It finally happened – you’re a freaking multi-millionaire and want to spend your hard-earned cash on the supercar of supercars. Surely the world-record setting 253 mph+ Bugatti Veyron is the car to get, right? Not so fast. Here’s a few reasons why owning this car would be one of the dumbest things you could ever do.
With a price tag of at least $1.5 million, the Bugatti Veyron’s W16 engine pumps out 1,001 horsepower and reaches a top speed of 254.04 mph (408.84 km/h). Anyone who can drop seven figures on a car certainly won’t be taking it to a Jiffy Lube for an oil change.
The actual price for getting an oil change on a Bugatti “supercar” may still shock you. A video was uploaded to YouTube recently in which the rental car service Royalty Exotic Cars explains that an oil change on a $1.7 million Bugatti Veyron (which is the cheapest of the Bugatti line) costs roughly $21,000.
To help put that in perspective, that’s enough money to buy an actual car of your own. However, anyone who owns a Bugatti is likely not too concerned over maintenance costs. Royalty Exotic Cars CEO, Houston Crosta, explains that it’s so expensive due to the limited nature of that club:
“Bugatti services are so expensive because of the exclusivity of the product. Only select individuals own a Bugatti and the owners tend to have one or more Bugattis.”
It’s also a far more complex process than changing your oil on a regular car. As CNBC explains:
“The Veyron uses a dry-sump oiling system with 16 different drain plugs, accessible after intricately removing parts of the underbody, which takes hours. Refilling requires removing the car’s grill, rear fender liners and rear deck.”
While owners of normal cars are recommended to get an oil change every 3,000 miles, the Bugatti standard has different conventional wisdom. Any Bugatti owners who are concerned with the astronomical cost of an oil change will be pleased to learn that oil changes are recommended once per year, regardless of whether the car has even been driven or not.
Bugatti owners won’t be saving any money on tires either, as Costa explains that a new set of tires on Bugatti vehicles cost around $38,000.
If you do buy a Bugatti and are concerned with costs, you may not want to ever actually drive it. A 6-year-old Bugatti Veyron with only 2 miles on the odometer can be purchased for $1.39 million. That’s only a $600,000 hit in depreciation for a car that hasn’t been driven. The used car market, an 8-year-old Bugatti Veyron with 11,000 miles on the odometer and will sell for $1.1 million.
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