Or a very regrettable investment.
Last summer, we reported about a Bugatti Chiron hypercar owned by Dominican recording artist El Alfa that became the victim of a garage fire in Miami. The car wasn't completely totaled but the damage was extensive. The hood, driver's side door, wheels, fender, and window all suffered fire damage. We don't know the exact cause of the fire but our original report mentioned it was set ablaze on purpose. Apparently, someone had serious issues with its owner.
Fast-forward to today and that Chiron is now being listed for sale on Copart, everyone's favorite car salvage auction site.
The auction site still lists an estimated retail value of $3.45 million but there’s no way it’ll sell for anywhere near that amount. Bear in mind it’s not completely totaled but this isn’t your typical project car. Aside from the exterior damage, the interior is covered in something very unpleasant, most likely a fire suppressant courtesy of the local fire department.
It is probably possible to repair the exterior and interior cosmetic damage but it won’t be easy or cheap. It’s not like Bugatti churns out Chirons on a regular basis. Only 500 units are planned. The car’s best bet is probably to have it shipped back to Molsheim, France for surgery and recovery.
The listing says the 8.0-liter quad-turbocharged W16 engine still runs at idle but beyond that is anyone's guess. If anything, this could be an attractive auction item for anyone who only wants the engine and a few other Chiron salvage parts here and there.
The auction is being held in West Palm Beach, Florida where the Chiron is currently located. It'll be interesting to find out whether it'll have any takers. Sure, someone might think they're getting a bargain at first, but the initial purchase is only the beginning of an expensive list of repairs to get this hypercar as good as new (assuming that's even possible).