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1959 BMW 501-8 Saloon

Lot Number: 724

1959 BMW 501-8 Saloon

A remarkably original example of BMW's first post-war completely new design.

NOT SOLD

LIVE AUCTION: This lot was auctioned on Saturday 28th September, 2024 at 11.00am BST at Stoneleigh Park, Stoneleigh Rd, Coventry, CV8 2LG

BODY COLOUR
Dark Blue
DRIVE
LHD
REG NUMBER
279 XVN
ODOMETER READING
50627 KM

SUMMARY

A remarkably original example of BMW's first post-war completely new design.

DESCRIPTION

Making its debut at the 1951 Frankfurt Motor Show, the BMW 501 was the German automaker’s first all-new model following the conclusion of World War II
With its soft curves and swooping lines, the 501 earned the nickname 'Barockengel', or 'baroque angel' sharing the aesthetic qualities of the contemporary 'artistic movement'
It featured an all-new platform with a perimeter frame, double A-arm front suspension with torsion bar springs and a live axle at the rear
Initially offered as a saloon, cabriolet and coupé, it was renamed the 501/3 a year later after gaining a larger inline-six
Alongside this updated model, BMW sold a version called the 501-8 with a 2.6-litre V8 engine shared with the more luxurious 502
Dating from the final year of production, the V8-engined 501 four-door offered here appears to have been first UK-registered in 1975
It was sourced and imported from Sweden by our vendor around four years ago
It appears to be largely original and remains cosmetically untouched, although we understand it's in good mechanical order and was driven to Paris and back by our vendor in 2022
A time-warp example of a rare model that can be enjoyed 'as is', or perhaps fully refurbished and taken to the next level over a period of time

SPECIFICATION

Lot Number: 724
Make: BMW
Model: 501-8
Variant: Saloon
Registration Number: 279 XVN
MOT Expiry: Exempt
Chassis Number: 55743
Transmission: Manual
Body Colour: Dark Blue

GALLERY

CONSIGNOR

Richard Greenhalgh
Car Specialist
07948 152921
richard@iconicauctioneers.com

For further information regarding this lot please contact Richard.

CONTACT

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SEE IT IN ACTION

SCORE:

74 / 135

Exterior

Bodywork:

Glass:

Paint:

Chrome:

Trim:

Remarks

Over 50 years old paint which looks presentable yet has some imperfections, scratches, small bubbles and so on commensurate with it’s age.

Interior

Door-Cards:

Carpets:

Seating:

Headlining:

Dashboard:

Boot:

Remarks

Old and tired and yet the seats have no rips and can clean up nicely, the door cards need attention and so does head liner.

Engine

Components:

Appearance:

Starting:

Running:

Remarks

Very good working order. I drive the car regularly and drove it to Paris and back with no issues.

Transmission

Gears:

Clutch:

Drive-Shaft:

Remarks

Very good.

Running Gear

Axles:

Chassis:

Suspension:

Bearings:

Brakes:

Wheels & Tyres:

Remarks

Good working order. Back in 2021 I had the exhausts changed to stainless steel ones with some welding under the car at a cost of £3000.00, invoice is present in the car’s folder. The 4 tyres on the car were changed just before the Paris trip back in July 2022. he spark plugs were changed at the same time. The front brake shoes were redone back in July 2023. The master brake cylinder was changed a week ago to a NOS one. The brakes need to be pressed twice after starting the car and sometimes while driving and feel a bit spongy but work well. They may need to be bled properly. The system is very simple. I drove the car earlier today (at the time of entering the car into the Auction) and it performed well.

Electrics

Minor:

Major:

Remarks

Good working order. The speedometer reads in kms and shows around 52,000kms.

Vehicle History

Remarks

Some history comes with the car. It has a document from Sweden dated May 2019 that shows the car passed the very strict Swedish test which is far more strict than British MOT. There is a repair manual book with photos written in German. The car has 2 instruction books.

Restoration Notes

Import Notes

I sourced and imported the car from Sweden about 4 years ago and I registered it here in uk so I’m the only registered keeper on V5C.

About the Seller Rating

A lot's rating is compiled based on information provided by the seller of the lot. We strongly recommend viewing a lot prior to bidding as we cannot guarantee the accuracy of the information provided by the seller. We will not entertain any disputes over seller rating details.

Poor Numerous faults / Extensive damage / Many missing parts / Project or donor car

Fair Basic condition / Requires attention mechanically & cosmetically / Some damage / Some missing parts

Good Everyday useable classic car / Driven & enjoyed / Commensurate with age & mileage / Drives and looks as it should / Some vehicle history

Very good Almost pristine / Mechanically & cosmetically sound / Driven only occasionally / Extensive vehicle history

Excellent Pristine / Original / Documented nut & bolt ground-up restoration / Stored professionally / Trailered only / Complete vehicle history

Due to venue restrictions, all vehicles must be collected on Monday 30th September between 9am and 2pm.

Any vehicles not collected by this time will be transported to a secure storage facility in Northampton by our transport partner EM Rogers, the charges for which are £175 plus VAT for removal and £10 plus VAT per day for storage. We will make contact post-sale to confirm how you will be removing your vehicle(s). If we do not hear back from you by 5pm on Sunday evening, we will arrange collection with EM Rogers on your behalf.

Did you know that you may be able to finance your upcoming auction purchase? Our exclusive finance partner Apollo Capital are able to organise fast pre-approval for car funding on the latest interest rates and terms, minimum £50k lend.

An agreement in principle could see you arrange a finance package so the funds are ready to be paid out when you’ve bought your dream auction purchase. Please speak to their experts for a quote on 01423 590242 or visit apollocapitalgroup.co.uk/iconicauctioneers/.

A classic car or motorcycle is a source of great pride and enjoyment but, whether your car or motorcycle is in storage or on the road, you’ll need a specialist insurance policy. We have partnered with Howden Insurance a leading insurance brokers with a team dedicated to classic cars and motorcycles. They cover a vast array of classic and vintage models and only work with insurers who provide a great service and share our passion for the classic motor industry.

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