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BMW History

1958 BMW 503

Chassis number : 69275

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Sold for $340,500 at 2022 Gooding & Company : Amelia Island Auction.
This later-production Series II BMW 503 Cabriolet was purchased in 199 from import dealer Peter Satori of Pasadena, California, by the current owner's grandfather for his mother as a wedding gift. It has remained in the family ever since. In 2004, a multi-year restoration began utilizing multiple noted Southern California restoration specialists. Foreign Machine Service in Pasadena rebuilt the engine, Timeless Kustoms in Camarillo refinished the exterior in red, Christensen Plating in Vernon completed the chrome, and Ken Sorensen Top Shop in Duarte expertly trimmed the black leather interior, as well as the soft top and trunk. Classic Investments of Englewood, Colorado performed a mechanical freshening in 2019, including work on the engine. The hydraulic top mechanism and both Zenith twin-choke carburetors have been freshly rebuilt, the ZF gearbox has been overhauled, and the brakes received a major service.

Approximately $220,000 was spent on the vehicle's restoration.


By Daniel Vaughan | Apr 2022

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2022 Gooding & Company : Amelia Island Auction

Pre-Auction Estimates :
USD $350,000-USD $425,000 
Sale Price :
USD $340,500

Recent Sales of the BMW 503

(Data based on Model Year 1958 sales)
1958 BMW 503 SERIES II CABRIOLET
Chassis#: 69275
Sold for USD$340,500
  2022 Gooding & Company : Amelia Island Auction
1958 BMW 503 image  1958 BMW 503 image  
1958 BMW 503 3.2-Litre Series II Coupé
Chassis#: 69344
Sold for USD$241,385
  2019 Bonhams : Les Grandes Marques du Monde au Grand Palais
 

BMW 503s That Failed To Sell At Auction

1958 BMW 503's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1958 BMW 503 3.2-LITRE SERIES II CABRIOLET692642020 Bonhams : The Zoute Sale $350,000$450,000

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1958 BMW 503 Profiles

1958 BMW 503 vehicle information
Cabriolet
Chassis #: 69283
1958 BMW 503 vehicle information
Cabriolet
Chassis #: 69275
Engine #: 30380