Elvis Presley's 1957 BMW 507 is fully restored to its original glory in Germany

A rare BMW once owned by the king of rock and roll Elvis Presley has been found and restored. 

The 1957 BMW 507 was fully disassembled, revamped, repainted and put back together to restore its former glory at BMW in Germany.

Presley originally purchased the car while stationed in Germany with the US Army in 1958.

A rare 1957 BMW 507, which was originally purchased and owned by the king of rock and roll Elvis Presley, has been restored

Only 254 of the cars were ever made and today they sell for as much as $2.5 million if they are sold in perfect condition

Presley's former car had numerous owners over the years but once it was confirmed this was the king's car, BMW bought it

The car was previously used for racing before Presley bought it and was a hot commodity of the time. 

When Presley purchased the car the paint was white, but rumor says so many fans wrote notes to the king of rock in lipstick he eventually painted it red.  

Once he headed back to the states in 1960, Elvis brought the car along with him. 

He soon traded it in to a dealer who re-sold it for $4,500.

Only 254 makes of the model were created of the 507 making them incredibly rare.

The car was given a mixture of old and new parts in order to restore both the inside and the outside of the famous vehicle

BMW also repainted the car its original shade of white. Presley had had the car painted red after he purchased it because fans would write notes in lipstick on the body of the car 

Over the years the car was given various upgrades like a Chevrolet V8 engine. When BMW bought the car they restored it with a BMW 3.2-liter V8 (pictured)

They sell for as much as $2.5 million today in perfect condition. 

Presley's model was modified with a Chevrolet V8 engine and new gearbox and rear axle. 

After changing owners over the years it eventually came to Jack Castor, a car collector who stored the vehicle in a 'pumpkin warehouse' in Alabama. 

In 2006, the car was confirmed as the same one owned by Presley and BMW purchased the car from Castor.  

Jack Castor, a car collector who stored the vehicle in a 'pumpkin warehouse' in Alabama, was the last person to own the car before BMW bought it 

Castor invited BMW out to check the car's serial number and confirm that it was indeed the same car Presley had once driven

Before it was refurbished the steering wheel had accumulated dirt and grime and some of the paint had been damaged and chipped away 

Two years ago the car was shipped to Germany, and fully restored with a mix of new and old parts.   

The finished look saw the car painted in its original coat of white. 

Although the car is not for sale, it will make a public debut at the Pebble Beach Concours d’Elegance on August 21.

The ultra-rare classic has now been completed after tireless refurbishing and bodywork and will soon be displayed to the public

Car fanatics and Elvis Presley fans will be able to catch a glimpse of the BMW at the Pebble Beach Concours d’Elegance on August 21