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Saab 9-3 Prices Paid and Buying Experience

653 messages,  Last post on Nov 19, 2009 at 7:04 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Saab 9-3, Convertible, Sedan

 


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#376 of 653
Re: 07 60th anniv edition [pengwin] by gunrabbit
Dec 25, 2007 (11:13 pm)
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Replying to: pengwin (Dec 21, 2007 3:25 pm)

pengwin,
 
Can you tell me where are you located? What color is the exterior/interior? The $25k OTD sounds like a good deal.
 
I got a quote for $26k OTD on a 07 2.0T sedan with smoke beige exterior and beige interior. Automatic, moonroof, and cold weather package. I was ready to go sign the purchase papers tomorrow until I saw your posting.
 
Please let me know your location and if you did buy the car at $25k OTD. Thanks.
#377 of 653
Re: 07 60th anniv edition [gunrabbit] by rkreeger
Dec 26, 2007 (1:37 pm)
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Replying to: gunrabbit (Dec 25, 2007 11:13 pm)

car is fusion blue metalic 5000 miles navagation 50000 msrp car is in new york manhattan
#378 of 653
depreciation? by eurospecialist
Dec 27, 2007 (11:14 am)
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waterdr
"Saabs depreciate faster then any car on the planet in the first few years, then they seem to slow down, because "it's a Saab."
 
Take into account that your $"32k" price tag was really closer to $27,000 to $28,000 with the incentives that were given at the time. The reason that Saabs depreciate so fast is because it is so closely competing against the new car deal.
 
Why would someone buy a year old car for 23k or 24k (and have a $500 payment) when they can either buy a new one at 26-28k or lease a new one at $400-$500?
 
Consumers always want to compare it to sticker and not the price they paid.
 
Thats why is starts to slow down after the first 3 years or so.
#379 of 653
Re: depreciation? [eurospecialist] by waterdr
Dec 27, 2007 (11:34 am)
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Replying to: eurospecialist (Dec 27, 2007 11:14 am)

You did not get the point of my post. Incentives always play a part. What I was trying to say is that even despite incentives, Saabs depreciate very quickly. At the time I purchased my car, which was 3 model years old, there were not the incentives there were today. I paid $17k and have owned it for about 18 months. It is probably now worth $14k. If I had paid $28k for a car with an MSRP of $32k, it would now be worth about $20k.....an $8k loss rather then a $3k loss.
 
The clincher with Saab is that they offer better warranties on the used ones then on new ones which is not the case with other makes.
 
I am not against buying new.....in fact, I just did purchase a new car. But stictly financially speaking, buying used is always smarter. But, leasing changes things.
 
The payment does not tell the whole story. But, it is America, and that is all 99% of the consumers seem to care about. If someone looks at a car like a rental and wants to get rid of it every two years, then leasing is the only option.
 
The last point about Saabs is that once they get some age on them, they seem to actually hold their value better then most other brands. At least what I see where I live is that no matter of miles, if it is a clean 4WD or a Saab, they seem to always get money. But for someone leasing, why should they care.
#380 of 653
Re: depreciation? [waterdr] by eurospecialist
Dec 27, 2007 (4:55 pm)
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Replying to: waterdr (Dec 27, 2007 11:34 am)

3K loss in 18 months seems rather minimal to me?
 
And most all the manufactures offer better certified pre-owned warranties than they do new (most all have 6yr/100k certified used and 4yr/50k new). The idea is to give the dealers as many reason to buy them when they come off lease so the manufacturer doesn't have to take their beating sending them to the auctions.
 
I will agree with you that MOST of the time it make much more fiscal sense to buy used than new, but there are exceptions to very rule.
#381 of 653
SAAB depreciation relative to what? by saablcp
Dec 28, 2007 (8:41 am)
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The unasked question here is"depreciate compared to what?".Your statement has to have a context.All cars depreciate much more precipitously in the first 3 years.This is the basic rationale behind leasing as a financial option.Another component of resale value is market supply and demand.Saabs account for less than 1/4 of 1% of all cars sold in the U.S.A. and have proportionately less demand in the used car market thus impacting negatively on re-sale value.
#382 of 653
Re: depreciation? [eurospecialist] by waterdr
Dec 28, 2007 (9:40 am)
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Replying to: eurospecialist (Dec 27, 2007 4:55 pm)

Yes $3k loss in 18 months is minimal because I purchased used. The car already took most of it's beating. I am not sure if you were agreeing with me or not by the use of the "?".

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