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1992 Mercedes-Benz 500E

While the 300CE we featured the other day exemplifies the kinder, gentler side of the W124 equation, the 500E/E500 was anything but. If you looked at the performance figures of this super sedan, you would think this might be a car for lunatics in a hurry. But it was so much more than a tool for speed freaks. Few cars before had so seamlessly blended brute performance with refined luxury, save for some Maseratis and Mercedes own creations such as the 300SEL 6.3 and 450SEL 6.9. The 500E kicked up the luxury sports sedan game a bit more. In collaboration with Porsche, the W124 was thoroughly worked over from engine to brakes to suspension to create the ultimate sleeper. This 500E for sale in New York does its best to blend into the woodwork with its Smoke Silver paintwork.

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


Year: 1992
Model: 500E
Engine: 5.0 liter V8
Transmission: 4-speed automatic
Mileage: 118,356 mi
Price: $26,500 Buy It Now

The sportsman in a suit – Mercedes 500E

In the early 1990’s if you were rich, wanted to go very fast and wanted 4 seats there weren’t many options. When it arrived, the 500E caused quite a stir. A massive V8, 4 speed automatic gear box and a stunning wide body that is subtle enough so that only people who know what it is look at it.

In 1992 the 500E was the fastest production sedan in the world, with 150 mph top speed, and 0 – 60 mph in less than 6 seconds. This was the Mercedes muscle car.

The high-performance variant of the W124 is considered by many to be father of the modern factory production V8 Super Sedan, whose bloodlines live on today in the form of the E63 AMG. Each car took an unheard-of 18 days to complete, hand-built at Porsche (in the same facility that previously built the 959) with special flared bodywork, modified SL suspension, SL brakes, Recaro seats, and powered by a naturally-aspirated, all aluminum 5.0L V8 making 322 hp and 354 lb-ft of torque.

This Smoke Silver 500E is an extremely well-kept example true to original form. In and out it is clean as a whistle. No after market modifications have been made allowing for a true experience as it was intended. Included with this 500E are complete original owners handbooks and leather folio, thorough and impressive service records and receipts totaling over $35,000. Great care went into sourcing original and appropriate parts along the way to keep this vehicle unaltered. The engine is very strong and runs extra smooth. The transmission was professionally rebuilt in house at MB in Germany at 95K miles. The majority of the miles came from its life as a ballistic missile on west coast highways. I’m the first owner to bring it to the northeast, where it currently rests in a lush heated garage awaiting beautiful sunny days and clear roads. All of the cornerstone maintenance is well detailed in the included treasure chest of documentation along with receipts.

The body is in excellent condition – No accidents, no dents, no rust with only minor nicks and scratches. Front air dam does have a small cosmetic tear that was there when I bought it. Clear coat has thinned in a couple spots due to weather, primarily on top of the front fenders. It’s imperfections allow for a completely immersive driving experience without having to worry about putting that horrific very first scratch on a brand new machine or fully restored classic. This machine is meant to be driven, fast. It’s not meant to sit in a garage collecting dust. That being said it’s not far from perfect. The original Mercedes wheels are crisp. No curb rash and damage free. Doors open and close as they should. The chrome trim is beautiful, the rubber components and seals are like new.

Sit down in the premium leather wrapped 19 way, powered Recaro seats and you’ll feel as though you entered a brand new car. The interior is immaculate. This car has never been smoked in. The leather and carpeting is so clean you’ll wonder how the vehicle acquired its milage. The Blaupunkt stereo never worked while I’ve owned the car and I just couldn’t bring myself to replace it with non-OEM equipment. Can’t say I ever missed it though. The sound coming from the engine bay is entertaining enough for me. The classic Mercedes Dash board is free of cracks, the center console wood is in very good condition as well. AC blows cold and working perfectly.

The Legendary, successful and famous engine (MB-Code M119) used for over 10 years in different models is working with no issues. All the power is there as you would expect from 5.0 V8. There are no expenses spared in order to keep this engine healthy. The most recent service includes a new battery, new ignition coils, new alternator, complete tune up, new oil pump, CO2 sensor, new belts, wires and hoses, cooling system service, among others. Consult the summary of service sheet for more detail.

The genuine, untampered nature of this particular machine increases not only it’s rarity, but future collectability and value. As time passes these models will only be more sought after.

I am open to your best offer or specific questions. Serious buyers will be appreciated. Please reach me at 631.276.3042

Complete High-Res Photo Gallery:


There’s been a noted uptick in prices if we look at the last few 500E/E500s featured here on GCFSB. Ultra-low mileage examples are pulling over $30,000 now, with higher mileage, well-kept examples reaching sometimes into the $20,000 range. This one, with full service records and zero modifications seems to be priced not too far off from the norm, even if there’s some cosmetic wear indicative of its age and a non-working radio. As time goes on and the already low number of these cars that made it here stateside dwindles, they are sure to become further coveted by enthusiasts as a true blue chip investment.



  1. Raymond
    Raymond May 13, 2014

    Nice car but no way at that price given the mileage.

  2. audemars
    audemars May 13, 2014

    @ Paul
    Low mile 500E’s have sold near or above $40,000. I know of 3 that have sold at that range, this year.
    Hagerty puts the low milers at $42,000.

  3. CharlesH
    CharlesH May 13, 2014

    Relatively rare exterior and interior color/combo. Rebuilt tranny at 95K. If the service records include any of the infamous wiring issues I would certainly be tempted to offer something in the low 20’s and see if the seller bites. I agree with Paul the ask on these has been creeping up over the last couple years. It will be interesting to see what this sells for.

  4. J-Bone
    J-Bone May 14, 2014

    Really? a smoke-silver over tan .036 is rare?….not !

    It’s the third most popular color for the USA behind pearl black and brilliant silver…

    I have seen this car . It is pretty good nick for it’s age…just needs a dedicated owner to finish it off to a #2 condition. I agree tho, low 20s/high teens to the right person. Big problem with this color is the crazing that happens.

  5. Paul
    Paul May 14, 2014

    Thank you, it has been noted that we featured this car last year. It does get diffucult at times to remember each and every vehicle but we try and make a note of these things when we can.

  6. MDriver
    MDriver May 15, 2014

    just an FYI…the picture showing this car is at Bridgehampton Race Track…..I thought I recognized that Chevron sign….either that is a VERY VERY old picture… might be from a part of the track that was preserved….
    that aside…I love the color…and the 500E & RS6 are the only two cars I would ever consider over my M5’s…

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