Tracy Morgan's Bugatti Crash Was Instant $200k Loss for the Comedian

Home / News / Tracy Morgan's Bugatti Crash Was Instant $200k Loss for the Comedian

By TheBlast Staff on June 7, 2019 at 10:19 AM EDT

Tracy Morgan's luxury fender bender in NYC is going to cost the star -- at least -- a whopping $200,000 even though the damage to his car appears to be minimal.

Sources familiar with the situation tell The Blast, regardless of the minimal amount of damage the "30 Rock" star's Bugatti Veyron, and even if he is not at fault, the net worth of the luxury vehicle will drop a shocking $200,000 due to the new stain on the vehicle's history.

We're told because Tracey was treated on scene by an ambulance, even though he ended up not being transported for injuries, an incident report must be taken and will now show up on the vehicle's Carfax report as an official accident.

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As we reported, Morgan went into a rage after getting into the wreck minutes after purchasing the car, and a video surfaced showing the him banging on a woman’s car while screaming at her to get out of the vehicle.

“Bitch, get out the car!” Morgan could be heard demanding while banging on the passenger’s side door of the Honda CRV. The driver of the other car later told reporters she was too scared to get out and have a confrontation with Morgan.

We're told if the driver of the Honda is found at fault, her insurance will cover a portion of the damage, but the value of the car is way outside of the limits of most commercial insurance plans. Even if Morgan wants to go through his own insurance, sources in the industry tell us he will get a lot of pushback because of the high price.

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Our industry sources say Morgan may end up paying upwards of $50,000 out of pocket for the repairs, especially because the Bugatti is not a vehicle that can be fixed up at any regular bodyshop.

The other option Morgan will have is unloading the car on a new buyer, but we're told even a Bugatti collector will want a steep discount due to the accident history.

Morgan purchased the 2012 Bugatti Veyron from a dealership in NYC for $2 million, but we are told the same car has recently been sold by other dealers for as low as $1,650,000, which means the comedian will be faced with a bigger depreciation than what most people experience when they drive their car off the lot.

Instead of calling a repair shop, it may be time to call Jacoby & Meyers.

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