Which would you rather own for a year: a private jet or a Bugatti Veyron Grand Sport?
Most might say the jet, since it is much more expensive than Bugatti, a car that retails for a mere $2,128,230. After all, despite its top speed of 253 miles an hour, the Veyron wonâ€™t get you to Paris. (For proof of Bugattiâ€™s poor nautical performance, see this sunken Veyron video.)
Now one reviewer says the cost of owning a Veyron may approach $300,000 a yearâ€“a sum comparable to running a private jet.
The costs include:
â€˘ $10,000 per tire, which the manufacturer recommends changing every 2,500 miles. Presumably, when tooling around at aÂ top speed of 253 mph, this is one area you don’t want to skimp on. In any case, at top speeds, you’ll go through a set of tires every 12 minutes.
â€˘ The rims need to be stress tested and replaced every 10,000 miles. That’s $11,525 per rim.
â€˘ Scheduled annual maintenance, which costs a whopping $21,000. (Comparatively, annual maintenance on an Enzo will only set you back $2,746.)
Add in other assorted costs and the total approaches $300,000.
Running the car is so expensive that, according to a blogger on Autocar, one Veyron owner loads his car on a trailer for long trips and follows behind on a private jet. The arrangement â€śworks out to be cheaper than driving a Bugatti several hundred miles to reach the dream Tarmac.â€ť
A midsize private jet, meantime, can cost $2,200 to $2,700 an hourâ€“-including catering, fuel, pilots and maintenance. Some jet-management companies put the expense of all the operations at $200,000 a year or less. (Of course, those per-hour trip costs donâ€™t include the purchase price nor depreciation.)
All in all, owning a Bugatti Veyron is not for the faint of heart.