1993 Mercedes-Benz 500E

Speculation of value is a crazy thing. Some people go conservative while others shoot for the moon and see where they land. The classic European car market over the past five or so years has exploded and there looks to be no slowing down. The big winners in this market are the rare cars with lower mileage that all of a sudden everyone seems to want. Today’s car, a 1993 Mercedes-Benz 500E, is no different. Rare car, lower mileage, mega reputation and street cred leaving everyone all of sudden wanting one, and the Porsche tax added to it for good measure. The thing about this 500E is that I’ve never seen a price tag this high on the legendary W124.036 before and I still really can’t wrap my head around it. How high is it? Are you sitting down?

CLICK FOR DETAILS: 1993 Mercedes-Benz 500E on Hemmings

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1994 Mercedes-Benz E320 ‘Hammer Tribute’

Last week I checked out a 1983 Mercedes-Benz 500SEL that was styled after the legendary ”Hammer” from AMG. Notice I said styled and not another word because it was exactly that, styled. It looked amazing, as most people agreed, but under the hood was the stock 5.0 liter M117 V8 that wasn’t touched by AMG. Today, we have a different kind of tribute car that still isn’t the real thing, but has a lot more power over stock and still looks just as good.

This is a 1994 Mercedes-Benz E320 Coupe with a 3.6 liter M104 inline-6 engine from AMG swapped in. To go even further, this car has fenders from the legendary W124 500E grafted onto it for that extra wide look that every loves. And just one more thing while I’m at it, it has a 5-speed manual transmission too.

CLICK FOR DETAILS: 1994 Mercedes-Benz E320 ‘Hammer Tribute’ on San Francisco Craigslist

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Feature Listing: 1994 Mercedes-Benz E320 Cabriolet

I can’t say it enough times how special the Mercedes-Benz W124 Cabriolet is. On the outside, yes, it just looks like a W124 coupe with the top removed. But like I said here, it is far from Clarkson breaking a sawzall out and saying ‘How hard could it be?’. Over 1,000 parts needed to be changed to take this handsome coupe and turn it into a handsome cabriolet. No easy task, but then again, this is Mercedes-Benz we’re are talking about and I have faith in them. So should you.

What brings me to talk about the W124 Cabriolet once again is this beautiful 1994 E320 for sale in sunny Georgia. It checks all the boxes if you are looking for a prime example of the model. This is the facelift version painted in beautiful Polar White with blue leather interior and a blue top. The news only gets better from there.

CLICK FOR DETAILS: 1994 Mercedes-Benz E320 Cabriolet on eBay

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1993 Mercedes-Benz 500E

Last week I looked at the legendary E500 that seemed like a really good deal considering the market for these beasts. Today is another W124.036 that also presents good value for the condition this 500E is in. Sporting the lovely Spruce Green Metallic with creme leather like the 600SL I checked out back in the spring, this car just reaffirms why it is one of my favorite colors on 90s Mercedes. Unlike the E500 last week, this one has about 50,000 more miles on it. But taking a quick glance, you could never tell. So how much of a price difference will there?

CLICK FOR DETAILS: 1993 Mercedes-Benz 500E on eBay

Year: 1993
Model: 500E
Engine: 5.0 liter V8
Transmission: 4-speed automatic
Mileage: 152,696 mi
Price: $19,900 Buy It Now

Extremely Rare and iconic “Wolf in Sheep’s Clothing” 1993 Mercedes-Benz 500E Sedan with 152k..Finished in rare Spruce Green over Cream-Beige Leather interior for a stunning color combination…These rare 500E Models were was hand-built in close cooperation with Porsche Engineering Team that modified the engines for this model…With the 500E’s aggressive stance featuring 1.5 inches wider track 0.9 inch lower profile flared fenders side skirts front air-dam and wide tires and over 325hp the 500E sets itself apart from other E-Models. These models were built only from 91′-94′ and only have production numbers just over 10000 units making these extremely desirable on the market. This particular 500E has been extremely well maintained throughout it’s life and has an accident free history and clear Title. This was primarily a Pennsylvania Car for it’s entire life and shows no rust anywhere on the vehicle…Please give us a call for more information or to schedule a test drive or showing…978-631-1968..

Our friends on the 500E Board have a nice paper trail of how many times this car has been sale in the last couple years — which is a few. It started out at a private seller, then to a used dealer, another used dealer, sent to an auction and now is up for sale here north of Boston at another used dealer. Luckily, the car looks like it has been well cared for in the many hands it has seen in terms repairs it has needed because the photos when it was first listed for sale back in 2012 are a lot different from the ones we see today. Everything looks really nice on this car outside of the unfortunate aftermarket stereo it gained last year. This .036 does has aftermarket headlights but I can live with them over the standard US spec lights. With any car, I’d really want to see if this car had a transmission work or any other 500E specific problems that have been remedied.

This car being offered at $19,900 is reasonable seeing where prices are at for these cars and the comparables on the market. Spruce Green isn’t everyone’s cup of tea so it will turn away some people, but that won’t hurt this one in finding a buyer. A $3,000 price difference for 50,000 miles might not seem like a good trade-off from last week’s car, but the low production combined with hot market that these cars are in skew the market sometimes so this is to be expected. Personally, if I had the $20,000 to spend, I wouldn’t stay away. Just keep it away from the winter months and your $20,000 investment shouldn’t decrease all that much.

– Andrew

1994 Mercedes-Benz E500

Last week I checked out a W124 300E Sportline and broke down why that for the money, it was a really good buy if you didn’t want to splurge on the king W124. Well, it is a new week and the king is still alive and thriving. What we have today is the last year of the 124.036, a Brilliant Silver 1994 for sale in California. In my opinion and probably many others, the 1994 is the most desirable because of the face lift that makes this W124 look just about perfect. Of course, ‘just about perfect’ comes with a cost. But even in this current market, it’s not as expensive as you would have guessed.

CLICK FOR DETAILS: 1994 Mercedes-Benz E500 on eBay

Year: 1994
Model: E500
Engine: 5.0 liter V8
Transmission: 4-speed automatic
Mileage: 105,975 mi
Price: $23,000 Buy It Now

 

Single owner and still on the original title – Sold new in Washington state on 12/301994 – Regularly serviced.
10k miles accumulated over the last 10 years – Just out of storage – Clean Carfax – Handbooks – MB Vehicle Master Inquiry on hand.
No alterations except a driver’s door cup holder.

This small series of Mercedes was a collaboration with Porsche and the 500E and E500 are known by Porsche as Type 2758 in that company’s official nomenclature.
Each 500 E was hand-built by Porsche, being transported back and forth between the Mercedes plant and Porsche’s Rossle-Bau plant in Zuffenhausen.
Assembly required a full 18 days to complete each model.

Just serviced including fuel filter/air filters – New engine/trans mounts – New brake rotors/pads front and rear – New rear suspension accumulators.
Differential fluid change – New tires – New headlight/windshield wiper blades – Cold AC – Likely original upper engine harness.
Good switch gear/accessory function except: Radio volume erratic, CD changer inop, passenger ft. power headrest inop.

Drives beautifully, smooth, quick and quiet. Perfect idle – An inexpensive example of an appreciating Young Mercedes-Benz Classic.

Roy Spencer @ 650-343-7980 – Global shipping gladly arranged – Pre-purchase inspections available locally.

This E500 can be viewed at my facility in Burlingame, CA – 5 minutes south to SFO.
Providing the Mercedes-Benz community exceptional cars for 26 years.

A quick glance at this E500 and it looks like a real winner. I would have never guessed it had over 100,000 miles based on how fresh everything looks. On the exterior it looks nearly flawless but the interior isn’t up to the same standard, which I understand. There is the typical cracking wood and a little bit of wear on the seat bolster but nothing that is unsightly or a real detractor. The seller does say this car has a few little issues with the radio and CD changer as well as a headrest that doesn’t work. One thing that does raise an eyebrow is the upper wiring harness does look original. While this isn’t the end of the world, it is something to budget for if you were to buy this car. On the plus side, the seller does say he has the vehicle master inquiry which basically has all the services done to the car at a Mercedes dealer. I’m really curious to see if this car has had its transmission rebuilt but I’m sure those questions could be answered if you are a serious buyer.

My reaction to this E500 being listed at $23,000 is of agreement. The market for these cars is really crazy right now with some in the $30,000 range all the way up to over $70,000 for really low-mileage examples. If you are to snag an E500E in the low teens, you are probably going to be looking at many thousands of dollars in “catching up” on these cars with no end in the sight on some. So if you pony up and pay now to buy a nice one like this, I think you’ll be rewarded with a really nice vehicle that probably won’t lose any value. Like anything, just do your due diligence before pulling the trigger on one of these. They are extremely sublime cars if everything is taken care of. If not, I hope you have a lot of time and money.

– Andrew

1992 Mercedes-Benz 300E Sportline

Usually when the Mercedes-Benz W124 is brought up it is all about the 500E, Cabriolet or sometimes the diesel. This is for good reason, of course. Lost in that discussion in the lowly 300E/E320 and “not-quite-500E” 400E/E420. But often forgotten is the 300E Sportline. The Sportline was an option on W124s and W201s for a few years in North America as a way to get your kicks out of a Mercedes-Benz sedan without ponying up over $80,000 (!) for a 500E. In all honesty, the option list wasn’t all that bad for the Sportline package. You got a bunch of different suspension components, wider wheels and tires, a quick ratio steering box, a smaller steering wheel and the same seats out of the 500E. Yes, that means that you did in fact get rear individual back seats with bolstering. That bad part is that you didn’t get any extra power out of the soon to be expired M103, but you take what you can get from the conservative Germans when they give it to you. Now 25 years later and most of the regular 300E cars are trashed, even finding a Sportline is a tough task. But this 1992 for sale on Long Island just might the one to snag up.

CLICK FOR DETAILS: 1992 Mercedes-Benz 300E Sportline on Long Island Craigslist

Year: 1992
Model: 300E Sportline
Engine: 3.0 liter inline-6
Transmission: 4-speed automatic
Mileage: 132,500 mi
Price: $4,800

1992 Mercedes Benz 300E Sportline 132k Black on black leather original paint.
Excellent condition meticulously maintained. Real sweet car with no issues,
Drives nice, handles tight. It’s a Sportline.
Very clean interior and exterior. Needs nothing but a new caring home.
Preferably with a garage.
Up to date on all maintenance, well sorted.
Parts replaced in past 6000 miles from March of 2014
New tires 4 matching Michelins
Oil and filter every 2000 miles Rotella T6
EHA valve
Radiator Belt and Tensioner
Air Filter
Brake Fluid flush
Fuel Pumps Filter Hangers and Fuel Line
Water Pump Upper hose and Bypass Hose with Thermostat
Braided Stainless Brake Hoses
Cap Plugs Rotor Wires
Tranny Fluid and Filter
Motor Mounts and Tranny Mount
Shifter Bushings Front Flex Disk
Ball Joints and Front Struts
Ignition switch
Oil and Filter T6
Sway Bar Bushings
Fuel Injectors with seals and holders
Air Flow Boot and Idle Air Hoses
Valve Cover Gasket
Brake Fluid Flush
Tie Rods and Center Link with Damper
Rear Shocks Bilstein Sports
Oil and Filter T6
Voltage Regulator
Defrost Pod
Idler Arm
Fan Clutch
Oil and Filter T6
Coolant Flush Zerex
All with dates mileage and receipts
Needs a new home.
$4,800

Usually when I see these pop up for sale every so often they fall in the category of either someone has no idea what it is and thinks it’s just a regular lowly 300E or the enthusiast who knows what it is and treats it as such. Thankfully, the latter is true with this car. Looking at the Craigslist ad, this owner really loves this car and takes care of it as such. There is a laundry list a mile long with repairs and maintenance such as changing the oil every 2,000 miles. Probably not needed, but more power to him. This is the kind of old used Mercedes you want to buy. Everything is done, no surprises, no stories. I can’t tell you how many times I’ve bought cars or looked at cars that didn’t seem all that bad, then a year and a half later I’m still buying parts and checking things off a list that needs done.

At $4,800, this asking price is totally fair. You are paying a little bit of a premium, but it’s worth every penny. These cars in general don’t trade for that much more than a comparable 300E, which is kind of disappointing, but I understand. Those who want a W124 usually go big or go home. A regular 300E is unsatisfying to say the least when you know what the chassis is capable of, but the Sportline gives you a nice taste while saving you an easy $15,000 over a 500E. So if you have 500E tastes but can’t justify the cost, this 300E Sportline surely can give you some of that enjoyment.

– Andrew

Roll the dice? 1992 Mercedes-Benz 500E

Bet big to win big, right? Today might be one of those situations. What we are looking at is a 1992 Mercedes-Benz 500E with a hair under 50,000 miles. This is obviously very good in the big picture. But the real pictures you are seeing show a different story. This monster W124 is so dirty you can’t tell the condition of the paint, the tires are nearly flat and the seller has no real information on the car other than it’s just been sitting in the driveway for at least a year.

Ready to gamble?

CLICK FOR DETAILS: 1992 Mercedes-Benz 500E on eBay

Year: 1992
Model: 500E
Engine: 5.0 liter V8
Transmission: 4-speed automatic
Mileage: 49,396 mi
Price: No Reserve Auction

Low mileage because owner collected many cars.

Grille is 1993 version. Has been sitting in driveway at least 12 mos, battery may need to be replaced. Tires appear low. Can probably be driven after battery is charged. But current registration is for planned nonoperation. This is not an estate sale.

Interior of car is very new looking.

Previous license was 3CLH104 prior to a rear-end accident where license plate was lost.

The 500E is a dilemma if I’ve ever seen one. These are no doubt valuable cars and the current market isn’t slowing down on them. Any E500E that is in any kind of decent shape is usually bringing $12,000 right off the bat even for cars pushing the 200,000 mile mark. Once you start getting into lower mileage cars that are very well sorted you can hit $30,000 very easily and head all the way up to $150,000 for Jerry Seinfeld’s 500E.

A couple of things about this car I find interesting. First is that it has been updated to the 1994 facelift look. This is a modification that doesn’t come cheap so those that do it, usually love their 500E. Inside, the interior looks good enough with no major flaws although a bit dirty. Everything can be cleaned, but ripped seats, broken wood and cracked dashes are when things start getting expensive. But the real mystery is the actual mechanical condition. You can easily spend $10,000 trying to rehab one of these cars back to good health and unless you can actually go see this car in person, you are basically bidding blind. There is no indication of updated wiring harnesses, oil tube replacements, EZL condition and most importantly anything about the health of the transmission.

I’m really curious to see where this one ends up. You can basically fix everything wrong with these cars, but you can’t fix high miles. If bidding stays somewhere reasonable, which it probably won’t seeing as it’s at nearly $10,000 already, then it’ll be worth it to gamble on. But if someone pays over $20,000 and finds out it’s a total disaster? Well, hope the market keeps climbing with these.

– Andrew

1993 Mercedes-Benz 500E

As followers of my posts will know, I love cars that conceal their heightened performance behind austere exterior styling. The 500E is a particular favorite of mine. Around 1,500 of these were imported to the US between 1991 and 1994. Based on the W124 chassis E-class, the “wolf in sheep’s clothing” was the product of a joint venture between Mercedes-Benz and Porsche. The chassis would pass back and forth between the two manufacturers as it was assembled: the car got beefier brakes from the SL, upgraded suspension, a wider track and a glorious 5.0 liter V8 motor. A 0-60 MPH sprint time of about 5.5 seconds, top speed of 160 MPH and total power output of around 322 hp might not sound all that impressive now. But those were very respectable numbers for the time, especially for such a large sedan. By the mid-2000s, the 500E had become somewhat overlooked, passed over by many in favor of the BMW M5. But in the last five years there has been a resurgence of interest in these cars. Values have begun to climb as a result.

CLICK FOR DETAILS: 1993 Mercedes-Benz 500E on eBay

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1995 Mercedes-Benz E320 Estate

I’ve gushed over the W124 Estate before and really can’t say enough about this wonderful vehicle. It has everything you really would need out a wagon, even in 2017, all while not breaking the bank when it comes to maintaining and repairing it. But like all cars that get old, finding a really nice one can become a little bit of a tough job because these were at the end of the day still station wagons. People bought them for their utility to use. I highly doubt the majority of the buyers out there treated these as a garage queens because lets face it, they had R107s and R129s for that. So when this mint 1995 outside of Boston popped up for sale, I had to take a closer look. But fair warning, the price on this one isn’t cheap.

CLICK FOR DETAILS: 1995 Mercedes-Benz E320 Estate on eBay

Year: 1995
Model: E320 Estate
Engine: 3.2 inline-6
Transmission: 4-speed automatic
Mileage: 87,975 mi
Price: $16,800 Buy It Now

1995 Mercedes Benz E320S W124 chassis station wagon, S/N WDBEA92EXSF338486, 744 Brilliant Silver with grey MB Tex upholstery, 3.2 litre in-line 6 cylinder gas engine, automatic transmission, power front seats, factory power steel sunroof, climate control, factory rear facing 3rd seat with 3 point seat belts, original owner’s manuals, one of 4,607 E320S wagons imported by Mercedes Benz North America in the final year of W124 chassis manufacture. Clear CarFax title history. To see additional photos, please send us a note and we’ll send a link to the complete photo file. Nationwide and international delivery arranged from our suburban Boston showroom. We reserve the right to end the auction early. For more information about Copley Motorcars, please refer to the “About Me” button in this listing. Telephone: 781.444.4646

This final year W124 Estate is probably one of the nicer ones I’ve seen in a while. The interior is nearly spotless and the crack-free, highly polished wood just really pops. The outside looks great without as much as a stone chip let alone any rust spots. However, it’s not a perfect car as the temperature readout on the instrument cluster is starting to fail. Not a huge deal, but it can be an eyesore every time you look down. I am also a little curious to see what the engine looks like as the M104 is known to have an oil leak or two, especially on the back of the head.

Now about the price. I totally get why Copley Motorcars is asking nearly $17,000 for this W124. There is without a doubt a buyer out there who had one of these when they were new or nearly new and just loved it. Then sadly, they probably traded it in on a W210 estate or even worse, a first year W163 ML and never felt the same way. This is a chance to relive those great times by filling the back of this wagon with supplies and the family golden retriever to depart to their vacation home on Martha’s Vineyard because they can afford such luxuries in life like buying a 22 year-old Mercedes-Benz station wagon for $17,000. This value for someone buying this one is far more than just the car itself. There is no way this is actually worth the $17,000 when you can find nice examples just like this one for less than half the price. It’s just the sellers trying to capitalize on someone trying to relive a memory of great times, whether they were driving or riding in the 3rd row seat. Now whether or not someone is willing to pony up a huge premium any time soon is anyone’s guess, but I wouldn’t bet against it.

– Andrew

1991 Mercedes-Benz 300TE 4Matic

A little over a month ago Craig looked at a nice 1991 Mercedes-Benz 300TE 4Matic. Today’s vehicle is another 1991 300TE 4Matic, although this one has a little different backstory. This Ice Blue Metallic W124 estate for sale in Central Pennsylvania is actually a Japanese market car that made its way to Canada before heading to Pennsylvania. This means it has some cool options and a slightly different look than what you are used to seeing. Now before you get too excited, there are some things about this specific 300TE that I’m not too crazy about. Let me explain.

CLICK FOR DETAILS: 1991 Mercedes-Benz 300TE 4Matic on eBay

Model: 300TE 4Matic
Engine: 3.0 liter inline-6
Transmission: 4-speed automatic
Mileage: (186,000 km) 117,000 mi
Price: $4,299 Buy It Now

This beautiful Mercedes 300TE 4Matic has been a daily driver in Nova Scotia and Pennsylvania since 2014. It is a super rare Mercedes. They are just a great car and is still the car I drive to and from work. I have also driven it long distances without issue. This car’s import VIN is WDB1242901F202795.

It is in very good condition on both the inside and outside and has never been in a wreck of any sort. There are 3 noticeable spots from rusting and they are ALL shown in the pictures: Under front driver’s side headlight and again behind the taillight on same side, and a small rust spot on back door. Overall, the body shows little wear for a 1991. The paint is in very good condition. A new clear coat was done in 2013. There are no dents in the car and there are few, if any, noticeable dings. The interior needs a good, professional cleaning and we will do that before delivery. This interior is so far superior to the leather they used to put into these cars. It just holds up. Blue in color, there are no rips, tears or major stains and the wear on the seats is minimal.

There is no cracking in the dash! And the veneer wood detailing is in pretty good shape and all there.

This is our 10th used Mercedes and I must say, the W124 models are the most durable and well-engineered Mercedes we have ever had. This particular model is often considered the series (following the W123) that began the Mercedes engineering revolution. Anti-lock brakes, 4Matic AWD (very hard to find), the steel cage, etc., all reflect the W124’s uniqueness. That is why they are SUPER hard to find — especially in the 4Matic. I am not super fond of the anti-locks, as they are GREAT, but a little “rumbly”.

I have turned off the 4Matic (under the hood/easy to do) during the non-winter months as the rear-to-front balance of the car doesn’t really need it. I also replaced the tires in Fall 2016. I would say they have a good 85% tread wear left. I do drive this car a lot and will add miles until sold.

The car is metric, so it measures everything in kilometers. The car currently has 117,000 original miles, or 186,000 kilometers. Some people replace the dash to reflect mph but, IMO, keeping this car in as close to original condition is is important for resale. The only element that is not original is the stereo.

The car has a VERY slow hydraulic leak. The leak is coming from a spot just below the reservoir through one of the hoses and is too hard for me to reach, so I have just topped it off every few weeks.

I have replaced only with Mercedes or Mercedes OEM parts/fluids. It comes with the ORIGINAL manual and fuse tester/diagnostic meter that I use to calibrate the car every couple months.

As you can see, it has the rear-facing seat in the back. Works properly. Also, windows, sun roof, seat and other electronics work. The antennae is a little bent and therefore I disengaged the “raise/lower” function to avoid any breakage. Nonetheless, it still works.

This vehicle is a dream in snow. No issues at all plowing through a foot of snow with total control.

The V6 engine runs great. It does require a minute of warmup in the winter. Also, I have added fuel injector cleaner to every other fill-up of premium unleaded gas. The car gets almost 20 mpg. Not great, not bad. It is a tank, so where that has some advantages, it does operate a little less fuel efficiently. It has great highway passing ability and can easily hit 100mph if that is important to you.

We are the third owners and simply need a larger second car. Only reason for selling. We get so many comments on this car. It really is a great car.

Please look carefully at the pictures and ask any questions. I can help coordinate pick-up once fully paid. If your transporter wants to pay when they arrive, they will need to wait for me to ensure the form of payment will clear.

The pictures were taken before I switched the car to a PA registration in order to sell in the states. Thus the NS plates.

I have priced this car VERY reasonably. The starting price reflects the car we put into her. Please ask me anything you like about this car. Nothing to hide. When we brought it back from Nova Scotia, the car never touched the ground. Hauled with a full carrier, not a two-wheeler. It has been well cared for, never abused, never driven in big cities with lousy roads and lousier drivers, off road or on the beach, or without a cover or garage to sleep in.

I am listing the car locally as well and may sell.

The really cool part about this car is the interior. Blue cloth is present where you’d normally find MB-Tex or leather and the pattern is really nice. It has a distinct 90s look that is really appreciated when done right. It does need a really good cleaning but nothing that a days work can’t fix. This car also has the highly sought after W124 euro lights as well as the manual climate control system.

Now the bad news is, this car has some issues. The seller says it requires being warmed up in the winter which could mean anything. Secondly, there is a hydraulic fluid leak from the SLS system somewhere that isn’t an easy fix due to the location of the leak. There are also some other little things like a bent up antennae and some foil tape used to cover up something on top of the coolant overflow tank. But this big thing here is the rust. The driver’s side front fender has reached the point where metal is totally missing and a hole has formed. That’s not too big an issue and could be fixed with a new fender but the real concerning spot is under the taillight. Sooner rather than later that entire piece of little metal will be rusted away. Ideally you need to cut that entire piece out to stop it fully, but it’s delicate and time-consuming work.

This $4,299 price tag is fairly reasonable if the 4Matic is functional like the seller says it is. At least the ad is honest and upfront about all the work you are probably going to need to do immediately if you plan on keeping the 300TE for any good length of time. I’m really tempted by this on myself, but that rust is probably a deal breaker.

– Andrew