The BMW 507 roadster, introduced at the 1955 Frankfurt Auto Show, is recognized as one of the most beautiful models that BMW ever produced. Only 252 hand-built 507s were produced, and despite their curb appeal, they were money losers that nearly sank BMW as a company. A 1957 BMW 507, discovered in a Philadelphia garage, sold last month at the Bonhams Audrain Concours Auction in Newport, R.I. for $2.1 million. Read the backstory on this historic BMW.
Auction sales from Monterey Car Week totaled a record-setting $469 million; more than $126 million than last year’s total. RM Sotheby’s three-night auction accounted for more than half of that total, setting a record with a staggering $239.2 million in sales. Catch up on results from all the auction houses.
Monterey Car Week 2022, including the Pebble Beach Concours d’ Elegance®, is just days away, and our regional sales managers have made their annual “Cars to Watch” selections, covering a broad range of classic vehicles. Their picks include a 1995 Ferrari F50 (pre-sale estimate of $4.5 – $5.5 Million); a 2010 Porsche 911 GT3 RS 3.8 ($250K – $300K); and even a 1962 Volkswagen Type 2 Deluxe Microbus ($140K – $180K). Perhaps some of your favorites are among their picks.
Here’s your opportunity to bid on a very important part of Ferrari history. A one-of-a-kind 1961 Ferrari 400 Superamerica Series I Coupé Aerodinamico, originally owned by Italian nobleman Count Giovanni Volpi di Misurata will be auctioned by Gooding & Company at Pebble Beach, with a pre-sale estimate of $4M-$5M for this rare gem, described as “perhaps the finest original and best-preserved example extant.”
The Acura NSX, a Japanese supercar introduced in 1990, reached a higher peak with its 1999 Zanardi Edition. Commemorating Alex Zanardi’s Championship Auto Racing Teams (CART) IndyCar championships in 1997 and 1998 in Reynard-Hondas, only 51 cars were built. At its Quail Lodge auction this month, Bonhams will offer the #3 car, which has had three owners, and shows only 17,300 miles. The pre-sale estimate is $240,000-$280,000