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Elvis Presley's BMW 507 has never looked better

After two grueling years of work, BMW Classic is finally finished restoring the 507 roadster that once belonged to Elvis Presley. Now that it is restored to original condition, the vehicle will be on display at this year's Concours d'Elegance in Pebble Beach, CA, on August 18. The 507 will be in the exact same shape as when the King of Rock 'n' Roll took delivery of it on December 20, 1958. Not only did BMW Group Classic bring the 507 back from the scrapyard, it also went to great measures to ensure that the classic was restored in an authentic manner. The vehicle was painted once again in Feather White. But the primer coat, filler, and top coat were applied using methods that were used roughly 60 years ago, giving the 507 a truly original shine. The 150-horsepower 3.2-liter V8 was restored to its original spec, but utilizes a variety of old and new components. Other notable features include a black-and-white interior, center-lock rims, and a Becker Mexico radio. The 507 will be on display alongside numerous vintage BMWs as the company celebrates its centennial. Related Video: Featured Gallery Elvis Presley's Restored 1957 BMW 507 View 20 Photos Related Gallery Elvis Presley's 1957 BMW 507 View 59 Photos News Source: BMWImage Credit: BMW Auto News Celebrities BMW Convertible Classics Pebble Beach bmw 507

Cars with the worst resale value after 5 years

While the old saying that cars lose a massive chunk of their value as soon as they’re driven off the dealerÂ’s lot might not be entirely true these days, most new vehicles steadily lose value as they age and are used. iSeeCars recently released its latest study on depreciation, finding the models that lose value the fastest, and the list is packed with high-end nameplates. The vehicles that lost value the fastest over five years include: Maserati Quattroporte: 64.5% depreciation BMW 7 Series: 61.8% Maserati Ghibli: 61.3% BMW 5 Series Hybrid: 58.8% Cadillac Escalade ESV: 58.5% BMW X5: 58.2% Infiniti QX80: 58.1% Maserati Levante: 57.8% Jaguar XF: 57.6% Audi A7: 57.2% While sports cars, hybrids, and trucks dominated the list of slowest-depreciating vehicles, luxury brands accounted for all of the top ten fastest-depreciating models. iSeeCars executive analyst Karl Brauer also pointed out EVsÂ’ lack of representation on the slow-depreciating vehicles list, saying that thereÂ’s a disconnect between what automakers are building and what people actually want. The average five-year depreciation for all vehicles in the iSeeCars study was 38.8 percent. ThatÂ’s an almost 11% improvement over 2019Â’s figures, but some vehicle types perform worse than others. EVs depreciated 49.1 percent over five years, while SUVs dropped 41.2%. Trucks only fell 34.8% and hybrids 37.4%. Brauer noted that all vehicles depreciate slower than they did five years ago. Even so, EVs are not the best choice if youÂ’re looking for a vehicle that wonÂ’t feel like a ripoff when itÂ’s time to trade in. On the flip side, used EVs can present a stellar value, saving thousands over their new counterparts. Charging times and availability remain concerns for buyers in large parts of the country, but a heavily depreciated EV could be the used car value youÂ’ve been looking for. The same wisdom applies to used luxury vehicles, as the list above indicates. While new-car buyers shopping for luxury cars are set to see big depreciation during their ownership, that means the used car market is flooded with inexpensive used luxury cars. High repair costs and costly maintenance schedules are real issues that used luxury models face, however. Green Audi BMW Cadillac Infiniti Jaguar Maserati Car Buying Used Car Buying

BMW M3 gets the video retrospective treatment

With BMW on the cusp of pulling back the sheets on its next-generation M3 (or should we say, M4?), the crew from Electric Federal has taken it upon themselves to give us a generation-by-generation look at the evolution of the most renowned of BMW's sports coupes. The video below features plenty of beautiful shots of each generation of M3, starting with the ever lust-worthy E30 before finishing up with the current iteration. BWS Motorsport's Mark Norris provides the narration, complete with a brief synopsis of what makes each generation so special.
As usual, the clip is fit for big-screen viewing. You can watch the action below for yourself. Meanwhile, we'll be busy figuring out which vital organs we can sell to get our hands on our own E30 M3.