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Tuesday, September 19, 2006

Bugatti Veyron: Don't have a million in cash? Why not lease?

Bugatti Veyron
The Bugatti Veyron is now offered with a leasing option.
First, if you want to lease a Veyron you'll need to take the college fund you set up for your kids, empty out your 401-K and get an advance on your parents' will to afford the car's $400,000 down payment. Then you'll have to figure out how to scrape together $23,595 for your first month's payment. And then you'll have to repeat that feat another 60 times, as the Veyron is only offered with a five-year lease. You are afforded 2,500 miles a year, which means if you're planning on using the Bugatti as a daily driver you'll be taking the bus a lot. There's no word on what the penalty is for going over that limit, but expect to forego a 50-inch plasma TV for every mile over.

When all is said and done you will have shelled out $1,815,700 for the privilege of driving a Bugatti Veyron without the hassles of ownership, which happens to be over $400,000 more than the car's $1.4 million Buy-it-Now price.


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Source: Autoblog

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