'Now is the time' for a bargain Saab
04 January 2010
Drivers looking for a new vehicle could find they are able to make the most of bargain prices for Saabs as the future of the company remains in doubt, it has been claimed.
While Saab parent company General Motors (GM) continues to consider offers from Dutch car firm Spyker and other unnamed bidders, the future of the firm remains in doubt.
Such a situation has helped to soften prices for the marque, just as it did for Rovers on the used car market before the brand ceased trading, Used Car Expert states.
The magazine notes that prices for Saabs have continued to soften from their already undervalued position as a result of the ongoing uncertainty over the car manufacturer's future.
Used Car Expert editor Matt Tumbridge said that prices won't remain low forever, even if GM do decide to wind down the brand.
"Rovers, which are nowhere near as good, are now very firm in terms of used car residuals. Saab have a following, are close to BMW in terms of style, performance, comfort. It's lunacy that prices have been so soft so long and as soon as Saab's future is clear, prices will firm up. Now is the time to buy," said Mr Tumbridge.
He added that the brand has for a long time not been given enough support by parent company GM and as a result UK dealers are discounting stock to get rid of the vehicles.
GM is currently expected to make an announcement on the future of the Swedish car brand on January 7th.
The views expressed within the article are entirely those of Adfero Ltd and are not those of the BGL Group