The problem with re-engining the SAAB is that once you've spent that much you'll feel obligated to fix whatever goes next like the A/C or the tranny, and so on until you've got more in it than a new car.
As for buying used vs new I agree, buy used. But these days if you keep your eyes open and do the math, there are often lease deals on new cars that if you add up the payments, amount to less than what the same car would depreciate if you bought it and sold it after the same number of months. They're subsidized by the manufacturers as a way to get you back in 2-4 years for another new car rather than in 6-7 years if you bought it.
As for buying used vs new I agree, buy used. But these days if you keep your eyes open and do the math, there are often lease deals on new cars that if you add up the payments, amount to less than what the same car would depreciate if you bought it and sold it after the same number of months. They're subsidized by the manufacturers as a way to get you back in 2-4 years for another new car rather than in 6-7 years if you bought it.