The answer, if you ask me, is “yes”. Want to add one to your collection? Got better than a half million dollars you don’t need? Autoblog found one for sale on eBay, and you’d better act quick if you want it, since the bidding ends on Tuesday. The current bid price is $500,100, and the reserve has not yet been met. That may be just a little bit optimistic, given the cars clean-but-hardly-concours-winning description.
Here’s what we know about the car for sale: it came out of the Imperial Palace Automobile collection in Las Vegas, so it’s led a charmed life. There was speculation that it may have once belonged to Elvis Presley, but the serial number is one digit off from a 507 he’s known to have owned. The car has a 3.2 liter V8, said to be good for around 160 horsepower, and has been updated with seat belts and shoulder harnesses. I’d take points off for the modern radio, which adds nothing to the car’s value or enjoyability (and makes me wonder what’s been ruined during the installation process).
The seller is upfront in describing the car as an “older restoration”, and claims the interior has a “nice patina”. The paint has some bubbling and stress cracks, and the spare tire appears to be missing from the trunk; sourcing one would not be easy or inexpensive. Mileage is low at 56,515 kilometers, or 35,117 miles, and the car was mechanically freshened when purchased in 1995.
The BMW 507 is a rare car, and one you don’t find on the market all that often. I’m not sure on current values, but half a million plus for a clean driver sounds ambitious to me. If you have to add a 507 to your collection and can’t wait for a better example to come along, here’s your chance to snap one up. Just promise you’ll bin the cheap modern radio, OK?