Latest news with #BugattiVeyron
Yahoo
16-05-2025
- Automotive
- Yahoo
How to find the best luxury car insurance
You found the luxury car of your dreams, but getting it insured may be a bigger challenge than expected. Luxury and exotic vehicles can have unique insurance needs, and some can be covered only by specialty providers. To find the best luxury car insurance now, understand what it can cover and how it differs from standard auto coverage. This embedded content is not available in your region. Learn more: How does car insurance work? The basics explained. There is no hard-and-fast definition of a luxury or exotic car, but they typically feature high-quality components, performance-oriented engineering, and selling prices over $50,000, including these qualities: Make and model. According to Kelley Blue Book, 24 automakers are widely accepted as luxury brands. The list includes Alfa Romeo, Aston Martin, Bugatti, Ferrari, Lamborghini, and Maserati. Price. Luxury cars have higher-than-average selling prices. Cox Automotive reported the average new car price is $47,462 as of March 2025. Engine size or horsepower. Luxury cars often have bigger engines and more horsepower than mainstream autos. Parts and trim quality. Luxury cars are built with high-quality parts and interiors and come standard with upgraded features, like leather interior. Learn more: How your vehicle's make and model affect car insurance costs Exotic cars are a subset of the luxury category, differentiated by availability and price. Luxury cars can be mass-produced, and some are fairly affordable. Exotics are rare and very expensive. An example is the high-performance Bugatti Veyron, which carries a price tag of $1.9 million. This is the cheapest and most popular of the Bugatti line-up. Still, only about 450 Veyrons have been produced since 1998. The best insurance for luxury cars is full coverage car insurance, with high liability limits and collision and comprehensive insurance. The best policies also have these extra protections and features: Agreed value. The insurance company and car owner together establish the car's value. If the car is damaged beyond repair, the insurance company pays the agreed value to the owner. This differs from standard car insurance, which uses actual cash value when reimbursing owners after a total loss. New vehicle replacement option. Some luxury policies provide the option to replace a totaled car with a new vehicle of the same make and model. Cash settlement option. Private Client Select, an AIG insurance program for high-net-worth customers, allows luxury car owners the option to take a cash payout instead of having the damaged vehicle repaired when damage is 50% or more of the agreed value. Original equipment manufacturer (OEM) parts. Insurance for luxury cars usually guarantees repairs will be made with OEM parts. This protects the car's value and safety in high-performance situations. Custom parts. Luxury car policies may allow you to insure custom parts and vehicle upgrades. Examples include wheels, custom paint, electronics, and seats not installed in the factory. Gap insurance. Gap insurance pays off an auto loan if the balance exceeds the total loss payout. Here are the key differences between standard and luxury auto insurance. Luxury cars are more expensive to insure than regular vehicles due to the high costs to repair or replace them if they're damaged, totaled, or stolen. Also, certain cars can be more destructive in collisions, which raises the risk of an expensive liability claim against you — and luxury vehicles are often engineered for high performance. The National Highway Traffic Safety Administration reported that 29% of traffic fatalities involved speeding in 2022 (the latest data available). Car insurance companies calculate premiums partly based on the claims history for the vehicle, so when other owners of your model make claims, it will affect what you pay for auto insurance. Learn more: Car insurance rates are climbing. Here are 4 reasons why and 11 ways to save. The factors that affect the cost of exotic and luxury car insurance go beyond the car's value and repair costs. Other considerations are: Where you live. How much you pay for car insurance can depend on your ZIP code. Car insurance is generally more expensive in areas with heavy traffic, higher crime rates, and frequent severe weather. How much you drive. If you only take the car out of the garage for special occasions like car shows, you may qualify for pay-per-mile car insurance. Your driving record. You will have lower rates if you have no tickets or accidents on your record. Discounts. You can qualify for car insurance discounts if you have multiple cars insured with the same company, different types of insurance from the same insurer, and other factors that lead to discounts. Learn more: What is a car insurance premium, and how is it calculated? Buying insurance for a luxury car can require more research than buying standard auto insurance. Generating quick online quotes from mainstream insurers may not be an option, and you may be looking for special coverage features like a cash settlement option. For example, Progressive does not insure vehicles worth over $150,000. Work with an insurance broker who specializes in high-net-worth clients, or contact specialty insurers directly. PURE, Private Client Select from AIG, Grundy, and Hagerty have coverage options for luxury and exotic cars. Once you have chosen a policy, you can negotiate the agreed value. Your liability limits should likely be quite high, for two reasons: If you cause a crash with a high-performance vehicle, the damage to property and injuries to others can be hefty. As a luxury car owner, you presumably have some wealth to protect and can be a target for lawsuits. You probably also need an umbrella insurance policy to provide additional liability insurance above your auto and homeowners policies. Learn more: Here's how to shop for car insurance According to Kelley Blue Book, these brands are generally accepted as luxury makes: Acura, Alfa Romeo, Aston Martin, Audi, Bentley, BMW, Bugatti, Cadillac, Ferrari, Genesis, Infiniti, Jaguar, Lamborghini, Land Rover, Lexus, Lincoln, Lotus, Maserati, McLaren, Mercedes-Benz, Porsche, Rolls-Royce, Tesla, and Volvo. Classic car insurance policies are designed for high-value vehicles of a certain age that are not driven daily. The rates may be less than full coverage because the insurance company restricts how the vehicle is used and stored. Typically, the car must be stored in a locked, climate-controlled space, and its use must be limited to hobby driving, such as car shows and exhibitions. Amy Danise and Tim Manni edited this article.
Yahoo
23-04-2025
- Automotive
- Yahoo
These Celebrities Crashed Millions in Exotic Car, Here's Who Tops the List
Read the full story on Modern Car Collector A new study released by Value My Car reveals the true financial cost behind some of the most high-profile celebrity car crashes, with YouTuber and luxury car collector Gage Gillean topping the list after wrecking a $3.4 million Pagani Huayra Roadster. The study, which ranks the most financially significant celebrity crashes based on publicly documented incidents, evaluated each by original car value adjusted for 2024 inflation and estimated financial damage. Only incidents with verifiable details were included. Second place went to comedian Tracy Morgan, who infamously crashed a Bugatti Veyron 16.4 Grand Sport valued at $2 million—mere minutes after buying it. Video footage of the accident circulated widely, cementing it as one of the most expensive celebrity car crashes in recent memory. Soccer legend Cristiano Ronaldo placed third, with two luxury vehicle crashes involving a Ferrari 599 GTB Fiorano and a Bugatti Veyron. Combined, the original value of the two cars reached $1.7 million. British actor Rowan Atkinson landed fourth, largely due to a $1.6 million repair bill following a crash in his McLaren F1. At the time, it became one of the costliest insurance payouts in UK automotive history. Rounding out the top five is Top Gear presenter Richard Hammond, who survived two high-speed crashes—one in a jet-powered dragster and another in a Rimac Concept One. While exact damage totals remain undisclosed, the original combined vehicle value was $980,000. Other celebrities in the top 10 include Elon Musk, Stefan Eriksson, Eddie Griffin, Tyga, and Formula 1 star Charles Leclerc, each linked to incidents involving ultra-rare supercars. A spokesperson for Value My Car noted, 'These aren't just expensive cars—they're often irreplaceable machines. When they're lost, it's more than just a financial hit—it's a hit to automotive history.' The study underscores how quickly costs can skyrocket when high-performance exotics are involved, even in routine driving conditions. It also illustrates the importance of experience, caution—and perhaps a backup Camry. Follow us on Facebook and Twitter
Yahoo
17-04-2025
- Automotive
- Yahoo
1 Of 1 Masterpiece: Mansory Bugatti Veyron Vivere Diamond Edition
Read the full story on Backfire News Any Bugatti Veyron is a special vehicle. After all, the French company only sold 450 for the global market, and that includes the Grand Sport and Super Sport special editions. It's not hard to imagine then that this Mansory Bugatti Veyron Vivere Diamond Edition is a true one of one masterpiece with some interesting course, the Mansory name stands for bespoke luxury many aspire to attain but few can truly afford. While not everyone is a fan of the modifications the company applies to exclusive rides, they often increase the market price of the vehicle by a significant amount. That's undoubtedly the case with this Bugatti Veyron, which is immediately recognizable as unique thanks to its forged carbon finish made to mimic the look of marble. This is the sort of ride you arrive in for an event where you know others will be rolling up in Bugattis, so you stand out. For the interior, the same material applied to the body adorns the door panels and select trim pieces, creating some continuity. That contrasts with white leather upholstery, making a bold statement of extreme luxury. We don't expect everyone will like the marble-like finish on the Bugatti. But we also don't think the owner cares. He obviously enjoys the bespoke hypercar and is proud of it. Since he can obviously afford it, which no doubt costs far more than a 'regular' Veyron, more power to him. The owner of this amazing ride is Zunaid Moti of South Africa, owner of FuturExotics. His collection is overflowing with ultra-rare rides worth millions, including multiple Rolls-Royces, Mercedes-AMG G63 6x6, and a Porsche 911 Techart. But even among his impressive vehicles, the Veyron is a true standout. Images via Mzansi Petrol Headz/YouTube
Yahoo
07-04-2025
- Automotive
- Yahoo
Bugatti Tourbillon Options Top $960K—More Than a Veyron Once Cost
Read the full story on Modern Car Collector For the select few configuring a new Bugatti Tourbillon, the term 'options list' might as well read 'second mortgage.' A leaked configuration sheet circulating online has revealed just how deep buyers can dig into their pockets to personalize Bugatti's newest hypercar—with optional extras totaling a jaw-dropping $960,000. That's nearly the price of an entire Bugatti Veyron when it launched in the mid-2000s. Originally shared by the Tourbillon Registry Instagram account and later archived by The Supercar Blog, the document outlines individual costs for some of the most extravagant options offered by the French marque. A Matt Vermillion Carbon exterior finish rings in at $360,000, and if the buyer wants that paint in a matte finish, that's an additional $60,000. The Pur Sang aero package with eight tailpipes and unique bodywork adds $240,000. Need your exhaust tips blacked out? That's $15,000. Want your wheels in two-tone? Another $20,000. And for those who like a bit of dazzle on the dash, $65,000 can outfit the instrument panel with rose gold gears and dark gray needles—yes, just the needles themselves cost $15,000. If luggage is on your mind, Bugatti offers a three-piece set—including two garment bags and a weekend duffel—for $35,000. And to protect that six-figure paintwork, a clear stone chip guard (essentially a high-end wrap) is listed at $25,000. All told, this particular build pushed the Tourbillon's already lofty $4.6 million base price to over $5.5 million. Still, for the clientele who can afford a Tourbillon, these add-ons are less about utility and more about exclusivity. As the brand's latest technological showcase, the Tourbillon marks a new era for Bugatti—where even the options are headline-grabbers. Follow us on Facebook and Twitter
ArabGT
27-03-2025
- Automotive
- ArabGT
Top 5 Fastest Pursuit Police Cars in the World
Trying to outrun the law is never a smart move — especially now that some police cars are capable of chasing down even the most high-performance vehicles on the road. While many departments rely on capable patrol units like the Dodge Charger Pursuit with nearly 400 horsepower, today's most advanced law enforcement fleets include a new breed of high-speed machines engineered specifically for pursuit. These elite police cars aren't always used in daily patrol duties. In many cases, they serve as rapid response units or are reserved for special operations, promotional purposes, or ceremonial displays. What unites them all is their jaw-dropping acceleration, advanced engineering, and extreme performance capabilities. For this list, we focused on 0–60 mph acceleration times — a more realistic metric in chase situations than raw top speed. 5- Chevrolet Corvette Z06 – 'Coptimus Prime' (USA) 0–60 mph: 2.9 seconds Engine: 7.0-liter V8 Estimated Output: 1,000 hp / 750 lb-ft Estimated Top Speed: 210 mph One of the most unique police cars in the United States is a seized Chevrolet Corvette Z06, which the New Braunfels Police Department in Texas transformed into a community outreach vehicle. Originally confiscated from a drug trafficker in 2015, this heavily modified Z06 was repurposed rather than auctioned or scrapped. Dubbed 'Coptimus Prime,' this Corvette boasts an estimated 1,000 horsepower and near-supercar performance. Though not used for actual pursuits, it appears at public events, charity functions, and educational programs — proudly showcasing what police cars are capable of when taken to the extreme. The department plans to auction it off eventually, using the proceeds to fund local initiatives. 4- Lykan HyperSport (Abu Dhabi) 0–60 mph: 2.8 seconds Engine: 3.7-liter twin-turbo flat-six Output: 750 hp / 708 lb-ft Top Speed: 251 mph When it comes to exotic police cars, the Abu Dhabi Police Force sets a high bar. Their fleet includes one of only seven Lykan HyperSport supercars ever built. Introduced by W Motors at the 2013 Qatar Motor Show, the $3.5 million vehicle is a rare blend of luxury, innovation, and blistering speed. Packed with diamond-encrusted LED lights and titanium detailing, the Lykan HyperSport is as exclusive as it gets. Powered by a twin-turbo flat-six engine tuned by RUF, it rockets to 60 mph in under three seconds. While not used for active patrols, this police car is a showstopper at high-profile events and international exhibitions. 3- Bugatti Veyron (Dubai) 0–60 mph: 2.5 seconds Engine: 8.0-liter quad-turbo W16 Output: 1,001 hp / 922 lb-ft Top Speed: 267 mph (unrestricted) Among all high-speed police cars, the Bugatti Veyron operated by Dubai Police stands at the pinnacle. Recognized by Guinness World Records as the fastest police car on the planet, it delivers unmatched performance through its 8.0-liter W16 engine and quad-turbo setup. Although its top speed is electronically limited to 253 mph, the Veyron can reach 267 mph when unrestricted. Power is transmitted via a seven-speed dual-clutch transmission and all-wheel drive. While Dubai Police don't use this machine for regular patrol or actual chases, it plays a key role in promoting the city's image and showcasing the incredible reach of modern police cars. 2- Tesla Model S Pursuit – Patrol Edition (USA) 0–60 mph: 2.4 seconds Motors: Dual electric (AWD) Output: 670 hp / 540 lb-ft Top Speed: 155 mph From electric luxury to law enforcement, Unplugged Performance's Tesla Patrol Car brings cutting-edge EV tech into the world of pursuit vehicles. With 670 hp and a 402-mile range, it rockets from 0 to 60 mph in just 2.4 seconds. Upgrades include pursuit-rated 18-inch forged wheels, special tires, a PIT-friendly push bar, and a comprehensive lighting package — including roof, windshield, C-pillar, and rear strobe lights. It also features an advanced siren system and customizable department livery. Inside, officers are treated to a luxury EV cabin that feels more like a tech-savvy limousine on adrenaline. 1- Caparo T1 RRV (UK) 0–60 mph: 2.3 seconds Engine: 3.5-liter IndyCar V8 Output: 575 hp / 310 lb-ft Top Speed: 205 mph Back in 2007, London's Metropolitan Police unveiled a concept called the Caparo T1 RRV — a futuristic Rapid Response Vehicle unlike anything seen before. It was built around the same tech as Formula race cars, featuring a 575-hp mid-mounted V8 derived from IndyCar engines. The car's power-to-weight ratio is astonishing: it weighs just 1,040 pounds and shifts through gears in just 60 milliseconds, thanks to a magnesium-and-carbon Hewland sequential transmission. While it never became a production patrol car, it proved what high-tech performance could look like in law enforcement. Sadly, the company behind it folded in 2015 after producing only about 20 units.
