A remarkably properly-preserved 1959 BMW 507 roadster, a proverbial “barn-find” that was parked for decades by its primary owner, will be made available by Gooding & Business throughout its Amelia Island Auction on March 4.
With an approximated pre-auction value of $2 million to $2.4 million, the BMW is an exceedingly exceptional unrestored 507, aside from a prolonged-ago repaint in first Black – just 15 of the attractive athletics automobiles have been concluded in black by the factory, out of the 254 produced.
The 507 also has its primary pink-leather-based interior, which also appears to be amazingly intact, and arrives with its factory-geared up equipped hardtop.
“The 1959 BMW 507 Collection II presented here is a single of the most exciting automotive discoveries in current memory as an unrestored sporting activities vehicle that has been parked for decades in the garage of its authentic owner,” Gooding suggests in its catalog description.
“Recently obtained by the consignor, this 507 is an incredible find, and remains unrestored, conserve for an older repaint, in mostly unique purchase, possessing a amazing, charismatic patina. Thinking of its rare manufacturing unit shade plan and six many years expended in the fingers of its original proprietor, this 507 is a deserving prospect for possibly a concours-high-quality restoration, or a sympathetic mechanical recommissioning.”
The BMW 507 was a beautiful publish-war tour de power by the German automaker, even now recovering from the ravages of Planet War II. Developed from 1956 by 1959, the 507 was initially meant for mass export in the countless numbers to US motorists, but the superior showroom expense dulled enthusiasm for the sports activities vehicles, no matter how beautiful or refined, and just above 250 ended up ever marketed.
A person of the most celebrated entrepreneurs was Elvis Presley, who owned a 507 while stationed in Germany even though deployed with the US Military, and afterwards obtained yet another 1.
Section of the high expense for the BMW was its just about completely hand-fashioned aluminum system, which was expensive and time-consuming to deliver. The 507 was powered by a 3.2-liter 16-valve V8 motor that generated about 150 horsepower.
These vehicles have located an eager audience among today’s auto collectors, admired for its evocative styling, German engineering and drivability on rallies and tours.
“Significant 1950s sports vehicles in this problem do not come together very often, and with the passing several years, it is increasingly unlikely that even more unrestored 507s will be discovered,” the Gooding catalog notes. “As one of the most legendary, wonderful and appealing European sporting activities automobiles of its period, and unquestionably the most essential postwar BMW sports auto, this unrestored 507 provides interested collectors the opportunity of a lifetime.”
Gooding’s auction on Amelia Island requires position March 4 at the Omni Resort during the northeast Florida celebration of collector motor vehicles, highlighted by the famed concours d’elegance lately renamed The Amelia, which takes spot Sunday, March 6.
For a lot more data about the Gooding sale, stop by the auction website.