Bmw 507 Cost

BMW introduced their 507 roadster in 1956. Intended to be based on the BMW 501 platform, the 507 was created largely by the urging of BMW's American importer. Unfortunately, due to high development costs, high price and lack of interest, the 507 was an expensive, poor selling car.

BMW had hoped to sell 5,000 a year, yet at the end of production, only 252 examples were built. In modern days. Q: How much is a BMW 507 worth today? A: Depending on its condition, rarity, and provenance, a BMW 507 can range from approximately $900,000 to over $2 million.

The starting price for the BMW 507 was $9,000 in 1957 money, which translates to $87,000 in 2021 money. Max Hoffman was an Austrian-born and US-based car importer who battled for the BMW 507's creation when he told BMW they should have their own counterpart to the Mercedes-Benz 300SL, so BMW agreed. Hoffman suspected the initial price for the BMW 507 to be $5,000 in 1957 money or $49,000 in.

Why does the BMW 507 cost so much? Even though the chassis and engine were constructed upon already-existing platforms, the hand-made bodywork skyrocketed the cost of production. As a result, when the 507 finally launched, it had a price tag higher than $9,000 ($96,715), making it more expensive than the 300SL "Gullwing." What does a 507 cost? The BMW 507 had a starting price of $9,000 in. Looking for a BMW 507 for sale? On Classic Driver you will find 11 BMW 507 cars as well as thousands of other iconic classic and performance cars.

See how much a BMW 507 is worth, the price trend and how rare it is. Follow the model to get notified of sales. The BMW 507 eventually launched with a price tag of $9,000, which works out to about $96,700 in today's money.

That, unfortunately, made it more expensive than the 300SL it was attempting to undercut. In total, BMW only managed to sell 252 examples of the gorgeous 507 roadster. Elvis Presley bought two of them.

Gorgeous 1958 BMW 507 Costs A Cool $2.45 Million It is the 110th example of 254 built in total. This rare 1950s BMW cost $9,000 new and will auction for an estimated $2.3 million. BMW 507 Classic cars for sale near near you by classic car dealers and private sellers on Classics on Autotrader.

See prices, photos, and find dealers near you.