What is a BMW 507 worth?
What is a BMW 507 worth?
The BMW 507 Roadster is one of the rarest and most valuable BMWs ever made. Only 253 examples were sold because a starting price of $9,000 in the late 1950s proved too expensive for most buyers. This example will be auctioned off soon and is expected to sell for between $1.9 million and $2.3 million.
How many BMW 507 are left?
There are still six days left in the auction. Designed by Albrecht von Goertz, the BMW 507 is considered by many to be the prettiest car ever made—and with only 202 cars still known to exist—one of the rarest.
Did Elvis own a BMW 507?
In 1958, while stationed in the U.S. Army in Hesse, West Germany, Elvis Presley acquired a Feather White BMW 507 roadster.
How much did Elvis 507 sell for?
Soon after, a Chrysler dealer in New York advertised the roadster as the “Elvis Car” and sold the BMW 507 for 3,500 USD to Tommy Charles, a Radio DJ and hot-rod hobbyist.
What is a 1957 507 roadster worth?
A 1957 BMW 507 Roadster sold for more than $5 million at the recent Bonham auction at the 2018 Goodwood Festival of Speed. The final price not only doubled the car’s pre-auction estimate — it was expected to fetch around $2.5 million — it also blew past the highest price ever paid for a BMW 507 by more than $2 million.
What is a BMW 507?
The BMW 507 is a roadster that was produced by BMW from 1956 until 1959. Initially intended to be exported to the United States at a rate of thousands per year, it ended up being too expensive, resulting in a total production figure of 252 cars and heavy financial losses for BMW.
Who owns a BMW 507?
Surtees owned his 507 until his death. Soon after, in July 2018, the Surtees car sold for £3,809,500 plus commission, the equivalent of US$5 million, the highest ever paid for a 507. On 1 December 2018, a 507 owned by BMW 507 and 503 designer Albrecht von Goertz was sold for £2,367,000 plus commission, also at Bonhams.
What year did BMW make the 507?
BMW produced only about 250 of its 507 roadsters between 1956 and 1959 due to poor sales. Today, BMW’s 507 roadsters are highly sought-after collectors’ items that can sell for millions of dollars apiece.
How many BMW z8 were built?
5,703 Z8s
How many BMW Z8s were made? BMW made a reasonable number of Z8s, which shows just how desirable the car was and is. Globally, 5,703 Z8s were made, with 2,543 units for the American market. Only 555 Alpina Roadster V8s were produced, 450 of which made it to the States.
How much did Elvis BMW sell for?
Sadly Mr. Castor didn’t live to see the finished result as he passed away at the end of 2014. When Elvis returned to the states in 1960 he sold the car for $4,500. The new owner replaced the original 3.2-liter BMW V8 with that of a Chevy.
How much is a 1957 BMW roadster?
What year did BMW come out with the BMW 507?
Predestined to be the economical choice against the highly regarded Mercedes-Benz 300SL, the BMW 507 roadster made its American debut at the Waldorf-Astoria Hotel in New York City in the summer of 1955.