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1938 BMW 327 Cabriolet

  • Chassis Number: 73234
  • Engine Number: 73234
Munich-based Bayerische Motoren Werke aka Bavarian Motor Works was founded on March 7, 1916 and was initially involved in designing and building aircraft engines. After the First World War, their focus switched from aircraft engines to manufacturing air brakes for railroad cars. Eventually, BMW resumed its aircraft endeavors in 1922 and in a short period of time, had established some 29 aviation records. In the same year, they added motorcycles to its production line-up. Cars followed in 1929.

BMW's production of cars was centered at their Eisenbach factory. Their early cars were powered by a 743cc four-cylinder engine producing a meager 15 horsepower. The engine size and power would quickly grow, and by 1930 BMW was scoring its first racing wins. Their first 'real car' came two years later - it was a new saloon model called the AM 4. The 303 followed in 1933 and was powered by the company's first inline-six cylinder power plant. This would be the direct predecessor to the legendary 327 Model which appeared in 1936 as the Type 326. The 327 differed from the 326 by having an even mort 'sportier' persona and fitted to a shortened version of the BMW 326 chassis. The car had hydraulic brakes and an advanced gear box, clutch and front suspension system first seen on the 326, along with the live axle used on the BMW 320 and BMW 328. The engine from the 326 was used in the 327 - it was a 1971cc straight 6-cylinder unit that was given a boost in power to 55 BHP.

The BMW 327 was introduced in November of 1937 and was styled by Peter Schimanowski. Production lasted from 1938 to 1940 with only 1,396 examples produced, in both cabriolet and coupe designs.

This BMW 327 Cabriolet has period correct two-tone livery and black exterior with a red leather interior with black piping. It has been given a complete restoration that was performed over the period of 10 years.

In 2009, this BMW 327 was offered for sale by Bonhams Auction Company at the Exceptional Motorcars and Automobilia at the Quail Lodge Resort in Carmel, Ca. The car was sold for $144,500 inclusive of buyer's premium.

By Daniel Vaughan | Nov 2009

2023 Broad Arrow Group : Amelia Island

Pre-Auction Estimates :
USD $170,000-USD $200,000 
Sale Price :
USD $184,800

2009 Bonhams - Quail Lodge Resort and Golf Club

Sale Price :
USD $144,500

1938 BMW 327 Auction Sales

Recent Sales of the BMW 327

(Data based on Model Year 1938 sales)
1938 BMW 327 Cabriolet
Chassis#: 73234
Sold for USD$184,800
  2023 Broad Arrow Group : Amelia Island
1938 BMW 327 image  1938 BMW 327 image  
1938 BMW 327 Cabriolet
Chassis#: 73330
Sold for USD$137,200
  2022 Bonhams : The Quail Auction
1938 BMW 327 image  1938 BMW 327 image  
1938 BMW 327/28 Sport Cabriolet
Chassis#: 73272
Sold for USD$280,000
  2022 RM Sothebys : Monterey
1938 BMW 327 image  1938 BMW 327 image  
1938 BMW 327 SPORTS ROADSTER
Chassis#: 74212
Sold for USD$78,748
  2021 Bonhams : Goodwood Festival of Speed
 
1938 BMW 327 Sport Cabriolet
Chassis#: 73928
Sold for USD$151,872
  2016 RM Sotheby's : Monaco
 
1938 BMW 327 Cabriolet
Chassis#: 73234
Sold for USD$144,500
  2009 Bonhams - Quail Lodge Resort and Golf Club
1938 BMW 327 image  1938 BMW 327 image  

BMW 327s That Failed To Sell At Auction

1938 BMW 327's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1938 BMW 327 Sport cabriolet734142024 Artcurial : Retromobile $120,000$180,000
1938 BMW 327 Cabriolet733302024 Worldwide Auctioneers : Scottsdale   
1938 BMW 327 Cabriolet2295232016 Coys : Schloss Dyck $140,000$160,000

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1938 BMW 327 vehicle thumbnail image  
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1938 BMW 327

Additional valuation insight and sales data
History
Specifications
Image gallery
Other BMW 327 model years

1938 BMW 327 Vehicle Profiles

1938 BMW 327 vehicle information
Cabriolet
Chassis #: 73330
Engine #: 73330
1938 BMW 327 vehicle information
Cabriolet
Chassis #: 73272
1938 BMW 327 vehicle information
Cabriolet
Chassis #: 73234
Engine #: 73234