The Vector W8 is really a supercar with record-breaking performance, but why was in addition, it considered being among the most expensive car failures in automotive history? In the event that you haven’t heard about American automaker Vector, then you’re likely not by yourself. In comparison to established supercar makers like Lamborghini and Ferrari, Vector was an unknown newcomer when it had been established in 1971 (via Motor1). However, its goal of rivaling its better-known Italian counterparts because the first American supercar was nothing lacking monumental. It took seven years before Vector finally arrived using its first working supercar concept, the W2.
Even though W2’s wild styling garnered massive attention from the media, it wasn’t exactly prepared to be sold to the general public market at this time. That came over ten years later, when it debuted the initial prototypes of its W8 supercar in 1989. Despite competing with the legendaryLamborghini Countach, there have been still big expectations from Vector’s first production model. It was included with luxurious amenities not found from its competitors, such as for example frontal air-bags, heated leather seats and a 10-disc CD changer (via Autoevolution). Considering that it offered such premium comforts at the same time when supercars didn’t routinely have any, some may be wondering: what went gone wrong?
Probably the most expensive car fail in the making
Vector had high hopes because of its supercar to outclass your competition, and also bigger promises to go with those expectations. Powered by way of a twin-turbo 6.0-liter Chevy small-block V8 engine, in a chassis that’s modeled following a jet fighter, believe it or not, the W8 was primed and prepared to do that. The business claimed its W8 supercar produced 1,200 horsepower, having an alleged top speed of 242 mph, which would’ve managed to get the fastest production car of this era. The truth is, Vector used every greatest part so that they can become more advanced than other supercar makers, in accordance with Hagerty. Needless to say, that came at a cost: it retailed for nearly $300,000, which climbed to $450,000 by 1992 (via Hagerty).
Being among the most famous W8 owners was tennis star Andre Agassi, whose feedback of the automobile was definitely not something Vector wanted everyone to listen to. Hagerty also reported that Agassi demanded a refund after claiming heat from the car’s exhaust melted the trunk carpet, even going as far as to calling the W8 a “death trap.” That wasn’t the only real negative publicity Vector received. Two W8 Turbos test driven by Car and Driver ended in failure.
Was Vector’s expensive car failure doomed right away?
Sure, the W8 undoubtedly are expensive of money to create, but it appears like Vector had been fighting financing its business. According company accountants, Vector founder Jerry Wiegert didn’t account financially for problems with the vehicles (viaLA Times).
Within an interview with Hagerty’s Preston Lerner, Wiegert explained that their own board of directors conspired with “Indonesian gangsters,” essentially putting him out of business. Following a massive car failure this is the W8, Vector continued to create its successor, the M12. However, that became another money pit, using its Indonesian investors laying its production to rest aswell (via Motor Authority). While its development costs and failure to meet up expectations managed to get one of the primary car flops ever, the W8 still showed how supercars might have performance, luxury, and safety. It’s too bad the planet wasn’t ready.