It Could Be Time to Buy a Saturn

Saturn Aura XR at the Beach

Jessica Anderson from Kiplinger's Personal Finance: If you're in the market for a new car, GM's loss could be your gain. Saturn's dealers have until the end of October 2010 to close, now that a deal has fallen through to sell the car line to the Penske Automotive Group. But many showrooms could close by January because inventory is low. That means the sooner you shop, the better your choices. And there are good reasons to consider a Saturn. Its most popular models — the Aura midsize sedan, the Vue small crossover and the Outlook midsize crossover — all score well in Kiplinger's Personal Finance's rankings. The Aura XE was Kiplinger's Best New Car for the 2007 model year. According to TrueCar, an automotive-data company that tracks prices, the average transaction prices for Saturn's most popular models are within a few hundred dollars of invoice. The average discount from sticker price is close to $1,000 on these models. And more incentives are likely soon.

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Saturn of Tallahassee Files Lawsuit Against GM

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Bob Sura (NBA Photo)

On Friday, May 15th, Saturn of Tallahassee, co-owned by former Detroit Piston player Bob Sura, filed a lawsuit in the U.S. District Court of Florida against General Motors. According to the lawsuit, GM's decision to sell Saturn has both robbed the dealership of sales and violated their franchise agreement. Sales at Saturn of Tallahassee have dropped drastically over the past months. Their first quarter sales plunged 72 percent from just a year ago.