Table of Contents
Introduction: A Saab Enthusiast’s Reality Check
When a 1988 Saab 900 Turbo Convertible Springtime in Sweden (SIS) Edition with just 78 miles hit the auction block, expectations were sky-high. This rare gem was a time capsule of Swedish engineering, preserved in pristine condition for over three decades.
Yet, despite significant interest and a high bid of $59,500, the auction concluded without meeting the reserve price. For many, the result raises questions about the state of the classic Saab market, the car’s desirability, and the factors that influence collector car valuations today.
Let’s break down what happened, analyze why this exceptional Saab fell short, and consider what it means for future auctions of classic Saab automobiles.
The Factors Behind the Auction’s Outcome
1. The Transmission Debate: Automatic vs. Manual
One of the most debated aspects of this particular SIS edition was its three-speed automatic transmission. While undeniably rare—possibly one of only four SIS models produced with an automatic—it appears that rarity alone wasn’t enough to entice bidders. The manual transmission remains the preferred choice among Saab enthusiasts due to its engaging driving experience and reputation for reliability.
For many collectors, the automatic transmission was a drawback, especially since classic Saab 900s are often valued as driver’s cars rather than static museum pieces. Even though this car is unlikely to see much use on the road, the automatic’s reputation for dull performance significantly impacted its desirability.
2. Timing Is Everything
Auction timing plays a crucial role in final bids. The sale took place in November, not the ideal season for convertibles. As some experts noted, spring and summer auctions tend to generate higher interest in open-top cars, as potential buyers envision sunny drives and weekend cruises. The timing of this auction likely deterred some bidders who might have otherwise participated.
3. Softening Market Trends
The classic car market has seen a shift over the past year, particularly as economic uncertainties weigh on high-end purchases. The post-pandemic surge in used car values has cooled, and the days of record-breaking auction results for niche models appear to be behind us.
While the Saab 900 SIS is undeniably a rare and special car, it exists in a niche market. The audience willing to pay top dollar for an automatic Saab convertible is already small, and recent economic trends may have further reduced their willingness to bid aggressively.
4. The Reserve Price and Auction Strategy
The seller set a reserve price that ultimately wasn’t met. While reserve prices can protect sellers from underselling valuable items, they also risk alienating potential buyers. Many auction experts argue that a no-reserve auction attracts more serious bidders and drives final prices higher.
In this case, the high bid of $59,500 likely reflects the market’s current valuation of this specific car. Setting a reserve well above that—potentially in the $75,000–$100,000 range—may have been overly optimistic, especially considering the challenges mentioned above.
5. Comparisons to Previous Auctions
The performance of this auction has naturally drawn comparisons to another notable sale: a 1987 Saab 900 Convertible with 246 miles that sold for $146,000. While that result set a benchmark, it’s important to understand the unique circumstances behind that sale. The buyer reportedly had a personal connection to the car, making it an outlier in terms of emotional value and price.
In contrast, this 1988 SIS lacked such a compelling backstory, and its automatic transmission further diminished its appeal. As one market observer noted, the perfect alignment of variables that led to the $146,000 sale simply wasn’t present here.
6. Presentation and Photography
The car’s auction listing and photography also came under scrutiny. For such a high-value vehicle, the presentation matters immensely. Some enthusiasts pointed out that the quality of the listing did not match that of other high-performing auctions. Subpar photography and minor flaws, such as the glovebox delamination, may have influenced potential bidders’ perceptions.
Lessons for Future Auctions
Collector Values Are Evolving
Classic Saab buyers, even those looking for rare models, increasingly value cars they can drive and enjoy. The three-speed automatic, while rare, limits the car’s appeal as a driver’s car, and the market reflects this preference. Future sellers of collectible Saabs should consider the importance of both originality and functionality.
Timing and Presentation Are Critical
To maximize results, auction timing should align with the car’s intended use. A convertible like this one would likely perform better in spring or summer, when enthusiasm for open-top driving is at its peak. Additionally, high-quality presentation, including professional photography and detailed descriptions, can make a significant difference in how a car is perceived.
The Market Remains Strong but Selective
While the Saab market isn’t what it was at the height of the post-pandemic boom, well-preserved models still command strong prices. However, buyers are becoming more selective, and achieving record-breaking results requires the perfect combination of rarity, condition, and desirability.
The Future for This Saab
Though the auction didn’t meet the reserve, the seller remains optimistic, as indicated by their statement: “We look forward to working with the highest bidder.” It’s likely that private negotiations will follow, and the car may find a new home in the near future.
This Saab’s story isn’t over—it remains a benchmark for preservation, showcasing what a Saab 900 looked and felt like in 1988. Whether it ends up in a museum, a private collection, or with an owner who values it as a piece of history, this car will continue to be a symbol of Saab’s engineering and design excellence.
Conclusion: A Missed Opportunity or a Sign of the Times?
The 1988 Saab 900 Turbo Convertible SIS Edition is an exceptional vehicle, but its auction result highlights the complexities of the classic car market. From timing and transmission preferences to market trends and presentation quality, multiple factors played a role in this outcome.
For Saab enthusiasts and collectors, this auction serves as a reminder that while rarity and condition matter, aligning the right car with the right buyer at the right time is the true key to success.
Greedy, thinking: My car is priceless! It’s an automatic, nobody cares that it has 78 miles…it’s old and still going to need everything replaced if you drive it.
There were several other questions, including lack of paperwork (title), fit and finish of the SIS panels, mileage verification…
Automatic transmission , Market Uncertainty’s
It’s a convertible!!!!
Wrong time of year and an automatic. USD 60k is still a decent price for a winter sale automatic. It’s possible black isn’t the desired colour for the would be buyer. Red seems to do better.
red not an option in this case. SIS’s only came in black. Also, there were only 4 made with an automatic, so it is potentially desireable.
Wrong time of year to sell a convertible. Should have waited until Spring.