Volkswagen Phaeton (2002)Charles from Port Chester, New York, CC BY 2.0, via Wikimedia Commons

Volkswagen Phaeton W12

2002 — Germany

Luxury CarSedanGermanV12 Engine4WD / AWDUnder $50k ClassicsNaturally Aspirated Legends
Engine5,998 cc W12
Power450 hp
Torque413 lb-ft
Transmission5-speed automatic (ZF 5HP24A)
DrivetrainAWD
Body StyleSedan
Weight5,121 lbs
0–60 mph5.8 sec
Top Speed155 mph
Production84,235 units
Original MSRP$100,255
BrakesDisc (ventilated, 360mm) / Disc (ventilated, 335mm)
SuspensionIndependent, double wishbone, air springs / Independent, multi-link, air springs

Volkswagen Phaeton W12

The Volkswagen Phaeton was the passion project of Ferdinand Piëch, VW's chairman, who demanded that his engineers build a Volkswagen capable of cruising at 300 km/h all day in 50°C exterior heat while maintaining an interior temperature of 22°C. This extraordinary engineering brief resulted in what may be the most over-engineered car ever produced for its market segment. The range-topping W12 model featured VW's unique W-configuration 12-cylinder engine — essentially two narrow-angle VR6 engines joined at 72 degrees — producing 450 horsepower and driving all four wheels through a standard Torsen-based 4MOTION system. The Phaeton was assembled by hand in VW's spectacular Gläserne Manufaktur (Transparent Factory) in Dresden, a glass-walled architectural masterpiece where customers could watch their cars being built. The interior rivaled anything from Bentley (which shared the same D1 platform), with double-insulated glass, 11 electric motors just for the climate control system, and materials of exceptional quality. Despite these extraordinary qualities, the Phaeton was a commercial failure in most markets because buyers simply couldn't reconcile the VW badge with a six-figure price tag. Today, depreciated Phaetons offer astonishing value — and correspondingly terrifying maintenance costs.

$8,000 – $30,000

Extreme depreciation makes purchase affordable but maintenance is ruinous. The W12 engine is complex and expensive to service. Air suspension failures are common and costly. The 18-way adjustable seats have numerous electric motors that can fail. Only buy with full VW dealer service history. Budget at least 50% of purchase price annually for maintenance.

84,235 units were produced across the Phaeton's 14-year production run. The car was hand-assembled at the Transparent Factory in Dresden. VW reportedly lost money on every Phaeton sold.