Kentucky man bought two Maserati Levante cars from Copart for just $20,000 to fix them for a profit

This Kentucky man spent $20,000 on two Maserati Levante cars from Copart and fixed them for a profit.

Of the two cars, one was a 2017 Levante S, which had suffered flood damage, and the other was a 2018 Levante Grand Sport that had been recovered from a theft.

Both had their fair share of issues.

Was engineer Matt Ryan up to the task of bringing them back from the brink?

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Could these two Maserati Levante cars be restored to their former glory?

Both of these cars had suffered damage due to their respective ordeals.

In the case of the 2017 Levante S, being caught up in a flood had left it with water damage, a wrinkled dashboard, and bad brakes.

As for the 2018 Levante Grand Sport that had been stolen, its antenna wires had been cut, the suspension was locked, and it wasn’t starting.

It was engineer Matt Ryan’s hope that he and his team could fix the cars up and make a profit on them.

In the case of the 2018 Levante, it was relatively straightforward.

Once the cut antenna wires were soldered back together and the module was reconnected, the car started up again.

The suspension, which had been knocked out of whack by a forklift overextending, was fixed simply by popping the sensor arm back into place.

One $57 eBay sunroof motor and a software reset for the backup camera later, and it was good to go.

On the face of it, the 2017 Levante looked like the harder fix.

After all, we all know how much flooding can wreak havoc on a car – just look at this Aston Martin DBX for proof of that.

The leather dashboard had to be restretched and reglued after heat and moisture had caused it to shrink.

Doing so required the removal of the windshield.

New brakes and rotors were needed, with a cost of around $1,200.

A faulty thermostat was the cause of a ‘Check Engine’ light, and a blind spot issue was rectified by repairing corroded wiring inside the rear bumper.

How much of a profit did he make from these two cars?

So all in all, how much money was made from these two cars?

Both cars cost around $11,000 to purchase, but additional costs – transport, labor, parts, dealer bills, and detailing – bumped the price up.

The Levante S cost $16,664 and sold for $18,795, at a profit of $2,131.

That’s a respectable figure.

But compared to the profit made on the Grand Sport, it was pocket change.

The Grand Sport cost $15,264 and sold for $19,995 – a profit of $4,731.

While it required more technical diagnosis, it had lower repair costs and a higher market demand.

It’s always good to make a profit off your car, as Gordon Ramsay knows with his LaFerrari Aperta.

To see the repair jobs on these Maserati Levante cars for yourself, visit NKYAuto’s YouTube channel.

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