Believe it or not, right now you can buy a Bugatti Veyron for the low, low price of $300,000. Given that you’re usually looking at a strong seven-figure sum for one of these W16-powered beasts, that’s a bargain, but there is - of course - a catch.
It’s quite a big catch, too: the Veyron in question is the very same one that was deliberately driven into a lake a few years ago. The owner was imprisoned, while the car was disassembled in an effort to see how much work would be required to get it back on the road, if even possible.
Entrepreneur and Cannonball record holder Ed Bolian was interested in the car but didn’t end up buying it. In the video above he explains the incredibly convoluted story of this car since the lake ditching. It’s well worth watching in full as it’s a bizarre tale, involving a dealer securing a loan of nearly $1 million to purchase the car before going bankrupt, the car getting repossessed by the bank and even ending up back in the hands of the insurance fraudster.
Ultimately, Bolian deemed the car just too much of a risk. The fact that the car was driven into salt water would make resurrecting it even harder, and this being a Bugatti, any replacement parts are going to be painfully expensive.
One solution was to work with Freddy ‘Tavarish’ Hernandez - who’s just bought Tyler Hoover’s burned-out Ferrari F355 - to rebuild the car cosmetically to make it into a static display piece and sell off things like engine components to exotic furniture builders. But for a purchase price of $300k, that still wouldn’t be financially viable, and it seems the price wasn’t budging enough to make it worthwhile.
But, as Bolian notes, the car still hasn’t sold. “Maybe it’ll come back and maybe I’ll make a terrible decision,” he concludes…