The RM Auctions offers some of the rarest and finest automobiles for your money. Many of these cars are insanely expensive, like this Bugatti Veyron 16.4 Grand Sport Vitesse that has a starting bid of $1.9 million. Wait you are concerned about reliability for your Veyron? Fear not, a warranty is available. http://www.rmauctions.com/lots/lot.cfm?lot_id=1068284
This particular car is the one-off "Le Ciel Californien" edition with a color scheme inspired by the 1928 Type 37A raced by Pierre Veyron. It was the first Vitesse ever shown in the United States and was displayed at the Pebble Beach Concours d'Elegance and The Quail in 2012, as well as at the Qatar Motor Show in January 2013. It 3,000 miles on the odometer.
I imagine the previous owner thought they would drive it a bit more, because they purchased the Bugatti extended warranty.
Recently, the car received a full service from Bugatti of San Diego, to ensure that it is fully prepared for road use by its next owner. Additionally, it is important to note that this car comes with an extended factory warranty that was purchased by the original owner upon its delivery, which will remain in effect until May 30, 2019. The current price for such a warrantee costs approximately $255,000.
So what does a quarter-million dollar warranty get you? According to Bugatti's website-
Bugatti is pleased to announce the introduction of a comprehensive additional warranty, covering practically every eventuality up to four years after the vehicle's original delivery. To begin with, the optional warranty guarantees the mechanical and electrical components, as well as the body- and paintwork, including a guarantee against rust throughout the entire vehicle. To this end, the built-in telemetric system can be used to provide early warning of any possible malfunction within the car's equipment that might affect its safety or performance. In the event of a failure, the warranty also provides for the delivery of replacement parts anywhere in the world.
In addition, should your vehicle break down due to a technical defect, Bugatti S.A.S. will ensure you reach your destination. The warranty promises immediate breakdown service, including towing free of charge to the next Bugatti service partner open for business if the car cannot be repaired on the spot. In such cases, the owner will also be provided with a replacement vehicle of a standard corresponding to the Audi A8.
Finally, to ensure a minimum of discomfort, Bugatti owners taking advantage of this service are issued with an "anti-inconvenience" cheque that can be used to cover any expenses resulting from a breakdown, such as hotel accommodation or travel tickets, without any need to produce receipts. A special helpline is available 24 hours a day, 7 days a week, and all calls are managed personally by a member of Bugatti customer service. The Bugatti extended warranty applies to a specific vehicle and can be transferred to the new owner in the event of the car being sold. For further details please contact your Bugatti dealer.
We have discussed before whether or not extended warranties are worth the money. I guess if you are a wealthy enough to afford the fastest convertible in the world, and want the peace of mind of having "minimum discomfort" should your Vitesse malfunction, perhaps this warranty would be a good investment.
If you have a question, a tip, or something you would like to to share about car-buying, drop me a line at AutomatchConsulting@gmail.com and be sure to include your Kinja handle.