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Is a wrecked Bugatti worth $250k?

When a Bugatti Veyron crashed on a highway in Austria a few months ago, insurance company AXA estimated the cost of repairs at upwards of $800,000. Of course, there were worries that even after all the repairs the car may never drive quite the same. So rather than try, the insurance company evidently wrote it off and paid the owner the insured value of the car. But now it's got the wrecked Bugatti on its hands, and is looking to offload it.
This early model, built in 2008, has the original version's 987-horsepower 8.0-liter quad-turbo W16 engine, a fixed roof and a blue and black livery - unlike some more recent examples that have adopted a removable roof panel, employed a more powerful 1,184-hp engine and moved away from the original two-tone paint schemes. It's got nearly 20,000 miles on the odometer and would still require the better part of a million bucks to get it running again... at which point it could be worth more in spare parts, which surely don't come cheap from the manufacturer in Molsheim.
Alternatively, with bidding currently hovering around a quarter million, you could just get yourself a brand spankin' new Ferrari 458 Italia, Lamborghini Huracán or McLaren 650S and actually get to drive it without spending eight hundred grand on repairs. But if you were looking to pick up a Veyron on the cheap, regardless of condition, this could be your chance.

Bugatti will stop chasing speed records to focus on 'other areas'

Bugatti made international headlines when it became the first automaker to break the 300-mph barrier. The French firm won't return to the Ehra-Lessien track in Germany to try beating its 304-mph record, because it's done chasing speed records for good. "This was the last time for us," affirmed company boss Stephan Winkelmann during a short speech filmed in the company's factory. "From now on, our minds and our focus will stay on different projects," he added. He stopped short of delivering details about the projects he has in mind. Bugatti's retirement doesn't come as a surprise; the company had started to shy away from setting speed records after it released the Chiron. At the time, its lost interest came as a surprise, because it had made history on several occasions by reaching jaw-dropping speeds with the Veyron. The 267-mph Super Sport variant of the car held the coveted title of the world's fastest car for years. The company spent much of 2019 celebrating its 110th birthday with special cars like the one-off La Voiture Noire unveiled at the Geneva Motor Show, and the limited-edition Centodieci first shown at The Quail, a Motorsports Gathering in California. While it won't continue releasing two special projects annually in the foreseeable future, Bugatti will keep the momentum going in the coming years. "One thing is for sure: we will have a great future," Winkelmann concluded. Time will tell whether it involves a long-tail Chiron variant inspired by the record-breaking car, a long-rumored SUV, or something else entirely.

Bugatti Veyron 16.4 Super Sport World Record Edition visits the Mullin Museum

The last time we visited the Mullin Automotive Museum in Oxnard, CA, it was to see the 1936 Bugatti Type 57SC Atlantic, which was the world's most expensive car at the time with an estimated purchase price of $30-$40 million. Nearly two years later we found ourselves back in the museum, this time to view the world's fastest car - the 2011 Bugatti Veyron 16.4 Super Sport World Record Edition.
Bugatti will build 300 of the Veyron 16.4 supercars by the time they are finished with production. Of those, 46 will be of the Super Sport variant boasting an incredible 1,200 horsepower, and of those just five will be World Record Editions that celebrate the car's record-breaking 268-mph top-speed run. The car you see here is one of those select few and is on loan to the museum for a short period of time. It features the same two-tone paint scheme featured on the car used to set the top speed at Volkswagen's Ehra-Lessian high-speed oval.
The Veyron 16.4 Super Sport WRE is one of many modern Bugattis currently on display in the museum, joining a Veyron 16.4 Super Sport prototype and show cars from the late 1990s including the 18.3 Chiron Concept, EB118 Concept and EB218 Concept. A rare Bugatti EB110 SS is also on display.