Saab warranties will not be honored. That's the message from the erstwhile Swedish carmaker. In a statement to dealerships, the company said warranty coverage "is suspended indefinitely for all new Saab vehicles sold."
It also instructed dealers to "remove the warranty booklet from the owner information packet." Any new Saabs purchased or leased would be on an "as is" basis.
Oddly, the statement also said "during this period" - as if there might be some resolution to this situation (which is looking doubtful). And owners who have had to pay out for any "warranty work done or services performed" should keep their receipts "until further notice." The previous no-charge scheduled maintenance is also cut.
However, for owners who bought their Saabs while the marque was still under by General Motors' stewardship, those warranties are still safe. "In the event Saab cannot or will not fulfill its obligations to administer the warranty programs with its U.S. and Canadian dealers through Saab Cars North America or otherwise, GM will take necessary steps to ensure that remaining warranty obligations on Saab vehicles marketed by GM in the United States and Canada will be honored," said GM spokesman Jim Cain.
Most of these would be 2009 model year cars, since GM divested itself of Saab in February 2010.
Meanwhile, a Saab forum member in Sweden pointed out that a local dealer was offering discounts of 28 percent - with no manufacturer or third-party warranty. Other members felt that reductions would have to approach 35 percent to be more tempting.
AutoTrader.com called a Saab dealer in Los Angeles who informed us that we could "absolutely" get a car loan for a new Saab, but declined to say over the phone how much discount could be offered.