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1957 BMW 507 Roadster

The BMW 328 would set a standard and would help to make Bayerische Motoren Werke AG, or BMW, a mark to have all throughout Europe. The success would also carry knowledge of the automaker across most of the world. The 507 series would be conceived with the same purpose—to bring BMW to greater notoriety in the United States.

For every Enzo Ferrari, there needs to be a Luigi Chinetti that can help to make the most of any opportunity. Austrian-born Max Hoffman would be that individual for BMW. Though not to be confused with the fine German military strategist Max Hoffmann that would die in 1927, Max Hoffman of Austria would be something of a strategist in his own right.

Hoffman was an importer of foreign automobiles in the United States. He would have a desire to see BMW to offer a roadster that could be marketable to the affluent in America. The notion of the project was a striking roadster that was cheaper than the Mercedes-Benz 300SL. Using looks and a cheaper price tag, Hoffman could bring BMW to prominence within the American market much the same way Chinetti would help Ferrari conceive of their now famous California.

BMW would recognize Hoffman's point and would build exactly what he was looking for. The 507 would be simple, elegant, but also very aggressive in its lines. Utilizing a 3.2-liter V8 engine producing around 145bhp, the car would also have the power to make those defined elegant lines appear even more feral. But just such a car could not become common. And it would not with just 251 examples being built over about two-and-a-half years.

Influenced by Al Mitchell, an airline pilot with his own 507, Malcolm S. Pray, Jr. would be so moved by the 507 that he just needed to own one. This would set Mr. Pray on a quest to find an example for himself.

Alan Friedland was a racing enthusiast who would take part in a number of SCCA events. Friedland would take part in these events with a number of different types of automobiles. For a period of time he would race a McKee-Ford, and then an Elva Mk VIII. However, one of the other cars in which he would take part in events with would be a 1957 BMW 507 Series II Roadster, chassis number 70156. Friedland's 507 would be a particularly special edition of the 507 Roadster as it would not only leave the factory with a Becker radio, but it would also have the highly-desirable Rudge wheels and a removable hardtop. This was certainly the 507 Roadster was Pray was looking for. He just needed to find it.

Friedland would use the car in all kinds of events, even hillclimbs, all throughout the early 1960s. Pray would utilize the help of Al Mitchell to help find the ideal 507 for his fellow Greenwich resident. In the early 1970s, Mitchell would come across Friedland's 507 in Pennsylvania. That was it. Mr. Pray would move in.

In August of 1972, Pray would have his coveted 507 Roadster. About the only thing Pray's new 507 would be missing would be its original engine. Otherwise, it was just perfect to Pray. Mr. Pray would so fall in love with the roadster that it would never leave his ownership until his death in August of 2013. Pray's affection for the roadster meant the car would not be neglected throughout its lifetime. In the '80s, the car would receive some updates to the interior, which included red Connolly leather and Wilton wool carpeting. Beyond this, the car would receive a number of new panels and the wood would be either repaired or replaced. Even greater work would be conducted by Pray's own shop in 1997. Even after all of the work, the car would not be prepared for sale. Instead, it would head home to remain a part of Pray's personal collection.

Even after more than 30 years with Pray, the 507 would continue to receive attention. In 2006, the car's body would be stripped of its finish and all dents would be repaired. Some time later, the car's original engine was offered to Pray. He would jump at the opportunity and would immediately have the engine rebuilt, tuned and refitted to its original chassis. After more than 30 years, the car was now whole, and though the long shadows were building in his own life, Mr. Pray would have more than a few years of enjoying riding off into the sunset.

Offered at the RM Auctions Amelia Island event in 2014, the 1958 BMW 507 Series II Roadster would garner pre-auction estimates ranging from between $1,400,000 and $1,800,000.

Sources:
'Lot No. 152: 1958 BMW 507 Series II Roadster', (http://www.rmauctions.com/lots/lot.cfm?lot_id=1064952). RM Auctions. http://www.rmauctions.com/lots/lot.cfm?lot_id=1064952. Retrieved 6 February 2014.

'1957 BMW 507 News, Pictures, Specifications and Information', (http://www.conceptcarz.com/vehicle/z2542/BMW-507.aspx). Conceptcarz.com: From Concept to Production. http://www.conceptcarz.com/vehicle/z2542/BMW-507.aspx. Retrieved 6 February 2014.

'Articles: The Legendary Roadster', (http://web.archive.org/web/20100103093806/http://www.bmwccn.no/eng/chapter2/articles/roadster2.htm). BMW CCN. http://web.archive.org/web/20100103093806/http://www.bmwccn.no/eng/chapter2/articles/roadster2.htm. Retrieved 6 February 2014.

By Jeremy McMullen

2014 RM Auctions - Amelia Island

Pre-Auction Estimates :
USD $1,400,000-USD $1,800,000 
Sale Price :
USD $2,420,000

1957 BMW 507 Auction Sales

Recent Sales of the BMW 507

(Data based on Model Year 1957 sales)
1957 BMW 507 Series II Roadster with Hardtop
Chassis#: 70059
Sold for USD$2,315,000
  2022 Bonhams : The Audrain Concours Auction
 
1957 BMW 507 SERIES II
Chassis#: 70073
Sold for USD$2,200,000
  2021 Gooding & Co : May : Geared Online
 
1957 BMW 507 Roadster with Hardtop
Chassis#: 70067
Sold for USD$5,034,692
  2018 Bonhams : Goodwood
 
1957 BMW 507 Roadster Series II
Chassis#: 70131
Sold for USD$2,207,500
  2016 RM Sotheby's : Paris
 
1958 BMW 507 Series II Roadster
Chassis#: 70156
Sold for USD$2,420,000
  2014 RM Auctions - Amelia Island
1957 BMW 507 image  1957 BMW 507 image  
1957 BMW 507 Roadster with Hard top
Chassis#: 70038
Sold for USD$1,002,500
  2011 Bonhams - Quail Lodge Sale
1957 BMW 507 image  1957 BMW 507 image  
1957 BMW 507
Chassis#: 70048
Sold for USD$1,038,434
  2011 RM Auctions - Villa d'Este
1957 BMW 507 image  1957 BMW 507 image  
1957 BMW 507
Chassis#: 70015
Sold for USD$873,935
  2007 RM Auctions - Automobiles of London
 
1957 BMW 507 Roadster
Chassis#: 70010
Sold for USD$346,500
  2005 Vintage Motor Cars in Arizona
 

BMW 507s That Failed To Sell At Auction

1957 BMW 507's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1957 BMW 507 3.2-Litre Series I Roadster with Hardtop700442019 Bonhams : Les Grandes Marques du Monde au Grand Palais $1,800,000$2,200,000
1957 BMW 507 Roadster Series I700442017 RM Sothebys : Villa Erba   
1957 BMW 507 Roadster Series I700442016 RM Sotheby's : Monterey $2,400,000$2,700,000

Vehicles With Comparable Market Values

Similar sales to the $1,937,618 range.
1962 MERCEDES-BENZ 300 SL ROADSTER
Chassis#:198.042.10.002985
Sold for $1,941,825
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1956 Mercedes-Benz 300 SL 'Gullwing' Coupe
Chassis#:198.040.6500146
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1957 BMW 507 vehicle thumbnail image  
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1957 BMW 507 vehicle thumbnail image  1957 BMW 507 vehicle thumbnail image  
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1957 BMW 507 vehicle thumbnail image  1957 BMW 507 vehicle thumbnail image  
1963 Mercedes-Benz 300 SL Roadster
Chassis#:198.042.10.003116
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1984 Toleman-Hart TG184 racing single seater
Chassis#:TG184-02
Sold for $1,921,373
2018 Bonhams : The Monaco Sale 'Les Grandes Marques à Monaco'
1967 Ford GT40 Mk IV
Chassis#:J-12
Sold for $1,925,000
2018 Gooding & Co. : Amelia Island
1957 BMW 507 vehicle thumbnail image  1957 BMW 507 vehicle thumbnail image  
1995 Ferrari F50
Chassis#:104794
Sold for $1,952,500
2016 Auctions America : Santa Monica
1955 LANCIA AURELIA B24S SPIDER AMERICA
Chassis#:B24S-1138
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1957 BMW 507 vehicle thumbnail image  
1976 Porsche 930 Turbo Carrera
Chassis#:9306800408
Sold for $1,950,000
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1965 Ferrari 275 GTS
Chassis#:07559
Sold for $1,925,000
2015 Gooding & Company : Pebble Beach Concours

1957 BMW 507

Additional valuation insight and sales data
History
Specifications
Image gallery
Other BMW 507 model years

1957 BMW 507 Vehicle Profiles

1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
Chassis #: 70044
Engine #: 40051
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
Chassis #: 70079
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
Chassis #: 70048
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
Chassis #: 70019
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
Chassis #: 70038
Engine #: 40037
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
1957 BMW 507 vehicle information
Roadster
Designer: Albrecht Graf Goertz
Chassis #: 70156
Engine #: 40024