Old Carr’s old car

Now here’s a salutary lesson. If an elderly and slightly obsessive relative dies leaving a houseful of stuff (including dialysis machines rescued from hospital skips) collected over the decades, don’t be tempted to call in a house clearing specialist.
Because in the garage you might, just might, find a 1937 Bugatti that could fetch millions at auction.
Yes, this is what happened when relatives of 89 year old Dr Harold Carr died last year on Tyneside. His nephew opened the dusty old garage and found the Bugatti Type 57S Atalante which had spent decades parked alongside other classics (including Jaguar E-type and an Aston Martin).
Dr Carr bought the car in 1955 from Lord Ridley but stopped driving it a few years later. It was last taxed in 1960. The reclusive surgeon was an obsessive compulsive who hoarded much medical equipment from hospital skips. Some of it he repaired and sent to Africa.
A 1931 Bugatti Royale Kellner Coupe sold for $8.7 million (£6 million) in 1987 and Dr Carr’s car may well beat that.
Although this Bugatti’s not up for car leasing you may want to consider the latest model. If you want to lease a Bugatti Veyron you’ll need to steal your son’s college fund you and get an advance on your parents’ will to afford the car’s $400,000 down payment. Then you’ll have to figure out how to scrape together $23,595 for your first month’s payment. And then you’ll have to repeat that feat another 60 times, as the Veyron is only offered with a five-year lease. You are afforded 2,500 miles a year, which means if you’re planning on using the Bugatti as a daily driver you’ll be taking the bus a lot. There’s no word on what the penalty is for going over that limit, but expect to forego a 50-inch plasma TV for every mile over.

January 3, 2009 at 1:48 pm | Bugatti, Car Leasing Advice | No comment

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$7.92 Million Bugatti

There aren’t many Bugatti car leasing customers around. And it’s hardly surprising, given their value…
A 1937 Bugatti Type 37SC Atalante Coupe sold for $7.92 million at a USA auction recently. That makes it the highest price ever paid for a vehicle in North America.

August 20, 2008 at 4:50 pm | Bugatti | No comment

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