Saabs Sold At Bonhams Auction – Paris

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Five Saabs were offered at auction overnight at Bonhams auction house in Paris. Four of them were owned by the former Saab importer to Belgium – Behermans.

The first to go under the hammer was a Saab 96L from 1976. The estimated sale price was between €8,000 and €12,000. Some thought that optimistic and it turns out they were quite right.

This SAAB 96L remained with its second (lady) owner in Turnhout, Belgium from 1980 to 2011 when it passed to the current vendor. Only some 10,000 kilometres have been covered over the last 12 years. Restored during 2011/2012, the car is described as in generally very good condition and offered with Belgian registration papers, technical inspection, and some older registration documents.

The car sold for €4,500 plus buyer’s premium, making the final price €5,175

Saab96L

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Next up was a Saab 92B from 1953, presented in very nice order (if you believe the photos). The estimate was quoted between €10,000 and €15,000. The car was offered with no reserve.

Currently owned by the former SAAB importer for Belgium, this 92B saloon has been off the road in storage for the last 20-plus years and is presented in non-running condition, in need of re-commissioning/restoration. A total of 58,652 kilometres is currently displayed on the odometer. Accompanying documentation consists of a 1979 purchase invoice from Saab automobile ab, assorted correspondence dating from the 1980s, and two period photographs.

The car sold for €9,000 plus buyer’s premium, making the final price €10,350

Saab92B

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Bonhams referred to the next car as a Saab 95 ‘Break’, which I thought was just great. The car is from 1961 and was offered for sale by Behermans. It’s a two-stroke with a 4-speed gearbox. The quoted estimate was between €20,000 and €35,000. That’s pretty steep, but it does look great and having driven a similar car at the museum, I can tell you it’s a barrel of fun.

First registered on 15th September 1961, the vehicle offered here is an example of the SAAB 95 estate car. Mechanically identical to the contemporary ’96’ saloon, it shared that model’s longitudinal two-stroke engine but came with the four-speed gearbox as standard. Purchased in 2005 by the current owner, the former SAAB importer for Belgium, the car is offered with the 2005 purchase invoice, old technical control document and Belgian registration papers.

The car sold for €15,500 plus buyer’s premium, making the final price €17,825

Saab95

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Lot 351 was a Saab 93 from 1957 with a pair of rear-view mirrors that look a little strange to me. The quoted estimate prior to auction was €15,000 to €25,000.

The SAAB 93 offered here previously formed part of the private collection belonging to an elderly enthusiast in Alicante, Spain, from which it was sold circa 2008. Currently owned by the former SAAB importer for Belgium, the car requires mechanical re-commissioning before returning to the road. Accompanying documentation consists of correspondence, bill of sale, maintenance invoice, press cutting and Spanish registration papers.

The car sold for €11,000 plus buyer’s premium, making the final price €12,650

Saab93

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The final Saab for sale was the black Saab Sonett III that I featured here a few days ago. I complained about the black paint but others didn’t seem to mind too much. The auctioneers certainly liked it, giving the car a sales estimate between €20,000 and €25,000.

Delivered new in the USA and original finished in yellow, this 1,700cc Sonett III was first registered on 15th September 1972 and currently displays a total of 56,000 miles on the odometer. The accompanying history file contains detailed maintenance invoices relating to the car’s time in the USA dating back to the 1970s, together with registration records and a copy of the State of California Certificate of Title. The Sonett later came to Belgium and in 2005 was purchased by the current owner, the country’s former SAAB importer. He had the car restored, changing the colour to black and having the interior re-trimmed in beige leather at a cost of approximately €15,000 (see photographs and invoices on file). The gearbox was overhauled in 2011. Last registered in 2007, the car is offered with a Sonett brochure and other related information; the original service book; assorted pre-restoration photographs; rally entry document; and a FIVA identity card (2008).

The car sold for €17,000 plus buyer’s premium, making the final price €19,550

BlackSonett2

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What do you think of the results?

Heartened? Or disappointed?

I’m quite amazed at the price of the Sonett. A buyer could have bought one for quite a bit less in the US in original condition with a genuine Saab color, though without the specced up interior.

I think the people at Behermans will be pleased, over all.

Thanks to Alistair for recording the last 4 results via Facebook after I gave up and went to bed around 1:30am! 🙂

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8 Comments

  1. I know nothing about two-digit Saab prices, but I would love to have a chance to buy that 96 at that price. The fun to be had is worth that price and more. Maybe I should look around here…..

  2. I am happy, but not surprised. This is great news. I looked at this lot of SAABs on the host website and they were all exceptional examples and obviously professionally and correctly restored/maintained.

    There is a big difference between maintaining and restoring and rebuilding. What looks like a well maintained or restored 1973 Porsche 911, to the unassuming eye, sells for 500k when Singer has rebuilt it.

  3. The good news is that classic Saabs are still within the reach of regular enthusiasts. The bad news is that there isn’t much of a financial upside in the end. As far as hobbies are concerned, you could do much worse.

    There’s a big difference between the classic car hobby and the headline-grabbing classic car business. People don’t buy vintage mass-produced Saabs to diversify their investment portfolio. They buy them because they enjoy owning them.

  4. I must say that I am heartened by these results, but still am of the view that classic Saab ownership is a matter of the heart rather than an investment. Even at these prices, I doubt that any classic Saab owners are going to even re-coup cost invested, let alone make money on their Saabs. But that is fine with me – classic Saab ownership is a hobby for me!

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