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You Crashed a $3M Bugatti. Now What?

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

#21

Post by NeedMoreTea »

seanmcdirmid wrote: post #15
myself248 wrote: post #14

Earlier quoted context omitted.

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.

Hmm, if I could afford a $3m car, jet fuel and maintenance would probably not even be on my list of relevant points.

Bizjet? No ta. I could have a lot of fun with a Folland Gnat, Hawker Hunter or L39 Albatross though. My environmental efforts would take a bit of a hit. :)

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

#22

Post by userbinator »

I've noticed that as the price of a car goes up, or if its marketed as a "luxury", its complexity and difficulty of repair also goes up disproportionately; this is true also for cars far below $100K. Given things like the placement of consumable parts, it's almost as if they are deliberately designing them for anti-serviceability, so that they can charge more for servicing.

On the other hand, I have an old American car and all the major parts for it --- powertrain, suspension, brakes, etc. --- are still cheap and widely available, even after nearly 5 decades. It's very serviceable and relatively simple, yet still quite comfortable and pleasing to drive; and despite the powerful engine, probably still has better fuel economy than these supercars.

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

#23

Post by throwaway1777 »

tptacek wrote: post #11
H8crilA wrote: post #8

Earlier quoted context omitted.

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.

What does an $800 meal get you that a $200 meal doesn’t?

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

#24

Post by lonelappde »

libria wrote: post #20

> 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?

If the law would hold me liable for damages to a car worth over about $100K, even if I was 100% at fault, the law is deeply unjust. At some point the act of putting an absurdly expensive car in public is negligent behavior.

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

#25

Post by [deleted] »

seanmcdirmid wrote: post #15
myself248 wrote: post #14

Earlier quoted context omitted.

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.

[deleted]

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

#26

Post by [deleted] »

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…

[deleted]

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

#27

Post by BrentOzar »

tptacek wrote: post #11
H8crilA wrote: post #8

Earlier quoted context omitted.

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.

> I literally don't see what a $2MM car gets you than a $500k car doesn't.

Front line valet placement in LA/NYC/Miami. When everyone has $500k cars, you need to go higher if you want them to keep your car out front. It’s a status thing.

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

#28

Post by lonelappde »

tptacek wrote: post #6
clouddrover wrote: post #5

Earlier quoted context omitted.

You buy a Bugatti simply so you can say you have one. It's a status symbol. It's an expression of power.

Is it really that much better than a Ferrari F8 with bearer bonds duct taped to the hood?

There's no accounting for taste.

Someone could steal my bonds. They can't steal the roof of my car.

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

#29

Post by m463 »

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.

Would you be able to fly your own jet? Because you would be able to drive your own bugatti, immediately. No jet license, jet physical, jet training, jet regulation.
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