The last “Saabs” Are Going to Auction

Right before Saab Automobile AB and its former owners, Swedish Automobile N.V., broke down and declared bankruptcy, a good hunk of their cars were shipped off to North America for U.S. sales. When the inevitable happened in December 2011, those cars were thus stuck in shipping ports and soon after, seized by a U.S. loan company, Ally Financial. Perhaps now that Saab is no longer dead in the water, those 900 vehicles without parents will soon be sold off to auction.

The Saabs in question are a variety of models ranging from 9-3 Estates to 9-5 sedans and even the somewhat “controversial” 9-4X SUV. According to SaabWorld.net, Ally Financial will begin its first round of auctions June 28 which will be composed of 45 vehicles. Of the 900 Saabs stored in two California sea ports, just 300 of them will be available for purchase by dealers while the remaining cars will be sold exclusively to rental car companies and car exporters. With these Saabs finally going on sale, the last of the pre-bankruptcy machines will finally find homes and do so at a discounted price. If played out just right, a brand-new 9-5 could land in your driveway for up to 50 percent off its original MSRP.

Source: SaabWorld.net