This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

The $2 Million Sports Car: Big Spender

Stocks in this article: F VLKAY.PK

BOSTON ( TheStreet) -- A far cry from the clunkers many people cashed in on, a new wave of luxury cars, with price tags north of $1 million, are hitting the streets.

Originally priced at $1 million, Bugatti, a subsidiary of Volkswagen (VLKAY.PK), has raised the price of its flagship Veyron by $500,000. If that isn't steep enough for your tastes, the Veyron 16.4 Grand Sport offers a 16-cylinder, 1,001-horsepower ride for $2.2 million. The Sang Bleu, as the car is alternately called, was produced as part of Bugatti's 100th anniversary.

A computer rendering of the Natalia SLS 2 sport-luxury sedan.

The Aston Martin One-77, which gets part of its name from the fact that only 77 will be built, sports a 7.3-liter V-12 engine, a top speed over 200 miles per hour and a 0 to 60 mph time of 3.5 seconds. Though Aston Martin has been somewhat elusive with setting a specific price, industry estimates put it at $1.7 million.

Hoping to break into this high-rolling marketplace, DiMora Motorcar is crafting the Natalia SLS 2, a hand-built, 16-cylinder, $2 million luxury sedan.

The prototype, currently under construction, will be crammed with features one might expect from a James Bond movie or an old episode of "Knight Rider."

A V16 engine will produce 1,200 horsepower. Clemson University's International Center for Automotive Research is collaborating with the Palm Springs, Calif.-based company to design an automotive suspension system that can handle speeds in excess of 240 mph.

An optional thermo-chromatic paint job will provide a chameleon-like ability to "change from black or blue when it's cool outside, to white when it's hot." The car's interior can be kept either cool or warm for hours, even with the engine off. Beverage holders will heat or cool drinks. To accommodate the handicapped, the front passenger seat can slide to the right, rotate 90 degrees and lower someone to the ground.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs