One of my recent acquaintances has a 1993 E500, a 2008 M5, a 2007 Maserati Q, and a truck. I asked him about the E500, whether he likes it and stuff. He said, of his 13 years of ownership he has never met anyone who knows E500's and everyone think that it is a normal E. But anyway, he said that he will sell it to me if I wanted it but please give me your opinion. I jut got one 560 SEL since a month ago.
1993 E500
52,000 miles, smoke silver with beige
I saw the car from outside couple of weeks ago but I didn't know him then. Now it is at the dealership getting some work done. He said that the suspension may need some work or need to be replaced but I haven't looked at it yet. The car has been in new york most of its life. He says that there is no rust or any cosmetic stuff bad on this car, but again I haven't looked at it.
He wants $6,500 and may be he'll come down to $5,000 if he is selling me. Is that a good price or what should I be offering him.
ow much will it cost to change / work the entire suspension front and back, it has a hydropneumatic as in a 560SEL.
what other things I need to look for. will it hold its value over time. is it really considered special or classic as some people say.
Thanks
Yup, the cynic in me can't wrap my brain around this. Nobody with a legitimate low mileage 500e would consider selling that low. And nobody who knows the cars wouldn't snap it up and never look back. You could put $10k in maintenance into it and still have a bargain.
But seriously, the fact that a 500E is for sale is till the constant that should be pursued if anyone wants a 500E. So the car with low mileage is for sale for an amount that would make most shy away – but it’s still a 500E, a very rare breed to come out form Germany and build by a company that is known for absolute performance for a company that made the best cars in the world and that to me is worth pursuing.
So lets hope that the car is ok and Paruvachian is very lucky to find one that low in price. And even if it needs work (aside from anything like a salvaged title would not fly imho), once a check is ran on the VIN and the car is looked over by a good mechanic who knows the car and it comes back with some work that needs to be done (or maybe nothing serious will come back) – it’s still worth pursuing….the car is that good, period.
was busy this weekend and was not able to post anything. I drove the car Friday for a good hour. The problem with the transaction is, I am not decided yet and what price to offer him and thinking hard whether I need a second car. But, I will make a decision within a couple of days.
The car's interior is pretty good. The seats are very good, but the wood looks dull and the instrument cluster has something like light grey stuff on he plastic, should be cleaned or replaced. The rexin on the pillars are loose and needs to be fixed.
The drive is pretty good. 0-60 comes pretty fast. Downshifts to first when pressed hard and everything looks good. It makes some kind of thud, thud, noise after I drive over road imperfections, like something is loose, but he said already the suspension needs work. The AC was not awesome, outside it was 100 but still it just might need a fillup and I have to check these things with a mechanic, I was comparing the AC with my 560SEL which will blow cold whatever the outside temperate is and I keep the dial at 70-75 and sometimes I will reduce it because it will be too cold.
No lights were on except, windshield washer fluid and headlight bulb failure. All the power options work except driver headrest, but it is staying in the right position for me - if anyone knows whether it is a easy fix let me know.
There was some rattling kind of noise in the back drivers side when driving hard, maybe something loose, I didn't check.
It has a clean carfax history. The car has 52,000 miles.
Sounds okay so far, although AC likely = $1300 to $1800
for $5K-$6.5K...
I would get the cash together and get a mechanic to look at that car fast. Unless he is hiding something worse than you've described, the price is well worth it. Let a mechanic decide...but if it looks great, you could sink another $5K and still be in a fine position (plus, all the things you fix, are good for years going forward)
Do a search of this site for a checklist before buying, but I am surprised the asking price isn't up over $10K...maybe something fishy, maybe a lazy seller. Lazy sellers FTW.
cars from NY suck... they get abused and people are just crazier here so they arent afraid of stepping on it.... i know cause i live here
suspension wears prematurely in some cases 50k earlier then it should... we see more construction here then probably all of montana in a year (no offence to montana residence the name just came up)
and cars from NYC area are more likely to get into accidents because of the density of mile of road to car.... i honestly think its hit and he knows it... and is trying to 'G' you real quickly... and since he purchased it from the original owner he obviously paid a pretty penny to acquire that whip and obviously must have known the true value... you dont just buy a 500E for however much he paid... i am guessing above 50k for something with 10k on it back then when you can get a 300E at like 56k msrp...
car fax... vin tags.... and drive it... drive it alot...
Correct me if I'm wrong but no one has pointed this out. He said he is selling an E500 for $6500 and if that is the casr then that is a fair to semi higher price. Now if he is selling a 500E, the actual Porsche and Mercedes combo, then $6500 is a steal even if it needs work. I wanred to point that out so he doesn't buy the wrong car thinking it is something it isn't.
Here is why I would never, ever sell my car -[/QUOTE]
My Gosh! What a great looking W124. I was gifted one similar to yours however it had been sat under a tree for four years so the paint needs a lot of love and attention and most of the trim has faded. Other than that it is in near perfect condition with all the electrics working fine and the engine turns over and runs perfectly smoothly.
While we're on the subject of cost and value ~ this was a neighbour whose door I knocked to make a speculative offer and who said, "I wouldn't mind getting back the space on my driveway, if you want it, take it!"
If you are genuinely being offered this at $5,000; I'd take a punt and have it. I don't see how you can lose even if you end up breaking it!
Needless to say they are basically the same thing !
Production figures and yearly changes
1505 of the "super" sports sedans were imported into the USA between 1992 and 1994, or roughly 500 cars per year of importation.
Production figures
year units
1990 46
1991 2,566
1992 4,416
1993 1,596
1994 1,735
1995 120
total production = 10,479
It is little-known, but 120 cars were produced between January and approximately May 1995, as last-request cars for special customers before the series ceased production. These last cars were produced in the Porsche Rossle Bau building alongside Audi RS2 sport wagons, as that production contract went into full swing with the same work-staff that built the 500E and E500.
The 500 E/E 500 underwent few significant changes during its three-year production run. Models from 1992 and 1993 are virtually indistinguishable from each other on the exterior, with the most notable change being a slightly less powerful (-7 HP) engine in the 1993 and 1994 model for USA. The 1994 E 500 model is more easily identified because of the cosmetic changes that affected all E-Class cars that year (updated headlights, grille, and trunk-lid; the bumpers were painted the same color as the car). The engine, however, remained unchanged from the 1993 500 E. 1994 models carried an upgraded sound system made by Becker or Alpine, replacing the two-piece Becker 1432 unit used in model year 1992 and 1993 cars. Significantly, 1994 models had larger front and rear brakes than 1992 and 1993 models, courtesy of the R129 SL600 roadster. Numerous running changes were made to the car's mechanical systems during its production life.
The 500E and E500 were known by Porsche as Type 2758 in that company's official nomenclature. As of June 2011, an example of a 1995 E500 Limited is on display in the new Porsche Museum in Zuffenhausen, Germany.
Hey you guys; I would like to add my two cents worth to this post. I too have a 500E 92 year in pretty good shape the only thing thats wrong with it , needs a good tune-up. The car to me was the ultimate steal, my sister had the car and would never drive it so i adopted it and drove it for a year or so before she decided to give it to me.Though i did give her $1500 for it, so now to get it tuned. By the way i also have a 92 500sl roadster that is quite a piece of work . So you can see i do have my hands full. Just wanted to comment....
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