Real World Bugatti Veyron Running Costs
With the release of the new Bugatti Chiron imminent, we’ve got in contact with a Veyron owner to find out more about the true cost of owning one of the fastest and most expensive production cars money can buy.
One thing I have to get out the way is the ‘VW lose money on each Veyron’ thing is a complete myth perpetuated by Top Gear. The whole Veyron project was in fact paid for using VW’s cash reserves at the height of their power.
Used Veyrons occasionally pop up online starting at around £800,000 and on top of that, you’ll need to of course service it every now and again and pay for tyres and general maintenance etc. just like you would with any other car.
Let’s start with standard servicing. You could expect to pay a couple of hundred pound at a main dealer for a service on your typical family hatchback. Even a service on a big Merc or BMW is circa £500. Small change compared to the £14,000 you’ll need to shell out to get your Veyron serviced but then £14,000 is small change to a Veyron owner.
OK, so you’ve given the price of a new hatchback to change the fluids and filters in your Veyron but Bugatti advise changing the tyres every 5,000 miles. Tyres are undoubtedly the least satisfying way to dump a few hundred quid just to keep your car on the road. £500 for a set of tyres seems like nothing compared to the £20,000 you’ll need for the 4 new 365-profile Michelin PAX tyres. No, you can’t get part-worns but they are run flats. Oh, and every third tyre change you’ll need a new set of rims which are made of a magnesium alloy and cost £40,000 unless you have the special edition ‘Sang Noir’ Veyron, then the wheels will set you back £105,000. Unfortunately unless you had some alternative wheels constructed with a standard tyre fitment you will always be at the mercy of Bugatti prices.
Now should you need a new alternator on your Veyron it’s an engine out job. That’ll be £40,000 for the labour plus another £40,000 for the part.
A lot of these silly costs are down to the fact that no one other than the factory can service them or supply parts. A European Veyron has to have its tyres fitted at the factory in Molsheim, France and the tyres are only available from the factory. To rub salt in your wound you have to factor in transportation costs etc. So we have a situation where the factory has a strong monopoly over the Veyron’s service costs and can therefore set the prices as high as they like.
Now let’s take a Ferrari Enzo as close (close as you get in my opinion) comparison with regard to finances, they are cheaper to buy, cheaper to service and sell better. The Enzo is a fast lightweight kit car compared to the beautifully over-engineered Bugatti which weighs as much as a small elephant. A Veyron will remain exclusively for the mega wealthy for as long as it takes for an entity to invest heavily in tooling, procedures and equipment to make long term Veyron ownership that bit more affordable, and as long as it takes VW to decide on whether they want to license this or keep it within the VW Group. So we’ve been reliably informed that you should reserve £900,000-£1million for your first year of Veyron ownership.
The figures above are expected to be trumped by that of the groundbreaking new Chiron. Just under £2million to buy for a start (with a 10% mandatory down payment), with extensive checks done by Bugatti, and for that you get a 1,500bhp hypercar which does 0-60mph in 2.5 seconds and is reliably rumoured to be able to achieve 288mph which makes the unthinkable 300mph barrier within touching distance. Expect to see a special edition Chiron capable of this figure. 200 Chirons have already been ordered (half of those being current Veyron owners) and deliveries commence mid-2017.