Man Trades In $1.6 Million Bugatti Veyron For Corvette ZR1, Doesn't Look Back

A Texas Chevy dealer just accepted the trade-in of a red-on-black $1.6 million Bugatti Veyron for a $100,000 Corvette ZR1. We knew the fiercest of all 'Vettes was a world-beater, but this is ridiculous! Exclusive photos, details below. UPDATE!

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All American Chevrolet of Midland, Texas just made the mother-of-all-trades when it accepted a Euro-bombing 2008 Bugatti Veyron with just 2,307 miles for an unabashedly American Corvette ZR1 and some cash. Since a new Veyron lists for about $1.6 million and a used one still costs in the range of $1.4 to $3.6 million depending on condition, trim, and rarity, the dealership told us they wouldn't accept the trade-in until they lined up a buyer, which they did. A new Corvette ZR1, by comparison, starts at around $107,000.

And while the Corvette ZR1 only does 0-to-60 MPH in 3.3 seconds with a top speed of 205 MPH, compared to a 253 MPH top speed and 2.4-second 0-to-60 time, it doesn't cost more to run the ZR1 than to operate a private jet. Chalk that up in the win column because it certainly does with the Bugatti. Also, the Bugatti doesn't have the righteousness of an American-built supercar.

UPDATE: The Bugatti traded in belonged to Carlton Beal, Jr., who runs a petroleum company in Midland Texas. He's previously owned a Lamborghini Diablo and McLaren F1 but, despite this, a friend of his describes him as an "amazing down-to-earth person." We'd imagine if you've sampled a Veyron, Diablo and F1 you'd be interested in also trying an American-made car that can compete with them.

[All American Chevrolet Midland]