Many rich and famous people make a habit of collecting cars, either because of a real fondness of cars or simply because they can.

Then there are those that although they love cars and can afford plenty, don’t really buy a lot.

Elvis Presley, beside being know as the king of rock’n’roll, was also a car enthusiast. At least that is what we can gather considering he used to own a BMW 507. Recently, the very same 507 just popped up on the internet, after sitting in a garage for some years.

Built in 1957, the Bimmer has seen better days, and, fortunately, it will again. It was delivered to BMW’s headquarters, which plans to restore the car to fully functional state. Right now, a BMW 507 in relatively good condition will set you back as much as $500.000, and should BMW decide to sell the one owned by Elvis, you can expect ever bigger numbers to be thrown around.

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Marcus M.

http://www.bmwcoop.com

The post BMW will restore Elvis’ 507 appeared first on BMWCoop | BMW Blog, BMW News, BMW Reviews.

When it comes to pure beauty and real muscle under the hood, there were two models to mark the present existence and success of the BMW German based luxury automaker, namely the classics 503 and 507.

The BMW 503 and the 507 were the first two models that came out on the postwar market, coming in a convertible as well as in a coupe version.

The one-off 503 was the first to be built between 1954 and 1959, being the first convertible ever made in Europe with an electric power top.

After the built of the 503, another famous model came on the market, namely the BMW 507, which promised to outnumber the 503 in terms of performance.

More than that, both the 503 and the 507 were based on the Thriumph/MG sports cars as well as the Mercedes-Benz 300SL and were considered revolutionary at that time.

Apart from that, the two models will remain the icons of the BMW manufacturer, the one-offs models which managed to put the foundations of today`s high-performance BMW models.

About Post Author

Marcus M.

http://www.bmwcoop.com

The post Oldies but Goldies: The BMW 503 and 507 to Mark BMW`s Decades of Existence appeared first on BMWCoop | BMW Blog, BMW News, BMW Reviews.