Owning a Bugatti Veyron is an experience only a handful of the world’s
richest will be able to enjoy. The car’s mega-dollar price tag and
limited production run of just 300 cars worldwide – all in left hand
drive – means even fewer Australians will ever get to own the superlative ridden
supercar, famous for accelerating faster than an F1 car and capable of
reaching speeds in excess of 400km/h.
However, an Australian car club is now offering the chance for a few lucky locals to take part in a unique program that offers members shared ownership of the ultra-exclusive Veyron.
Based in Sydney, Melbourne and the Gold Coast, the Supercar Club houses
a collection of some of the world’s finest supercars, which members can
loan for days at a time for nothing more than the price of membership
and fees. A broad selection of cars, ranging from ‘Group 1’ cars such
as the upcoming Mitsubishi Evolution X and Lotus Exige S to ‘Group 5’
cars including the Ferrari F430 and Aston Martin DB9 Volante, are
available to members.
Part ownership makes purchase "affordable"
A special arrangement has been made for the Veyron, wherein ten hand-picked buyers will share ownership of the car for a period of two years, after which time they can choose to sell or upgrade to a new car. The Veyron ownership program has a somewhat higher cost of entry than the standard Supercar Club membership fees, with a purchase price of $179,000 plus an annual running cost fee of $9,000 for other running, storage, insurance and maintenance costs.
Interest in the offer has been high with only two of the ten spots remaining. Supercar Club’s Tim Sommers has confirmed that a second Veyron will be bought next year and offered to members via a similar purchase plan expected to be revealed in the next three months. Sommers also revealed that certain members who have been associated with Supercar Club for more than one year will also be offered a chance to drive the Bugattis, however both vehicles will eventually be sold at the end of the program.
What’s in store for owners
The first year of the program will see the Veyron held in Europe, with owners able to drive the car on roads and tracks throughout the region. The car will be stationed in London but owners will also be given the opportunity to take it on a three day drive from Monaco to Munich along many of Germany’s speed-unlimited autobahns. An online tracking system will allow other owners back home to keep an eye on the car’s whereabouts from anywhere in the world.
After the first year in Europe, the car will be shipped to Australia. A rotation of availability in Melbourne, Sydney, Adelaide and Brisbane will offer owners the opportunity to experience the car on some of Australia’s most popular race tracks and private roads. There will even be stints at a number of targa-style rallies and corporate events.
Each owner will be entitled to 20 days of use per year or a maximum of 2,000km but because of the car’s left-hand drive configuration public road use has been ruled out. Should something go wrong, the car will be fully checked by Bugatti’s own maintenance team whilst in Europe. In Australia, the vehicle will be serviced and maintained by Bugatti-trained specialists and a technician can be flown in at request.
Fully transferable, value guaranteed
To protect the investments made by the people chosen for ownership, the Supercar Club has made each share fully transferable, even going so far as to insure the value of the Veyron to at least 60% of its $1.7 million value after two years.
Furthermore, the Supercar Club is vetting applicants carefully and putting approved buyers through an intensive training school to acquaint them with the characteristics of high-horsepower supercars. Doing so not only protects the ego and body of the driver, but also protects the investment of the owners not behind the wheel. Comprehensive insurance is also included but owners that damage the car are liable for a $30,000 excess.
Bugatti Veyron 16/4
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