Unsold

1956 BMW 503

VIN: 69081

$260,000

Unsold

High bid

Seller details

  • Auction

    RM Auctions

  • Location

    Monterey, CA, US

  • Event date

    Aug 17 - Aug 18, 2012

  • Lot

    225

Vehicle specs

  • Chassis/VIN

    69081

  • Body style

    Cabriolet

  • Odometer

    15264 M

  • Interior Color

    Tan leather, Tan cloth top

  • Exterior Color

    Red

  • Generation

    1956-1959 BMW 503

Vehicle details

Notes and observations recorded by Hagerty staff.

Equipment

3.2 140hp V 8, 4 speed, painted steel wheels, chrome hubcaps, Becker Mexico radio. Freshly restored and better than new. Interior shows tight leather surfaces, engine bay and chassis are spotlessly clean. Recent award winner at Hilton Head Concours. An accurately restored example of a lesser known BMW.

Market commentary

Beautifully restored but unfortunately neither beautiful nor fast. Or well known, for that matter. This is an interesting car and bidders were willing to spend $260,000 for interesting. The seller thought interesting was worth more and now faces the difficult task of finding a buyer who agrees.