Classic Van Auction Talk

Wednesday, 3 October 2018

1956 BMW 502 SEDAN - BONHAMS AUCTIONS COLLECTORS MOTORCARS AND AUTOMOBILIA AUCTION Philadelphia Simeone Foundation Automotive Museum Monday 8th October 2018

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BONHAMS AUCTIONS

COLLECTORS MOTORCARS AND AUTOMOBILIA AUCTION
Philadelphia Simeone Foundation Automotive Museum
Monday 8th October 2018



1956 BMW 502 SEDAN
US$ 30,000 - 40,000
£ 23,000 - 31,000
To be sold without reserve


Chassis no. 62416
Engine no. 2440


2,580cc OHV Aluminum V-8 Engine
Single Carburetor
100bhp at 3,800rpm
4-Speed Manual Transmission
Torsion Bar Suspension
4-Wheel Drum Brakes



*Rare BMW model
*Germany's first post-war V-8 passenger car
*Desirable aluminum V-8 engine
*Innovatively engineered and constructed



The BMW V-8


Nicknamed "Baroque Angel" for their exaggerated curves and flowing lines, the BMW 501 and 502 sedans were some of the most graceful and distinctly stylish German automobiles of the post-war era. Luxurious and accordingly expensive, the 502 was built in relatively small numbers, with only 190 examples sold in the first year of production. The V8 powered 502 was distinguished from the six-cylinder 501 with additional interior and exterior trim, and more opulent fittings. Building the Baroque Angel was an expensive undertaking, and it nearly bankrupted BMW in the process. 


THE MOTORCAR OFFERED


This example is a desirable 2.6-liter V8-powered 502. It is presented with a partially completed restoration, with the body restored and finished in cream over brown. The body presents in good condition overall, with respectable paintwork and finishing. Final assembly and detailing have yet to be completed, though a number of exterior trim parts will be included. Like the body, the interior has been retrimmed and presents in very good order overall, needing just final detailing and assembly. equipped with the 2.6-liter version of BMW's all-alloy V8 engine, which, in 3.2-liter form would power the legendary 507 Roadster. The engine is mated to a four-speed manual gearbox, shifted via the column as was common practice for many German cars of the period. The engine and mechanical systems will require attention as part of the restoration work as it has not been run while in the possession of the consignor. This is a rarely seen example of Germany's first post-war V8-powered passenger car, and with much of the cosmetic restoration work already done, a relatively straightforward proposition to return to its former elegance.




ORIGINAL SOURCE 

SELECTED BY: IDRIS THE SQUIRREL

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