Classic · 1956–1959

BMW 507 Roadster

Goertz-styled 3.2-litre aluminium-V8 roadster — 252 units that nearly bankrupted BMW.

Roadster
Car Collector International Editorial
BMW 507 Roadster
Overview

Why this car matters

Designed by Albrecht von Goertz and produced from 1956 to 1959, the BMW 507 used a 3.2-litre aluminium OHV V8 producing approximately 150 PS, paired with a 4-speed manual, in an aluminium body over a shortened 502 saloon chassis. Hand-built construction and a target price set at $5,000 in the US that ballooned to over $9,000 contributed to BMW's near-collapse and limited production to just 252 examples.

Most cars were sold in the United States; notable owners included Elvis Presley, John Surtees and Hans Stuck.

BMW's most desirable classic, defining post-war aluminium roadster and a fixture at every major concours.

Variants

Range and production

VariantYearsProductionNotes
507 Series I1956–1957Earlier dashboard and trim details.
507 Series II1957–1959Revised interior; majority of production.
Buyer's Guide

What to look for

Provenance and originality

Start with identity, paperwork and originality. For the BMW 507 Roadster, the strongest cars have continuous ownership history, matching numbers where applicable, original books and tools, factory build documentation and evidence of work by manufacturer-approved specialists. Original colour, matching-numbers status, factory hardtop, complete BMW Classic provenance and concours condition.

Mechanical inspection priorities

Aluminium V8 is robust but engine and gearbox parts are scarce; full mechanical restoration is realistic only with BMW Classic support. A proper pre-purchase inspection includes cold-start behaviour, ECU diagnostics and fault-code history (where applicable), leak-down or compression testing, underbody photography, suspension and chassis inspection, brake condition and a long enough road test to expose heat-related faults. Deferred maintenance on a car of this class is almost always more expensive than buying a better-sorted example.

Body, paint and accident history

Use a paint-depth gauge, lift access and a specialist familiar with the model's factory panel gaps and finish standards. Collector value is dramatically affected by structural repairs, refinished panels, poor paintwork and missing factory trim or option content. Documented cosmetic refresh is acceptable; concealed accident or fire damage must be priced severely.

Specification strategy

Matching-numbers cars with BMW Classic certification, documented restoration history and continuous ownership records. Specification, colour, options and limited-build variants move values significantly. Buy the best-documented example in the most desirable specification you can justify, rather than a tired example of a rarer derivative that will need years of corrective work.

Pricing

What to pay

Concours matching-numbers
USD$2,400,000 – $3,200,000+
GBP£1,900,000 – £2,550,000+
EUR€2,200,000 – €2,900,000+
BMW Classic-certified concours cars.
Excellent
USD$1,800,000 – $2,300,000
GBP£1,400,000 – £1,830,000
EUR€1,620,000 – €2,090,000
Well-restored, documented cars.
Driver / project
USD$1,200,000 – $1,700,000
GBP£950,000 – £1,350,000
EUR€1,080,000 – €1,540,000
Restoration candidates; restoration costs exceed purchase.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
1,000–4,000 miles typical for collector use
Service interval
12 months; mileage interval varies by model and use
Annual running cost
$5,000 – $18,000
Fuel economy
15–28 mpg depending on use
Insurance
Use an agreed-value collector or specialist supercar policy with limited mileage, secure storage, documented photography and an annual value review. Premiums vary sharply by age, storage location, declared value and driver profile.

Maintenance planning

Budget annually even if the car is used sparingly. Fluids age, tyres and date-coded rubber components must be replaced regardless of mileage, and stored cars need exercise. A documented maintenance rhythm protects both reliability and resale value.

Parts and specialist access

BMW Classic and a small number of pre-war / 1950s specialists worldwide; restoration timescales measured in years. Before purchase, confirm parts availability for model-specific bodywork, electronics, gearbox and engine components. A discounted car waiting on unobtainable parts or a factory service slot is rarely a saving in collector ownership.

Common Problems

Known issues by system

Engine

Cooling system / alloy corrosion

Major$15,000 – $40,000
Symptoms — Overheating, corrosion at water-jacket joints.
Inspection — Cooling-system pressure test; engine-out inspection.
Body

Aluminium body and chassis corrosion

Major$50,000 – $150,000+
Symptoms — Bubbling, pitting at panel joins, chassis condition under sills.
Inspection — Lift inspection; check for previous repairs.
Trim

Originality of interior / hardware

ModerateSubject to specialist sourcing
Symptoms — Non-original trim, missing or replaced hardware.
Inspection — Cross-check against BMW Classic spec sheet.
Valuation

Current value bands by region

Concours
USD
$2,800,000
GBP
£2,225,000
EUR
€2,550,000
+1% 12-mo
Excellent
USD
$2,050,000
GBP
£1,625,000
EUR
€1,860,000
0% 12-mo
Good
USD
$1,450,000
GBP
£1,150,000
EUR
€1,320,000
-1% 12-mo

Each region quoted in its local currency — independent market readings, not FX conversions

The 507 sits in a stable, defined collector range. Auction results for matching-numbers cars are consistent in the $2.5m–$3m band; BMW Classic certification is decisive at concours level.

Auctions

Recent results

DateAuctionCarMileageResult
2025-08-15
Gooding & Company
Pebble Beach
1958 507 Series II
$2,755,000
Sold
2024-08-16
RM Sotheby's
Monterey
1957 507 Series I
$2,205,000
Sold
Investment

Long-term outlook

Blue ChipHorizon: 10+ years

Defining BMW classic, capped 252-unit production and consistent concours-level demand. Originality is the entire long-term thesis.

Recommended

The trusted network

Specialists

  • BMW factory-approved specialist
    View →
    UK / Europe
    BMW 507 Roadster inspections, major service planning and originality reviews.
  • Model-focused independent
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    United States
    Pre-purchase inspections, scheduled service and market-correct preparation for the 507 Roadster.
  • Concours preparation studio
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    International
    Paint correction, PPF, detailing, preservation and sale preparation for premium collector cars.
  • Hagerty
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    USA / UK / EU
    Agreed-value collector and supercar insurance with global recognition.
  • Lockton Performance
    View →
    UK / EU
    Specialist agreed-value cover for modern hypercars and limited-production supercars.

Storage

  • Windrush Car Storage
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    Cotswolds, UK
    Climate-controlled storage and collection management for high-value classic and supercars.
  • Autovault
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    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage with inspection programmes.
  • Classic Car Club Manhattan
    View →
    New York, NY
    Secure urban storage for collector and modern performance cars.

Transport

  • CARS UK
    View →
    UK & Europe
    Enclosed event, concours and collection transport across Europe.
  • Reliable Carriers
    View →
    USA (national)
    Enclosed coast-to-coast transport for premium supercars and classics.
  • FERRLOG
    View →
    Italy / Europe
    Air-ride enclosed transport for Italian and European collector cars.

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.