The 300k-mile 500E I wrote up last week was a bit of a hot mess. It needed extensive cosmetic work along with who knows what else. But to my surprise, it sold for $7,700. I wish the brave soul who bought it all the luck in the world, whether they restore it to its former glory or use it as a comically powerful beater. The sale price got me thinking: how much would you have to pay for high mileage 500E that wasn’t all torn up? As if on cue, this nice looking example popped up on eBay. The miles are high, but the condition of this Porsche-Mercedes mashup looks great, a testament to the longevity and durability of the W124 platform on which it is based.
Before the W124 bowed out in 1995, the last oil-burning version you could buy was the E300 Diesel. It received the exterior tweaks associated with post-facelift cars of the late W124 era, including a rounder front grille, updated glass headlights and smoked taillights. It also got the OM606 engine under the hood, a 3.0 liter inline six cylinder diesel unit making about 135 hp. Unlike earlier W124 diesels, there was no turbo. But fret not. These were still fast enough (for a diesel), and the OM606 is one of the most rugged engines Mercedes ever made. These cars will cruise effortlessly on the highway while returning 30+ MPG. Perfect for the commuter looking for tank-like build quality, reasonable running costs and a bit of class.
The product of a collaboration between Porsche and Mercedes-Benz, the W124 500E was a worthy competitor to the E34 BMW M5. Powered by a 5.0 liter V8 motor generating 322 hp and equipped with beefed-up suspension and brakes, these stealthy Q-cars have languished on the used market until relatively recently. Finally receiving the attention they deserve, over the last decade values have steadily risen, with mint condition examples now commanding $30k price tags. Cars at that end of the market will likely stay tucked away behind closed doors. But what if you want to just drive a 500E, and not worry about every ding or scrape it gets in the parking lot? The courageous and open-minded might want to take a look at this forlorn-looking example. With a bit of attention and light restoration, this could turn out to be a steal. Or a money pit. Only the brave need apply…
Ever been out shopping and you impulse bought a shirt, wore it a few times, then it sat in the back of your closet for many years? Then finally one day you rid yourself of that shirt because you wanted it gone without too much hassle? Well, that’s what we have today. Only it’s not a shirt, but a highly desirable Mercedes-Benz. Imagine living in a world where in 1995 you drive down to your local Mercedes-Benz dealer, purchase a car for $79,000 ($125,000 in today’s money), put a few thousand miles on it, then seemingly forget about it. Situations like this still blow my mind.
This 1995 E320 Cabriolet for sale in, you guessed it, California, was sitting at an estate with four flat tires for over ten years. It had only 6,300 miles before being noticed then rescued by the seller. It received a careful examination and full rehab before being listing for sale ready for a new owner. Much like the 1,300 mile 1982 240D I looked at last week, this is essentially a brand new car. So with nice examples of these cars with over 100,000 miles still selling for prices in the mid-teens, how much will this one bring? I might have an answer.
Model: E320 Cabriolet
Engine: 3.2 liter inline-6
Transmission: 4-speed automatic
Mileage: 6,348 mi
Price: Reserve Auction
This an amazing find, and the cleanest Mercedes I’ve ever seen outside of a new car showroom. It’s an almost mint condition 1995 Mercedes E320 convertible coupe with only 6,384 miles on it and one prior owner. It was stored its entire life in a perfectly conditioned garage, and wasn’t driven the last 10-12 years before I got it. This car is in amazing condition, down to the still legible paper price-tag style stickers clearly visible on the brake heat shields, and all the paint markings on the undercarriage from original assembly at the factory.
The 300CE joined the W124 lineup in 1987. These cars offered the same levels of reliability, passenger comfort and safety as the sedan, but with a shorter body, two doors and no B-pillar. This gave the coupe a much a rakish, sporting look. But there can be no mistaking its provenance: the coupe retains the elegant, taut and brawny good looks of its sedan sibling, and both are unmistakably the work of famed Mercedes stylist Bruno Sacco. Powered initially by the 3.0 liter version of the M103 SOHC engine, in 1990 the CE’s motor was swapped out for the M104 DOHC unit, which increased power output to 217 hp (the engine was revised again in 1993, bumping displacement to 3.2 liters, but power output remained the same).
Occasionally we don’t have the time to get to all the auctions that catch our eye. With that in mind, we’re going to be putting together some auctions that are interesting and may offer you a good value – or we’re just curious where they’ll end up!
Click for Details: 2000 Mercedes-Benz E55 AMG
This 2000 Mercedes-Benz E55 AMG looks great with only 93,000 miles on the clock. Condition throughout seems to be very good and records are present, as well as a clean bill of health on the CarFax. But the real draw is the no reserve auction format – at time of writing, the car sits under $6,000!
Click for Details: 1987 Porsche 944 Turbo
The 1987 Porsche 944 Turbo isn’t the most desirable model year, but this one looks nice in Guards Red over Linen leather. While it’s a TMU car, there’s a healthy bit of recent service history and the overall presentation looks like a nice driver. The TMU and 1987 build status should keep bids down, but the auction is no reserve. It will be interesting to see where a 944 Turbo driver ends up!
Click for Details: 1992 Porsche 911 Turbo
It’s a strange world we live in when you can ask close to MSRP for a 25 year old car and it suddenly seems reasonable. But that’s the case with this 1992 911 Turbo. Technically, it’s a no reserve auction with a $95,000 Buy It Now, but a single $85,000 bid would win it unless the seller ends the auction early.
Click for Details: 1992 Mercedes-Benz 300E
We looked at this Glacier Green 1992 Mercedes-Benz 300E before, but it’s back on a no reserve auction with a starting bid below $2,000. Though it’s got a lot of miles and isn’t 100% original, it still seems like a nice driver with a lot of work done.…
The W124 platform E-class is an unstoppable tank. So you’d think that the addition of an all-wheel drive option would make an excellent car even better. Not so fast. The “4Matic” AWD system offered on the W124 was complex. Using numerous electronic sensors to control the locking central and rear differentials, the automatic system was capable of splitting torque between the front and back axles as required: 100% to the back, 35/65 front/rear, or 50/50 front/rear. When performing properly, this made the W124 a very competent car in inclement weather. However, the complexity of the system meant that if and when it broke, repair costs could quickly become astronomical. For that reason, W124 enthusiasts tend to pass over the 4Matic, regarding it as a rare example of Mercedes’s over-engineering becoming a liability.
One of the great questions in my life is, after the massive success of the W123 300TD, why Mercedes-Benz decided to import the W124 300TD for one year only to the United States in 1987. Maybe it was too expensive as it cost $42,500, which is a whopping $91,000 in 2017 buying power. Whatever the reason aside, this caused Mercedes-Benz diesel lovers to this day to snag these W124s up and keep them as long as possible. So when I was alerted to an imported 250TD that also had a manual transmission, I had to check it out.
Engine: 2.5 liter inline-5
Transmission: 5-speed manual
Mileage: 95,293 km (59,212 mi)
Price: Buy It Now $10,990
Up for auction, an ultra rare 1990 Mercedes 250TD 5 Speed (Factory original), equipped with A/C and power sunroof and leather.
The vehicle was part of an estate that I acquired a while ago in Barcelona (Spain).
This is a NO BRAINER, at such giveaway price it will sell fast, there is NO WAGON 5 speed diesel low mileage equipped like this (leather, A/C…) in the whole country!
Smart buyer will “Buy it now” and run with it. EXCELLENT BUY. NONE FOR SALE, BE SMART !
The Mercedes was seating in a climate controlled garage. The vehicle is extremely nice as seen on the pictures, I would say; way above average ! Being an import, the gauges are still in KM.
The black leather seats are in outstanding condition, headliner and carpeting as well as the cargo space all nice.
Paint is very shinny, NO fading.
Paint is original.
A/C blow very cold
Straight as an arrow
All electric works
Pneumatic locking works
No bearing noises, no shaking at high speed
Mechanically wise, the car runs and drive as it should, very smooth ride 35MPG+ diesel.
Someone on the Facebook page recently said I tend to post cars in boring colors like black, silver or gray. They are not wrong. It’s hard to find the models I like in anything else. There are some great exceptions, of course. BMW has some really neat colors available through its Individual program (my favorite is Velvet Blue). But there’s no getting around it; most of my favorite 80s and 90s German cars left the factory with conservative paint jobs. That’s likely no accident. Staid colors are generally well suited to the lines of the cars, especially since the design language of the period was itself quite conservative. Still, I feel under an obligation to find you all some more interesting colors. And this is my opening gambit: a 300E in Crystal Green (256). The W124 can be had for very little money these days, and used as a cheap runaround until it clocks at least half a million miles. Yet it still offers the luxury, solidity and build quality that earned Mercedes its reputation for making some of the best cars in the world.
I’ve been big admirer of the W124 Cabriolet because of the massive design and engineering project it was. Like I mentioned a few months ago, making this car wasn’t just chopping the roof off the coupe, sticking a soft top in the trunk and calling it a day. But sadly despite the huge undertaking and investment, you were only left with one engine choice in the 3.2 liter M104 straight-6. It wasn’t under powered by any means, but it wasn’t exactly a speed demon either. Besides, if you want a fast Mercedes convertible, you ponied up for the SL500 or SL600. I’m going to assume that if they offered the M119 V8 in the W124 Cabriolet, the price would have been even greater than already high $79,000 (and that’s in 1995 money!). The price point probably would have been right at the edge of the $87,000 SL500 and it probably wouldn’t of sold very well at all. Plus, you are factoring in even more engineering and cost to a project that like mentioned, was very expensive.
So it makes total sense why there was no V8 W124 Cabriolet. But of course it doesn’t stop someone from building one which is exactly what we have here today for sale in New Jersey. What started life as a 1995 E320 Cabriolet has been transformed into a “E420 Cabriolet” and it even has a few other interesting details.
Model: ‘E420’ Cabriolet
Engine: 4.2 liter V8
Transmission: 4-speed automatic
Mileage: 56,921 miles
ORIGINAL PAINT, ONE OF ONE E420 CONVERTIBLE
OVER 160000 DOLLAR INVESTED IN PROFESSIONAL CONSTRUCTION,
$199 Dealer Fee
From the looks of it, this swap was done by the people at Wolfgang’s Inc., a Mercedes- Benz specialty facility in Tenafly, New Jersey.…