VIDEO: Koenigsegg Agera R crashed in China

Someone has binned a very expensive car, again.

Happening only a month since a LaFerrari was totalled in Budapest, a Koenigsegg Agera R has careered in to a road barrier on the streets Chongqing, China.

And like before, the cringing impact has been captured on video.

Footage reveals the Agera R loses control in an instant, however, whether that’s because the driver couldn’t tame 850kW worth of ‘Egg or couldn’t successfully dodge a taxi in time isn’t clear, as it doesn’t show the crucial moments before the spin.

What’s more certain is the extensive damage accrued, as reports reveal the car lost its left rear wheel and entire front bumper assembly. And with a brand new Agera R commanding a price of US $4.2m, the repairs should lighten the owner’s wallet considerably.

The driver, who reportedly does not own the car, escaped serious harm, and thankfully no bystanders were involved in the crash.