Mighty Bugatti EB110 GT Is Offered For Sale

There are a few cars that weren’t so appreciated by journos and, for that matter, by the general public, back in the early-to-mid 1990s.

While the Ferrari F50, for instance, was called out due to its hardcore, tough approach (which ironically is a desired trait in most modern track-day supercar), the Bugatti EB110 was disregarded altogether thanks to the appearance of the McLaren F1.

As the British three-seater supercar developed a cult of fan-boys and achieved a legendary status, the reborn, quad-turbo Italian gentlemen has slowly been forgotten in in the depths of time, along with various mediocre constructions – a faith which it didn’t deserve, as the car was utterly and completely bonkers.

Still, with the Volkswagen-revitalized Bugatti name and the brand making a new name for itself, the EB110 underdog has recently been rediscovered. Moreover, now the Buggati is being considered a masterpiece that was ahead of its time, and these new compliments reflect in the car’s prices.

As a matter of fact, a 1992 Bugatti EB110 GT Coupe, with 830 km on the clock, was priced in 2012 by Bonhams at roughly €200,000 – €240,000 ($225,416 – $270,720 at the current exchange rates), as opposed to the car pictured here which is offered for sale in Ottawa for $1,800,000. Now that’s what I call an investment.

So, what do you get for almost $2 million? Well, a 553 hp, quad-turbo, 60-valve, 3.5-litre V12 Bugatti EB110, with 60,000 km on the clock, capable of accelerating from 0-100 km/h (62 mph) in 3.2 seconds and reaching a 348 km/h (216 mph) top speed. Informally, only 95 of these brutes were built – although an exact number isn’t known – which makes it a pretty sweet deal, right?

Well, knowing that a yellow, more powerful and rarer SS variant was recently sold for $953,438 at an auction, kind of makes this one a little…glorified. Don’t get me wrong, it’s still a top-notch machine, but c’mon, the prices aren’t there yet. They will be, eventually, but the owner’s excuse for the steep price appears to be the model’s current limited availability – as there are apparently only two for sale right now in the world, according to him/her.

What do you guys think? Does the car come at a fair price for its potential?