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£123,088

1957 BMW 503 Series I Cabriolet

United States • 26 Oct 2024

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Vehicle Details

AI Listing Summary

This 1956-1962 BMW 503 Series I Cabriolet is 1 of 78 aluminum-bodied examples. It was stored in a wrecking yard since 1984. This car, powered by a 3.2-liter V-8, is in need of restoration.

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Condition 

3

The car has been sitting for 40 years and is in need of restoration. The listing states that the car is in the same condition as when it was purchased 40 years prior, and that the condition is reflective of sitting for such a length of time. The listing also states that the car presents as an excellent foundation for a restoration.

/ 10

Transmission:

[Transmission]

Chassis No:

69178

Odometer:

[Odometer Reading]

Reg Number:

1BGS 994

RHD/LHD:

[RHD/LHD]

One of just 78 aluminum-bodied Series I examples built Presented today in white over polychrome blue-and-white vinyl interior with black cabriolet soft-top Acquired by Rudi Klein in June 1984, remaining in the Porche Foreign Auto Wrecking Yard since Powered a 3.2-liter V-8 engine Accompanied by historic Californian registration slips and historic imagery Produced from 1956 to 1962, the BMW 503 made its debut alongside the BMW 507 at the 1955 Frankfurt Motor Show.

It received an update in 1957, with the earlier cars referred to as Series I and the later cars Series II; the former were distinguished by a column gear shift, hydraulic window lifts, and for the cabriolet, a hydraulic-operated hood.

All were powered by a 3.2-liter V-8 engine that the factory rated at 140 horsepower and clothed in svelte aluminum coachwork penned by Albrecht Graf von Goertz, who also designed the stylish 507.

This BMW 503 Series I Cabriolet is one of just 78 such examples constructed.

Imported to the Unit...

Points of note

£123,088

Lowest Price (Since 2020)

£254,079

Median Price (Since 2020)

£358,905

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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Top X%

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Lowest Price

This vehicle is the lowest price we've ever seen for the BMW 503 Cabriolet

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Average Price

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen 7 sold before

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Previous Sales

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MOT Information

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