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You Crashed a $3M Bugatti. Now What?

bloomberg.com

41–50 of 67 posts

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

#41
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?

I did wonder that, the article didn't actually specify what happened to the Uber driver. Beyond the inevitable heart attack when your stupidity embeds your Honda Civic into the side of a $3m supercar.

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

#42
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 have 20/15 vision and I'm sure I could pass the physical. Training and licensing doesn't seem like a big deal; there are lots of pilots and they somehow made it through.

Regulation is definitely heavier than cars — nobody makes you file a flight plan before you drive to the store — but there are tons of private pilots who seem to find it worth enduring in exchange for the fun and freedom of flight.

Besides, I can _already_ drive my own car. A faster car isn't actually much of an upgrade in capabilities.

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

#43
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.

> negligent behavior

You know what's much more of a negligent behavior? burning a red light. And you know what's even more valuable than a supercar? A human life.

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

#44
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…

> 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.

The median yearly income in the very very poorest countries in the world is $500-1,000. So an iPhone might be 3 years of salary.

Most of these supercars are worth more than what the average American would make over 40 years.

Beyond the fact that rural environments in poorer countries don’t even have the structured economies needed to make some of these comparisons, there are orders of magnitudes differences at play here.

There might be some people who think “if I had that much disposable income why would I spend it on that?” But these aren’t iPhones. These are private jets. They are fundamentally out of reach for everyone and are immense signs of wealth.

There’s surely a bunch of engineering and cool shit to nerd out on from it, but there’s no democratization of the super car. If these companies wanted to they could mass produce and sell at 1/10th the cost. But that defeats the purpose of these cars existing.

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

#45

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.

$3 million is enough money to buy a decent used 8 seater twin engine or an L39 fighter jet and still have $2.5 million left over for thousands and thousands of hours of operations, maintenance, etc.

Hell, it would be enough to buy an F5 supersonic trainer and gun it for a few hundred hours over the ocean

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

#46
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.

Um... a personal jet starts at 10x the Bugatti price and goes up from there.

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

#47

> 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

If so, they should have said “could” instead of “would”.

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

#48
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…

The thing is, there is something about very high end sports cars -- and especially supercars -- that isn't present in most cars: the physicality of it all. Let's forget about "luxury" gizmos and gewgaws, which trickle down into everything over time in a very democratizing way. Everything has that eventually.

-- ----- -----

Do you remember the last time you saw a pre-Aventador (so Murcielago, Diablo, Countach, Miura) V12 Lamborghini hammering down a road at 40+ mph (65+ kph), and not dawdling about looking for attention? If so, you probably remember something you actually felt. In your body. A shockwave, even as a pedestrian, imparted by that V12. It's a lot more real INSIDE the car.

Drive a high-revving (8000+ rpm) mid-engine Ferrari. Once you're well into the depths of what the second camshaft profile offers, there is legitimately a frequency in which vibrations are transmitted into the chassis that will literally make your spine tingle.

Get into a motorsport-derived Porsche. The air-cooled ones have a buzz about them by lacking the insulation of water-jacketing. Though the newer ones, past 7500rpm, twist their sound into a chilling, baleful howl. All while it's telling you exactly. what's. going. on... through its freakish levels of precision and feedback. You can put any knucklehead in a modern proper 911, have them go through a corner at twice the speed they would've normally considered, and the car basically will have made it absolutely clear they can go faster still next go around.

-- ----- -----

There are other things too with materials. Where everything feels fantastic to touch and hold, and some devilish CNC work, machining and precision. Though for very high-end metal (granted, less so in the past 5 years, 10 for some brands) there is a real physicality to the driving experience that gives those cars the "soul" that other cars do not have. Some older more accessible sports and muscle cars have done it similarly well -- older Nissan GT-Rs, some Corvettes, Mitsubishi Evos, RX-7s, some particularly playful compacts and well-sorted muscle cars.

The thing is... as everything else becomes increasingly homogeneous aside from body/character lines, headlamp and grille graphics, interior themeing -- particularly on the power train front -- that is what's going to differentiate manufacturer A from B. The new Porche Taycan Turbo S reviews all laud how brilliant the engineering is, and how well it handles, and how quick it is, and the usual build quality. Well and good. Though all the journalists have admitted that it has no soul, and ergo they just can't really give a rats. "It's nice. It's fast. Buy it if you want it. Cheers." Your Tesla you're so thrilled about? You're going to eventually acclimate to that torque. Then everything will have that torque. Congratulations, that will soon be the new normal... and a very different character (and I'd say less exciting) of torque delivery than other types of cars have offered.

For most people, a "good car" is fine. Great. Focus on comfort, safety, reliability, TCO and emissions. It's the pragmatic choice, and I fault no one for it as it's the correct choice. In fact, I'm a pedestrian and public transit user well over 99% of the time! Though realize that for some of us, we like driving, and doing it in something interesting in ways that is difficult to quantify. Not commuting. Driving. At 3AM in the middle of nowhere. Having an adventure with our good friend: the machine.

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

#49
post #11

Earlier quoted context omitted.

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?

Really, probably not much? A $200 meal is already --- except I guess maybe for very high-end Japanese --- pretty much topping out the scale. The Salon at Alinea is ~$200; you can pay $100 more to go from 14 to 18 courses, but, as someone who's eaten at Alinea before, I wouldn't recommend that.

Anthony Bourdain has a whole chapter about the $800-meal phenomenon in NYC in Medium Raw, and, long story short, those people are getting rolled.

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

#50
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…

Also, note that unlike your regular Honda and Toyota, for many limited-production supercars, their value actually go up over time. So you could argue the 2M car is a better deal than your average family sedan.

Of course, these cars cost a fortune to insure and maintain, and they are absolutely not practical for daily use. I’m just saying the reality is more complicated.

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