BMW is the king of the luxury automotive world. They’ve got the best sales and their rivals are struggling to overtake them. But things were different in the 19050’s, when the company was almost bankrupt. That’s when they turned to making cheaper models.
This 1958 BMW Isetta 300 was brought to the 2007 Monterey Sports & Classic Car Auction presented by RM Auctions, where it had an estimated value of $20,000 - $30,000.
It was offered without reserve. Power is from a 18.2 cubic-inch single-cylinder engine with an overhead valve and an available 13 horsepower. There is a four-speed manual gearbox and drum brakes on all four corners. The car rests on a small, 59.1-inch wheelbase.
The Isetta 300 pictured here benefits from a recent repaint in a two-tone scheme that complements the lines of the bodywork, and is in period style. It is to correct specification in all major respects including chrome trim and front fenders, and retains the original odometer and gas gauge.
The interior is in white and gray vinyl, with the sunroof top in matching gray. Condition throughout is fair, though the chrome brightwork shows some blemishing.
Much to the amazement of many, this vehicle proved that the collector car market for small vehicles is alive and strong, as bidding surpassed the estimated value and settled at $35,200 including buyer's premium.