Saab 9-5 2007 Wagon Navigation Rare 5-speed Manual Priced To Sell on 2040-cars
Woodcliff Lake, New Jersey, United States
Body Type:Wagon
Engine:2.3L 2290CC 140Cu. In. l4 GAS DOHC Turbocharged
Vehicle Title:Clear
Interior Color: Tan
Make: Saab
Number of Cylinders: 4
Model: 9-5
Trim: 2.3t Wagon 4-Door
Drive Type: FWD
Options: Sunroof, Leather Seats, CD Player
Mileage: 171,489
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Exterior Color: Taupe
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
ONE OWNER! 2007 SAAB 9-5 WAGON WITH RARE 5-SPEED MANUAL TRANS,VENTED SEATS, NAVIGATION etc. Equipped: 2.3 Liter fuel efficient 4-cylinder turbo engine, 5-speed manual trans, leather interior, power heated vented front seats, heated rear seats, 2-remote keys, roof rack, xenon headlamps, headlamp washers, fog lamps, rear park sensors, heated windshield, OnStar, XM radio, CD, power moon roof, 17" alloys etc. Damage: Rear tailgate is dented, drivers door panel has what appears to be a cigarette burn, drivers side carpet shows wear as well as bottom portion of drivers seat, hood and windshield have stone chips, hood had dings, front bumper cover was fastened with screws on both sides, tires will need to be replaced (235-45-R17). Vehicle runs well and paint is in great condition. Production date: 8-06. Vehicle is being sold in condition "AS IS!" with a standard New Jersey title. I can arrange shipping at a reasonable rate. I can also assist overseas buyers with export arrangements. We are located 45 minutes from major NJ ports. Contact Allen 201-248-3818.
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Last 900 Saabs heading to auction
Fri, 22 Jun 2012If you've been wanting to get your hands on one last new Saab but missed out on the great Saab sell-off when Saab Cars North America declared bankruptcy, well, your ship has now come in.
Actually, it came in last year - but hundreds of new Saabs got waylaid at ports in California and New Jersey because of the bankruptcy, according to SaabWorld.net. Those cars are now slated for auction, some 900 of them, which will be available for dealers, exporters and rental car companies to bid on beginning next week. Eventually, 300 of these cars should make their way to Saab dealers, where they're expected to be sold off at 30- to 50-percent discounts. The other 600 will either be exported or used as rentals, according to the report, so "the price of Saabs will not be severely depressed."
Besides the new cars, some 67 company cars, including some interesting stuff like a 1960 Saab Quantum IV and a 1970 Sonnett III, will also be auctioned off, according to the report. Of the new cars, just over half are 9-5 models, some 400 are 9-3 sedans, another 60 are 9-3 wagons, and about a dozen are convertibles. According to the report, 28 are actually 9-4X crossovers, which is more than 10 percent of Saab's total 2011 sales for that model.
Spyker to appeal dismissal of Saab lawsuit against GM
Fri, 21 Jun 2013It seems as if Spyker CEO Victor Muller has made a decision on whether or not to pursue a legal battle between his company and General Motors. Spyker has announced it will appeal a US District Court decision to throw out the company's lawsuit against GM. As you may recall, on June 10 Judge Gershwin Drain ruled tht GM had a right to approve or disapprove Spyker's sale of Saab to Zhejiang Youngman Lotus Automobile. Spyker sued GM for some $3 billion, claiming that the American automaker had forced Saab into bankruptcy by stopping Spyker from transferring intellectual property to its Chinese partner.
Spyker has said only that it plans to appeal the decision. Until now, the company has been silent about the ruling. GM, meanwhile, has said it is pleased with the original outcome. You can read the quick Spyker press release below for more information.
Saab US bankruptcy plan gets legal green-light
Thu, 18 Jul 2013It feels utterly bizarre that we're still talking about Saab, but Reuters is reporting that the bankrupt Swedish manufacturer's American arm has gotten approval from the US Bankruptcy Court to liquidate its assets and pay back creditors. As part of the plan, secured creditors like Ally Financial will receive full repayment. Unsecured creditors, consisting of those affected by abandoned leases and contracts will get anywhere from 25 to 82 percent of their money back.
There are currently $77 million in unsecured claims, according to Reuters, but that number doesn't include claims from former Saab dealers. Naturally, the entire affair is full of lawyers and legalese. A trust formed on the Saab side will be negotiating with creditors and their affiliates in an attempt to reduce claims against Saab. This sounds like the start of a long and sordid affair...