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Saab 9-3 Prices Paid and Buying Experience

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

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

 


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#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 "?".
#383 of 653
Nice car, but electrical system worthy of Yugo by nondescript42
Dec 28, 2007 (10:20 pm)
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Beware of Saab...
 
We got rid of ours after owning it for two years and driving 15K miles on it. Long story short, we got rid of it because we kept having serious electrical problems with the car. The worst part was that the battery died on us after two years of ownership. When we called the Saab roadside assistance people, they sent out a couple of cars and it took 9 hours to jump start. Why did it take so long? According to the Saab service people, the car is designed not to be jump started since the car has so many delicate electronics - funny how Lexus, Mercedes, BMW and other don't seem to have such "delicate electronics." So, basically it was a design flaw - I say this because the tow truck people didn't really know of this "feature." Don't want my newborn and wife getting stuck in the middle of nowhere with a car that can't be jump started.
 
Anyways, when we went to go sell the car, the Lexus dealer called the Saab dealer to see if they would buy the car. The Saab dealer told the Lexus dealer that they would not buy the car since, presumably, they probably couldn't sell the car. On the other hand, as long as the Lexus dealer didn't pay more than $15K for the car, they'd be fine... a car that two years ago we bought for $40K+ - talk about a disaster for a depreciation. We will never buy another GM vehicle - much less a Saab ever again.
#384 of 653
Re: Nice car, but electrical system worthy of Yugo [nondescript42] by waterdr
Dec 29, 2007 (9:53 pm)
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Replying to: nondescript42 (Dec 28, 2007 10:20 pm)

Yup...welcome to the Saab depreciation dissaster! Tis why I bought used and with a 100K warranty. Saabs seem to loose money faster then other brands in the first few years.
 
BTW, my wifey likes to leave the keys in the ignition for some dumb reason which has killed the battery twice. Both times I called Saab roadside. Both times they came and jumped the car in seconds using standard, run of the mill jumping equipment. I think the last guy that jumped it was nammed "Bufford" and I think he just got out of bed eventhough it was 3 in the afternoon.
 
There is nothing special with jumping a Saab with a dead battery. A battery is a battery.
 
The last GM vehicle I owned previous to this was a Suburban....and put 100k miles on it. It was NEVER in the shop....not once except for oil, tires, and brakes. The first set of rotors did not go on it until 65k. When I got rid of it, the only thing that did not work was the electronic compass on the rearview mirror.
 
Meanwhile, the guy across the street is undergoing lemon law proceedures against Honda. The car is in the shop more then it is on the road due to a suspension design flaw that can't be fixed. Go figure.
 
While I can relate to your family concerns and know all too well the pain associated with loosing a child, Saab makes one dam safe car. I feel very confident in mine and one of the reasons we own it.
 
It was unfortunate your luck was bad and you feel the way you do. I really can't find fault with Lexus as this brand is a great choice.
#385 of 653
Re: depreciation? [waterdr] by saablcp
Dec 31, 2007 (7:38 am)
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Replying to: waterdr (Dec 27, 2007 11:34 am)

Oh,by the way....you might want to google Forbes Magazine's list of "10 Least Expensive Luxury Cars to Own".Published in August of '07 it calculates total cost of ownership (incl.depreciation)for 5 years of ownership.The 4th least expensive vehicle was the 9-3 Sport-combi.The 2nd least expensive vehicle to own was the Saab 9-3 Sedan.I hope these "facts"have some impact on your "opinion"!
#386 of 653
Re: depreciation? [saablcp] by waterdr
Dec 31, 2007 (9:45 am)
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Replying to: saablcp (Dec 31, 2007 7:38 am)

Hey, I am always open to evidence. That is certainly good information to have and great for us Saab owners. However, I guess you have to consider what they are comparing the vehicle too. BMW, Jag, Caddy, and Mercedes have all done terrible these past few years with re-sale while when you look at Honda and Toyota it is a different story. Also, I think calling a Saab a Luxury car is a stretch. In many casis, the initial purcahse price is a lot less then the initial price of other makes which would make the cost of ownership lower too.
 
As a Saab owner, I don't place Saab in the same playing field as many of the other luxury brands.
#387 of 653
Re: depreciation? [waterdr] by waterdr
Jan 01, 2008 (9:49 am)
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Replying to: waterdr (Dec 31, 2007 9:45 am)

Here is an example of a "luxury" 9-5 2001 Saab with lowish miles getting $4,500:
 
http://townhall-talk.edmunds.com/direct/view/.ee9c851/34544
 
Sad....very sad, indeed if you ask me.
 
Go to the last page.
#388 of 653
2008 Deals by obrientwo
Jan 01, 2008 (1:02 pm)
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Currently the deals on left over 2007's are very good, but the deals on 2008 are not that special. However a dealer told me that great deals on 2008's will start after January 1, 2008. Anyone heard about great deals on 2008's? I like Saabs but will not buy one unless a special deal due to rapid depreciation in early years of ownership. On the left over 2007's, does the $4000 rebate for 9-3's apply after you negotiate a deal with a dealer?

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