When buying my first car I had a goal in mind. In order to purchase a car, I needed to pay off my college loans first. I worked two jobs and scrimped and saved because as soon as I payed off my college education I would have my wheels. It took me four years and a lot of sacrifice on my part (staying home many Saturday nights), but I was able to save enough money.
My car was the first thing I owned with out any financial help from my parents and the first real grown up decision I made. Over this past summer I was finally able to pay off my car.
Then yesterday I hear this depressing bit of news:
GM said it expected to phase out Saturn in its viability plan submitted to the government on Tuesday, and later that day GM executives said all options were on the table.
With a franchise agreement that sets dealers up as an independent distribution network, it will be easier and cheaper to drop Saturn than the $1 billion it cost GM to kill Oldsmobile in 2004.
Saturn gets its engines, transmission and body stampings from GM, and is so intertwined with GM it couldn't be sold because no one would buy it. Either it gets spun off or it dies of old age like Plymouth did at Chrysler.
Hopefully Saturn will not die off because I think they are one of the best cars out on the road. I haven't had any big problems and the air conditoner still works! You know a car is a good product if the air conditioning can still deliver.
Any other Saturn owners our there? Or does anyone have any first care stories they want to share?