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The BMW 502, based on the company's first postwar automobile model - the 'Baroque Angel' 501 - debuted BMW's new V-8 engine for 1954, providing the base for Count Albrecht Goertz to create two new V-8 designs. The 503 retained the 502's chassis, suspension, and centrally mounted gearbox, while the open 507 rode on a shorter wheelbase.
The BMW 503 was updated for 1957 with displacement and output increasing to 3.2 liters and 140 horsepower. Top speed was in the neighborhood of 120 mph. The BMW 507-type engine and transmission arrangement was now utilized with a floor-mounted gear change. A few of the transition cars still had a column-mounted gear lever. Production was low, reaching just 413 examples which included 273 coupes and 139 cabriolets.
This 1957 BMW 503 Coupe was built during January of 1957 and is powered by a 3.2-liter V-8 engine. It has the steering column-mounted shift lever for the four-speed manual gearbox. It was equipped from the factory with special options, including a sideways-mounted jump seat at the rear. This is one of only two known BMW 503 models equipped with this rear-seat configuration. The interior is believed to remain factory-original, the factory-assigned body-number stamping remains on the hood, and the vehicle's wheels are date-coded '11/56.'
This 503 Coupe accompanied a German international student who was enrolled at Northwestern University to the outskirts of Chicago. When the student returned to Germany, the car remained in the United States. It was later acquired by Frederick Reese of Woodstock, Illinois. Mr. Reese refurbished the car himself while retaining the majority of its factory-original components. Following his retirement during the late 1980s, Mr. Reese offered the 503 for sale. The subsequent owner, a Colorado resident, became the vehicle's next owner.
The car remains in excellent condition. Power is from a 3168cc overhead valve aluminum V-8 engine breathing through dual Zenith carburetors. There is a 4-speed gearbox, disc brakes in the front, and drum hydraulic brakes.By Daniel Vaughan | Apr 2014
The BMW 503 was updated for 1957 with displacement and output increasing to 3.2 liters and 140 horsepower. Top speed was in the neighborhood of 120 mph. The BMW 507-type engine and transmission arrangement was now utilized with a floor-mounted gear change. A few of the transition cars still had a column-mounted gear lever. Production was low, reaching just 413 examples which included 273 coupes and 139 cabriolets.
This 1957 BMW 503 Coupe was built during January of 1957 and is powered by a 3.2-liter V-8 engine. It has the steering column-mounted shift lever for the four-speed manual gearbox. It was equipped from the factory with special options, including a sideways-mounted jump seat at the rear. This is one of only two known BMW 503 models equipped with this rear-seat configuration. The interior is believed to remain factory-original, the factory-assigned body-number stamping remains on the hood, and the vehicle's wheels are date-coded '11/56.'
This 503 Coupe accompanied a German international student who was enrolled at Northwestern University to the outskirts of Chicago. When the student returned to Germany, the car remained in the United States. It was later acquired by Frederick Reese of Woodstock, Illinois. Mr. Reese refurbished the car himself while retaining the majority of its factory-original components. Following his retirement during the late 1980s, Mr. Reese offered the 503 for sale. The subsequent owner, a Colorado resident, became the vehicle's next owner.
The car remains in excellent condition. Power is from a 3168cc overhead valve aluminum V-8 engine breathing through dual Zenith carburetors. There is a 4-speed gearbox, disc brakes in the front, and drum hydraulic brakes.By Daniel Vaughan | Apr 2014
2019 RM Sothebys : Fort Lauderdale
Pre-Auction Estimates :
USD $140,000-USD $180,000
Sale Price :
USD $137,500
2014 Gooding & Company - Amelia Island Sale
Pre-Auction Estimates :
USD $225,000-USD $275,000
Sale Price :
USD $220,000
1957 BMW 503 Auction Sales
Recent Sales of the BMW 503
(Data based on Model Year 1957 sales)
1957 BMW 503 COUPE Chassis#: 69089 Sold for USD$134,400 2024 Gooding : Amelia Island Concours | |
1957 BMW 503 Coupe Sold for USD$66,000 2023 Mecum : Kissimmee | |
1957 BMW 503 Chassis#: 69141 Sold for USD$297,419 2020 Bonhams : Goodwood Speedweek | |
1957 BMW 503 Coupe Chassis#: 69185 Sold for USD$137,500 2019 RM Sothebys : Fort Lauderdale | |
1957 BMW 503 Cabriolet Chassis#: 69090 Sold for USD$583,000 2017 Bonhams : Quail Lodge | |
1957 BMW 503 Coupe Chassis#: 69.181 Sold for USD$160,574 2017 Coys at Olympia | |
1957 BMW 503 CABRIOLET Chassis#: 69146 Sold for USD$330,000 2014 Bonhams Quail Lodge Auction | |
1957 BMW 503 Coupe Chassis#: 69185 Sold for USD$220,000 2014 Gooding & Company - Amelia Island Sale | |
1957 BMW 503 Series II Coupe Chassis#: 69116 Sold for USD$165,000 2012 Gooding and Company - The Scottsdale Auction | |
1957 BMW 503 Cabriolet Chassis#: 69146 Sold for USD$231,000 2009 Pebble Beach Auction : Gooding & Company | |
1957 BMW 503 Convertible Chassis#: 69146 Sold for USD$165,000 2007 Vintage Motor Cars in Arizona | |
1957 BMW 503 Convertible Coupe Chassis#: 69146 Sold for USD$165,000 2004 The Monterey Sports and Classic Car Auction |
BMW 503s That Failed To Sell At Auction
1957 BMW 503's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1957 BMW 503 Cabriolet by Bertone | 69146 | 2013 RM Auctions VILLA ERBA | $240,000 |
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