Saab attracts another potential buyer, GM wants to see the financing

Used Saab models in New Jersey may begin attracting attention if General Motors is successful in selling the Swedish company to one of its suitors.

Although recent headlines have indicated that Spyker Cars was the only company to make a serious bid for the automaker, it seems that Formula One racing boss Bernie Ecclestone is making a late charge to purchase Saab.

Ecclestone and the company Genii Capital announced on Thursday that they plan on putting together a bid to purchase Saab because of the information and communications technologies that are associated with the car maker, according to AutoWeek.com.

GM CEO Ed Whitacre has said that several companies have showed interest in Saab, but not one company has been able to line up financing.

“You know it’s real easy – just show up with the money and you can have it,” he said. “But no one’s showed up with the money.”

It is still unclear if General Motors will sell the company or will simply close its doors. GM has already extended a January 1 deadline for making the decision.