November 27, 2022

Wire Service Canada

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Selling it for 2 million

More than forty years later, the unique discovery occurred: a wonderful vintage car has returned from the shadows. It is in particular about A BMW 507 from 1957, that was forgotten for 43 years. The car had been hidden for four decades, tucked away in a modest garage. It is a very special piece, in fact it is a rare vintage car.

We can say it is one of the cars more desire By ardent classic car collectors, today it is on sale for an amazing amount. We’ve actually seen it On the Bonhams website, the real star of the Bonhams Audrain Concours auction, which was sold to its new owner on September 30, the estimated price was 1,800,000 – 2,200,000 dollars. In the end the car was sold for $2,315,000.

The history of the rare BMW

It’s a BMW 507, 1957 Series II Roadster: an example so rare today, it’s in fact one of the 252 best sports cars the house produced at the time. Its exclusivity and price attracted the stars of those times, in fact there were some rock and roll stars, such as Elvis Presley, among the owners. Alain Delon and Prince Rainier of Monaco also had one. 507 . likely to remain The most expensive and most collectible BMW to date.

The model we are talking about was found in the United States, more precisely in a garage in Philadelphia, after being forgotten there for many years, A real stroke of luck worth more than 2 million dollars for the owner. Eric Minoff, chief specialist for Bonhams American Cars, said, “This car was a discovery dream. It is truly incredible that such an important sports car could have been hidden in a shed for over 40 years, without being seen.”

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This specimen was delivered to its first owner in original Silver Blow paint – blue and silver – in Venezuela, then passed to the hand of another buyer in Montreal, Canada, where it was acquired by the seller’s late father in 1979. Namely, was a BMW 507 1957 “trapped” In this guy’s garage in Philadelphia for 43 years without ever being driven. The fact that he belongs to her One owner for four decades Its value has greatly increased.

owner of the car

The car was part of a group of 507 cars the family had kept for the past 50 years or so. Pretty original example, it was the subject of Typical restyling of the seventies With Pontiac Bright Blue Metallic repainting. In the passenger compartment, we find original leather interiors, with a delightful classic look. “The new owner can choose whether or not to restore this newly discovered gem in part,” said Eric Minoff, chief specialist, Bonhams US Motor Cars.

BMW side with Other desirable cars Collectibles delivered at a second Bonhams Audrain Concours auction, including a 1929 Packard Model 645 Deluxe Eight Roadster, 1986 Aston Martin V8 Vantage Sports Saloon (sold for $207,200) and 1963 Facel Vega Facel II Coupe. Special, for ardent collectors.