I just purchased a 1992 500E out of Tucson AZ. Auto Transport delivered it yesterday. My buddy has had a couple of 500E's over the years and I have been watching.
This one rolled off the truck last night. The ASR light is on and the ABS Light is on. Under hard acceleration the car will just shut down but comes right back when I let off the gas. Under normal driving conditions everything seems to be fine.
I don't have a tool to pull the codes yet. I tried the ebay link from a previous post - but the tool was gone.
Anyone ever had that type of issue under hard acceleration?