'Drowned' Bugatti sells for ￡228k
 

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This Bugatti Type 22 has been sold at auction for ￡228,000 - despitespending the last 70 years under the surface of Lake Maggiore innorthern Italy.

The car, which had a 30bhp 1.5-litrefour-cylinder engine and an advanced multi-valve cylinder head, wasfirst registered in 1925 in Paris, before being unofficially importedto Switzerland by a young architect.


With the Swiss governmentdemanding import duty and the then out-dated car being all butworthless, the cheapest solution was for the car to be pushed into thelake.

Local divers discovered the wreck in the 1960s, 53 metres below the surface and embalmed in mud.

Lastyear, a salvage team recovered the Bugatti, revealing one side in muchbetter condition than the other as the lake’s mud had helped topreserve it.

The Bugatti was then auction in the RetromobileAuction, fetching ￡228,000 - ￡160,000 more than the highest estimate.The winning bidder plans to display the car in its current condition.

http://www.autocar.co.uk/News/NewsAr...llCars/246874/

Cool story bro...



Seriously this time though.

^ Why would you pay that much for such a wreck? That is way beyond repair. I'm sure you can find one in better condition in some guy's barn.

.

Its......what can you say......art.........(at least to the guy who bought it)

wat a steal

LOL i thought it was the Veyron that went for a swim

^ +1

Thought it was this car as well.

http://fancytuning.com/wp-content/up...lake-crash.jpg

^noooo!!!
Posted via RS Mobile

when I read the post i thought it was the recent veyron that went for a swim

too much money to spend

WTF why would anyone buy this
Posted via RS Mobile

Hmmm I wonder if the auction winner intends to keep it as is. Perhaps, he/she bought it to be restored?

too much money, no where to spend

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i thought maybe bugatti bought it when i saw it was an old one


but yeah at first i thought it was the new one too

Don't you people read? It's been stated twice now:

........

:fuuuuu:

thought so too

Nothing there that a little bit of this won't fix.

http://www.autotrucktoys.com/300/images/moparpaint3.jpg