Morgan was seen on video raging after his brand-new Bugatti crashed into Jocelyn Madulid's Honda SUV.
“B****, get out the car!” he screamed, banging on the 61-year-old's window. "Just bought it," he added to witnesses.
Madulid told Inside Edition she was terrified by the furious comedian.
"I was just traumatized," she said.
She added: "I was scared."
Morgan had just bought the car, which cost $2 million, about a half-hour earlier.
The exotic vehicle is one of the fastest in the world. It accelerates from 0 to 60 mph in 2.6 seconds and reaches a top speed of 255 mph.
Fixing the car won't be cheap, said Obi Okeke, who goes by the name Doctor Bugatti.
A typical oil change costs $25,000, while changing a tire is nearly $40,000.
As for insurance? Expect to pay upward of $4,000 a month.
Madulid showed Inside Edition her car, which had only a few minor scratches on the rim.
Police took an accident report from Morgan. Both drivers are saying it's the other's fault.
Madulid has a message for him. "I'm so sorry it happened to us," she said.