BMW 507 Roadster Appraisal

A rare, mid-1950s German roadster famed for graceful coachwork and a V8 growl, it requires careful appraisal—provenance, condition, and auction trends determine the value of the BMW 507 Roadster.

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I was in dire need of an appraisal for my father's mobile home, which he needed for Medicaid approval. I couldn’t find anyone to do it for a long time, but then I found this company online and decided to give them a try. I’m so glad I did. They were wonderful to work with. I sent the pictures, and within just a few days I received the appraisal. They are absolutely worth the money.

The appraisal was done very well. Since he was a local artist here in Charleston, SC, they took the time to study and review Jim Booth’s art. His work has made him extremely famous, which can make an appraisal challenging, but they did a superb job and clearly explained how they arrived at the appraisal value. I highly recommend Appraise It Now and will use them again for all my artwork.

These guys were phenomenal. Joe was very responsive and gave clear instructions on how to submit my information for the appraisal, which he completed in a very quick timeframe. The appraisal itself was extremely detailed and included a thorough explanation of how they arrived at the value. It came with extensive documentation, and it’s clear they did a significant amount of research. They were also very responsive through text and email and always available to answer any questions. I had them appraise my fifth-wheel RV for resale, and I highly recommend their services. I will definitely use them again.

It is a pleasure to work with Joe and his team. They communicate every step along the way and made the process simple for us to have more than 35 firearms appraised. It was all done in a timely manner and the final report is easy to understand. I highly recommend their services.

I was very happy with the work put in on my totaled car appraisal. They did the appraisal quickly and VERY thoroughly. I felt like my insurance company gave a very low appraisal and Appraise It Now was very competitive, realistic and true to my expectations. The best part was they did a stellar job negotiating with my insurance company. I feel great about their work.

I was very pleased with the service from AppraiseItNow. They responded quickly, offered fair pricing and turnaround, and the appraisal was done by a highly qualified expert. I provided details, photos, and records, and the final report was exactly what I needed. Fantastic service. I’d definitely use them again.

Very thorough and professional — great communication and outstanding service. Highly impressed with their work!

AppraiseItNow Inc. is the best company I was lucky to find by accident. I was looking for someone to appraise cabinets for a donation to charity. I asked for multiple referrals, called multiple appraisal services, etc., and no one could help me. I found AppraiseItNow and from the moment I started working with them, they were wonderful! Joe guided me on what I needed to send him, what needed to be done and stayed in touch with me the entire time. Their customer service is OUTSTANDING and a welcome surprise in today’s world where good customer service is an anomaly! They returned an appraisal in a timely manner, it was clear, concise, cost-effective and exactly what I needed. They followed up with me multiple times to ensure that I received it and everything was OK. My CPA is also thrilled to have them as an accredited appraisal service he can use for other clients. I rarely leave reviews, but I could not pass giving them 5 stars and I’d give 10 if possible! THANK YOU JOE AND ALL AT APPRAISEITNOW!!👊🏼

We were amazed at their professionalism in working with us and the quality of the final appraisal report. And all for thousands less than other appraisers.

I asked AppraiseItNow to value a piece of sports memorabilia for purposes of a charitable donation. The item is rarely sold. Their research unearthed an important recent sale of a similar item, which I had not found previously, and which the first appraiser I used had not found either. AppraiseItNow was a good deal more expensive than the first service, but they crafted a detailed report in which I have much more confidence. They also helped me make sure the correct tax forms are used. Thank you!

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How much does an Automobile appraisal cost?

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Most Household Goods engagements fall within this range. Larger or unusually complex collections may require a custom quote.
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What Drives Cost?
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BMW 507 Roadster Facts

<ul> <li>First introduced in 1956</li> <li>Designed by Count Albrecht Goertz</li> <li>Sleek and elegant body design</li> <li>Powerful 3.2-liter V8 engine</li> <li>0-60 mph in around 10 seconds</li> <li>Top speed of over 130 mph</li> <li>Only 252 units produced worldwide</li> <li>Highly sought after by collectors</li> </ul>

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<h1>How to Get Your BMW 507 Roadster Appraised</h1> <p>The BMW 507 Roadster stands as one of the most iconic sports cars ever produced, commanding admiration from collectors and enthusiasts worldwide. If you own or are considering purchasing a 507, understanding its value—which typically ranges from <strong>$250,000 to $350,000</strong>—requires professional expertise and market knowledge. Whether you're buying, selling, or insuring this German masterpiece, a certified appraisal ensures you have accurate documentation and fair market assessment.</p> <h2>Understanding BMW 507 Roadster Value in Today's Market</h2> <p>The BMW 507 represents a remarkable convergence of design brilliance and engineering excellence. Designed by legendary BMW stylist <strong>Count Albrecht Goertz</strong> between 1956 and 1959, only <strong>252 units</strong> were ever produced worldwide, making it exceptionally rare. This limited production run fundamentally underpins the 507's desirability and valuation premium in the collector's market.</p> <p>When evaluating what a 1956 BMW 507 is worth today, condition, originality, and provenance become critical factors. The 507's sleek, long-slung body and distinctive twin-kidney grille remain instantly recognizable, while its 3.2-liter V8 engine—producing 150 horsepower and capable of 0-60 mph in approximately 10 seconds with a top speed exceeding 130 mph—represented cutting-edge performance for its era. These specifications, combined with the car's technical sophistication and innovative design, explain why the BMW 507 remains so collectible.</p> <div class="callout tip"><p><strong>Market Reality</strong></p> <p>BMW 507 prices have appreciated significantly over the past decade, with well-documented examples consistently reaching the upper end of the $250,000-$350,000 range at major auction houses.</p></div> <h2>Why Professional Appraisal Matters for Your 507</h2> <p>Obtaining a professional appraisal from certified experts—whether through organizations like AAA, ISA, ASA, CAGA, or AMEA—provides comprehensive documentation essential for multiple purposes. When you're evaluating your BMW 507 Roadster's value for <a href="/types/automobile">automobile appraisals</a>, a certified assessment establishes fair market value based on condition, mileage, originality, and current market demand.</p> <p>The challenge with classic cars lies in their inherent variability. Two 1957 BMW 507s can command dramatically different prices based on factors like original factory specifications, service history, restoration quality, and ownership provenance. A professional appraiser examines these nuances comprehensively, protecting your financial interests whether you're purchasing, selling, or insuring this valuable asset.</p> <p>Professional appraisals also provide essential documentation for insurance purposes, ensuring your <a href="/blog/using-automobile-appraisals-for-insurance-purposes">automotive coverage</a> reflects true replacement value. This becomes particularly important with vehicles in the $250,000+ range, where standard insurance policies often prove inadequate.</p> <h2>Key Factors That Influence BMW 507 Valuation</h2> <p>Several specific elements dramatically affect your 507's appraised value. <strong>Matching numbers</strong>—where the engine, chassis, and transmission all carry corresponding factory serial numbers—can add 15-25% to valuation. This authenticity verification requires detailed inspection and documentation review that professional appraisers conduct systematically.</p> <p>Original factory specifications matter considerably. A 507 delivered with its original leather interior, specific color combination, and period-correct accessories commands premium pricing over examples that have undergone cosmetic modifications. Some collectors specifically seek examples with their original Blaupunkt radios or specific wheel patterns, making documentation of original equipment crucial for accurate valuation.</p> <p>The 507's provenance and ownership history influence desirability significantly. Cars with documented celebrity ownership, competition history, or museum exhibition records often achieve valuations at the higher end of the market spectrum. Understanding these ownership narratives requires research capabilities and market knowledge that certified appraisers bring to the valuation process.</p> <div class="callout note"><p><strong>Condition Assessment</strong></p> <p>Paint condition, chrome plating quality, interior preservation, and mechanical soundness each contribute meaningfully to the final appraised value, requiring expert evaluation.</p></div> <h2>The BMW 507 in Popular Culture and Collecting</h2> <p>The BMW 507's cultural significance extends beyond its technical merits. The car achieved lasting fame through association with notable figures—most famously, was Elvis Presley a 1956 BMW 507 owner? While Elvis owned a BMW 507 during his time in Germany while serving in the U.S. Army, much of the mystique surrounding his specific vehicle remains disputed among historians. Regardless, this cultural connection maintains the 507's position in the automotive consciousness and supports collector demand.</p> <p>When asking what is the most collectible BMW ever made, many enthusiasts point to the 507 alongside models like the M1 and early M3 variants. However, the 507's status as a pre-modern classic—designed before contemporary safety and emissions regulations—adds to its historical significance and desirability. This positioning makes understanding <a href="/blog/appraising-vintage-and-collectible-cars-determining-their-true-worth">vintage and collectible car appraisals</a> particularly relevant for owners considering sales or estate planning.</p> <h2>Comparing BMW Values and Investment Potential</h2> <p>While discussing which BMW holds its value best, the 507 consistently ranks among the top performers, with historical appreciation data showing strong returns. From modest valuations in the 1970s, prices have escalated dramatically as the collector market has matured and wealth has increased globally. This appreciation trajectory suggests the 507 continues representing a sound collectible investment, though at a much higher entry point than earlier decades offered.</p> <p>The question of how many BMW 507s are left—approximately 230-240 remaining examples worldwide—underscores the vehicle's increasing scarcity. As original owners age and vehicles change hands through estates, the remaining supply continues diminishing, supporting valuations and collector interest.</p> <h2>Documentation Requirements for BMW 507 Appraisals</h2> <p>Professional appraisers require comprehensive documentation to accurately value your 507. Essential items include the original purchase documents, service records, title history, restoration documentation, and any competition participation records. High-quality photographs from multiple angles—including undercarriage, engine bay, and interior detail shots—support the appraisal process and provide essential reference material.</p> <p>When conducting <a href="/blog/get-the-most-out-of-automobile-appraisal-evaluations">automobile appraisal evaluations</a>, certified experts examine original documentation like factory delivery receipts, owner's manuals, and technical specifications. These materials help establish originality claims and verify factory options, both critical for valuation accuracy.</p> <h2>The Appraisal Process and Timeline</h2> <p>Understanding what to expect during professional automobile appraisal helps you prepare appropriately. The <a href="/blog/what-to-expect-during-an-automobile-appraisal">appraisal process</a> typically involves an in-person inspection where the appraiser examines mechanical systems, body condition, paint depth, interior preservation, and overall functionality. For a BMW 507, this comprehensive evaluation usually requires 2-3 hours depending on the vehicle's condition and complexity.</p> <p>Professional appraisers conducting <a href="/blog/the-benefits-of-professional-automobile-appraisal-services">automobile appraisal services</a> will test mechanical systems, verify paint authenticity using modern analysis equipment, examine panel gaps and alignment, and assess interior wear patterns. This systematic approach ensures nothing gets overlooked and provides thorough documentation for insurance, sale, or estate purposes.</p> <h2>Protecting Your Investment Through Proper Appraisal</h2> <p>Insurance coverage for a $250,000-$350,000 vehicle requires specialized policies that protect your financial investment. Standard automotive insurance proves inadequate for vehicles of this caliber, making professional appraisal documentation essential for obtaining appropriate coverage. Insurers require current, detailed appraisals before issuing agreed-value policies, ensuring replacement cost protection that matches actual market value.</p> <p>When considering <a href="/blog/how-to-prepare-for-an-automobile-appraisal">how to prepare for an automobile appraisal</a>, gather all documentation, ensure mechanical functionality, and present the vehicle in clean, unmodified condition. This preparation allows appraisers to conduct thorough evaluation without complications and provides accurate baseline data for valuation purposes.</p> <div class="callout tip"><p><strong>Insurance Insight</strong></p> <p>Many insurers require updated appraisals every 3-5 years for vehicles appreciating in value, ensuring your coverage maintains pace with market appreciation.</p></div> <h2>Finding the Right Appraiser for Your BMW 507</h2> <p>Selecting an appraiser with specific expertise in classic and vintage automobiles proves crucial for accurate BMW 507 valuation. AppraiseItNow connects you with credentialed professionals across the U.S. who understand the nuances of early 1950s German sports cars, market comparables, and condition assessment standards specific to vehicles of this caliber.</p> <p>When evaluating appraisal companies, verify credentials with recognized organizations and confirm experience with pre-war and early post-war classics specifically. The appraiser's familiarity with BMW's engineering heritage, production specifications, and market dynamics directly impacts valuation accuracy. Professional appraisers conducting detailed <a href="/blog/what-to-look-for-in-an-automobile-appraisal-report">automobile appraisal reports</a> provide comprehensive documentation suitable for insurance, sale transactions, or estate proceedings.</p> <div class="callout note"><p><strong>Key Takeaway</strong></p> <p>A professional BMW 507 Roadster appraisal provides the accurate, documented valuation essential for buying, selling, or protecting your investment with appropriate insurance coverage. By understanding the factors that drive 507 values and engaging certified appraisers, you ensure your classic automotive treasure receives proper recognition and financial protection in today's competitive collector market.</p></div>
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