When people think of the Bugatti, they envision one of the top luxury cars on earth. A Bugatti, no matter how old, can fetch big bucks, even if it has spent 73 years at the bottom of a lake!
Yes, a Bugatti Type 22, built in 1925 has spent 73 years submerged as a sort of luxury submarine. That means it only spent a mere 11-12 years or so on land before meeting its watery demise at the bottom of a Swiss lake.
Now for the shocker: this particular Bugatti has fetched $370,000 while under the hammer at an auction in Paris this year!
The selling price is certainly amazing, because for far less one could purchase a brand new Lamborghini, Ferrari or similar exotic or luxury rental car. It makes sense that the buyer was willing to shell out so much for this murky wonder when you consider that the proceeds will benefit the diving club that recovered the Bugatti, benefiting a charity preventing youth violence.
The Type 22 Roadster Bugatti Brescia will be displayed in its current condition, as only 20% of it ended up being salvageable.
According to the saga, the Bugatti was taken to Switzerland in the 1920s or 1930s by a French owner. The import duties and taxes were not paid and the owner abandoned the luxury car. The car was 10 or 11 years old, and not worth as much as the money owed, and a customs official was legally obliged to destroy it. So, the official was officially fed up, and pushed it into the lake.
I wonder how painful it must have been for said official to drown a luxury legend. Of course, after this incident, the sunken Bugatti became local legend and part of folklore. This makes perfect sense, as the 1925 Bugatti Type 22 was an extremely lightweight luxury car, with a 1.5-liter engine capable of reaching 100 miles per hour, on just 4 cylinders!
Post by Imagine Lifestyles Luxury Rentals