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Old 08-04-2008, 11:24 AM   #1 (permalink)
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July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

The average incentive on a Saab in July, according to Edmunds.com, was $8,326, or 23.4% of the vehicle's sticker price.

http://www.businesswire.com/portal/s...20080801005120
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Old 08-04-2008, 12:28 PM   #2 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

And GM is standing by -- ready, willing and able to provide smaller engines just as soon as the American public signals its readiness to purchase them...
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Old 08-04-2008, 01:02 PM   #3 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

Saabs especially their wagons are a very efficient replacement for SUV's for most people who never intend to tow. Too bad their recent advertising ignores their respectable fuel efficiency.

Does anyone who lives outside of the area from Northern NJ to Maine actually buy them? Do they even know what a Saab is? LOL
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Old 08-04-2008, 01:15 PM   #4 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

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Originally Posted by guitarlix View Post
The average incentive on a Saab in July, according to Edmunds.com, was $8,326, or 23.4% of the vehicle's sticker price.

http://www.businesswire.com/portal/s...20080801005120
This may be about to change.

My neighbor liked my new Saab 9-5 so much, he called the dealer to see about a lease.

Same car - same dealer - same salesperson - same terms; As of August 1st, the payment is $ 87.00 per month higher.

Salesperson told my neighbor that Saab apparently does not want to lease vehicles any longer if they can help it.
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Old 08-04-2008, 01:23 PM   #5 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

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Saabs especially their wagons are a very efficient replacement for SUV's for most people who never intend to tow. Too bad their recent advertising ignores their respectable fuel efficiency.

Does anyone who lives outside of the area from Northern NJ to Maine actually buy them? Do they even know what a Saab is? LOL
Saab 9-5 SportCombi (auto): 17/26. $39,730.

Saab 9-3 SportCombi (4 cyl. auto): 18/24 mpg*. $30,360.

Saturn Vue hybrid: 25/32 mpg. $26,270.

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Old 08-04-2008, 04:29 PM   #6 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

This just shows that gm can not run lexury devision. GM spent 5 billion on caddy and all we get is a cts( and we do not even who cts competition is. is it 3 or 5 or c-class or e-class we do not know). Good job gm 8k incentive on caddy and sales are down in double digits. GM should sell caddy, saab and hummer and only focus on high volume brands. Imagine if they spent those 5 billion on chevy instead of caddy. We would probably have cruz and volt by now.

Last edited by Bokl : 08-04-2008 at 04:34 PM.
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Old 08-04-2008, 04:35 PM   #7 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

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This just shows that gm can not run lexury devision. GM spent 5 billion on caddy and all we get is a cts( and we do not even who cts competition is. is it 3 or 5 or c-class or e-class we do not know). Good job gm 8k incentive on caddy and sales are down in double digits. GM should sell caddy, saab and hummer and only focus on high volume brands. Imagine if they spent those 5 billion on chevy instead of caddy. We would probably have cruz and volt by now.
you're still here??? Can't we IP ban? Being you are a brilliant product engineer, please share some advice on what you would do... the CTS is a phenominal car, and the rest of the new caddies will be as well. Hummer is a niche market brand, nothing wrong with it. Saab will get some attention soon. Patience young, stupid, and borderline illiterate one...

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Old 08-04-2008, 04:37 PM   #8 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

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And GM is standing by -- ready, willing and able to provide smaller engines just as soon as the American public signals its readiness to purchase them...
Yeah, but they have to put those small engines into something nice. The Mini is a niche car, but a nice niche car. It has style and that's many folks still want in a small car. If GM had the Beat, Groove, etc. they'd have something cool to put it in.

The real question is not that GM is standing by but what were they doing the past 2+ years instead of building a small car that was a world car -- in other words, saleable in every nation on earth?
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Old 08-04-2008, 04:38 PM   #9 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

The product incentive may be just $24 per vehicle, but the cost per unit for captive costs on BMW's Balance Sheet is much higher. The Mini was expensive to bring to market and BMW doesn't make much per unit when those costs are amortized. They won't be fully free of the start-up cost amortization until the 2010 fiscal year.
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Old 08-04-2008, 04:41 PM   #10 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

Glad to see vehicles still have 2000$ to 3000$ of "wiggle room". Despite manufacturers saying they are trying to stick to MSRP. What ticks me off is the quote I got for a base model 9-5 Sportcombi was $47,000 two weeks ago. Obviously, the salesfly didn't factor in any rebates
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Old 08-04-2008, 04:55 PM   #11 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

And yet somehow Saab sales are tanking... even at 3/4 of MSRP! That is a resounding "NO" from the buying public. Close Saab or sell it... it is absolutely 100% not what GM needs right now.
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Old 08-04-2008, 05:08 PM   #12 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

My father cross-shopped Saab with MINI. He got a MINI clubman. The Saabs were hard to find in Houston, mostly used, and generally had very dull, lifeless interiors. The convertible 9-3 all around had less utility and flexibility than the smaller MINI clubman, too.

What is that $24 bucks? A key fob?

The BMW dealership alongside the MINI dealership my father shopped at was like a ghost town next to a bustling hub of activity. No one was shopping for Bimmers. No one.
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Old 08-04-2008, 06:22 PM   #13 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

Quote:
Originally Posted by njtex View Post
Saabs especially their wagons are a very efficient replacement for SUV's for most people who never intend to tow. Too bad their recent advertising ignores their respectable fuel efficiency.

Does anyone who lives outside of the area from Northern NJ to Maine actually buy them? Do they even know what a Saab is? LOL
I think SAAB is much like Saturn, most know what it is but have no clue where a dealer is. I think people also think they are more expensive than they are.
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Old 08-04-2008, 06:35 PM   #14 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

The only people I known who have bought Saabs are bargain hunters. Either they have access to a GM discount program, or they got an exceptionally good lease rate.

Of course it doesn't help that GM has completely mismanaged the brand with generic unnotable products. That seems to be improving a bit though, but they need a 900-style hatchback badly.
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Old 08-04-2008, 07:47 PM   #15 (permalink)
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Re: July Incentives: MINI = $24 per vehicle sold. Saab = $8,326, Cadillac = $7,933

Dealers probably don't need such high incentives on the Minis because they sell themselves.
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