Bugatti Chiron Will Reportedly Run $2.5 Million

2009 Bugatti Veyron Grandsport (Credit: © Bugatti)

The Chiron is the next big thing in the hypercar world, as it will replace the legendary Bugatti Veyron sometime in 2016. Leading up to its Geneva reveal in 2016, the VW auto group has been showing off the new model to super-rich folks around the world in hopes of generating even more interest.

Until today, Bugatti has managed to keep a lid on the price of the upcoming Chiron, but a new report from CAR Magazine claims that it will see a massive hike when compared to the outgoing Veyron. According to the report, the Chiron will ring in at an eye-watering €2.2 million ($2.48 million). That’s an €883,000 ($995,500) increase over the Veyron.

So, what will the Chiron deliver that makes it worth this insane amount of money? Well, it will hit collectors’ garages with a W-16 engine, per reports, that puts out more than 1,500 PS (1,479 horsepower) and 1,106 pound-feet of twist. This should help the new hypercar hit 100 km/h (62 mph) in just over two seconds and top out just shy of 290 mph.

According to rumors, Bugatti will produce 500 Chirons, besting the Veyron’s production by 50 units. While you may think that the huge price tag will deter buyer, you can think again, as there have already been preorders in the double digits.

In terms of styling, reports indicate that the Chiron will retain a lot of the legendary lines of the Veyron. The big change will likely be more muscular angles and less of a rolling-jellybean look.

For now, all we can do is speculate, but it shouldn’t be too long before more concrete details start emerging about the newest Bugatti. Stay tuned for more details.