Bummer.
Like you, I bought my Saturn used. I bought it in September last year. (It now has 87k km [54k miles]. I bought it when it had 76k km [47.5k miles].)
- I had a problem with the air conditioner at first, but the mechanic I go to noticed that a valve appeared to have come loose; he replaced it (for free) and it's worked like a charm ever since.
- I had to replace the muffler & resonator. That sucks, but it happens.
- I noticed that my Saturn burns some oil. Based on conversations that I've seen on this newsgroup, that seems to be par for the course. I fill up with about a quart of oil part-way through oil change periods, and it seems to work fine. (According to most things I've read here, this oil burning -- due to faulty piston rings, some say -- should not seriously impact my engine's longetivity or capabilities. So, I'm not worried.)
I can't attest to my Saturn's long-term reliability, as I haven't really owned it for long enough. I will say that it hasn't stranded me in a dark parking lot in -40 degree Celsius weather, as my previous car (a 1989 Plymouth Colt) did. Nor did it stall and have to be towed one day while it was raining outside (like my Colt). Nor did it have to be towed because the alternator, radiator, or clutch switch died (like my Colt).
On the plus side, the fact that the Saturn *isn't* Japanese has made it tremendously affordable. I can't argue the fact that Japanese cars (specifically Honda, Toyota, Nissan, Mazda) have better long-term reliability records than most of their American counterparts. In fact, I'd completely agree with you there. However, the depreciation rate for Japanese cars is so much slower than American automobiles that they don't provide quite the same return on equity as their American counterparts when buying used.
An example that I've stated here before -- and one of the primary reasons why I think that used Saturns are a good buy -- can be summarized as follows:
- I spent $9100 CAD including tax for my 1999 SL2. (A good deal, IMO.) A similarly-equipped, similary-aged Honda Civic would have cost me $16000 CAD. Let's say that I had the money to purchase either car (I did). Because I went with the Saturn, I pocketed the difference (~$7000 CAD), and invested it (say, at 5% interest, after inflation). In 5 years' time, it's quite possible that I will have had more repairs on my Saturn than on a Honda. Nevertheless, I can't imagine that the repairs on the Saturn will be worth more than the repairs on a Civic plus the $8000 difference that I pocketed originally.
So, in 5 years, I think that whatever remains of my financial savings (plus interest), plus the trade-in value of my Saturn, will be such that I'll be able to buy another American automobile for very little additional money. Good financial planning, IMO.
Just my $0.02.
-kris