July 23, 2024

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Bonhams|Cars Presents BMW 507 From 60-Year Ownership

Bonhams|Cars annual Quail Lodge auction will present a number of top-level classics for sale during Monterey Car Week this August — and one of the headline consignments is a 1957 BMW 507 Series II roadster that’s coming to market after 63 years with its current owner.

This car eclipses John Surtees’ 507, which he owned for a remarkable 61 years. Bonhams sold that car in 2018 for a world record $5m.

This car was bought by the seller in 1961 in Venezuela — it’s one of 13 to have been sold there when new. The car comes equipped with Rudge wheels, hard top and a Becker long- and short-wave radio. It was repainted prior to being sold new, and racked up 72,750 kilometers before 1967. Since, only 2,400 have been added.

“With two owners from new in its 67 years and featuring key attributes so prized on these cars by the collecting market, this presents an extremely rare occasion to buy a matching numbers example iconic BMW model – eligible to participate in notable events, such as the Colorado Grand, California Mille and more,” said Eric Minoff, Head of Sale for the Bonhams|Cars Quail Auction.

The car is estimated to be worth from $1.8m to $2.5m.

The Quail Auction takes place on August 16 at the Quail Lodge & Golf Club in Carmel, CA. 

Learn more here.

Images: Bonhams|Cars