Bugatti Veyron Receives Guinness Award
Another testimony has presented itself with regards to the unbelievable speed of the Bugatti Veyron.
Just recently, Volkswagen has bagged the 2007 Guinness Book of World Record’s fastest production car in the form of their famed Bugatti Veyron. With a speed ranging from 253 miles per hour, it has now officially made history, through a Guinness book that is.
Bugatti: Melting Pot of Enthusiasts
Recently, more and more news are coming our way on new acquisitions of Bugatti models. And pleasantly enough, these Bugattis are being bought by various nationalities all over the globe.
It would seem that the new money from Asia, India, and Russia are doing their parts to put top caliber collectible cars such as Bugattis into historic price highs.
The Benefits of Leasing a Million-dollar Bugatti
Reverting to the payment scheme chosen by Timothy Durham, it initially sounds absurd given the interest fees (But hey, he’s the financial genius, not me).
As it turns out, there were two important benefits in Durham’s leasing scheme: One, he wanted to invest first the remainder of the money; and two, he can have the taxes in monthly portions instead of the full blast of dues.
Durham, who leads the investment firm Obsidian Enterprises and several other industrial corporations, explains to provide insight: ”One of the biggest things is you’re deferring your tax because the sales tax is getting stretched over some period of time.”
Durham has also put in consideration that in buying through a lease plan, he might benefit more in the long run. This is due to his estimate and expectation that in the coming years, the Bugatti would most probably be worth more than what he has agreed to pay.
Lesson Learned: There is always another way to stretch and save one’s money, even if one is to buy a million-dollar gem such as a Bugatti.
Bugatti Veyron on Lease Terms
Another typical tale of the filthy rich, but with a unique twist on the payment plan.
Multimillionaire financier Timothy S. Durham craves to park a black-on-silver Bugatti Veyron in his 45-space garage. Thus, he decides to acquire this $1.5 million-worth Bugatti model. But instead of shelling out the whole million, which he can certainly do given his financial background, he opts for lease payment terms.
For a downpayment of $400,000, he would then pay an estimate of $20,000 monthly payments for the next five years.
Update news on the Bugatti Veyron Spider
The Bugatti Veyron Spider is almost within reach.
Word of a Veyron Spider creation started to circulate as early as January of this year. Now, more details are sprouting up to attest that such plan is really in order. According to insiders, Bugatti is truly going to produce the convertible version of the Veyron model, but in a limited edition of 80 units only. Though not completely taking in the whole convertible-look package like the Ferrari F430 Spider, the new design is said to gear more towards a Porsche Carrera GT. In terms of speed, this new model is reported to achieve a maximum level of 350kmh, not exactly the top-rater in its category but still quite a rare speed for a typical convertible.
Rumor or not, the mere concept of a Bugatti Veyron Spider is a dream car come to all sport or convertible car lovers.
A Glimpse on the Bugatti Veyron Pegaso
If you think Dubai is well-known for its oil, think again. Most of the expensive and luxurious sports car can now be found in this Middle-eastern portion of the world. This was apparently concluded when images of an Ukranian Dubai-based entrepreneur were posted on the web with a brand-new, customized 1,001-horsepowered Bugatti Veyron Pegaso. The Ukranian is reported to also own a customized Mercedes Benz SLR McLaren, a Pagani Zonda F, and a list of other glamourous supercars.
To get a glimpse of the prestigious Pegaso, click here.
Demand Surges upward for the Bugatti Veyron
It would seem that a number of millionaires today are clamoring on driving sports cars that reek of unprecedented style and have the ability to whiz off beyond 350kmh. This is evident on the drastically increasing orders received by Bugatti manufacturers on its Veyron model, with reservations now reaching as far as the year 2010. Thus, due to this unexpected demand turnout, Bugatti’s initial limited production of 60 units annually was now converted to 75 units per year.
Expect increased visibility, not to mention more captured webshots, of this exceptional speed machine in the coming years.
