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View Full Version : Seeking Purchase Advice on 500e/e500



500Espot
07-13-2009, 04:49 PM
Postby s500e on Mon Jan 05, 2009 6:20 am

Hi everyone,

I am not sure if this would be the best-suited forum for this topic, but I would like to ask all you experts, current owners, and potential future buyers/sellers for a general advice and opinions for someone looking for a good 500e. I am a newbie to this 500e forum, but have been looking for a low-mile 500e/e500 in good stock condition for sometime. 500ecstacy gave me a lot of good information before, but it still seems to be down.

What are your opinions on current pricing? Autotrader has ones as high as mid to high 30k. Hatch certainly has offered the highest price 500e's with quality. In my humble opinion, I feel around 25k would be a good number for an excellent, low-mile 500e with records. All those ~35k mi 94?s on autotrader seem to be way high in price: $29+k, $35+k, etc, but do you all agree? Is there really a demand for $30k e500e these days?

Any advice from all you experts will be greatly appreciated. Is there anything specific that I must watch out for (repair issues-head gasket, wiring harnes, etc.)? I currently own a 99 W140 and am ready to take a future garage queen e500e if I find the right one. I am in WA and if anyone knows of a good one for sale please let me know. Thanks.

s500e

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Postby s500e on Mon Jan 05, 2009 6:49 am

Here are few interesting 500e/e500's in autotrader (some have been around for a long time):

Looks good and nice color combo, but $$$:

http://www.autotrader.com/fyc/vdp.jsp?c ... rdist=2487 (http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=251855287&dealer_id=63312315&car_year=1994&rdm=1231138047687&model=500E&num_records=25&systime=&make2=&highlightFirstMakeModel=&start_year=1992&keywordsfyc=&keywordsfyc=&keywordsrep=&keywordsrep=&engine=&certified=&body_code=0&fuel=&awsp=false&search_type=used&distance=0&marketZipError=false&search_lang=en&showZipError=n&make=MB&keywords_display=&color=&page_location=findacar%3A%3Aispsearchform&min_price=&drive=&default_sort=priceDESC&seller_type=b&max_mileage=&style_flag=1&sort_type=priceDESC&address=98101&advanced=&end_year=1994&doors=&transmission=&max_price=&cardist=2487)


"Show car", higher mi, collector owner, this color must be rare?, nice "old" photos:

http://www.autotrader.com/fyc/vdp.jsp?c ... ardist=945 (http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=250995533&dealer_id=63234985&car_year=1992&rdm=1231138047687&model=500E&num_records=25&systime=&make2=&highlightFirstMakeModel=&start_year=1992&keywordsfyc=&keywordsfyc=&keywordsrep=&keywordsrep=&engine=&certified=&body_code=0&fuel=&awsp=false&search_type=used&distance=0&marketZipError=false&search_lang=en&showZipError=n&make=MB&keywords_display=&color=&page_location=findacar%3A%3Aispsearchform&min_price=&drive=&default_sort=priceDESC&seller_type=b&max_mileage=&style_flag=1&sort_type=priceDESC&address=98101&advanced=&end_year=1994&doors=&transmission=&max_price=&cardist=945)


Another clean, low-mi silver, but are silvers always more $$$?

http://www.autotrader.com/fyc/vdp.jsp?c ... rdist=1916 (http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=253259595&dealer_id=63442819&car_year=1994&rdm=1231137819702&model=E500&num_records=25&systime=&make2=&highlightFirstMakeModel=&start_year=1994&keywordsfyc=&keywordsfyc=&keywordsrep=&keywordsrep=&engine=&certified=&body_code=0&fuel=&awsp=false&search_type=used&distance=0&marketZipError=false&search_lang=en&showZipError=n&make=MB&keywords_display=&color=&page_location=findacar%3A%3Aispsearchform&min_price=&drive=&default_sort=priceDESC&seller_type=b&max_mileage=&style_flag=2&sort_type=priceDESC&address=98101&advanced=&end_year=1994&doors=&transmission=&max_price=&cardist=1916)


The one from another thread. Nice example? with interesting description:

http://www.autotrader.com/fyc/vdp.jsp?c ... ardist=994 (http://www.autotrader.com/fyc/vdp.jsp?ct=p&car_id=256150742&dealer_id=63651197&car_year=1994&rdm=1231137819702&model=E500&num_records=25&systime=&make2=&highlightFirstMakeModel=&start_year=1994&keywordsfyc=&keywordsfyc=&keywordsrep=&keywordsrep=&engine=&certified=&body_code=0&fuel=&awsp=false&search_type=used&distance=0&marketZipError=false&search_lang=en&showZipError=n&make=MB&keywords_display=&color=&page_location=findacar%3A%3Aispsearchform&min_price=&drive=&default_sort=priceDESC&seller_type=b&max_mileage=&style_flag=2&sort_type=priceDESC&address=98101&advanced=&end_year=1994&doors=&transmission=&max_price=&cardist=994)

s500e

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Postby 124036-009 on Mon Jan 05, 2009 9:51 am

I'd go for the red one, really cool color and looks nice with the EVO II's
Dont think it is an high mile car!

Jack
Volkswagen Golf/Rabbit Mk1 1,6D Aut. '83 220kkm / Mercedes-Benz E500 Limited '94 83kkm

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Postby michigane500 on Mon Jan 05, 2009 4:35 pm

My advice is to check out all of those that you're interested in on Autotrader or other sites. There is a wide range of prices out there. If you want a stock garage queen with low miles and you like the looks of the 94 body style, you have just limited your search to less than 374 cars. I agree, Hatch always has nice cars in the condition you're looking for, but you will pay for that. If you can be happy with a higher mileage example or one that might not have had the TLC it should have, you can find great deals right now. But, if you're looking for a one of a kind, really nice untouched example, I think those cars are going to command the higher price and only increase in value.

Just my $.02.

Best of luck with your search.

michigane500

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Postby gsxr on Mon Jan 05, 2009 5:23 pm

Oh my. I'd grab the red one at $20k before it's gone. Garnet Red Metallic is one of my favorite colors, it's quite rare for a 500E. Droooool....

:allhail:
Dave M.
Boise, ID
1995 E420 (W.I.P.)
1994 E500 (Q-ship)
1993 300D (Sportline)
1987 300D (Sportline Stage 2)
1987 300D (R.I.P)
Click here for my website photos, documents, and movies.

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Postby omegabenz on Mon Jan 05, 2009 6:13 pm

gsxr wrote:Oh my. I'd grab the red one at $20k before it's gone. Garnet Red Metallic is one of my favorite colors, it's quite rare for a 500E. Droooool....

:allhail:



Red with black interior, that is cool

BTW, it still has the factory aluminum brembo front brakes! That's nice!

It looks great. The suspension rubber is 16 yrs old whether it has 37k miles or 100k miles...it will feel better replaced either way!

Someone should turn this buyers' guide into a wiki once and for all!

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Postby gsxr on Mon Jan 05, 2009 6:19 pm

omegabenz wrote:Red with black interior, that is cool


Note that the car for sale is Garnet Red Metallic (Almandine Red), not Signal Red (like Rik's car). Garnet Red is more of a burgundy color. Signal Red is more of a "fire engine red", or as some people call it, "ticket red" since it tends to catch the eye of the local five-oh. If I had the $$ available, I'd seriously think about this car... I absolutely love Almandine Red, and I've only seen maybe 2 other 036's that color (and one was in Europe).

:apl:

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Postby 2phast on Mon Jan 05, 2009 8:28 pm

gsxr wrote:

omegabenz wrote:Red with black interior, that is cool


Note that the car for sale is Garnet Red Metallic (Almandine Red), not Signal Red (like Rik's car). Garnet Red is more of a burgundy color. Signal Red is more of a "fire engine red", or as some people call it, "ticket red" since it tends to catch the eye of the local five-oh. If I had the $$ available, I'd seriously think about this car... I absolutely love Almandine Red, and I've only seen maybe 2 other 036's that color (and one was in Europe).

:apl:



I love that color also, almost identical to my CLK color wise!

2000 CLK32k & 1993 500E

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Postby a-man on Mon Jan 05, 2009 10:33 pm

The Garnet Red car would be a excellent 500E to own. It was on the stand at the Detroit International Auto Show when the 500E was introduced to the US market. Then sold by MB to the president of MBCA, Bob Beltz, who kept it for many years. In the Nov?dec issue of The Star magazine it said this car had 90K miles. Rare color, with known history and the Detroit show car to boot. I would call the seller ASAP and start talking -- in today's economy he may be ready to move it. If I was not pursuing another car (W113 250SL) I would be all over this one!

To answer the original posters advice on purchasing one, here is what I have seen in the market:

-Rough car with several issues and 200k + miles: $7K to 9K US
-Decent driver with a issues, OK paint (few rock chips) and interior, and 125K+ miles: 9K to 13K
-Good quality car with less than 125K miles, maintenance records, no issues, good paint and interior: 13K to 20K
-Excellent quality, low mileage, no issues, spotless maintenance records, excellent 'show quality' paint and interior: 20K +

Gerry and others will have more details on pricing and what to look for mechanically.
Last edited by a-man on Tue Jan 06, 2009 12:46 am, edited 1 time in total.

Allen Stephens
Portland, Oregon
1993 500E

a-man

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Postby 195910 on Mon Jan 05, 2009 11:31 pm

The Almandine Red 500E is the one to have, no question...Damn it look great.

I have the Mag article.

regards

195910

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Postby s500e on Mon Jan 05, 2009 11:59 pm

Wow, thanks for all your input.

I agree that the "red" one looks great in those professional photos from '05. Hope it is in the same great condition now. I don't think I 've seen this color in person. Is it closer to red than burgundy as in the photos? I personally think the pre-facelifts look more original and true w124 (except for the US headlights), but it's almost impossible to find low-mi 500e's in great shape. There seems to be more low-mi e500's out there with high $$ tags.

Thanks again for your opinions, please feel free to add any other comments. Does $20k seem reasonable or still too high for this red 95k mi '92, if everything checks out okay at PPI? Hope to join many of the Northwest 500e owners & forum members out there someday soon.

s500e

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Postby s500e on Tue Jan 06, 2009 12:17 am

What is the switch next (right) to the red hazard (triangle) switch on 94 e500? Is that ASR switch? I don?t think I see that in all ?94s. Some seem to have a blank switch.

92-93?s don?t seem to have any switch in that location. Do they then have ASR switch somewhere else? Do all 500e and e500 have ASR?

I am attaching 2 photos from autotrader. What switch (or no switch) do your 500?s have? Thanks.
You do not have the required permissions to view the files attached to this post.

s500e

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Postby gsxr on Tue Jan 06, 2009 12:31 am

I believe it is the alarm LED. The EPC says that is present on 1993-up models. On my car, this was removed, and replaced with an ASR defeat switch. However, ASR defeat was never a factory option on any 500E... that was strictly an aftermarket item.

:coolgleam:
Dave M.
Boise, ID
1995 E420 (W.I.P.)
1994 E500 (Q-ship)
1993 300D (Sportline)
1987 300D (Sportline Stage 2)
1987 300D (R.I.P)
Click here for my website photos, documents, and movies.

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Postby s500e on Tue Jan 06, 2009 4:50 am

Thanks gsxr for your info. So ASR on/off switches on any e500e are all non-factory installed ones. So there must be no orange triangle "off" light in the instrument panel even when ASR's off in those 500's like yours or the above 1st photo e500.

omegabenz:
What are other wear & tear or simply aging items do these well maintained, stock 16-year olds need? "suspension rubber"? Any other items that I should expect to change to bring any of these old beasts to like-new condition? Do rear hydraulic suspension also need attention due to just aging? Does Wire harness need to be replaced for all 92-94 e500e's at this time? Thanks.

s500e

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Postby michigane500 on Tue Jan 06, 2009 1:39 pm

Just FYI on the 'red' one. I contacted the owner about a month ago. He said he has hardly driven it since he purchased it a year or so ago. He's pretty firm on the price...said he would keep it unless he got his asking price. Maybe things have changed.

As far as the color goes, it is defintely more burgandy than red. I actually saw the car before it left Michigan. The paint has faded ever so slightly with age. Sometimes, in the right lighting, it had a subtle pinkinsh hue, but it's a great color and the EVO's really give it a nice aggressive stance.

Not the garage queen you were looking for, but a really, really nice driver.

Good luck, and post pics if you become the new owner.
Eric

1994 E500, Silver/Black
1991 Porsche 928 S4, White/Cashmere
1997 Porsche 993 Cab, Ocean Blue/Gray

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Postby 195910 on Tue Jan 06, 2009 4:25 pm

michigane500 wrote:As far as the color goes, it is defintely more burgandy than red. I actually saw the car before it left Michigan. The paint has faded ever so slightly with age. Sometimes, in the right lighting, it had a subtle pinkinsh hue, but it's a great color and the EVO's really give it a nice aggressive stance.
.



Interesting.

I have noticed that every E500E in 199 Blue Black (including Mine) has a different shade !
We parked 5 cars next to each other. and each one had a slightly different shade.

I think some of the old MB paints had a strange bleaching effect when they age.

regards

195910