2006 Bugatti Veyron
  
"The Veyron may be the ultimate exotic sports/GT car.  I'ts a 1,001-horsepower, $1.2 million super sports car that can reach a top speed of 252 mph in refined elegance. The 16-cylinder Veyron crushes many traditional automotive standards and receives its North American production premiere in Los Angeles."
  
The one extra horsepower above 1000 means that legally (in some countries) the Veyron is no longer considered a car but is instead classified as heavy construction equipment and is therefore exempt from luxury and sales taxes.
 
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