The Saab United blog raised more than the $29,330 needed to buy the car, The Local reported.
"We, the fans, set out on a mission to buy a car, and not just any car, we set out to buy the last of a production series, the last Saab 9-3 Griffin," operators of the Saab United blog posted Friday. "And we have done it. Today we passed the amount required."
More than 600 diehard Saab fans donated funds to buy the last Saab produced.
The car will not be in the hands of Saab United for long, however, as the group plans on donating the car, as well as extra money donated, to the Saab Museum in Trollhattan.
Saab Automobile declared bankruptcy in December 2011, following the failure of a Chinese partnership to follow through on a takeover.
Saab United was started in 2005 by Australian Steven Wade and later taken over by Tim Rokka.