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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)

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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.
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