When making its debut in New York in 1955 the 507 left both journalists and the public absolutely spellbound. Used 1956 BMW 507 . 1956-`59 BMW 507. BMW produces luxury cars and … bmw 507 At Classic Driver, we offer a worldwide selection of BMW 507s for sale. The BMW 503 is a two-door 2+2 gran turismo manufactured by German automaker BMW from 1956 to 1959. Choose options. BMW was still a small manufacturer that relied on complex, hand-built designs, and while Hoffman envisioned selling the car for about $5,000, the final result was closer in price to $9,000—an astronomical sum in the mid-1950s.
Rating and specs of BMW 507 - top speed 220 kph, power 150 hp., 0-100 kph, 0-62 mph 9.2 seconds **Figure based on a stock 1956 BMW 507 valued at $1,800,000 with OH rates with $100/300K liability/UM/UIM limits. The 507 was more expensive than everything in its class, priced above even the Mercedes-Benz 300 SL Gullwing, a car with a racing pedigree. The BMW 507 classic car was among that ambiguous group of great classic cars that failed in the marketplace. The long and sleek engine compartment, the cockpit perfectly tailored to the driver and passenger, the short and muscular rear end, stretched side lines and gently sweeping curves gave the car absolutely beautiful, timeless design.
To many, a list that would include motorcycle world champion -- and later, F1 world champion -- John Surtees, it was among the most beautiful and best balanced, which perhaps explains why Surtees kept his own example for six decades, until his death in March 2017. BMW 507 Roadster (1956-1959) BMW had succeeded in creating one of the most beautiful sports cars of all time. See prices, photos and find dealers near you. 1956 BMW 507 Prices Founded in 1916, Bavarian Motor Works, or BMW, considers its cars to be the "Ultimate Driving Machine." The company developed the 503 alongside the 507 roadster in an attempt to sell a significant number of luxury cars in the United States.The 503 and 507 cost about twice their projected price and did not recover their costs. Select options to get a specific value OR Get base values.
Actual costs vary depending on the coverage selected, vehicle condition, state … As such, the 507 attracted many well-to-do and famous owners, including motorsports icon John Surtees and even Elvis Presley. The 507 was built to a design created by Albrecht Graf Goertz, a student of Raymond Loewy. While it was intended to be more attainable, the BMW 507 boasted a retail price of over $11,000, nearly double its target price, which made it a car that only few could afford. Between 1956 and 1957, 136 units of the Series I Coupe were produced. 1956→1957 BMW 507 Series I. At the rock star’s request, BMW exchanged the car’s engine – with which Hans Stuck had previously won a hill-climbing race – for a lightweight V8 series engine with 150 hp, which was very powerful for those days.
Unfortunately, due to high development costs, high price and lack of interest, the 507 was an expensive, poor selling car. The car was based on the technology of the 3.2 litre 502 saloon but with the power output increased to 150 bhp. With a price of over $9,000 BMW was never expected to gain public acceptance in United States, and only 253 cars had been build for three years.
As a result, aspirations of producing of 5,000 per year evaporated and only 252 cars were built over a three-year run. The story starts in December 1958 in Frankfurt, Germany, when Elvis bought a used BMW 507 after starting his military service. The 507 was a roadster version of the 501 and 502 vehicles that was produced from 1956 to 1959 for the U.S. market to compete with the likes of Maserati, Ferrari, Porsche, Aston Martin, Jaguar and Mercedes-Benz. Select your options Enter options manually that may effect the value. BMW launched the Type 503 at the IAA in 1955 as an elegant touring car and a more comfortable counterpart to the 507. Price with standard equipment By clicking this, your choosing the standard equipment giving you the most common options for this vehicle.