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Resale value...... Posted by Mike Lynch [Email] ![]() ![]() In Reply to: But seriously, what about reliability?, John Murray, Mon, 13 Oct 2003 21:29:02 Members do not see ads below this line. - Help Keep This Site Online - Signup |
According to Consumer Reports, also a good source for reliability tables, Saab resale is "average". Where I work is also a Cadillac Buick dealer, and those brands have horrible resale. A $25k Buick goes for $14k after only one year!
With Saab as with almost all makes there are incentives and 0% financing to help you into a new one. Right now there is a $6,000 incentive on some 9-5's. That makes a $35-40k 9-5 actually sell for the high $20's to the low $30's. So $20k for a CPO model year 2000 is fairly average resale. You just haven't priced a new Saab lately. You can't go by the window sticker.
If I were a BMW/Mercedes salesman I'd pick on Saab resale too. We just had a poster on the BB who recited these figures to prove his point that the German cars have better resale. He said a $40k Saab goes for $16k and a $50k BMW goes for $22k at trade in. To me that comparison favors Saab. I call it German arithmetic. Pay $10k more for the German car and get $5-6k more at turn in. The percentages may look better, but you spent less on the Saab (hopefully you enjoyed it more) and it depreciated less in real dollars.
posted by 207.158.49...
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