The 502 platform was introduced in 1954 as a V8-powered and more-luxurious derivative of the 501, which had entered production in 1951 as BMW’s first post-WWII offering. While carrying over the bodywork from the previous model, the 502 came standard with extended brightwork and fender-mounted front fog lamps. In addition to the standard saloon body, Baur-bodied coupe and cabriolet variants were also built to order, with the latter entering production in 1955.

Originally finished in Cortina Grey, this…