RE: Bugatti Veyron (price) crash

RE: Bugatti Veyron (price) crash

Tuesday 26th August 2014

Bugatti Veyron (price) crash

How do you score a Veyron for £167K? Well, you might have to do some panel beating



Crashing a Bugatti Veyron is always going to be expensive. And with the online auction of a moderately crumpled version having finished yesterday in Switzerland, we now know just how expensive. Bidding finished at just CHF 253,900, or £167,285 at current exchange rates.

The blue-and-black Veyron was involved in a crash in Austria back in April, with GT Spirit reporting it left a wet Autobahn at a reasonable lick and ended up at the bottom of a grass bank. No other cars were apparently involved and the driver was unharmed - although the same probably can't be said for his no-claims discount.

Non bent one in PH classifieds may be a safer bet
Non bent one in PH classifieds may be a safer bet
It's a 2008 car with 31,924 km showing - a pretty stratospheric mileage by Veyron standards - but it's still barely a quarter of the retail price of an undamaged version. The cheapest Veyron in the PH Classifieds is currently £675,000. And as the damage doesn't look too severe, certainly for anyone used to browsing salvage classifieds, the highest bidder has surely landed a bit of a bargain...

Quite possibly not. For a start, a combination of our shaky German and Google Translate suggests that the auction isn't final yet - it seems to have been held to establish the car's residual value so the insurance company can decide whether to repair it or sell it. And even if the winning bidder does get the car, getting parts for something like a Veyron is a far from straightforward process. You're unlikely to be able to turn up at the factory with a list of part numbers.

The auction listing (with extensive pics) says damage is to 'front, rear, left sill, front sill, left door, right door' and - more ominously - 'car floors', and the pictures show that suspension links have been both bent and broken, although there's no suggestion the engine and transmission have been damaged. Repair costs are estimated at between CHF 730,000 and CHF 855,000 - that's £480,000 to £563,000 - meaning the unlucky Veyron's fate may well be to be broken for bits. Anyone need a quad-turbocharged W16 engine?

[Sources: GT Spirit's original crash story and later update; AXA Winterhur)

 

Author
Discussion

Agent Orange

Original Poster:

2,194 posts

246 months

Tuesday 26th August 2014
quotequote all
Worst "We've got a classifieds section" post ever... biggrin

KTF

9,804 posts

150 months

Tuesday 26th August 2014
quotequote all
Interesting hole near the front light and the random part of interior trim that seems to have fallen off as well.

Amazed the factory didn't buy it back in order to stop it being bodged and appearing back on the market.

exceed

454 posts

176 months

Tuesday 26th August 2014
quotequote all
Bentley W16 Quad turbo... Soon to feature in a classic Mini, no modifications declared obviously biggrin

anonymous-user

54 months

Tuesday 26th August 2014
quotequote all
KTF said:
Amazed the factory didn't buy it back in order to stop it being bodged and appearing back on the market.
do any other manufacturers do this?

dukebox9reg

1,571 posts

148 months

Tuesday 26th August 2014
quotequote all
Was quite disappointed to see the underside components looking so 'normal'. I know its a weird thing to say but they could have been off any old Ford or Vauxhall.

Was expecting to see carbon fibre and fancy aero shapes etc. Not just box section.

As per above. Whats with the weird 'hole' on the rhs wing? Looks like somebody has digitally swirled it, like to hide somebodies face.

Shame i'm not rich. This would surely make an interesting track car project.......

Birzzles

31 posts

147 months

Tuesday 26th August 2014
quotequote all
Now that we have LaFerrari and the various porsche and mclaren hybrid cars, which are faster and more efficient than the Veyron, doesnt this seems like a bit of a dinousaur. How can a Veyron be considered a classic car, when it is just the old fashioned idea of putting a massive thirsty engine in, with the modern enhancement that it doesnt take off when it reaches 200?

0llie

3,007 posts

196 months

Tuesday 26th August 2014
quotequote all
Just do the minimum to get it running and safe again, leave as much as you can looking damaged thumbup

slipstream 1985

12,220 posts

179 months

Tuesday 26th August 2014
quotequote all
runnning costs are so mental why would anyone want a crashed one?

AW111

9,674 posts

133 months

Tuesday 26th August 2014
quotequote all
So what could you fit the engine in?

I could see a very quick 90's Bentley...

McSam

6,753 posts

175 months

Tuesday 26th August 2014
quotequote all
Take another look at the damage list - it mentions both front and rear axles, so that might answer the query about drivetrain condition..

Lowtimer

4,286 posts

168 months

Tuesday 26th August 2014
quotequote all
I could see a VERY VERY quick Phaeton. 1000 hp in something that looks like any other Passat. Tee hee.

anonymous-user

54 months

Tuesday 26th August 2014
quotequote all
slipstream 1985 said:
runnning costs are so mental why would anyone want a crashed one?
I would say stripped for parts but then again these cars cost so much money that I doubt any owner would consider fitting a second hand gearbox, etc

smilo996

2,783 posts

170 months

Tuesday 26th August 2014
quotequote all
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.

GilesGuthrie

169 posts

147 months

Tuesday 26th August 2014
quotequote all
This is a pretty epic Man Maths fail.

Purchase price: £167,285
Repair cost: £480,000 - £563,000
equals
On the road price: £647,285 - £730,285

For a high-mileage Cat D Veyron? When you can buy an un-bent one for £675,000 with half the mileage? Seems pretty idiotic to me. And if you're staring down the barrel of a half-mill repair bill, who would really think they've scored a Veyron for their £167k?

And I don't like the 16% error margin in the repair estimate. I'd probably take the upper bound and add 16% to that (£670,240) if I were thinking about this from a risk mitigation point of view.

Hmm, I think I've just fallen victim to clickbait. frown

KTF

9,804 posts

150 months

Tuesday 26th August 2014
quotequote all
The Spruce goose said:
do any other manufacturers do this?
I don't know but if they wanted to keep tight control of the residuals then it would make sense. Could be used as a training car for mechanics to repair or something like that.

CraigyMc

16,394 posts

236 months

Tuesday 26th August 2014
quotequote all
Lowtimer said:
I could see a VERY VERY quick Phaeton. 1000 hp in something that looks like any other Passat. Tee hee.
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...

Trusty Steed

291 posts

194 months

Tuesday 26th August 2014
quotequote all
Bit of filler and a rub down with wet & dry, it should be OK!

C.A.R.

3,967 posts

188 months

Tuesday 26th August 2014
quotequote all
Surely the obvious answer is to take the engine and put it in a Renault Espace with NOS?

dukebox9reg said:
Was quite disappointed to see the underside components looking so 'normal'. I know its a weird thing to say but they could have been off any old Ford or Vauxhall.

Was expecting to see carbon fibre and fancy aero shapes etc. Not just box section.

As per above. Whats with the weird 'hole' on the rhs wing? Looks like somebody has digitally swirled it, like to hide somebodies face.
I dunno, my wishbones look nothing like that (appear to be aluminium?) and most of the underside is flat, whereas I imagine there are a few undertrays missing given the amount of earth that thing has still got stuck to it.


Dale487

1,334 posts

123 months

Tuesday 26th August 2014
quotequote all
Is this the most expensive piece automotive salvage ever?

Agent Orange

Original Poster:

2,194 posts

246 months

Tuesday 26th August 2014
quotequote all
Dale487 said:
Is this the most expensive piece automotive salvage ever?
Close but not quite

The Bugatti from the Lake - 1925 Bugatti Type 22 Brescia
http://www.hemmings.com/hsx/stories/2011/02/01/hmn...