This could be the beginning of the end.

Saab loyalists who are looking for used cars in New Jersey may want to increase their efforts in the near future.

It’s being reported that General Motors is close to a deal that will sell its Swedish unit Saab to Koenigsegg, a car manufacturer known for making “a handful of $1 million supercars” with its 50 employees, according to Reuters. This runs counter to Saab’s current image of a brand that produces a number of family cars which are touted for its reliability and safety features.

Both sides have reportedly signed a letter of intent and financing has been agreed upon, which leaves minor issues to be resolved prior to an official sale, according to the article.

Despite its popularity, Saab has reportedly not posted a profit in 10 years.

Considering a sale may be imminent, this may the last chance for some people to purchase a used Saab.

As used vehicles go, the Saab 9-7X SUV from 2005 to 2008 was the highest ranked in the Saab category on ConsumerGuideAuto.com, with the reviewers saying the vehicle “delivers better driving dynamics and interior design than the General Motors SUVs on which it’s based.”