Saab will continue to operate normally and support items such as warranty work as it goes through restructuring. A downside of buying now is that a new Saab’s residual value will likely drop faster than if the company wasn’t in this situation. This could be an issue if you plan on trading in the car when you still owe money on it or if the car’s value needs to be appraised in the event of an accident.
On the flip side, you’ll likely be able to find a good deal on some of Saab’s inventory; there’s currently a 205-day supply sitting around dealerships. Saab incentives are still valid and include zero-percent financing as well as cash-back incentives, up to $5,500 on some models.
The Saab lineup could be more attractive at lower prices. At its original manufacturer’s suggested retail price, there are competing vehicles that have more value. The 2009 Saab 9-5 starts at $42,000, but a similarly sized 2009 Volkswagen CC VR6 is $39,800 and comes with all-wheel drive, side curtain airbags for front and rear passengers, six-speed automatic transmission and a more powerful engine than the 9-5. The current cash-back rebates are $4,500 on a 2008 9-5 and $2,000 on a 2009.
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