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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
Approximately $220,000 was spent on the vehicle's restoration.By Daniel Vaughan | Apr 2022
2022 Gooding & Company : Amelia Island Auction
Pre-Auction Estimates :
USD $350,000-USD $425,000
Sale Price :
USD $340,500
1958 BMW 503 Auction Sales
Recent Sales of the BMW 503
(Data based on Model Year 1958 sales)
1958 BMW 503 Serie II coupé Chassis#: 69318 Sold for USD$131,196 2024 Bonhams : Les Grandes Marques du Monde a Paris | |
1958 BMW 503 SERIES II CABRIOLET Chassis#: 69275 Sold for USD$340,500 2022 Gooding & Company : Amelia Island Auction | ![]() ![]() |
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.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
---|---|---|---|---|---|
1958 BMW 503 3.2-LITRE SERIES II CABRIOLET | 69264 | 2020 Bonhams : The Zoute Sale | $350,000 | $450,000 |
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