The 1956 BMW 507 is perhaps one of the greatest, most collectible BMW you’ve never heard of. It was designed by Albrecht Goertz, who was later to design the immensely popular Datsun 240Z, as a way for the German manufacturer to enter the lifestyles of the rich and famous with a splash. Goertz owned a US-based industrial design company, and was well placed to know what would work. The result was an extremely elegant convertible, low and wide with a pinched middle that bore the BMW badge to a tee. Designed to compete with the Mercedes-Benz SL models, it had the look but not the true heart.
The BMW 507 was powered by a potent 3.2 liter V8, producing up to 160 horsepower. In a relatively small car, it made for plenty of excitement and driving enjoyment, with a top speed of about 140 mph, and a 0-60 acceleration time of 9 seconds. Power was transmitted to the rear wheels through a four-speed manual transmission, and the 507 benefited from an independent front suspension and a live rear axle. The addition of torsion bars provided the car with an excellent overall driving experience, although it fell short of what really serious drivers wanted.
The 507 remained in production until 1959, and when it was cancelled, only 253 had ever been produced. The quality of the BMW 507, its style and its rarity make it one of the most sought-after BMW by collectors and enthusiasts alike.