Now that Saab is officially in bankruptcy, a certain death-toll for it’s US franchises, owners are finding out they are not left unscathed.
The past few years Saab dealerships anxiously touted free scheduled service as part of the sale, but now that the Swedish car company is in BK, those “free” scheduled service visits are coming with a bill.
As dealers attempt to order parts, some of which are available, the reality is the dealer and consumer know one of them is picking up at least part of the cost: labor, parts or both. There is no “warranty claim” department to send the bill to. The consumer leasing though Ally, has no recourse through the bank, since the financing arm has no responsibility for the manufacturer’s mechanical promise to repair.
Saab car owners could be creditors.
As the bankruptcy courts untangle the list of creditors, Saab owners should be prepared to battle the dealership for goodwill coverage, or find a way to have their expenses listed on the court records. Unfortunately, the resale value of this car is now at zero, so the best possible situation is to try to keep it running as long as possible at minor expense, and if you are leasing it, start counting the days until the lease is close to over.
Saab leases a not so easy way out of BK issues.
Saab leasee’s should determine if they are within 6 mos. of the end of their lease, and if they want to get out this window would be the best possible scenario, other than being at lease end termination. Some new car manufacturers are showing “conquest or competitive” rebates to lure you over to their brand. If you are within 6 months of the end of your lease, or looking at possible service expenses, start shopping now.
I will keep you updated here, on news of the Saab bankruptcy proceedings.
Sarah Lee Marks is MyCarlady. She has over 22+ years of experience. She writes about cars, and is a staunch consumer advocate on car related subjects. MyCarlady offers free car buying advice, and private, auto-related services to help you maintain your personal or commercial vehicles. Call Sarah Lee for more information: 702-521-7546. Join the MyCarlady newsletter to be kept up-to-date on this and other important car information.