They say an automobile is one of the worst investments one can make. It depreciates in value as soon as you drive it off the lot. That being said, a new philosophy is starting to circle around luxury investment circles. Investing in a super status symbol such as a Mercedes-Benz Maybach may actually be a great investment and here's why.
You think you know luxury? You don't know anything. The new Mercedes-Benz Maybach is the ultimate driving machine. In fact, it's so fancy that you might not even want to drive it. Take a look at the details. This new crossover comes complete with a porcelain tea kettle build into a heated ebony tray. Not enough for you? Ok, then how about the white leather seats that lie flat with built-in massage and aromatherapy technology? If it sounds a little too much, you're not alone in thinking that. However, plenty of buyers are lining up for this luxury investment. Demand is at an all-time high.
Allegedly, demand for the Mercedes-Benz Maybach is flying through the roof in China. Buyers in the country have already bought up more than 60% of the 25,000 sedans in circulation. So what is the cause of all this hype? Is it simply a status symbol? Well actually, it's more than just a status symbol. A luxury investment such as this car brings greater value that one would think.
According to an article by Business Insider, rich people get richer because they expose themselves to other successful people. The more successful people you know, the more profitable opportunities will come your way. As the great Albert Einstein once said: "consciousness is contagious." Hence, buying something like a Maybach is a way of attracting like-minded people to you. in this case. these like-minded people are wealthy and ready to do business with someone like a Maybach owner.
It's just as if you own a very nice guitar, or use only the best cryptocurrency tools. These sort of actions will attract people who are into music and crypto. You'll gain respect and be surrounded by the people you want to be surrounded by. So, maybe a luxury car isn't such a bad investment after all. Think about that next time you purchase a used, 2001 Toyota Camry.