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You Crashed a $3M Bugatti. Now What?

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Re: You Crashed a $3M Bugatti. Now What?

#11

Post by tptacek »

H8crilA wrote: post #8
tptacek wrote: post #2

I know this is a low-substance observation that lots of people are thinking already but why the fuck would you buy a $2MM car ?

If you have $100M the car is still a lower fraction of your net worth than for most people. Also I would consider a car like that to be more like a piece of art, something you have because it's nice. Like a mansion. Nobody needs a mansion. Also, there are diminishing returns to having a high net worth, i.e. every successive 2x increment matters less. No surprise there are goods on the market that are trying to counte…

I didn't call it evil. I mean to say it's baffling. A mansion makes sense! I don't want one but see the appeal: it's extremely durable, can be handed down for generations, can potentially improve day-to-day quality of life in a number of ways. I literally don't see what a $2MM car gets you than a $500k car doesn't.

Re: You Crashed a $3M Bugatti. Now What?

#12

Post by Jagat »

tptacek wrote: post #2

I know this is a low-substance observation that lots of people are thinking already but why the fuck would you buy a $2MM car ?

If you have disposable 250k, spending $50k on a car is pretty normal. If you have disposable $100m, spending $2m on a car may not seem that big to the buyer either.

Re: You Crashed a $3M Bugatti. Now What?

#14

Post by myself248 »

sekasi wrote: post #9

To (most) people commenting and reading this, the question 'why would you pay that much money for a car' is just about context. To much of non-first world countries, buying an iPhone Pro Max would evoke the same question. That amount of money symbolises food for a long period of time. Unfortunately your context shifts out a lot. It becomes normalised to buy an iPhone. It becomes normalised to pay a lot of money to bu…

If I could afford either a jet or a Bugatti, there isn't even a question in my mind. Not a moment's hesitation. Jet, jet, jet, jet, and more jet. Heck, even if I could afford both, I think I'd just buy two jets.

You know, for when one's in the shop.

Re: You Crashed a $3M Bugatti. Now What?

#15

Post by seanmcdirmid »

myself248 wrote: post #14
sekasi wrote: post #9

To (most) people commenting and reading this, the question 'why would you pay that much money for a car' is just about context. To much of non-first world countries, buying an iPhone Pro Max would evoke the same question. That amount of money symbolises food for a long period of time. Unfortunately your context shifts out a lot. It becomes normalised to buy an iPhone. It becomes normalised to pay a lot of money to bu…

If I could afford either a jet or a Bugatti, there isn't even a question in my mind. Not a moment's hesitation. Jet, jet, jet, jet, and more jet. Heck, even if I could afford both, I think I'd just buy two jets. You know, for when one's in the shop.

Jets have a lot of overhead to operate, you need to keep it near an airfield, it needs pilots, maintenance, fuel, ...

A Bugatti needs a nice garage and an occasional mechanic, long term costs much less to operate or even just own than a jet.

Re: You Crashed a $3M Bugatti. Now What?

#16

Post by p1necone »

myself248 wrote: post #14
sekasi wrote: post #9

To (most) people commenting and reading this, the question 'why would you pay that much money for a car' is just about context. To much of non-first world countries, buying an iPhone Pro Max would evoke the same question. That amount of money symbolises food for a long period of time. Unfortunately your context shifts out a lot. It becomes normalised to buy an iPhone. It becomes normalised to pay a lot of money to bu…

If I could afford either a jet or a Bugatti, there isn't even a question in my mind. Not a moment's hesitation. Jet, jet, jet, jet, and more jet. Heck, even if I could afford both, I think I'd just buy two jets. You know, for when one's in the shop.

Same here. I can't see the point in an iPhone Pro Max though. Although I think even if I had $3b I'd rather have an old mark 1 mr2, or an AE86. Or a modern lotus elise.

Re: You Crashed a $3M Bugatti. Now What?

#18

Post by skybrian »

myself248 wrote: post #14
sekasi wrote: post #9

To (most) people commenting and reading this, the question 'why would you pay that much money for a car' is just about context. To much of non-first world countries, buying an iPhone Pro Max would evoke the same question. That amount of money symbolises food for a long period of time. Unfortunately your context shifts out a lot. It becomes normalised to buy an iPhone. It becomes normalised to pay a lot of money to bu…

If I could afford either a jet or a Bugatti, there isn't even a question in my mind. Not a moment's hesitation. Jet, jet, jet, jet, and more jet. Heck, even if I could afford both, I think I'd just buy two jets. You know, for when one's in the shop.

Hmm, why not NetJets?

Re: You Crashed a $3M Bugatti. Now What?

#20

Post by libria »

> Singh’s insurance policy covered the cost of the repairs; he declines to specify the total amount but says the incident did not increase his monthly premium.

I assume they did so only after the at-fault driver's insurance was maxed out?

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