You Could Buy Another Nice Car for the Annual Cost
Anyone buying a Bugatti Chiron Sport “110 Ans” likely has more than enough money to pay for insurance for the hypercar. However, they might not have realized that it would cost $50,000 a year. Yep, that’s how much it insurance costs for the special edition Chiron Sport. According to ValuePenguin, the annual insurance estimate for the car rests at $50,000.
To be fair, the Bugatti Chiron Sport “110 Ans” is an expensive car. The MSRP is over $3.2 million, and some dealers are charging even more than that. According to Carscoops, one dealer in Munich, Germany has the price for a build slot set at $4.5 million.
If you’re dropping that kind of money on a new Bugatti, then the $50,000 in insurance costs per year probably don’t worry you that much. However, if you’re not used to dropping millions of dollars on a car, then the $50,000 a year sounds completely ludicrous.
The insurance was calculated using a 30-year-old male living in New York City who wants full coverage on the vehicle. There’s room to reason that the $50,000 annual cost could be dropped depending on the location and information of the person. With that said, it’s probably not going to bring the cost down too much. If you had your eye set on the new Bugatti, hopefully, you’ll be able to pay your insurance.