Bugatti

Can You Afford to Own a Bugatti Veyron? Probably Not!

on

I remember my first look at the awesome Bugatti Veyron. It was on an episode of Top gear where Jeremy Clarkson drove the beast of a machine from Italy to the UK in a race against his co-hosts, Richard Hammond and James May who were doing the same route in a small passenger plane. After watching that episode and hearing all about the car, I thought to myself: “That would be an awesome car to own!” For this reason I own many Bugatti Veyron… Pics! It turns out however, that even if you can afford the enormous Bugatti Veyron price tag of the car, chances are you won’t be able to afford to maintain it.

A recent comparison was done between the maintenance costs of a Bugatti compared to a small private jet. The results may surprise you:

If you manage to find a car dealer in your vicinity that actually has a Bugatti for sale, you could expect to pay about $2,128,230 for the car. Once you have plucked up the courage to pay for the car, you need to be prepared to pay for the service plan which will set you back about $20,000 a year. $20,000 for an annual service is almost 8 times the amount it would cost you to service a Ferrari Enzo. OUCH! The Bugatti uses tailor made tires which manufacturers advise you replace every 2500 miles. Replacing the tyres will set you back about $10 000 – EACH! That’s $40 000 per set of tyres. The manufactures of the Bugatti Veyron (who clearly think money grows on trees) also advise that you replace the cars wheels every fourth tyre change to ensure optimal performance and safety. Not a problem, I’m all for safety. However, when wheels cost $60 000 to replace then I think I’d rather just take my chances with the ones I already have.

So now, if you take into account all of the above costs and add in the costs for insurance (I shudder at the thought) and fuel, your annual costs for owning this beast of a machine start to near the $300,000 mark. That is a lot of money.

Perhaps, you have a car dealer nearby and feel you can afford the above costs for the Bugatti Veyron because you like to travel in style. This is why we’ve compared it to costs for a private jet, I mean, what’s more comfortable than travelling in a private jet?

I don’t want to go in to too much detail about the costs of owning a private jet, but what I can tell you is that it will cost you about $200 000 a year for a medium sized private jet. This includes all maintenance costs, catering costs as well as paying someone to fly the thing. Value for money springs to mind in this instance.

A blogger from the Autocar blog stated that they had a client who owns a Bugatti Veyron as well as a private jet. However, when travelling long distances, the gentleman prefers to transport his Bugatti in the back of a trailer and fly himself to the specified location. The reason for this, it’s simply cheaper to fly than to drive the Bugatti Veyron all that way. Case closed I say! I think I’ll just stick to staring at my Bugatti Veyron Wallpaper.