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| Gianni Marin, The Motor Car, London House and Maxwell 1963 |
The 507 made its debut in New York in the summer of 1955. Production began in November 1956. The car was intended to sell for about $5,000, when a Ford or Chevrolet was half that, but high production costs pushed the price initially to $9,000 and ultimately $10,500.
The company lost money on each car built, and production ended after four years. Of the two hundred and fifty two built, only fifty are unaccounted for.
The company lost money on each car built, and production ended after four years. Of the two hundred and fifty two built, only fifty are unaccounted for.
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