Bugatti Veyron (price) crash
How do you score a Veyron for £167K? Well, you might have to do some panel beating
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.
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)
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.......
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.
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.
The Bugatti from the Lake - 1925 Bugatti Type 22 Brescia
http://www.hemmings.com/hsx/stories/2011/02/01/hmn...
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