Bugatti debuts the most expensive new car ever

If you're in the market for a luxury vehicle, Bugatti has one for the eye-watering price of £10m before taxes. The French sports car company debuted the La Voiture Noire at the Geneva International Motor Show in Switzerland.

The one of a kind car was made in honour of Bugatti's 110th anniversary. The souped up ride features 1149 hp quad-turbocharged W-16 engine, six tailpipes in back and a carbon fibre body.

The shape of the car is also a homage to the classic Bugatti Type 57 SC Atlantic, and with that £10m plus price, it's the most expensive new car ever!

If you still think you can afford this multi-million dollar vehicle, unfortunately it's already off the market.

The company described the anonymous buyer as a Bugatti enthusiast who snatched it up for a about £15m after taxes and fees.

CNBC reports industry officials think it could be Ferdinand Piech, the former Chairman of Volkswagen Group, which is parent company of Bugatti.