Mercedes-Benz 500E & E500

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.

The market for these cars is mature and well-established. Exceptional, low-mileage examples, especially from the more desirable pre-facelift 500E years, can sell for over $100,000, with the absolute best reaching past $180,000. Driver-quality cars trade in a wide range from $25,000 to $50,000, but deferred maintenance can quickly erase any initial savings. The average sale price of around $41,000 reflects a healthy market with steady demand.

Prices range from around $3,000 for project cars to over $180,000 for the finest, low-mileage examples.