It's been over a decade since Saturn went out of business.
We're accustomed to seeing classic sports cars like the Porsche 924 or rare special editions rise in value as they age. Enthusiasts know when something is special and are willing to pay for it. However, what we didn't expect to see in 2021 are the rising prices of used Saturns. In fact, the values of used Saturns are rising more quickly than those of any other car brand. Saturn was discontinued over a decade ago but its range of efficient vehicles could hardly be termed memorable, so the rise in used values is a peculiar scenario.
According to Car Gurus, prices of used Saturns increased by just over 26 percent over the last 90 days. The next closest car brands with the biggest increase in used car prices are Smart (+21.9%), and Ford (+21%). The rise in Saturn used car values could be partially explained by the effects of the pandemic. Consumers are looking to purchase cheap second-hand vehicles and they don't get a lot cheaper than an old Saturn. It's worth noting that used car values have increased among all car brands over the last 90 days, indicating a wider trend not limited to the defunct Saturn.
One of the last Saturns to be sold was the Aura sedan which was closely related to the Chevrolet Malibu of the time. It was also nothing much more than a rebadged Pontiac G6. It's this rather muddled identity that played a part in the downfall of Saturn in 2010 after General Motors launched the brand in the mid 1980s. While buying a second-hand vehicle from a defunct brand comes with a few risks such as a lack of parts, we can see how older Saturns are good deals if value is on top of your list of priorities. On the other side of the equation, luxury brands like Bentley, Ferrari, and Lamborghini have seen the lowest percentage increases in used car values over the last three months.