Bugatti Veyron Grand Sport Cost of Ownership

b1adesofcha0s · 03-29-2011, 11:32 PM

That's just craziness. That maintenance cost is more than enough to buy a brand new Lamborghini Gallardo or Ferrari 458 every year

ImportConvert · 03-30-2011, 05:52 AM

Quote:

Originally Posted by b1adesofcha0s

That's just craziness. That maintenance cost is more than enough to buy a brand new Lamborghini Gallardo or Ferrari 458 every year

True, but it really isn't that bad.

It's all about your perspective. To me, throwing away 1/2 of a hamburger if I feel full/don't like it/whatever is no big deal. Go to a 3rd world country and do that and you might be treated to a ringside seat to a fight to the death over that food.

Veyron owners are most likely similar. That $300K is just incidental.

shadoquad · 03-30-2011, 09:22 AM

Quote:

Originally Posted by ImportConvert

True, but it really isn't that bad.

It's all about your perspective. To me, throwing away 1/2 of a hamburger if I feel full/don't like it/whatever is no big deal. Go to a 3rd world country and do that and you might be treated to a ringside seat to a fight to the death over that food.

Veyron owners are most likely similar. That $300K is just incidental.

Plus it's not like Veyron owners are going to drive these things much. They're an investment vehicle and a status symbol.

It's not like a guy who buys a multi-million dollar Ferrari 250 at auction is using it as a DD.

3.SLOW6MT · 03-30-2011, 12:11 PM

Quote:

Originally Posted by ImportConvert

True, but it really isn't that bad.

It's all about your perspective. To me, throwing away 1/2 of a hamburger if I feel full/don't like it/whatever is no big deal. Go to a 3rd world country and do that and you might be treated to a ringside seat to a fight to the death over that food.

Veyron owners are most likely similar. That $300K is just incidental.

While this is somewhat true, it's still ridiculous. Even if I had that kind of money, I wouldn't be buying a Veyron. I'd rather have a GT2, ZR1, F430, and an Enzo with money left over. I'd bet the maintenance per year on all 4 cars combined wouldn't total $300,000. While you could argue the actual road time on each of these 4 cars would be dramatically reduced (since there's 4 instead of 1), I think it's a worthy comparison.

You are right, it is a status symbol. However, it's hardly an investment. Predominantly, when you invest in anything, you usually expect to see a return on what $$ you put into the initial investment. In this example, all I see is pockets being emptied at first glance, and then even more so as time goes on; not to mention depreciation.

If I saw one on the road I'd be forced to

while forcing my fingers to curl in such a way as to

. But what I really mean is

and

.

Econ · 03-30-2011, 12:34 PM

Quote:

Originally Posted by 3.SLOW6MT

While this is somewhat true, it's still ridiculous. Even if I had that kind of money, I wouldn't be buying a Veyron. I'd rather have a GT2, ZR1, F430, and an Enzo with money left over. I'd bet the maintenance per year on all 4 cars combined wouldn't total $300,000. While you could argue the actual road time on each of these 4 cars would be dramatically reduced (since there's 4 instead of 1), I think it's a worthy comparison.

You are right, it is a status symbol. However, it's hardly an investment. Predominantly, when you invest in anything, you usually expect to see a return on what $$ you put into the initial investment. In this example, all I see is pockets being emptied at first glance, and then even more so as time goes on; not to mention depreciation.

If I saw one on the road I'd be forced to

while forcing my fingers to curl in such a way as to

. But what I really mean is

and

.

true, although no car returns monetary value, unless you race/show it for money. Or it becomes a collectable in 50 years

Nitrouz · 03-30-2011, 12:47 PM

Quote:

Originally Posted by 3.SLOW6MT

While this is somewhat true, it's still ridiculous. Even if I had that kind of money, I wouldn't be buying a Veyron. I'd rather have a GT2, ZR1, F430, and an Enzo with money left over. I'd bet the maintenance per year on all 4 cars combined wouldn't total $300,000. While you could argue the actual road time on each of these 4 cars would be dramatically reduced (since there's 4 instead of 1), I think it's a worthy comparison.

I disagree. These owners probably already has a couple exotic/vintage ferraris, porches, and lamborghinis. If not, they could easily swing one while out shopping for the day.

No one would buy a $2m car if they only had a $2m budget for cars. I could buy an SLR. But that would take all my budget away. Instead I have my 370z, a rover, and a couple bikes. Possibly another car to come. Whereas '82 Civic owners may be saying when they see my 370z, saying that with that money, they'd rather buy a versa for DD, a used S2K for weekend fun, and a bike for canyon carving.

For multi-multi-multi millionnaires, you can still take the rationale above, but raise the tier of cars all the way to having a Veyron being just one of the 10+ cars they own.

It's all relative.

Econ · 03-30-2011, 01:08 PM

Quote:

Originally Posted by Nitrouz

I disagree. These owners probably already has a couple exotic/vintage ferraris, porches, and lamborghinis. If not, they could easily swing one while out shopping for the day.

No one would buy a $2m car if they only had a $2m budget for cars. I could buy an SLR. But that would take all my budget away. Instead I have my 370z, a rover, and a couple bikes. Possibly another car to come. Whereas '82 Civic owners may be saying when they see my 370z, saying that with that money, they'd rather buy a versa for DD, a used S2K for weekend fun, and a bike for canyon carving.

For multi-multi-multi millionnaires, you can still take the rationale above, but raise the tier of cars all the way to having a Veyron being just one of the 10+ cars they own.

It's all relative.

althought the majority of bugatti owners I'm sure are worth hundreds of millions, I know for a fact a few rappers own them (chris brown being one), and I looked up their net worths (dont quote me on accuracy) and all of them are worth sub $30mm

30 million can be eaten up fast when you spend 2m on ONE car, and add in all other lavish expenses.

Nitrouz · 03-30-2011, 01:21 PM

Quote:

Originally Posted by Econ

althought the majority of bugatti owners I'm sure are worth hundreds of millions, I know for a fact a few rappers own them (chris brown being one), and I looked up their net worths (dont quote me on accuracy) and all of them are worth sub $30mm

30 million can be eaten up fast when you spend 2m on ONE car, and add in all other lavish expenses.

absolutely. But that's just bad financial management. Not unlike how some people would buy things on their credit cards when they cannot pay it off, yet still buy more and more and get into debt. Just because they can, doesn't mean they should.

There are exceptions like these.

Econ · 03-30-2011, 01:26 PM

Quote:

Originally Posted by Nitrouz

absolutely. But that's just bad financial management. Not unlike how some people would buy things on their credit cards when they cannot pay it off, yet still buy more and more and get into debt. Just because they can, doesn't mean they should.

There are exceptions like these.

of course, the sad fact is though, that the majority of the US is horrible at money management.

Bloomberg the other week showed bankruptcy statistics on NFL and NBA players. THeir findings:

within 5 years of retirement, 60% of NBA players and 78% of NFL players go bankrupt.

Just trying to point out how 300k annual car expenses could help contribute to this.

3.SLOW6MT · 03-30-2011, 03:14 PM

Quote:

Originally Posted by Nitrouz

I disagree. These owners probably already has a couple exotic/vintage ferraris, porches, and lamborghinis. If not, they could easily swing one while out shopping for the day.

No one would buy a $2m car if they only had a $2m budget for cars. I could buy an SLR. But that would take all my budget away. Instead I have my 370z, a rover, and a couple bikes. Possibly another car to come. Whereas '82 Civic owners may be saying when they see my 370z, saying that with that money, they'd rather buy a versa for DD, a used S2K for weekend fun, and a bike for canyon carving.

For multi-multi-multi millionnaires, you can still take the rationale above, but raise the tier of cars all the way to having a Veyron being just one of the 10+ cars they own.

It's all relative.

You're probably right. OR, they could be rappers blowing their money on their egos. But in all seriousness, you're right...millionaires don't just wake up one morning and say "I'm gonna buy a Veyron." I'm sure they have or have had several exotic cars before they purchase a Veyron. It's a different class of car than anything on the market.

Quote:

Originally Posted by ImportConvert

But...you don't. So you really don't know what you would/wouldn't buy. Look at all those lottery winners that claim they would "invest conservatively", etc. We really don't know what we would do if we had/were anything we don't/aren't. It's all speculation.

Again, true. I'll tell you one thing, I wouldn't mind having to decide 'what to do with my money today.' It's like changing clothes for these people. It's really ridiculous when you think about how rich some people are. I'm sure there are a lot of things we don't know, since we're not rich (well, speaking for myself), that happen behind closed doors of these millionaires. Just because they have money doesn't mean they don't have problems. I'm not aiming this statement at you, just putting it on the table.

ImportConvert · 03-30-2011, 01:37 PM

Quote:

Originally Posted by 3.SLOW6MT

While this is somewhat true, it's still ridiculous. Even if I had that kind of money, I wouldn't be buying a Veyron. I'd rather have a GT2, ZR1, F430, and an Enzo with money left over. I'd bet the maintenance per year on all 4 cars combined wouldn't total $300,000. While you could argue the actual road time on each of these 4 cars would be dramatically reduced (since there's 4 instead of 1), I think it's a worthy comparison.

You are right, it is a status symbol. However, it's hardly an investment. Predominantly, when you invest in anything, you usually expect to see a return on what $$ you put into the initial investment. In this example, all I see is pockets being emptied at first glance, and then even more so as time goes on; not to mention depreciation.

If I saw one on the road I'd be forced to

while forcing my fingers to curl in such a way as to

. But what I really mean is

and

.

But...you don't. So you really don't know what you would/wouldn't buy. Look at all those lottery winners that claim they would "invest conservatively", etc. We really don't know what we would do if we had/were anything we don't/aren't. It's all speculation.

shadoquad · 03-30-2011, 03:14 PM

Quote:

Originally Posted by 3.SLOW6MT

You are right, it is a status symbol. However, it's hardly an investment. Predominantly, when you invest in anything, you usually expect to see a return on what $$ you put into the initial investment. In this example, all I see is pockets being emptied at first glance, and then even more so as time goes on; not to mention depreciation.

Don't fool yourself. This is an investment vehicle. It is highly exclusive. It has the status of being the most expensive car in the world at the time. Yadda yadda yadda, if this thing is a well-maintained garage queen for 30 years, it's reasonable to expect it to sell for more than what it was bought for, especially if several of them are crashed.

Look at vintage ferraris, hell even vintage muscle cars. The rarer the better, and they're all selling for X times what they were bought for. Lamborghini Reventons are aimed at the collector set, too.

Osiris · 03-30-2011, 03:27 PM

little fact i heard on a Top Gear episode: They said that it costs VW over 5 million to produce one veyron but only sell it for 2. Apparently it's one of those "see if we can build such a car" type of things.

But if i had 2 mill and 300k maintenance money to burn...i think i'd buy a couple nice Ferrari's, Lambo's, Ducati's, and have enough left over for a Charlie Sheen hooker binge!!

Econ · 03-30-2011, 03:39 PM

Quote:

Originally Posted by Osiris

little fact i heard on a Top Gear episode: They said that it costs VW over 5 million to produce one veyron but only sell it for 2. Apparently it's one of those "see if we can build such a car" type of things.

But if i had 2 mill and 300k maintenance money to burn...i think i'd buy a couple nice Ferrari's, Lambo's, Ducati's, and have enough left over for a Charlie Sheen hooker binge!!

"After the release of the car, it has been reported that while each Veyron is being sold for £840,000, the production costs of the car are approximately £5 million per vehicle. This is not the price to produce one vehicle, but rather the cost of the entire Veyron project divided by the number of vehicles produced at that time. As Bugatti, and therefore Volkswagen, are making such a loss, it has been likened by automotive journalist Jeremy Clarkson to Concorde; in that they are test-beds for advancements in technology and developed as exercises in engineering.

Read more: Bugatti Veyron - Wikicars
Under Creative Commons License: Attribution"

Osiris · 03-30-2011, 03:57 PM

ah..thanks for clarification. Still mucho $$$

03-29-2011, 11:32 PM	#1 (permalink)
b1adesofcha0s A True Z Fanatic Join Date: Jan 2011 Location: MD Posts: 40,963 Drives: HypeTrain Choo Choo! Rep Power: 142	That's just craziness. That maintenance cost is more than enough to buy a brand new Lamborghini Gallardo or Ferrari 458 every year __________________ Project: b1adeZmobile (2009 370Z) \| Uprev Tune by AAM Competition \| Berk Exhaust Project: b1adeZmobile 2.0 (2014 C7 Z51) \| Corsa Xtreme Exhaust

03-30-2011, 03:27 PM	#13 (permalink)
Osiris A True Z Fanatic Join Date: Mar 2009 Location: http://www.cfzclub.com/ Posts: 1,524 Drives: Angry Rep Power: 20	little fact i heard on a Top Gear episode: They said that it costs VW over 5 million to produce one veyron but only sell it for 2. Apparently it's one of those "see if we can build such a car" type of things. But if i had 2 mill and 300k maintenance money to burn...i think i'd buy a couple nice Ferrari's, Lambo's, Ducati's, and have enough left over for a Charlie Sheen hooker binge!! __________________ ^^^^^^^^^Like our Facebook!^^^^^^^^^

03-30-2011, 03:57 PM	#15 (permalink)
Osiris A True Z Fanatic Join Date: Mar 2009 Location: http://www.cfzclub.com/ Posts: 1,524 Drives: Angry Rep Power: 20	ah..thanks for clarification. Still mucho $$$ __________________ ^^^^^^^^^Like our Facebook!^^^^^^^^^

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