Equipment
1496/60hp, 4-speed, disc wheels, woodrim steering wheel. Sale includes spare enclosed bodywork by Million-Guiet.
Condition
#3 Good
Runs and drives well. Flaws not noticeable to passersby. Most common condition.
Sold new in France with closed coachwork. Unknown history until 1970 fitted with the Million-Guiet coupe body, and fitted with the current and desirable Grand Sport bodywork in 2005. Represented as matching numbers drivetrain. Driven regularly by Ettore Bugatti's granddaughter (and daughter-in-law of the car's then-owner) Caroline Bugatti from 2005-22. Good paint with some cracks here and there. Straight chassis and clean mechanicals. Engine overhaul within the past year. Clean wheels with newish tires. Aged leather and a replacement dashboard. An older restoration with a few rebodies and some gaps in its history, but an attractive and usable car.
Market commentary
Introduced in 1926 to replace the Brescia as Bugatti's small car, the Type 40 combined a modified version of the Type 37 race car's engine with three valves per cylinder. Nearly 800 were built with various body styles. But even though this is a small car with a small engine and unexceptional history, it's still a Bugatti and that unsurprisingly translates to a price deep into six figures.