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Bargain Bug: Federalized Bugatti EB110 Going to the Auction Block

1993 Bugatti EB110 GT

Before the Chiron or the Veyron, there was the EB110. The Bugatti supercar was unveiled in 1991 and produced through 1994. Powered by a quad-turbocharged 3.5-liter V-12 engine, the all-wheel-drive EB110 produced an eyebrow-raising (for the time) 560 horsepower and utilized a state-of-the-art carbon-fiber chassis. Paired with a six-speed manual transmission, the mid-mounted V-12 engine was able to wail well past 8000 revs before the tachometer needle tapped the redline.

Fewer than 150 EB110 supercars were built before the company went out of business. August Nuechter found out the hard way that the company was in financial ruin when he took this EB110 to the factory for service in September 1995. Instead of being met by smiling factory workers, he was greeted by the frowns of employees who had been informed that the company was declaring bankruptcy.

In spite of a lack of factory support, Nuechter held on to his EB110, putting 2821 miles on the car throughout more than two decades of ownership. Nuechter even brought the black EB110 with him when he moved to America. The car was certified for U.S. road use in August 2005.

Set to go up for auction at RM Sotheby’s Phoenix, Arizona, auction in January, this rare EB110 is projected to sell for $ 750,000 to $ 950,000. Expensive in the grand scheme of car buying, but in the world of Bugattis this EB110 is practically a steal. Consider that a new Chiron will set you back more than $ 2.5 million, while a classic 1932 Bugatti Type 55 roadster recently sold for more than $ 10 million at auction. If you’ve always wanted a Bugatti, this federalized EB110 may be one of the least expensive ways to put one in your garage.

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