Why are used Maseratis so cheap-Is it worth buying a used Maserati?

Whether you are considering purchasing one of the sought-after pre-owned Maseratis for sale in your area or searching for one at a dealership, you must weigh the pros and cons.

Now, I’ll admit that when I was compiling this list, I expected there to be far more cons than pros.

However, it appears that the opposite is true, and the benefits outweigh the drawbacks.

Nonetheless, it is critical to recognise both the reward and the risk of purchasing a used Maserati, even if ignoring the risk in the end is worth it

Maseratis are gorgeous cars, but the new cars should only be purchased by those with a lot of money.

Why? because they are Expensive to purchase and maintain, and even if you do it yourself, the parts are imported and expensive.

The good news is that these cars depreciate quickly, which is one of the main reasons people like buying used Maseratis so much.

I did a bit of research to find out more . So, why are Used Maseratis are so cheap?Here is what I found.

1.Are They Attractive? No Doubt!

Used or Brand new these cars are a very enticing purchase pre-owned because of the depreciation and the way they look.

Whether it’s a Quattroporte or a Ghibli, they’re both stunning and fast.

They are, after all, advertised as both luxury and performance vehicles. It would be foolish to get one solely for the purpose of performance or for the sole purpose of comfort.

Purchasing a pre-owned Maserati is a significant investment, so it’s critical to understand what these vehicles are capable of.

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2. Used maseratis are very Affordable

Many drivers are surprised at how inexpensive it is to purchase a used Maserati.

The Maserati Ghibli and the Maserati Quattroporte are two of the automaker’s best-selling models. Inside and out, these ultra-luxury sedans exude exceptional power and elegance.

The Quattroporte and Ghibli have the highest three-year depreciation rates in the sports car category, according to a recent study.

Both of these models have a three-year depreciation rate of more than 50%.

Their high starting prices account for the steep depreciation rates. For less than $40,000, you can get a Quattroporte or Ghibli from the 2018 model year.

Buying a used car can also reduce your upfront and incremental costs. Taxes, title, registration, and insurance on used cars can be less.

This reduces not only the cost of acquisition but also the cost of ownership, potentially raising the value of trade-in at a later date. That’s clever.

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3.They depreciate quickly, which is a good thing.

You are already aware of Maserati’s superior road performance.

Every Maserati (pre-Owned or NEW) will depreciate quickly, and it’s not uncommon to find one with anywhere between 60-80% off it’s original $100,000 price tag.

Luxury cars have steep depreciation because owners likely trade them in when they become outdated and used car buyers don’t want to pay a high premium on a dated model,” iSeeCars CEO Phong Ly said in a prepared statement.

For Instance, A 2015 Maserati Quattroporte with only 40,535 miles is available for $40,000 online or with a dealer. A car that used to cost upwards of $90,000 is now worth $20,000 and is in relatively good condition.

Maseratis have a unique depreciation rate in the luxury sports car market, which is one of the reasons they are so appealing.

Even newer Maseratis depreciate quickly, and it’s not uncommon to find one for 60-80 percent off the original $100,000 price.

4.Buying Certified Pre-Owned Cars Might Mean You’re a Smarter Car-Buyer

If you’re worried about the costs of repairs and maintenance that come with buying a used car, a CPO ( Certified pre-owned)vehicle may be worth considering.

CPO vehicles are more expensive because they’ve been rigorously inspected to ensure they meet manufacturer standards.

All major systems are refurbished, repaired, or replaced as needed, reducing reliability concerns. Most certified pre-owned programmes include extended warranties that alleviate such concerns.

The perks range from car rental allowances to satellite radio and assistive support services such as OnStar.

Consider a CPO programme if you want a little more assurance when buying a used car.

However, there is a large disclaimer here.Maserati isn’t known for its dependability, and its vehicles are expensive to maintain, as you’ve probably heard.

While buying a used Maserati is appealing due to the lower prices, neither the Quattroporte nor the Ghibli has high reliability ratings from experts such as Consumer Reports.

The NHTSA has issued six vehicle safety recalls for the 2017 Quattroporte and five for the 2017 Ghibli.

As a result, we would not recommend these models as ideal daily drivers.

5. Buy it as a Fun Car/weekend car: Not be your daily Driven car

However, there is a way to effectively ignore the risk while reaping the benefits of owning a Maserati.

Simply purchase it as a toy car. $40,000 for a 2015 with only 50,000 KMs isn’t bad, especially considering the type of vehicle.

However, unless you can afford the significant upkeep that comes with daily use, only buy it as a weekender car.

Don’t use it as a daily driver because the wear and tear will necessitate more frequent (expensive) repairs, and the 11 mpg city and 14 mpg highway will drain your wallet.

You can enjoy the Maserati experience to the fullest if you plan ahead with your financing and only buy it as a car to take to shows or out on the weekends.

Furthermore, $40,000 is less than the price of a typical 2016 sedan on the market today.

So, if you’re looking for a second vehicle to drive to work five minutes away, or simply a weekend cruiser, why not consider a Maserati?

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Some Risk while Buying Pre-Owned Maserati:

Now that we’ve discussed how good they look and how fast they can go, it’s time to consider the disadvantages and Risks.

Even if they depreciate quickly and you can get one for Just $30,000, you must keep in mind that they are also expensive in the long run.

For example, some of Maserati models only gets 11 mpg city and 14 mpg highway, indicating that it is a massive gas taker.

If something breaks, which is more likely than in a regular car because it is a high-performance luxury sedan, you won’t be able to fix it yourself.

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As a result, you will be forced to look for someone to do the work for you.

Unfortunately, this task becomes even more difficult when you realise you can’t simply take it to your neighbourhood corner garage to have it serviced.

You must locate a specialist type shop/dealership that is familiar with working on imported, foreign vehicles.

Furthermore, labour , parts and repairs will be highly expensive for two reasons.

The first reason is that it is a high-performance vehicle, and those parts are not cheap.

The second reason is that it is a foreign vehicle, which means that even something as simple as a door handle will be costly.

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1. Maserati Parts are harder to get

One of the main reasons Maserati repairs are expensive because their parts are harder to source and replace due to the limited number of suppliers of rarer components.

Also, They take quite a Lon time to get Repaired due to Unavailability of quality spare parts.

I did a Survey In a FB Group of Maserati owners and 80% if them said they don’t get parts easily some even said they wait for weeks and even months to get parts shipped.

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2.Apart from Repairs - Maintenance is High

In addition to repairs , maintenance does cost more than any standard car.

Maserati ownership is very expensive in terms of real dollars. May not be that far off compared to other car brands that produce similar cars (BMW, MBZ, Porsche).

Of course, the cost of ownership is not limited to repairs and also includes depreciation, maintenance, and consumables.