The BMW 700 was an economy car designed by Giovanni Michelotti and built from 1959 to 1965. Following a cue from the Fiat 500, the BMW 700 was both unitbody construction (a first for BMW) and engine was placed in the back. Find this 1961 BMW 700 offered for $11,500 in Pueblo, CO via craigslist. Tip from FuelTruck. 