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Video: Barrett-Jackson buyer reneges on $700,000 Bugatti Veyron purchase

It’s not very often you see a Bugatti Veyron going up for auction…especially at Barrett-Jackson. Perhaps better known for their muscle cars and classics, the occasional late-model sportscar will sometimes pop up, but we can’t ever remember a Veyron crossing the block. Well, on Saturday night, a 2008 Bugatti Veyron with 11,800 miles on the clock did indeed cross the block at B-J…but things didn’t go quite as planned.

The one-time fastest production car on the planet (it’s been trumped by Bugatti’s own Super Sport) might have sold for over $1.8 million new, but was struggling to break the 1 mil mark in Vegas. Heck, it barely got to $700,000. Now, that’s still a lot of money for a car, but it should have brought much more – we’ve never heard of a non-wrecked example going for anywhere near that little. In the end, the Bug went to a guy seated near the stage who outbid a couple of phone bidders – but that’s when it got weird.

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