How Much Does It Really Cost To Own A Bugatti!?

Summary

In this video, the host shares insights into the hefty maintenance costs of owning multiple Bugatti cars. He details expenses such as a $25,000 annual oil and fluid change, $38,000 for tires every few years, and $50,000 for rims every 10,000 miles. The total maintenance cost for the first 10,000 miles can reach $100,000. Despite these high costs, the host expresses his love for driving his Bugattis and discusses his experience taking one to a service center. He also shares his passion for mentorship and giving back to the community.

Takeaways

• 💰 The upfront cost of a Bugatti Veyron ranges from 2 to 3 million dollars, with some models exceeding 3 million.
• 🛠 The annual maintenance cost for a Bugatti Veyron is significant, with oil changes and fluid changes alone costing around $25,000 due to the car's 16 different drain plugs.
• 🔧 Bugatti technicians must perform extensive work to access the drain plugs, including removing rear wheels, brakes, and linings.
• 🏁 The car's floor mats need to be replaced every year to ensure the car remains in optimum condition for high-speed driving.
• 💡 The cost of replacing the tires is $38,000, and Bugatti recommends doing so every two to three years.
• 🛣 Every 10,000 miles, the rims are recommended to be replaced, adding another $50,000 to the maintenance cost.
• 📝 The total maintenance cost for the first 10,000 miles on a new Bugatti Veyron can reach approximately $100,000.
• 🚗 The owner has more than one Bugatti, including a Bugatti Veyron, a Bugatti Sheeran, and a unique Hermes Edition.
• 💡 The owner mentions that the tires and wheels on the Bugatti Sheeran were replaced at a lower cost of $2,000.
• 🤔 The owner contemplates whether owning three Bugattis is necessary, considering the high maintenance costs and the value of the money spent.
• 🏁 The video concludes with the owner taking one of his Bugattis for an oil change at the service department.

Q & A

What is the main topic of the video?

The main topic of the video is the cost of maintaining a Bugatti Veyron, including oil changes, fluid changes, tires, and rims.

How much does an oil change and fluid change for a Bugatti Veyron cost?

An oil change and fluid change for a Bugatti Veyron costs about $25,000.

Why is the cost of an oil change for a Bugatti Veyron so high?

The high cost is due to the car having 16 different drain plugs that are not easily accessible, requiring extensive work by technicians to replace all fluids.

What is the cost of replacing the tires on a Bugatti Veyron?

The cost of replacing the tires on a Bugatti Veyron is $38,000, and they are recommended to be replaced every two to three years.

How often should the rims of a Bugatti Veyron be replaced?

The rims of a Bugatti Veyron should be replaced every 10,000 miles.

What is the estimated cost of maintaining a new Bugatti Veyron for the first 10,000 miles?

The estimated cost for the first 10,000 miles of maintenance on a new Bugatti Veyron is around $100,000.

How many Bugattis does the speaker own?

The speaker owns more than one Bugatti, including a Bugatti Veyron, a Bugatti Sheeran, and a Bugatti Hermes Edition.

What is special about the Bugatti Veyron mentioned as 'one of the legend series'?

The Bugatti Veyron mentioned as 'one of the legend series' is special because it has 1200 horsepower and is one of only three made.

What is the speaker's view on selling one of his Bugattis?

The speaker is hesitant to sell any of his Bugattis due to their uniqueness and sentimental value, but he acknowledges the high cost of maintenance.

What is the cost of the tires for the Bugatti Sheeran mentioned in the video?

The cost of the tires for the Bugatti Sheeran was only $2,000, which is significantly less than the cost for the Veyron's tires.

What philanthropic efforts does the speaker mention in the video?

The speaker mentions pledging a million dollars to the Autism Center at Rock Foundation and his passion for mentorship through his Millionaire Mentorship program.

Outlines

00:00

💰 The High Costs of Owning a Bugatti Veyron

The script discusses the significant expenses associated with maintaining a Bugatti Veyron. It starts with the upfront cost of the car, which ranges from 2 to 3 million dollars, but emphasizes the ongoing costs such as a $25,000 annual oil and fluid change due to the car's 16 different drain plugs. The tires, which cost $38,000, are recommended to be replaced every two to three years, and the rims, which need to be replaced every 10,000 miles, cost an additional $50,000. The total cost for the first 10,000 miles is over $100,000, not including the purchase price. The owner also mentions owning multiple Bugattis, including a Bugatti Sheeran and a unique Hermes Edition, and contemplates whether owning three is necessary given the high maintenance costs.

05:00

🏎️ Driving a Bugatti Veyron to Service

This paragraph details the experience of driving a Bugatti Veyron to the service department, which is conveniently located a few miles from the owner's office. The owner compares the Bugatti to a private jet on wheels and emphasizes the importance of warming up the tires due to the car's 1200 horsepower. The script includes the owner's reflections on the cost of gas, which he humorously notes was more expensive than his dinner, and his plans to ask for Bugatti tires as a Christmas gift. The video ends with the owner returning from the service and enjoying pistachios in his office, reflecting on his success and philanthropic efforts, including a recent million-dollar pledge to the Autism Center at Rock Foundation.

10:01

📚 Introducing the Millionaire Mentorship Program

The final paragraph introduces a mentorship program called 'Many Cashman's Millionaire Mentorship.' The owner shares his belief in the value of mentorship, stating that having a mentor early in his career could have saved him time and money. He offers this program as a resource for others to learn from his experiences and avoid common pitfalls, suggesting that it could be a beneficial tool for those starting out in business or seeking guidance in their entrepreneurial journey.

Keywords

💡Bugatti

Bugatti is a high-end luxury automobile manufacturer known for its high-performance sports cars. In the video's context, it represents the luxurious and expensive vehicles owned by the speaker, which are central to the theme of the video discussing the costs of maintaining such exclusive cars. The script mentions owning multiple Bugattis, emphasizing the significant financial investment involved.

💡Maintenance

Maintenance refers to the process of preserving or restoring an object to a state of good repair. In the script, it is a key concept as it highlights the substantial costs associated with keeping a Bugatti in optimal condition, such as oil changes and fluid changes costing $25,000 annually.

💡Oil Change

An oil change is a routine vehicle maintenance procedure that involves replacing the engine oil and oil filter. The video script uses the term to illustrate the high cost of servicing a Bugatti, where an oil change for a Veyron is stated to be approximately $25,000 due to the complexity of the vehicle's design.

💡Drain Plugs

Drain plugs are devices used to remove fluids from a system, such as oil from a car's engine. The script mentions that a Bugatti has 16 different drain plugs, which contributes to the high cost of an oil change, as each plug requires a labor-intensive process to access and replace.

💡Tires

Tires are the durable coverings on the wheels of a vehicle that provide traction while the vehicle is moving. In the video, the cost of replacing Bugatti tires is highlighted as a significant expense, with a price tag of $38,000 and a recommendation to replace them every few years.

💡Rims

Rims are the outer circular support on which the tires are mounted. The script points out that Bugatti recommends replacing the rims every 10,000 miles, which incurs an additional cost of fifty thousand dollars, emphasizing the ongoing costs of owning a high-performance vehicle.

💡Costa Mesa

Costa Mesa is a city in Orange County, California, mentioned in the script as the location of the Bugatti service department. It is relevant to the video's theme as it provides a geographical context for the service aspect of owning a Bugatti and the convenience of the service center's proximity to the speaker's office.

💡Millionaire Mentorship

Millionaire Mentorship refers to a program or service where successful individuals share their knowledge and experience to guide others towards financial success. In the script, the speaker introduces his mentorship program called 'Many Cashman's Millionaire Mentorship,' positioning himself as a mentor who can help others avoid the pitfalls he encountered on his path to success.

💡Veyron

The Bugatti Veyron is a specific model of the Bugatti car, known for its exceptional speed and luxury. The script uses the Veyron as an example to discuss the high costs of maintenance and the unique features that contribute to its high price, such as the 16 different drain plugs.

💡Roadster

A roadster is a type of open-top car with a sporty and stylish design. The script mentions a 1200 horsepower Bugatti roadster, which is part of a limited 'legend series' and is described as a piece of art, indicating the exclusivity and high value of the vehicle.

💡Hermes Edition

The Hermes Edition refers to a special, limited edition of a product that is associated with the luxury brand Hermes. In the script, the speaker mentions an 'Hermes Edition' Bugatti, which signifies a one-of-a-kind vehicle with a unique design and high prestige.

Highlights

The upfront cost of a Bugatti ranges from 2 to 3 million dollars, with some models exceeding 3 million.

The annual maintenance cost for a Bugatti Veyron includes a $25,000 oil and fluid change.

A Bugatti Veyron has 16 different drain plugs, requiring complex procedures to access and change fluids.

Bugatti recommends replacing the floor mats every year to maintain the car in optimum condition.

Tires for a Bugatti cost $38,000 and should be replaced every two to three years.

Rims need to be replaced every 10,000 miles, costing an additional $50,000.

The total cost for the first 10,000 miles on a new Bugatti Veyron is approximately $100,000.

The owner has more than one Bugatti, including a Bugatti Sheeran and a unique Hermes Edition.

Tires and wheels on the Bugatti Chiron were replaced at a lower cost of $2,000.

The owner contemplates whether owning three Bugattis is necessary, considering the high costs.

Each of the three Bugattis owned has unique features and sentimental value.

The owner is taking one of his Bugattis for an oil change at the Bugatti service center.

The service center is conveniently located near the owner's office.

Driving a Bugatti Veyron is likened to having a private jet on wheels.

The owner humorously mentions the cost of gas for a Bugatti is more than the cost of dinner.

The owner has pledged a million dollars to the Autism Center at Rock Foundation, showing his commitment to giving back.

The owner offers a mentorship program called 'Many Cashman's Millionaire Mentorship'.

Transcripts

so how much does it really cost it

[Music]

[Music]

hi guys so I've shown you a lot by my

two Bugattis the joy rides and all the

acceleration but today I want to tell

you what it costs to maintain these cars

everybody knows the upfront cost of the

car these cars when you're from 2

million to 3 million dollars - Iran is

north of 3 million but the real cost of

aapki is enormous just to put in

perspective the body recommends an oil

change and all fluids to be change once

a year for a Veyron it want to be about

$25,000 what does it cost $25,000 for

oil change and fluid change because a

normal car has one drainage plug this

car comes with 16 different drain plugs

so and guess what they're not easily

access of all the Bugatti technician

remove the rear wheels rear brakes which

are much bigger than front brakes and

then the lining on the fenders and

underneath lining of the car all that to

get access to those 16 joiners plugs all

the floors needs to be replaced every

year because Bugatti wants this car to

be at this optimum condition at all

times assuming the driver is gonna do

250 miles an hour in this car any given

day so it doesn't just stop there now

we've got two tires the tires will set

you back $38,000 and bugatti recommends

them to be replaced every few years two

to three years and then the rams is the

painful part

every 10,000 miles the lodi recommends

replacing the rims and that will set you

back another fifty thousand dollars so

let's add this up twenty five thousand a

year for oil change and fluid change

$38,000 for tires every few years every

ten thousand miles 50 thousands per rims

and you add that up he's about a hundred

thousand dollars for your first ten

thousand miles on a new body and you

know there's a lot of cars you go by

four hundred thousand dollars now the

sad part for me is I got more than one

Bugatti

man straight Bugatti and then I got my

Bugatti Sheeran but I have great news

for you guys

the tires and wheels on the shoe on have

been replaced and they only cost two

thousand dollars for tires so I'm

looking forward to spending less on my

new shoe on so I'm starting to add all

this up and I'm trying to wonder wait a

minute do I really need three Bugattis

there's a lot of money in there's a lot

of used cars I can buy with that money

but nothing like owning and driving a

Bugatti Veyron and to be fair all three

Bugattis are completely different this

is a body man three 1109 horsepower you

know it was my first real carbon-fiber

supercar and so I have a lot of great

memories with it and then this is as you

know 1200 horsepower roadster and one of

the legend series only three made and

again his piece of art and is my fastest

roadster and then there siwon it's gonna

be one of one Hermes Edition so it's

very tough I mean to kind of let go of

any of these three bo-buddies raptors so

one I would probably sell them answer

as I put lots of mileage on it and I'm

almost over any just so happens Mike

Bettes is due for an oil change so we're

gonna take it to the Bugatti service

let's get my drivers loves on well looks

like I'm gonna have to move in another

blue body out of the way

[Music]

this was much louder

all right how am i driving the wolves on

my Bugatti jacket by the way these one

of my favorite jackets keeps me real

warm

all right listen hit the road jack

[Music]

the sun's out it's a beautiful day clear

skies

so the Bugatti gets service at the

service department bye everybody

it's at the Costa Mesa where they do

that McLaren Lamborghini and the Bugatti

little micro nesting and I'm blessed

because the service department is about

two or three miles from my office so

it's a joy right for me

honesty is just like a private jet on

wheels

[Music]

don't forget guys we gotta warm up the

tires

1200 horsepower gets pretty dangerous

when your tires are cold and the roads

are wet

[Music]

Oh

[Music]

my god

this is ridiculous

[Music]

honestly we just such a different feel

than a McLaren p1 in a McLaren p1 is

fast and it suits you sometimes because

it's just

ready to discard

but this he just seems like there is no

edge to the power and I'm Aiman

[Music]

Kevin it should be on everybody's bucket

list

daddy and his ones and just the opponent

all the way

you know feeling you know I wants to hit

Bugatti to dinner in LA and the cost of

gas was more than my dinner

you know my wife's been asking me what I

want for Christmas I think I'm gonna

tell that I set off Bugatti tires

she doesn't even know how much they cost

wait till she gets a voice well it's

Black Friday I hope they have some Black

Friday specials and a Bugatti all change

[Music]

everyone in the showroom love head

Lambos but they turned around we can add

a book on

let's make sure I got everything oh I

don't trust these guys with my business

a shoes all right that was a coolest

free right back from the Bugatti service

in this I you risk Lamborghini and now

I'm gonna go have some pistachios all

right hope you enjoyed this video I'm

back in the office

now I'm gonna finish up my pistachios

and make sure you like and subscribe to

my channel until next video

god bless you more importantly I've been

able to give back to my kids the life

that I never had and my parents for all

their struggles I retired that many

years ago buying my ranch they're living

their dreams and give back to charity

that means a lot to me I recently

pledged a million dollars to the Autism

Center at Rock Foundation I'm super

proud to be able to give back to many

kids and many families so another one of

my passions is mentorship which is why

I'm excited to share with you today a

lot of my success has been through trial

and errors over the past 28 years have I

had a mentor early on I would have saved

a lot of money and lots of time and

avoid a lot of pitfalls so lucky for you

I'm giving you the opportunity to be

mentored by me I created something I

wish I had when I got started we call it

many Cashman's millionaire mentorship