The French luxury car Bugatti is known for its design beauty and many race victories, which comes at quite a high price. There are only three models; the Veyron, Chiron and Divo, while prices range from $1.7 million to $3 million. The new Divo hypercar sold out in one day at a whopping price of $5.8 million. Even if you purchase the Veyron, the least expensive model, you can expect to pay nearly $20,000 for an annual oil change. If you think that’s completely absurd, it gets better. That same $20,000 for an oil change is the same price you can expect to pay to rent a Veyron for the day.
To rent the Bugatti Veyron for a day, it will cost $20,000 to $25,000, including taxes, which is equivalent to purchasing a brand new Toyota Camry. According to Royalty Exotic Cars, a luxury car specialist and rental company based in Las Vegas, Nevada, where you can rent the Bugatti Veyron, it is the most expensive car rental in America.
“Our Bugatti Veyron Mansory Edition is priced the way it is because of the name behind the vehicle,” CEO Houston Crosta tells CNBC Make It. “A Bugatti is not something you can walk into your local Enterprise or Hertz and rent. The Bugatti depreciates at almost $1,500 per mile driven, which is why we limit the car to 100 miles per day. Putting a ton of miles on a Bugatti can kill the resale value and ultimately depreciate the car to nothing.”
Costa claims the Bugatti at Royalty Exotic Cars is a “1 of 1 car,” which means that the vehicle was only made once. “Yes, there are other Bugatti Veyrons, but there are no other Bugatti Veyron Mansory Editions. Mansory built the full carbon fiber body kit for the car in a basket weave pattern that is unique to our vehicle. Our showroom houses our Bugatti and it is physically here to rent, take pictures of and experience.”
There is also a Bugatti available as a rental at the MPH Club in Miami, Florida. MPH does not own the car, however, it does act as a broker for the vehicle, which costs $25,000 a day. “Very seldom do people reach out to rent the car recreationally and it’s mostly used in shoots,” a rep at MPH Club tells CNBC Make It. “We get a security deposit of $150,000 to $250,000 on that car. At the end of the day, it’s a Bugatti.”