Author Topic: Saab administrators find buyer for ailing car company  (Read 29707 times)

Max Headroom

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Re: Saab administrators find buyer for ailing car company
« Reply #60 on: 27 June 2012, 09:09:16 PM »
During my ownership I did part company briefly with it but bought it back. The last buyer promised me first refusal on it if he ever sold it  - but never did, and then sold it a year or two ago.

All I can find out about it now is that it's SORN. I'd like it back. It was six months old when I bought it

Audax

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Re: Saab administrators find buyer for ailing car company
« Reply #61 on: 27 June 2012, 09:15:28 PM »
During my ownership I did part company briefly with it but bought it back. The last buyer promised me first refusal on it if he ever sold it  - but never did, and then sold it a year or two ago.

I keep wondering about my old 9000 Anniversary, was really nice condition (at least mechanically, few dinks and knocks on the cosmetics) when I sold it and I keep checking and it's taxed but only ever for 6 months at a time (VED next expires end of August). I keep thinking that I'd like to buy it back if given the chance!

Norfolk Jim

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Re: Saab administrators find buyer for ailing car company
« Reply #62 on: 28 June 2012, 08:58:33 AM »
With the housing market as it is its not easy now to move to where a job is with stamp duty at 3% above 250k and agents wanting 1.8 - 2.0% then adding legal fees so you may well have to drive a good distance for work if there's something around but how far do you want to drive.

For example my home is up for sale as I want to move away from the city into the country for some peace and quiet. I work from home so travel to work is zero. Assuming I sell at or around my asking price and manage to buy the cottage we've seen - at the end of it I will have paid out just over £16750 before you add in any price difference in the two properties which in my case will be about £30k but then I'm lucky with no mortgage and funds available.

Up until I worked from home the closest I could get a job to home was exactly 20 miles away. In fact when we moved 25 years ago we decided to come to near the city and me drive the 20 miles rather than live near there as if job went t**s up there'd be nothing else around. That was when I bought my first and only new car - never again. So I know tend to buy something around 4 -6 years old and keep for 2 - 3 years and it has worked so far.

Audax

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Re: Saab administrators find buyer for ailing car company
« Reply #63 on: 28 June 2012, 09:03:14 AM »
With the housing market as it is its not easy now to move to where a job is with stamp duty at 3% above 250k and agents wanting 1.8 - 2.0% then adding legal fees so you may well have to drive a good distance for work if there's something around but how far do you want to drive.

Makes no difference for the majority of people under 40, they've been priced out of the housing market so rent instead and end up paying someone elses mortgage for them.  :-X

My current slightly longer term plan involves getting out the UK as I've quite literally been priced out of housing and I earn a reasonable amount over the average wage here.  :-\

Steve McF

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Re: Saab administrators find buyer for ailing car company
« Reply #64 on: 28 June 2012, 12:04:05 PM »
I guess my gripe is down to the price of things these days. I cannot justify looking to buy a new car that costs £20k or £30k at all. If I had that sort of money I would either be paying it all off my mortgage. or buying a decent 2 or 3 year old car and using the rest to pay off my mortgage!!! Hybrids are woefully expensive, and their long term benefits to the customer are not that clear cut. I mean apart from the very high purchase price, what does servicing such cars entail, and what is it likely to cost after a few years?

Although many years ago now, I bought my 9-5 when it was 3 years old for £8500. The new price for that model was around £22k!!! I sold it after I'd had it 3 years for £2500. So in 6 years, that car was approaching only 10% of its original purchase price!!! :o It was bad enough losing 6 grand on the car in depreciation, but at least I wasn't the one who could have lost over £19k had I bought it new.

And I couldn't afford it new either!!! It's all very well company car users bleating about this and that, but if you don't get a company car, you have to buy one yourself!!!! And for me, that will always mean buying a good second hand example that is maybe only a couple of years old, significantly cheaper than the equivalent new model, and still with warranty remaining on it.

Last year I invested in a 2 and a half year old Peugeot 107, that, even with lots of town driving turns in 50mpg, and with more A road and sensible motorway driving can turn in 55 - 60mpg. Road tax is 20 quid, and insurance very reasonable. Depreciation is also not as bad as you would think, with models much older than mine seemingly still going for prices not far off what I paid for mine (and main dealer examples of the same vintage as mine going for more than I even paid last year!!).

There are 3 of us in our department at work now who have these as our commuter transport (Aygo/107/C1), and there are even more in the car park belonging to other people.

There are other similar cars out there from Nissan, Kia, Hyundai, VW, Skoda etc, and Ford have announced a 1 litre 3 cylinder turbo engine in a Focus that turns in the performance of a 1.6, but with far superior economy. Vauxhall were doing a 1.4 turbo in the Insignia, and Saab had a 150bhp 1.6 turbo in the new 9-5. And Mazda have just announced they are pushing ahead with looking at more fuel efficient petrol engines.

For the sort of miles we do as a family, even a diesel is a waste of money, but a hybrid probably even more so.

Unleaded or LPG, lads......it's the way forward!!!!!!  ;D
« Last Edit: 28 June 2012, 12:06:37 PM by Steve McF »

Audax

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Re: Saab administrators find buyer for ailing car company
« Reply #65 on: 28 June 2012, 12:11:48 PM »
There are 3 of us in our department at work now who have these as our commuter transport (Aygo/107/C1), and there are even more in the car park belonging to other people.

The trouble is with cars like that, I need a car to take the family out at the weekend, so running 2 cars would still cost more than having 1 big car. I also worry towards how safe a small car is in the event of an accident. The whole reason why I started buying Saab was because of how poor the residuals were which meant I could get an awesome car for a fraction of the cost of other things  ;D

I also agree, (modern) diesels are not the way forward, it makes cars expensive and unreliable when trying to control the emissions which cause cancer!  :o

Steve McF

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Re: Saab administrators find buyer for ailing car company
« Reply #66 on: 28 June 2012, 12:19:07 PM »
Quote
The trouble is with cars like that, I need a car to take the family out at the weekend, so running 2 cars would still cost more than having 1 big car.

Now that is very true. Our other car is a Zafira diesel which we use for most of the family stuff and long trips. The 107 is used predominantly by me to go to work in (only ever me in the car), or the missus to do very local sorts of journeys. Sometimes to drop the kids off here and there.

My 9-5 was the best car I have ever owned in terms of comfort, solidity, performance and safety!! The only thing was the general running costs were higher than they would have been for something like a Mondeo, and the parts much more expensive. I'd have loved to hold onto it, but as the family grew and income stagnated in real terms, it had to get traded in for the more practical Zafira.  :-\

And then as the Mk 7 Escort that I was using for work started to get long in the tooth and need bits for MOTs etc (as well as only doing 36mpg), it was time to invest in a small runaround!!!

Quote
I also agree, (modern) diesels are not the way forward, it makes cars expensive and unreliable when trying to control the emissions which cause cancer! 

Also, due to successive government budgets over the years, diesel in the UK is too expensive. Just ask any truck or bus operating company!!!! On the continent, diesel has been traditionally cheaper than petrol...why is it the other way round here? And what happened to the big push a few years back on LPG and dual fuel vehicles??
« Last Edit: 28 June 2012, 12:54:49 PM by Steve McF »

Norfolk Jim

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Re: Saab administrators find buyer for ailing car company
« Reply #67 on: 28 June 2012, 12:40:15 PM »
Think you summed it up Steve.