• Sep 15th 2006 at 1:53PM
  • 23
While there probably is one or two of you reading this who do actually own a Bugatti Veyron, the other 99.9999999999 percent of us don't and never will. Lots of new car buyers, however, turn to leasing when they want to drive what they can't afford to own. This month's issue of Automobile mag reveals what costs are associated with leasing the most powerful and unofficially fastest production car in the world from Putnam Leasing.

First, if you want to lease a Veyron you'll need to take the college fund you set up for your kids, empty out your 401-K and get an advance on your parents' will to afford the car's $400,000 down payment. Then you'll have to figure out how to scrape together $23,595 for your first month's payment. And then you'll have to repeat that feat another 60 times, as the Veyron is only offered with a five-year lease. You are afforded 2,500 miles a year, which means if you're planning on using the Bugatti as a daily driver you'll be taking the bus a lot. There's no word on what the penalty is for going over that limit, but expect to forego a 50-inch plasma TV for every mile over.

When all is said and done you will have shelled out $1,815,700 for the privilege of driving a Bugatti Veyron without the hassles of ownership, which happens to be over $400,000 more than the car's $1.4 million Buy-it-Now price. D'oh!

[Source: Automobile]


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  • 23 Comments
      • 9 Years Ago
      One thing they forgot to mention is if that includes T&L. If not, you then will have to pay tax on that $24k. That's ~$1980 if you are in Cali.

      I thought all the Veyrons were spoken for. Could it be that they aren't selling as they thought they would or buyers backing away from the purchase t and thus offering the lease to compensate?
      • 9 Years Ago
      Dr. Evil, no that does not include tax and title, which would make the final tally even higher, much higher.
      • 9 Years Ago
      Dr. Evil,

      Not all of the Veyrons were ever spoken for.

      Hamud,

      The Veyron was never meant to be profitable.

      This is the problem with the Veyron. People are thinking of your typical automobile and all of the normal logic which applies to them. Profitability, convenience, practicality, utility...you simply CANNOT think of the Veyron like ANY other car on the road. It's an exercise in excess, and if someone can't wrap their brain around that, they are free to complain all they want. But they'll never "get it."
      • 9 Years Ago
      Hamud,

      I'm pretty sure the *first* veyron cost $5 mil, which included development costs. Every one after that still sells at a loss, but not a 400% loss.

      Anyone else able to confirm / throw some concrete numbers in?
      • 8 Years Ago
      The hallmark of automobile mechanical science here
      establishes the bar to which all others will follow.
      Certainly it was not intended to be another run-of-
      the-mill annual obsolecent set of wheels. This is
      the Michaelangelo of Cars. I will buy 10 soon. Thanks
      Bugatti.
      • 8 Years Ago
      And could you imagine the insurance premium on that? I tried to get a quote but apparently State Farm is not hip enough to put fantasy vehicles on it's site...
      • 8 Years Ago
      I thought the whole purpose of leasing was to keep from paying full sticker. Financing is for long term purchasing, and there is no limit to the miles you put on it. Whoever falls for this leasing scheme deserves to lose the extra $400,000!
      • 8 Years Ago
      lol, with 24k, i'm closer to owning an evo or wrx
      • 8 Years Ago
      Seriously. No one cares what "bob can't hold a job" has to say about leasing something for 24k/mo. Hurray for an opinion on a decision you will never make.
      • 9 Years Ago
      think about what kind of house you can on for 24k.
      • 8 Years Ago
      For the insurance people.... you don't insure cars like this through normal insurance agencies. You go through a foreign company who specializes in exotic and VERY valuable cars. Even if you wnat to insure one of your classic Chevys, you have to go through a company called Foremose (sp?).

      And for teh guy who said he doesn;'t see the logic..... there is no logic. That's not what it's about. It's about taking all that aggression and anger from being the kid who got picked on in high school and trying to compensate for shortcomings through material posessions.
      • 9 Years Ago
      The Veyron is art on wheels. Like a portrait. You drain the oil and put the car in your living room. People pay so much for a painting, why not a car. If you look at it like that, then everything makes sense.
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