Mercedes-Benz 500E & E500
Built in collaboration with Porsche, the 500E and E500 are hand-assembled super-sedans that paired a 5.0L V8 with the discreet W124 chassis. Their unique story and formidable performance make them highly sought-after modern classics.
Mercedes-Benz 500E & E500 sold for a median of $65,985 over the last 12 months, based on 34 auction sales; the middle 50% sold between $40,438 and $89,069. 35 currently for sale.
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Mercedes-Benz 500E & E500 prices by year
| Year | Median (3 yrs) | Middle 50% | Sales (3 yrs) | For sale now |
|---|---|---|---|---|
| 1991 | $40k | – | 3 | 1 |
| 1992 | $40k | $33k–$54k | 34 | 13 |
| 1993 | $37k | $31k–$73k | 24 | 5 |
| 1994 | $63k | $45k–$83k | 24 | 6 |
| 1995 | $75k | $69k–$157k | 6 | 1 |
Auction sales in the last 3 years; prices leave out salvage and other branded titles.
Listings
The Mercedes-Benz 500E and its facelifted E500 successor represent a unique collaboration between two German giants. To fit the 5.0-liter M119 V8 from the R129 SL into the W124 sedan's engine bay, Mercedes contracted Porsche for engineering and final assembly. Porsche hand-built each car, widening the track, flaring the fenders, and upgrading the suspension and brakes, a process so involved that each car took 18 days to complete. The result was a discreet super-sedan with 322 horsepower that could run with contemporary sports cars.
Collectors are drawn to the 500E for its legendary build quality, understated looks, and the unique Porsche connection. It's the ultimate "wolf in sheep's clothing" from an era when Mercedes-Benz engineering was at its peak. It's a usable modern classic that combines daily-driver comfort with serious performance, a formula that has made it a blue-chip collectible for years.
Buying Tips
- The biodegradable engine wiring harness is a notorious failure point. If it hasn't been replaced with an updated part, budget for the job, as a deteriorating harness causes numerous electrical issues.
- Check the self-leveling rear suspension (SLS) for leaks at the hydraulic struts and accumulators, or "spheres." A sagging rear end indicates a costly problem.
- The M119 V8's plastic oiler tubes become brittle and can break, starving the camshafts of oil. It's a relatively easy and inexpensive preventative repair.
- Unique body panels mean accident repair is expensive and difficult. Inspect the signature flared fenders and bumpers for signs of poor bodywork or non-original parts.
- The 4-speed automatic transmission is robust, but the reverse gear is a known weak spot. Ensure it engages smoothly without hesitation or noise.
384 Mercedes-Benz 500E & E500 vehicles have been tracked across auctions and listings on Hypercars, with 35 currently live.
Data sourced from auction results and dealer and private listings, including Bring a Trailer, Cars & Bids, Mecum, RM Sotheby’s and eBay Motors. Updated daily.
Frequently Asked Questions
How much does a Mercedes-Benz 500E & E500 cost?
Over the last 12 months, Mercedes-Benz 500E & E500 sold for a median of $65,985 across 34 auction sales tracked on Hypercars; the middle 50% sold between $40,438 and $89,069. There are 35 currently for sale.
How many Mercedes-Benz 500E & E500 listings are for sale right now?
There are 35 Mercedes-Benz 500E & E500 listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.