Heroshot

1959 BMW 507

$1,809,000
Sale Price
$1,900,000 - $2,300,000
Est. Range
Yes
Reserve
21 January 2021
Sold Date
115
Lot Number
#3+
Older restoration
Bonhams
Auction House
Chassis no. 70205. Black over red leather. 3168/150hp, ZF 4-speed, steel wheels with hub caps, Becker Mexico radio.

Evaluation: One of 253 BMW 507s built. Offered from nearly 30-year single ownership. Second-series car with larger engine and more interior room, but does not have the desirable disc brakes. Received restoration work in the late 1980s and has been repainted from the original silver blue to the current black. Possibly received a factory replacement engine in period, but unconfirmed. Aged but presentable, possibly original interior. Clean engine bay. No major paint or body flaws noted or visible, just light general age. The engine question and the color change are certainly things to consider on this car, but any 507 is a striking automobile and this one would likely make a great casual driver or tour car.

Bottom Line: The 507 just might be the best-looking production BMW ever. It’s certainly the most valuable. And it’s the only one to routinely bring a seven-figure price. Even drivers are in the $2M range these days, so even given this one’s age and aforementioned issues, the result was perfectly fair.

by Andrew Newton
27 January 2021
Hagerty
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.