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Thread: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

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    FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Highest mile .036 we've seen in a long time?

    VIN = WDBEA36E4PB906737

    https://portland.craigslist.org/mlt/cto/6682404201.html

    http://germancarsforsaleblog.com/fea...-350000-miles/

    1993 Mercedes-Benz 500E with 350,000 miles

    I’ve proclaimed my love before of ultra-high mileage Mercedes-Benz by fawning over a 2003 G500 with 318,000 miles and a 1980 300D with 585,000 miles, but today’s car is something I didn’t expect to see with a ‘3’ as the first digit on the odometer. I shouldn’t be all that surprised since it is a W124 and there is a probably one right now being used as a taxi somewhere in Africa with somewhere over 600,000 miles on it. You think I’m kidding? What did surprise me is that this particular W124 with over 350,000 miles is none other than the legendary 500E. This is the highest mileage .036 I’ve run across in as many years as I can remember because since the day this car rolled off the production line in Zuffenhausen, they’ve always been expensive and collectible cars. The nearly $82,000 window sticker in 1993 and the current market prices for these cars have kept them in the hands of loving owners who often have more cars than they have pairs of shoes. This of course keeps miles off these in general because of how special they are and also the fact that some 500E specific parts are rather pricey and not the easiest to source thanks to a lot of little pieces being no longer available. From afar, this DB702 Smoke Silver over Parchment 500E up for sale in Portland, Oregon doesn’t show one-bit of its mega miles and I’m quite impressed with its condition even for being in California for almost its entire life:

    1993 W124 500E for sale, assembled by Porsche. E500 - $14000 (Portland / Salem)

    If you’re looking at this ad, you know exactly what this car is. If you aren’t aware of what makes this car special, these were built at the Porsche factory in Zuffenhausen outside of Stuttgart. They were assembled with wider front fenders, SL500 suspension and brakes, as well as the twin cam 32V 5.0 V8 from the same car. This is a factory hot rod in an era where a new Corvette made 300hp, or less than the 322 ponies in this car. They imported roughly 500 of these a year so they are quite rare.

    This particular model is Smoke Silver Metallic with Parchment leather. The power seats completely work including headrests and memory function. The driver seat was upholstered with the factory leather cover a couple of years ago. The automatic climate control works well in all functions. The heated seats also function well. There are no warning lights on in the gauge cluster. This model also has the CD Changer installed and working with the working Becker Grand Prix 2000 cassette stereo. The gentleman that owned this car traveled quite a bit for business and this was his travel 500E for his occupation, hence the miles. The rear suspension has been serviced with necessary components replaced to insure that the load leveling functions are fully operational. Paint is ok. What I mean by that is that the upper surfaces have some sunburn areas. It’s not perfect. With that said, the bumpers have the original VIN stickers so that tells me that there aren’t any accidents because bumpers only have VIN stickers when they are new. This car also still has the original wheels. While I would agree that the 18″ AMG Aero Monoblock 2’s are the best looking wheel on this car, they aren’t the original wheels and they are getting harder to find.

    I am the third owner of this car. I’ve loved these since they came out so of course I bought this when it became available to me. Then I told my wife. You can probably piece the rest of that story together.

    The last owner resided in California as did the original owner. Because of this, the paint shows the effects of the California sun over the last 25 years. Add this to the mileage and the fact that I HAVE to sell it, and you can understand why this 500E is priced aggressively. It’s unfortunate really as this is one of my “bucket-list” cars and will probably go on my “list of automotive regrets” (cars you sold that you shouldn’t have like that 67 VW Deluxe Bus and 89 E30 M3) when it sells.

    There are a few minor things that should be disclosed:
    Is it perfect? No. I’m sure it’s got a couple of oil leaks. It’s an old MB. They do that.
    The power antenna doesn’t go up and down. I don’t use the FM.
    The blower fan for the climate control squeaks at low fan speeds.

    This car is ridiculously good for the age. These are of the “million mile Mercedes” era with tank like construction and are truly over-built.

    contact name:
    Dennis

    call or text:
    ☎ (541) 292-6111

    From what I can see from the photos, this 500E came from a loving home and received the attention it probably commanded to get to this mileage. The seller tells you what you need to know about the cosmetic condition of the car and you can piece together the rest, but it is presentable and no way screams ”this car has 350,000 miles.” The exterior has a couple of love taps and the recovered drivers seat is a nice surprise but I am more impressed about the mechanicals. While the M119 is a hearty engine, it needs attention just like anything else. I’m sure this car has been through a few waterpumps, many hoses, enough oil to fill a 50 gallon drum, a bunch of suspension bits and if this car is still on its original transmission, it will be a miracle from the Mercedes gods. I don’t care if you are buying a 35,000 miles 500E or this one, it is highly recommended you get a pre-purchase inspection because these cars are capable of hiding five-figures worth of things that need addressed. I am not saying that is what is going on with this car, but given its extreme mileage, a simple peek under the hood and drive around the block isn’t advisable. The seller has indicated to us he is willing to work with the right buyer to make a deal happen.

    Because of the high mileage, this 500E comes to market at a lower price point than many but it is not without competition. Legends rarely align with the moniker “cheap”. There is another 500E on the market right now with 200,000 miles in similar condition for $15,000 and some other ones floating out there for under $20,000 as well, but again a careful PPI could reveal thousands more in unknown work needed on those that isn’t shown in a profile shot. The 350,000 odometer reading is going to scare a bunch of people away right off the bat no matter the price and if you hit them again with the $14,000 ask many would probably scoff. But properly cared for, there are some people who would have no problem signing up for this 500E. If this car wasn’t 2,500 miles away from me, I’d entertain buying it because I think the .036 is just one of the ”most-own” Mercedes that you can experience for a year or probably keep for a lifetime. This one is an example how it’s possible.

    – Andrew
    Attached Images Attached Images
    '00 E55 AMG
    '83 240D
    '80 300SD

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    Re: FS: 1993 500E, Smoke Silver/Parchment, 350kmi, $14k (Salem, OR)

    "I shouldn’t be all that surprised since it is a W124 and there is a probably one right now being used as a taxi somewhere in Africa with somewhere over 600,000 miles on it..."

    Mr. Glen to the white courtesy phone....... Mr. 'Million KM' Glen, to the white courtesy phone please...

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    FS: 1993 500E, Smoke Silver/Parchment, 350kmi, $14k (Salem, OR)

    '94 E500 (744) | '94 E500 (199)         Misc. snapshots

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    Re: FS: 1993 500E, Smoke Silver/Parchment, 350kmi, $14k (Salem, OR)

    Part of me wants this to attempt to join the "Million KM" club. ��

    I'm local if anyone wants me to check it out.

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Having bought other "high" mileage cars with success this one is intriguing. In my experience the higher mileage cars tend to be more cared for. They didn't get to that mileage because the owner didn't change fluids/issues.

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Still.. 14k? I thought 10 would be more realistic.
    '00 E55 AMG
    '83 240D
    '80 300SD

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Quote Originally Posted by Harv View Post
    Still.. 14k? I thought 10 would be more realistic.
    We've seen wrecked cars sell for $10k a year or two ago. There was also the barely-running rustbucket in the nor'east a while back that was going for ~$10k.

    A rust-free, driving, non-wrecked example doesn't seem unreasonable at $14 asking in today's market, even with high miles... IMO. Time will tell if it will move at this price, or if people are scared of the miles. Looks like a great driver to me. I'd take this ANY day over a cancer patient with low miles.


  14. #8

    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    I'll be setting up a PPI, will be interesting to see how it turns out. I'm not looking for a museum car, I want something I can drive every day and not worry about depreciation. I bought the highest mileage GT3 I could find, and am happy with that decision.

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Quote Originally Posted by gsxr View Post
    We've seen wrecked cars sell for $10k a year or two ago. There was also the barely-running rustbucket in the nor'east a while back that was going for ~$10k.

    A rust-free, driving, non-wrecked example doesn't seem unreasonable at $14 asking in today's market, even with high miles... IMO. Time will tell if it will move at this price, or if people are scared of the miles. Looks like a great driver to me. I'd take this ANY day over a cancer patient with low miles.

    But then we have examples like this for 15k.

    https://www.ebay.com/itm/1992-Merced....m43663.l44720
    '00 E55 AMG
    '83 240D
    '80 300SD

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Quote Originally Posted by Harv View Post
    But then we have examples like this for 15k.

    https://www.ebay.com/itm/1992-Merced...-/163212478420
    Good point. That one has been for sale a while, which makes me wonder if there's something up with it....


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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    which gt3? that'll be next on my list

    Quote Originally Posted by ChaoticSquare View Post
    I'll be setting up a PPI, will be interesting to see how it turns out. I'm not looking for a museum car, I want something I can drive every day and not worry about depreciation. I bought the highest mileage GT3 I could find, and am happy with that decision.

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Quote Originally Posted by ChaoticSquare View Post
    I'll be setting up a PPI, will be interesting to see how it turns out. I'm not looking for a museum car, I want something I can drive every day and not worry about depreciation. I bought the highest mileage GT3 I could find, and am happy with that decision.
    Check back in when you buy it.
    '00 E55 AMG
    '83 240D
    '80 300SD

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Quote Originally Posted by duuder View Post
    which gt3? that'll be next on my list
    996. Love how raw it is, and it just keeps going. The problem with it is that it isn't "fun" to drive at street speeds. Really need to get it to 7k RPMs and it becomes not safe quickly.
    Quote Originally Posted by Harv View Post
    Check back in when you buy it.
    We will see how things go. Would make a nice drive back down the coast if it works out.

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    Re: FS: 1993 500E, Smoke Silver/Cream Beige, 350kmi, $14k (Salem, OR)

    Funny how the rear sunshade didn’t make it on to the Monroney sticker!




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