http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/il/news/2006/0314/bugatti.500.jpg

MOLSHEIM, France — The 1,001-hp Bugatti Veyron, which holds the distinction of world's fastest production car, has sold out its entire 2006 run of 50 vehicles at some $1.2 million each.

Bugatti president Tomas Bscher told the German publication Automobilwoche recently that the company has firm orders in hand for 70 Veyrons. In response, he says Bugatti is planning to increase production to 70 per year to cut the current 14-to-15-month waiting period for this last word in automotive luxury.

The Veyron has an 8.0-liter, quad-turbo W16 engine and can exceed 250 mph. In February it was named MSN's Car of the Year in the United Kingdom after gathering 47 percent of the popular vote and has reaped awards, superlatives and just plain lust from around the world.

What this means to you: Well, unless you want to wait a long time, you'll just have to use that money to buy…a mansion, or a fleet of Honda Civics.

Source: www.edmunds.com/insideline/do/News/articleId=109628#2

they sold out at 50 cars, wow to them... goodies :-)

p.s. 50 x 1.2mil, 60 mil in revenues per year. It will probably take around 40 years to recoup the costs of development, considering how long it has been in the making...

Ya, they said they are never planning to make up the R&D costs. They had 50-60 engineers working on this project for at 5 years. If they make $80k each, that would be $24 million just for R&D personnel costs. It's more of a brand halo effect thing...

I read somewhere that the development cost of these vehicles has allready passed the $500 million mark.
They will never make money on these cars.

I read somewhere that the development cost of these vehicles has allready passed the $500 million mark.
They will never make money on these cars.

Why not just increase the price? It's not like those that can afford a car for $1.2 Million couldn't afford it if it were $5 Million. :eek2:

Yea...they arent making any money on these....I'm not surprised they are all sold out at all. Though at such a high price, I think there are enough millionaires and billionaires that would want one.

man, no matter what price it is, you still have audience. amazing

p.s. 50 x 1.2mil, 60 mil in revenues per year. It will probably take around 40 years to recoup the costs of development, considering how long it has been in the making...
I've heard 400 million to as high as 800 million!

Why not just increase the price? It's not like those that can afford a car for $1.2 Million couldn't afford it if it were $5 Million. :eek2:

I don't think too much peeps would but a % mill. supercar.

I read somewhere that the development cost of these vehicles has allready passed the $500 million mark.
They will never make money on these cars.

I remember that as well. The head of development publically stated that the Veyron wasn't going to make any significant money after development and production costs. It was more to do with the company's image for the lower end cars. I would imagine they lose quite a bit of money on each one they sell. :sad:

I'd probably rock it ;)

Jonny

I remember that as well. The head of development publically stated that the Veyron wasn't going to make any significant money after development and production costs. It was more to do with the company's image for the lower end cars. I would imagine they lose quite a bit of money on each one they sell. :sad:

I think the cost per car (300 production) is 5 million a pop.