You never have to go very far to find an 500E or renamed E500 on these pages; in fact, last Friday we had an interesting comparison between an E28 M5 and E124 500E. People came down on both sides of the fence there, and I think it’s reasonable to like either for various reasons. The E28 M5 is a very special car, with many less made than the W124 super sedan. But numbers alone don’t tell the whole story, of course, and the W124 has many fans for good reason. It may not have been the first super sedan or even the first super Mercedes-Benz, but it was an exclamation point on a legendary period of some of the best sedans the world has yet seen. Pick the one that you like – they’re all legends now; Audi V8 quattro, 200 20V or S4/S6, BMW E28 M5 and E34 M5, the Mercedes-Benz 190E 2.3 and 2.5 Cosworth and, of course, the 500E/E500:
CLICK FOR DETAILS: 1994 Mercedes-Benz E500 on eBay
Year: 1994
Model: E500
Engine: 5.0 liter V8
Transmission: 4-speed automatic
Mileage: 110,000 mi
Price: $18,995 Buy It Now
1994 Mercedes-Benz E-Class E500 Sedan
AMG 500e e 500 porsche v8 gray 93 black leather 92 class 500 limited sedan e60
Basically no description is generally enough to scare off most people from complicated, expensive and fast sedans, but the condition, originality and mileage on this example seem about spot on. It’s not the best example we’ve seen, and it’s certainly not the worst. It’s accordingly priced right in the middle of the market; as with the M5, you can get a ratty example at or below $10,000, but rebuilding the car to good specs will bankrupt you; similarly, you can spend double or more of this amount to get a very low mileage example if that’s your goal; but as with the M5, I’d exchange some mileage for a pricing discount presuming it’s the right example. The lack of description doesn’t automatically make this the right one, but it also shouldn’t automatically rule it out; due your diligence and this could be a well priced example of one of the best sedans ever made!
-Carter
This is hard to look at. I want one of these, just like this one, so bad it clouds my judgment like a powerful narcotic.
No description, and “dealer prepped” sticky looking engine bay are the last think my mind when I see cream puff gray/black 500E.
I didn’t appreciate these until I started reading GCFSB. Now, much like @UrSDriver, I’m fascinated by them. Two questions arise everytime I read a write up:
1. What was the ballpark retail price?
2. Why is there a teeter-totter on the name, E500/500E?
Pointswill,
From what I have observed good drivers with 150k+ miles hover around 10-12k, ~100k garage queens like this one go for about 18-25k, and the collector/investment grade cars seam to top out around 32-35k. Only the 1994 model year is classified E500, due to MB changing it’s naming convention.
This model is not without faults, the undefeatable traction control, lack of rack-and-pinion steering, and soy bean wiring harness being the standouts.
Cheers!
@ Pontsville and UrSDriver
A little more info. on the real pricing for desirable low mile 500E’s.
1. A co-worker bought a silver 500E last year, with 57,000 miles, for $35k
2. Another friend bought a black 500E this year with 41,000 miles for $40k
3. Another friend bought a black 500E this year with 39,000 miles for $43k
4. My 500E with 26,000 miles was appraised and insured last year for $38k. This year the appraisal will probably be at $40k +
5. Hagerty insurance puts these 500E’s at $42k
Good comments, thanks all!
How about an even more rare 500E, for $100K :
http://www.hemmings.com/classifieds/carsforsale/mercedes_benz/e500/1643964.html
Not sure if the $100K 500E sold, or if it was taken off the market. Here is another link:
http://bringatrailer.com/2014/04/30/one-of-six-brabus-tuned-1994-mercedes-benz-e500/