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The Bugatti Veyron is both the fastest and the most expensive car in the world. Whether or not Bugatti holds the top spot for long remains to be seen, but now that they've broken both of these records, there's sure to be some competition between themselves and other luxury and performance car makers.

aving designed an engine and gearbox that could take them to their planned top speed Bugatti needed to make sure the Veyron had suitable brakes and tyres to cope with extraordinary forces it could produce. Michelin produced the run-flat road tyres capable of surviving the 253 mph top speed, whilst silicon carbide reinforced carbon brakes and a huge rear spoiler, which acts as an airbrake above 124 mph, ensured that the Veyron could reach a standstill from 249 mph in just 10 seconds.
2011-2012 The Bugatti Veyron 16.4

Not only is it the most expensive car, but it is also the fastest production car on the road today. Its 1001 HP engine pushes it to its top speed of over 250 mph, which is faster than the 240 mph of the previous holder of the top spot - the McLaran F1.

Inside the Veyron it is easy to see why this supercar weighs over 1.8 tons. It contains all the refinement you would expect in a luxury saloon, including exquisite leather trim for the seats and surrounds and bespoke aluminium controls for the car lights and sound system. The owner also a receives a special top speed key, which retracts the rear spoiler, closes the front air vents and lowers the ride height to 6.5 cm in preparation for a high speed run.
Inside the 2011 Bugatti Veyron 16.4

The car is all-wheel-drive (AWD) and operates like an F-1 car in terms of the 7-speed automated manual gearbox. Sitting in this car and pressing on the accelerator may be enough to cause serious injury unless you're properly secured. The Veyron is nothing to be played with.

So now, if you take into account all of the above costs and add in the costs for insurance (I shudder at the thought) and fuel, your annual costs for owning this beast of a machine start to near the $300,000 mark. That is a lot of money.

Perhaps, you have a car dealer nearby and feel you can afford the above costs for the Bugatti Veyron because you like to travel in style. This is why we've compared it to costs for a private jet, I mean, what's more comfortable than travelling in a private jet?

The engine in the vehicle produces 746 kilo watts of power and a massive 920 lb ft of torque. The maximum speed of the vehicle is about 400 kilo meters per hour, and the most fascinating part of the story is that the Bugatti Veyron is capable of reaching the speed of 200 kilo meters per hour in just 7.3 seconds.