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You Crashed a $3M Bugatti. Now What?

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31–40 of 67 posts

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

#32

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…

>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.

Same applies for apple products only that supercars aren't filling the landfills like tech products are. Supercars are like a swiss watch, they'll always be repaired even when completely damaged, never thrown away.

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

#33
> Fast-forward five months, and Singh was reunited with the car in Italy

Still faster than some Tesla owners have had to wait for their cars to get fixed. Lengthy and complicated repairs aren't limited to $3M cars.

https://www.sfgate.com/cars/article/tesla-repair-wait-time-c...

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

#34

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…

Yes these cars are deliberately designed to be expensive to service and repair. This is even the cars for some “cheaper” cars like some BMWs and Mercedeses.

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

#35

> Aston Martin Vulcan went so far as to include a repair and maintenance clause for all customers, promising that the original technicians and engineers who built the cars would conduct any necessary work. I guess this clause is null and void in USA?

Are you reading that as you are prevented from working on the car? I took that as a promise that they would be willing to service and repair the car with the same team that originally built the car

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

#36
post #11
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.

Do you own a house? Those come with non-trivial continuing expenses and time investment to maintain (or more expenses to have someone else manage the work.) I assume a mansion would only scale up in expenses from there. Plus taxes go up too. Perhaps that’s part of the appeal to just spend the money on a car instead. Myself, I’m not much of a car person, and am currently content to rent. Everyone values different things.

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

#38
post #29

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.

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.

I'm sure if you can buy a jet, the cost of a pilot wouldn't be pennies comparatively. That aside, the point being made above is utility.

The difference between getting an iPhone 11 Pro Max and a $3m car is that the former can be objectively beneficial, if you're someone who uses their phone for business all day long, even a 5% improvement in how efficient you are has significant impact on how much money you make.

A super car, especially in the city, has zero benefits, and if anything it's the opposite in some cases. The only use is showing off and making yourself feel good about it. A jet on the other hand can have significant advantages and as in the iPhone example, really increase your efficiency.

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

#39
post #11
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.

$1.5MM in conspicuous consumption. The ability to burn through cash for no practical benefit is how much of our society signals success.

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

#40
post #34

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…

Yes these cars are deliberately designed to be expensive to service and repair. This is even the cars for some “cheaper” cars like some BMWs and Mercedeses.

>This is even the cars for some “cheaper” cars like some BMWs and Mercedeses.

I can assure you this applies to even cheaper budget brands like Fiat or Hyundai. Competition between budget brands is a race to the bottom so dealers sell them with very low margins, making most of their money on service costs. But you don't know or expect that when you're buying your budget car, you just look at the sticker price.

On my older Fiat I could easily replace the filters myself in less than a minute by undoing some clips. Not on the new models where they use a weird bolt that none of my wrenches work. But guess what, the dealer has the wrench set that works. Funny, huh?

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