Elvis Presley's restored 507 to be revealed

Our friends at Carscoops.com report that Elvis Presley’s restored BMW 507 will be revealed soon at Pebble Beach Concours d’Elegance on August 21.

“BMW’s iconic 507 model is one of the brand’s rarest cars, with a production figure of only 252 units. So, every single one (that survived) is extremely valuable, but this Elvis Presley-owned model is in a league of its own.

The story begins when Presley was stationed in Germany, where he originally bought the car. The legend has it that the BMW 507 was white to begin with, but Elvis got tired of women writing their phone numbers on the side of it with lipstick, so he repainted it red.

The 507 had a rough history to begin with, as it was displayed at the Frankfurt Motor Show, used as a press car and raced by Hans Stuck. When Presley actually took delivery of the car (second-hand, obviously), the dealer installed a brand new engine in it.

Not much more is known about it afterwards, but a few years ago, the car was found in Jack Castor’s barn, who purchased it in 1968. It wasn’t in a very good shape to begin with, after staying hidden for most of its life, but BMW vouched to repair, replace and reconstruct its frail body – but not before showing it at the BMW Museum under the “Elvis’ BMW 507: lost & found” exhibition.

Fast-forward two years, and the car is almost ready to impress with its stunning beauty once again, as BMW finished the restoration just in time to showcase it at the Pebble Beach Concours d’Elegance.”