweden since the Swedish military launched an extensive hunt for what is rumoured to be a damaged Russian submarine in the Stockholm archipelago. Here is the timeline of events so far. READ  

Business & Money
Profit leap for Swedbank
A branch of Swedbank in Malmö. Photo. TT

Profit leap for Swedbank

Swedbank has seen its profits rise higher than expected. READ  

New coalition
Sick pay U-turn from Sweden's new coalition
Stefan Löfven has changed his strategy on sick pay. Photo: TT

Sick pay U-turn from Sweden's new coalition

Small businesses won't face rising sick pay costs, following a policy reversal from Sweden's new coalition government. READ  

Presented by CurrencyFair
CurrencyFair: Why it pays when making overseas transfers
CurrencyFair co-founder Brett Meyers

CurrencyFair: Why it pays when making overseas transfers

Tired of losing money when you send cash back home? Join other expats in Sweden who avoid bank fees and hidden charges by sending money internationally with CurrencyFair, an online marketplace where secure transactions are faster and cheaper. READ  

Stockholm 'submarine' hunt
Vessel hunt continues at 'full strength'
Minehunter HMS Koster takes part in the search in the Stockholm archipelago on Sunday. Photo: Marko Säävälä/TT

Vessel hunt continues at 'full strength'

The search for a suspected foreign vessel in the Stockholm archipelago continues with "full strength" on Tuesday morning, according to Sweden's armed forces. READ  

Ebola crisis
Sweden hit by two Ebola false alarms in two days
The Uppsala University Hospital. Photo: TT

Sweden hit by two Ebola false alarms in two days

UPDATED: A patient has been cleared of any Ebola suspicions at the Uppsala University Hospital. It marks the second suspected case in Sweden in two days. READ  

Analysis
Why a foreign vessel lurks in Swedish waters
The HMS Stockholm patrols Jungfrufjärden in the Stockholm archipelago on Monday morning. Photo: Anders Wiklund/TT

Why a foreign vessel lurks in Swedish waters

With Sweden engaged in its biggest domestic military operation since the Cold War, The Local spoke to Johan Wiktorin, a fellow at the Swedish Royal Academy of War Sciences, to get insight into what’s going on in the Stockholm archipelago. READ  

My Swedish Career
US woman starts up Swedish toy store online
Leigh Neil and a llama hand puppet. Photo: Private

US woman starts up Swedish toy store online

For this week's My Swedish Career we meet Leigh Neil, who one day came to realize that there was a gap in the Swedish market for children's toys and decided to do something about it. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Gallery
Property of the week: Malmö
Gallery
PHOTOS: 'Foreign activity' in Swedish waters
National
Sweden deploys troops over underwater threat
Gallery
People-watching: October 19th
TT
Society
QUIZ: How good is your Swedish?
Blog updates

19 October

Getting it (Blogweiser) »

"Follow Joel Sherwood on FB Few watch baseball in Sweden. This is excellent when your team loses..." READ »

 

17 October

Editor’s Blog, Oct 17th (The Local Sweden) »

"Hi readers, Here’s the whole week of news in just 60 seconds. The most-read story was about a..." READ »

 
 
 
Business & Money
Get your own office in Gothenburg or Stockholm - free for a day
National
A Touch of Scandinavia: Reindeer in the kitchen
Lifestyle
What's on in Sweden: October 17th - 24th
Society
The nudity... and nine other things expat men notice in Sweden
Gallery
People-watching: October 15th
Gallery
Your views: Should outdoor smoking be banned in Sweden?
Business & Money
Sweden has 'large hole' in finances
Sponsored Article
Introducing... Finding a job in Stockholm
Society
Monster salmon caught in northern Sweden
Gallery
Property of the week: Lorensberg
National
Scandinavia's child bride
National
Ebola crisis: How is Sweden preparing?
Lifestyle
Sweden's The Bridge to become 'more Danish'
Business & Money
How Sweden is becoming a cashless society
Gallery
Stockholm Burlesque Festival 2014
National
How a little red horse became a symbol for Sweden
Gallery
People-watching: October 12th
Business & Money
The hottest start-ups from southern Sweden
National
What's on in Sweden: October 10th - 17th
National
Stockholm is 'best' region for well-being
Gallery
People-watching: October 8th
National
Five facts to know about Patrick Modiano
Society
My Swedish Career: A French fashionista in Sweden
Society
Swede's anti-bully Facebook tale goes viral
Society
Have you seen Sweden's viral subway cancer campaign?
National
Isis: Swedes linked to Turkish prisoner swap
National
Should Swedes be banned from buying sex abroad?
Gallery
Fredrik Reinfeldt's leaving presents
National
Five Swedish TV shows you shouldn't miss
Gallery
A tool belt, a casserole, and a book. Fredrik Reinfeldt's parliament gifts
TT
Lifestyle
Top five winter festivals in Sweden
TT
National
Sami reindeer herders win mine reprieve
Gallery
Property of the Week: Gamla Enskede
Sponsored Article
How to catch the first lobster of the year
Politics
Ten new minister faces you should know
Tech
First womb transplant baby in world born in Sweden
Gallery
People-watching: October 5th
National
What's on in Sweden
National
Sweden rethinks Afghan translators' protection
Society
Interview with Geena Davis: 'I want to be in a Swedish movie'
Team SCA
Sponsored Article
All-female SCA team takes off on Volvo Ocean Race
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

1,005
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
AA-EUROPE.ORG/SWEDEN