The BMW 507 Roadster may be best known for the King of Rock once owning one, but now you will also have a chance.

Take hubcaps—we all know what they are, but many may not realize what function they provide. Below, we break down their purpose to shed light on why vehicles even have them in the first place.

Most vehicles that come with hubcaps from the factory likely have very unattractive steel wheels behind them—what are often called “steelies.” They make your car look cheap and even damaged ...