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Why is this car worth so much?
http://www.wjactv.com/automotive/ 18398518/detail.html copy

I read this in the paper today, but i can't fathom why it is worth so much?
Is it a supply and demand thing? It doesn't say in the article i have posted, but in the paper it said only 17 were made, is that why it is worth so much?
Is it drivable?
asked in cars

sheps101 answers:

I wouldn't be surprised if it sells for more to be honest given it's history and the fact there is so few left. If intact and well kept it wouldn't take much to get it drivable especially if you have the money to buy it in the first place.

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KentPDG answers:

For openers, the Bugatti is a classic -- highly desired by collectors, because all Bugattis are magnificent machines, with the highest craftsmanship and well ahead of their time in design. So all vintage Bugattis carry a high price at car auctions.

Moreover, this item also has scarcity value. Many collectors will pay enormous prices to have "the only" or "one of a very few" -- something that few if any other people possess.

For the same reason, art collectors will pay millions for, say, a Vermeer -- exquisite paintings, and only a relatively few of Vermeer's paintings survive. (True also for many other artists -- painters, sculptors, musical instrument makers, etc.)

Very likely, this Bugatti would start right up, with a new battery and cleaning out the fuel system. And it would be a dream to drive.

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high1971 answers:

no i do not think it is drivable after all those years in the garage but it should just be repaired and left not driven that would just lower the price
it is worth so much because it is quite unique i am sure there are not 17 of them left and i am sure it will go for more and i am quite sure that i will have a bid or 2 place on it for my collection

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mercman99 answers:

This is a Bugatti type 57S Atalante.As there were only 17 made and owners included the Royalty of Europe the history and connections make them valuable.They were the ultimate at the time of manufacture and anyone owning one now would make it drivable even if they never drove it.
As with KentPDG's answer the craftsmanship involved in building these cars was outstanding.Sadly the introduction of this car in the late 30's so close to the war was to see the demise of Bugatti's excessive opulence as an independent builder,struggling to cope in the changed post war market,it released it's last model in the 50's before ceasing car production in the early 60's.
The marque is now owned by VW with the top of the range model Veyron costing over a million pounds.
See en.wikipedia.org/wiki/Bugatti for more info on the company

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athenabs13ohe answers:

The Word they have used is "RARE."
Its a beautiful machine.
I am going to put a different perspective on this.
It much like Animals that have become Rare. EG. The Barbury lions and White lions of Africa. They are worth Millions and still get hunters who will pay that just to shoot 1 and stick it as a trophy on their walls.
Like the car, its beautiful, its unique and as with some species of animals will never be made to that standard again or ever seen again.
To be honest there will be no price on what is seen as beauty, the unquiness and the sound of the engine, much like the sound of 1 of the big cats i mentioned. Which we may never get to hear again.
Like Kent put above, as with all creatures, its the Craftsmanship thats made it what it is. Like us, we are a special craft in ourselves.

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Poindexter answers:

It's a collectors' thing. Why is a Blue Mauritius so much more worth than a first-class postage stamp when it's not even valid?

Rolls-Royce is a nice little mover for jumped-up upshots. Bentley -- now you're talking, but if you want real standing then the names to look for are Bugatti and Hispano-Suiza. Maybe also Duesenberg. Of course, these cars are not meant to be driven (heavens to be!) but to be adolated afar in a museum.

In recent years, Volkswagen has rebuilt the Bugatti brand with the Veyron, a ridiculously overpowered dinosaur of a car, which of course is also not meant to be actually driven.

All this makes sense if you see it in the context of rich old men in quest of their youth and virility.

And you have a similar scenario, albeit on a much lower price level, with vintage electric guitars, which people don't buy to actually play, and not even to collect (in the true sense of the word), but to lock away in climatised aafes.

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Russel.West answers:

It's rare - I am glad it has been discovered after 40 odd years and I hope they get the very best price they can for it and the family use the money well...

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Messerwisser answers:

Simply because there are people rich enough and willing to pay that much and more.
(I am not one of them ;-(

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Theminxy1 answers:

Because fools and their money are easily parted. It may be beautiful and one of the few of it's kind, but at the end of the day it's just a car.... And cars can be broken toooo easily.

besides think what else I could do with all that money !!! New boots here we come !

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