RE: Bugatti Veyron (price) crash

[405dogvan]

Dale487 said:

Is this the most expensive piece automotive salvage ever?

Rowan Atkinson's F1 would have made this look cheap - market value over $2m and repair costs more than this thing is worth MINT ;0

I believe what we're looking at is a resid-value auction which means you're buying a right to choose what happens to the car under the Insurers Terms - they won't see it just anyone, basically they want someone who's going to use the car for legit spares or have it repaired by someone who's authorised/qualified to do it.

If repair was financially viable, they'd have done it already tho - if these things were raced you'd have race teams in there but they're not so I'm not sure where it will end-up.

The Veyron market is hard-to-read but I get the feeling Bugatti aren't shoring-up prices (as many manufacturers do) and sales are hard to make with values a bit fragile - so the insurer is basically saying "anyone want us to repair this for them then?" and I'd say, from the bids, the answer is "no".

Edited by 405dogvan on Tuesday 26th August 11:36

[ArtVandelay]

Hasn't the veyron got a dozen or so radiators for the engine? Doubt the engine would be any use in a different car. Easier to get a tuned corvette lump

[iloveboost]

I was a billionaire:
Buy this for £150000-£175000. Pay a good company known for this kind of craziness loads of money to stick powertrain/interior parts into a relatively cheap/decent road legal mid engined chassis available with a broken/optional powertrain. Then you've got a unique hypercar with a reliable 1000+hp in an 1100-1200kg car for £200,000-£225,000.
I'm 99% sure somebody will just repair it though.

[J4CKO]

It is a parts car now, it is just whether or not there are enough undamaged parts on it, that people need to make it worth £167,000, do Veyron owners fit S/H bits, Do they need many parts ? guess its not been an option before.

Wheels and seat could end up on a MK3 Golf

[Agent Orange]

iloveboost said:

I was a billionaire:
Buy this for £150000-£175000. Pay a good company known for this kind of craziness loads of money to stick powertrain/interior parts into a relatively cheap/decent road legal mid engined chassis available with a broken/optional powertrain. Then you've got a unique hypercar with a reliable 1000+hp in an 1100-1200kg car for £200,000-£225,000.
I'm 99% sure somebody will just repair it though.

I think I'd just convert the engine into a table for my man cave.

[gregf40]

slipstream 1985 said:

runnning costs are so mental why would anyone want a crashed one?

For exactly that reason - to break it and sell for parts.

[Hugo a Gogo]

those damaged car websites are for insurance purposes

insurance says "book value was €xxx, damaged value is now €yyy according to this auction, therefore you keep the car and get €zzz"

you could sell the car to that bidder though, if you wanted

[Schermerhorn]

Break it for parts. You'll easily get your money back.

Thing is...who crashes a Veyron in the first place?

[15yrold]

smilo996 said:

I would but just not a colour I like.

As Gordon Murray. A car weighing 2 tons is not a sportscar.

Never liked the idea of the Veyron. Seems lazy just to put the biggest engine you can find drop it in a car to make it go fast.

The F1/P1 seems to be better in every way.

yawn, this is still a sports car, just not suited for the track

there's nothing lazy about the engineering that went into it either.

if anyone else can find me an equally refined 1,000 bhp car then please go ahead

[Vipers]

I have always though it is an ugly looking car.

[jhoneyball]

Surprised the airbags dont seem to have fired?

[motoroller]

Lowtimer said:

I could see a VERY VERY quick Phaeton. 1000 hp in something that looks like any other Passat. Tee hee.

THIS!! It'd be an anonymous version of the 16C Galibier

[J4CKO]

Vipers said:

I have always though it is an ugly looking car.

Yeah, it is quite distinctive, but it is a Gothic looking, but at the same time a bit chintzy and gauche, sort of a motorised Faberge egg, a lot of the colour combinations don't help either.

It should be so desired by petrolheads, but it doesn't seem to be, maybe that is an admission of never likely to sit in one, never mind own it but it just seems to not push my buttons.

Have seen them run at CPOP and there was no drama, didn't really make much of a noise. I am glad they made it and you cant ignore the achievement but it just do it for me at all.

Veyron or F40 ? how many would choose a Veyron, not many I suspect.

[9mm]

Way overpriced, like just about every salvage car on the market. Someone did the maths earlier in the thread.

[Lowtimer]

CraigyMc said:

I hate to piss in your cereal, but how would you cool it?

The most powerful Phaeton has 450bhp. You're going to need space for another 550bhp of radiator...

Oh, I'd get round that by cheating. You only need cooling capable of shedding more than 450 hp worth of waste heat if you intend to use more than 450 bhp continuously, i.e. the Veyron's 240-250 mph top speed runs. If I restrict myself to, say, 170 mph in a Phaeton (which seems terrifying enough, especially given the readily available tyres) that's only about 350 hp continuous power.

So why bother? For short bursts. Even with limited cooling you could use full chat briefly for overtaking. Realistically I can't imagine using full thrust of 1000 hp in a Volkswagen saloon on public roads for more than three seconds at a time. Even 3 seconds at a time is enough to punch you quite cheerfully from 30-90 (a handy bit of A-road overtaking) or 70-120 on the motorway. Which would be suitably hilarious.

Around town it would only have similar cooling needs to the standard W12, it's not actually burning any more fuel than the standard car in the idle - 40 mph range.

[northwest monkey]

J4CKO said:

Veyron or F40 ? how many would choose a Veyron, not many I suspect.

I would - I've never quite got the F40. If I had to choose a Ferrari, it would be the F50 or Enzo for me. Although I'd still have the Bugatti - in black please.

For the people saying this car will get broken for parts - who is going to buy them?

I'd imagine most people who own a Veyron aren't going to be quibbling about the replacement cost of anything & certainly not looking on Ebay to see if anyone has a cheap 2nd hand bit for sale

[Hrimfaxi]

0llie said:

Just do the minimum to get it running and safe again, leave as much as you can looking damaged

Rat rod Veyron!

[Jawaman]

There are a few of these owned by rental firms are there not?

Running one as a business, a good used gearbox might make more economical sense than a new one ergo there might be a (tiny) spares market

[P4ROT]

I think this would make a great investment- make it an installation piece in the garage and wait for 20 years...Surely the parts alone are worth more than this?

[andrew.delamare]

Schermerhorn said:

Break it for parts. You'll easily get your money back.

Thing is...who crashes a Veyron in the first place?

Law of averages would say one of them has to crash at some point! perhaps unlucky, perhaps a rich numpty... who knows!

I would have said the breaking market for Veyrons is pretty limited though. Anyone that has bought one won't really want second hand parts?