Saab may be a good kept secret in the automotive industry, but good (and positive) articles about Saab seem also to be kept in secret.
Cover4fleet insurance is a British fleet insurance broker, and a couple of days ago they wrote a positive article on the Saab 9-5 Vector SE 2.0 TiD, which is very good news for Saab as the fleet market is important.
The article begins with a fact we already knew.
While driving the Saab 9-5 Vector in the past months I have come to realise that it is not just a car, but also gives you a sense of belonging to a community.
Although this is enough for me to buy a car, yes I’m old fashioned, the article continues with the hard facts.
But the car also needs to stand out in the spreadsheet prepared by your accountant, to include it as an esteemed member of your fleet.
They say that the price is right, the mileage is quite good and the taxes are also quite low, but the residual value is still lower than other comparable brands.
Nevertheless the cost of running a Saab is still competitive.
So, if you include depreciation and cost of fuel, the Saab is going to cost you 43.64 pence per mile for 60,000 miles or three years and 38.22ppm for 80,000 miles or four years.
Compared to the Saab, the BMW SE 520d has a better residual value of 35% and 26% for three and four years, and the respective miles, but the list price is much higher at £30,000. In such a case the pence per mile for BMW would be 42.82 and 38.33 which is quite similar to the Saab.
So Saab had a competitive offer when looking at MY ’11. MY ’12 will be even more competitive, lower taxes, more options included as standard, which should
move the residual value up, lowering the ppm cost, thus making Saab a bargain even as a fleet car.
Saab has build a great momentum in the UK, and the MY 12 changes can only strengthen this position. 🙂