The high price is enough to purchase two of the real cars, which are owned by celebrities including Simon Cowell.
The very limited edition models - only three will be made - are the creation of the Liverpool-based designer Stuart Hughes and the Swiss luxury model car maker Robert Gulpen.
It comes with working doors, bonnet and, reportedly, steering. Under the bonnet will be a tiny version of the 16-cylinder 'W' engine, which drives the real car to almost 254mph.
The model is called the Bugatti Veyron Diamond Ltd Edition.
The full-size version is named after Pierre Veyron, the French Le Mans winner, who drove for Bugatti.
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