230-mph supercar ruled unsafe for kids
Regulators block the sale of the $1.2 million vehicle in the U.S.
This post comes from Des Toups at partner site CarInsurance.com.
Scratch the exotic Pagani Huayra supercar from your shopping list. The $1.2 million two-seater cannot be sold in the U.S., safety regulators have decided.
The reason: Airbags in the 230-mph car are not safe for small children.
The National Highway Traffic Safety Administration announced last week that it would not grant a waiver to the Italian company, which had hoped to sell five cars in the U.S. next year. The agency in the past had routinely granted waivers for small-volume manufacturers such as Lamborghini; earlier this year it announced it would stop doing so.
The rule in question requires "advanced" airbags that tailor their deployment to the weight of the passenger, preventing airbag-inflicted injuries to smaller adults and children. Pagani said in its February appeal that upgrading the Huayra's airbags would cost about $5.6 million. Post continues after video.
For the curious: With 20% down and a five-year loan at 5%, monthly payments on a Huayra would run about $18,141, though with annual mileage estimated at 2,500 we're sure that attractive low-mileage lease offers on this 700-horsepower machine are available. (How much car can you afford? See MSN Money's calculator.)
And though you'd have a hard time getting insurance coverage through a traditional insurer, specialists would charge about $20,000 to $22,000 a year for a daily-driven vehicle. (See "How do you insure a $1.2 million supercar?")
Just don't ask for the airbag discount.
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