I can sum up my ownership experience of a 2004 Launch Edition Volkswagen Phaeton W12 exactly the way my friends describe their boats: my two best days were the day I bought it and the day I sold it. That said, the experience was bittersweet, mostly because I had a pretty good handle on the backstory of the car.
The 2011 Volkswagen Phaeton continues to be one of the most over-engineered, understated ways to hit 186 MPH. Perfect for Chinese businessmen who don't want American peasants to realize who their real masters are.
Legend speaks of the return of the Volkswagen Phaeton, a.k.a 'Piech's Pholly,' a.k.a. the VW sedan so mind-blowingly expensive, Americans wouldn't wrap their wallets around it. To combat the problem, Volkswagen has now made a version even more expensive.