In September one of our topics was the generation change in old sheet metal and the end of the Uptrends the prices of the Saab 900 Cabriolet. Times are bad. The seemingly never-ending pandemic hits the mind. It's no wonder that against this backdrop, prices for classics are falling.
The best story won't help
The readers may remember. July was a nice one Saab 900S convertible Subject on the blog. In principle, a good story with a few kilometers, consistent equipment and good condition. The price seemed fair and there was indeed feedback from the readership.
Nobody bought the Saab, although the price was okay. Doubts arose as to whether 20.930 miles (approx. 33.684 km) is the real mileage or 32.000 miles (approx. 51.499 km). Perhaps it was also due to the fact that only a naturally aspirated engine works under the hood and that the convertible is not yet 30 years old. Then the import into the EU would have been privileged.
Meanwhile, the Saab is back at Ebay advertised. The price has fallen to a new low of 8.700 US dollars (€ 7.360). You have to realize that one way or another the mileage is very low, and the 900 is the last, normally coveted year of manufacture.
Bad time to sell cars
In general, it is the buyer's time, not the seller's time. 127 prospective buyers watch the sales advertisement, nobody has pressed the button to buy. Presumably, the majority are betting on a further falling price and hope that the provider will show nerves.
The time is bad to sell cars. Especially when it comes to vehicles for the hobby. The mood is not exactly such that you would get the idea to put an open classic in the carport. Those who keep their nerves can currently get a bargain.
The web is full of exciting opportunities. A Saab 9-5 NG was advertised in Switzerland at the weekend. Aero equipment, all-wheel drive, 2 liter engine and only 43.000 kilometers. The price was so attractive that the ad disappeared within a short time. Buying countercyclical is the order of the day. If you have money at your disposal that you don't necessarily need and enough space, you can now bring your dreams home.
For those who want to sell, however, it is important to keep calm. At some point, times will get better, prices will recover. It is uncertain whether they will reach the pre-crisis level.