Evaluation: One of just 252 examples built and a desirable Series II car with more interior space.From the Bavarian Legends Collection, delivered new to Casa dell’ Automobili in Rome finished in Dolomite Grey. It is represented as a matching-numbers chassis and engine, verified by BMW. Prominently displayed on a rotating table in front of the auction entrance, this 507 has bright cream paint which is good but not recent.
Close inspection reveals minor touch-ups on the door edges. The exterior trim has slight pitting but the chrome bumpers are more recently done and superb. The wheels have been resprayed in body color. The front grille is well preserved. The engine is smart with minor dust in the corners, showable but not Concours. The dashboard and controls look undisturbed. The seat leather and carpets have been renewed and look just right. Restored years ago and has long been in museum display.
Bottom Line: The 507 is a gorgeous car from every angle. It’s really the prettiest BMW of them all. But in period it fell on its face when other sports cars offered plenty more performance for way less money. It wasn’t until recent years that 507s became seven-figure classics. This is one of the cars out of the Bavarian Legends Collection that didn’t smash through its top estimate, instead bringing a rational price that takes its color change, older restoration, and long-term static display into account. It’s not a steal, but in the context of this auction full of expensive BMWs it’s not at all a bad deal.