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£165.7k

Mille Miglia eligible 1937 BMW 328 Cabriolet

Bonhams • Belgium • 11 Oct 2026

Market Position:

Lowest 10% of Past Sales

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£165,712

Mille Miglia eligible 1937 BMW 328 Cabriolet

Belgium • 11 Oct 2026 • Lot 169

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Vehicle Details

AI Listing Summary

This 1937 BMW 328 Cabriolet by Wendler is a rare and iconic sports car, believed to be one of only 10 with this specific coachwork. It's an older restoration in a likely original two-tone green finish, eligible for prestigious historic events like the Mille Miglia, though it features a replacement chassis.

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Condition 

7

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/ 10

Manual

LHD

Belgium

85124

1937

Auction

£165.7k

Mille Miglia eligible 1937 BMW 328 Cabriolet

Bonhams • Belgium • 11 Oct 2026

Market Position:

Lowest 10% of Past Sales

Track live values and receive listing alerts

Description

• Iconic 1930s sports car •

One of only 464 made • Believed one of only 10 with this elegant Wendler coachwork • Offered with German Historic registration documents BMW's emergence as a manufacturer of fine sporting motor cars can be traced back to the annual Eifelrennen event held at the Nürburgring on 14th June 1936, when Ernst Henne beat a field that included 1½-litre monoposto racing cars driving the prototype of what would become one of the most iconic sports cars of all time: the legendary '328'.

The fact that this overwhelming victory had been achieved only eight years after BMW's establishment as an automobile manufacturer is all the more remarkable.

Lacking the resources of larger and longer established rivals, BMW had adopted an evolutionary, 'mix and match' approach to model development.

Thus the 328 employed the tubular chassis, transverse-leaf independent front suspension and live rear axle of the 319; the cylinder block and hydraulic brakes of the 326; and a body inco...

Price Analysis vs Other 328s

£130,592

Lowest Price (Since 2020)

£336,546

Median Price (Since 2020)

£714,881

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Lowest 10% of Past Sales

Compared to previous sales, the sale price placed this vehicle in the lowest 10% of past sales for the 328.

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Lowest Price

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Average Price

The mid-point of the vehicle's estimate places it near the average price we see for the [enter model]

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen [enter number] sold before

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Icon

This vehicle is an icon of the game. Any collection would benefit from having one

Previous 328 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

Gallery

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Auction House Headquarters

Bonhams

101 New Bond Street, London, Greater London, W1S 1SR, England

Operating from London, Bonhams is a physical auction house handling classic, historic competition, and collector cars. They conduct live auctions globally, offering vehicle consignment, appraisal, and valuation services.

Insurance

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