Larry Wood designed this one, first appearing in the 1990 Hot Wheels series. There are two almost identical iterations of the First Edition model, one of which features a BMW stamping in the rear.

I am considering giving up on the Hot Wheels Mainline series. Once you've had a Premium model, the basic cars don ... on its way to a store near you. The BMW 507 is the Super Treasure Hunt item ...

The Hot Wheels Legends Tour is underway again, searching for the next car to be immortalised in miniature die-cast form.