Crusty 502 Monterey

[Bob]

Local car dealer got in a relic state '60 502. Looks like it has been sitting 40+ years. Dealer looking for "in the $40k range"

 

[adawil2002]

Is that ad Dodi's?

 

[Bob]

Yeah that's the place

 

[Wes]

Those things hide rust better than the E9.
Ask me how I know..

 

[CSL177]

Ahhh, Dodi's... the BHCC of Monterey. He's getting ambitious... a dozen years ago, one could contemplate buying a cheap beater for the week, take it to the Concours d’LeMons and abandoning it afterwards. This is priced too high by a factor of ten for that. The only thing he has at the moment I'd do that with is a poor old Corvair, but it's not LeMons enough.

 

[Markos]

Are 502’s really this valuable? I ignorantly assumed that nobody cares about these pre-NK land sharks.

 

[Wes]

Are 502’s really this valuable? I ignorantly assumed that nobody cares about these pre-NK land sharks.

They have a following but not as popular as the NK or later stuff. They rust like mad and parts are hard to find - sound familiar.
They do run a nice alloy V8 though. I've one in the shed. One day I might drop it into an E30 for giggles.

 

[craterface]

What's a V8 block worth? Along with a bunch of trim parts? 10 grand?

40 is silly money.

 

[vince]

To me, these are some of the ugliest cars ever made. There is nothing redeeming about their styling, not one good line on the car. Even when these cars were new, their design looked 20 years old.

 

[Candia4441]

Local car dealer got in a relic state '60 502. Looks like it has been sitting 40+ years. Dealer looking for "in the $40k range"

very nice car but the problem will be a parts as it is we have a hard time to fined a parts for our E9 how can we fined a parts for this one but when is restored that will be one of the kind BMW

 

[adawil2002]

very nice car but the problem will be a parts as it is we have a hard time to fined a parts for our E9 how can we fined a parts for this one but when is restored that will be one of the kind BMW

Some cars are worth being saved, honestly this is a parts car & nothing too special about a 502 coupe or sedan. I the grand scheme of post war BMWs the 502s are quite common compared to the 502 Cabriolet, 503 Cabriolet & Coupes & 507 Cabriolets.

 

[Bob]

1960 BMW 502 - cars & trucks - by dealer - vehicle automotive sale

1960 BMW 502 Sedan Ready To Upgrade Your Ride Today? We Make It Fast & Easy! Call (or text) ☏ Dodi Auto Sales 2240 Del Monte ave, Monterey , CA 93940 Or use the link below to view more...

losangeles.craigslist.org

 

[adawil2002]

Worldwide Auctions in Auburn Indiana just sold a 1956 502 for $13,440

1956 BMW 502 Sedan - Worldwide Auctioneers

worldwideauctioneers.com

 

[Wes]

Some cars are worth being saved, honestly this is a parts car & nothing too special about a 502 coupe or sedan. I the grand scheme of post war BMWs the 502s are quite common compared to the 502 Cabriolet, 503 Cabriolet & Coupes & 507 Cabriolets.

Don't think there is a 502 coupe per se, other than a few specials modified by coach builders at the time, these are pretty rare.
The later 502's run an alloy V8 (usually a 2.6L). I've heard of the motors being transplanted into later cars. Image an E21 running a twin carb alloy V8...