Salesman shared which type of used car you should buy if you want to ‘look rich’

A salesman in Tampa, Florida said you should probably buy a Maserati if you want to ‘look rich’.

According to him, Maseratis age well but depreciate really quickly, and buyers can use that to their advantage.

Several automakers manufacture cars that we associate with ‘being rich’, but depreciation is what makes them affordable to a broader customer base.

Unless you are actually rich, that is, in which case you can buy whatever car you want anyway.

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The reason why this Florida salesman thinks Maseratis are perfect if you want to ‘look rich’

Cassian Levinson of Cassian and Cars, a dealer in Tampa, Florida, shared today’s top tip on TikTok.

In his clip, Levinson argued that Maseratis tend to age really well in that they look good even years after launching and always look like they cost a lot of cash.

But, at the same time, they depreciate a lot faster than equivalent brands, in part due to the fact Maseratis are considered unreliable.

He’s not wrong.

Let’s take the Maserati Levante, the brand’s biggest SUV, as a case in point.

Prices for this SUV start at $90,700 and go up to just under $170,000, but a second-hand model with less than 30,000 miles on the clock can easily be had for $50,000 or less.

It gets even better if you’re okay with a vehicle that’s covered a bit more miles.

Examples with 40,000 or 50,000 miles on the odometer can go for as little as $20,000.

Depreciation is a silent killer

Depreciation affects (nearly) every new car, but it is particularly important to prospective buyers of high-end brands.

This is becoming a serious problem for – to use just one example – Porsche because the Taycan is underperforming on that front.

Depreciation also plays a key role for a long list of models sold by the likes of Audi, Mercedes, and BMW.

Not long ago, a YouTuber was able to buy an R-Class (pictured below) with a 5.0-liter V8 for just $1,500.

We’re talking about a vehicle that cost well over $70,000 when it was new.

Interestingly, while most cars depreciate, there’s also an elite club of cars that actually appreciate with value over time.

This is particularly evident when it comes to limited-edition vehicles, and we’re not just talking about the big names either.

In 2010, Lexus launched the LFA, a V10 supercar that cost $375,000 when it was new.

Everyone thought it was a crazy price back then, but the LFA is a car that’s worth a lot more now.

A while back, a model in mint condition sold for over $1 million.