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I've decided that the 500E is the best car in the world for the DIY. I thought about getting a 211 E55 (don't like looks of 210) but they have too many electrical nano-nothing parts. The 500E just looks good.

What is a good purchase price for a 500E/E500 with 120,000 miles in good, not excellent condiditon?
 

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Whooo.

Figure on low-five digits. I'd wager you might find one in decent shape, no wrecks, for $12K...if you're patient.
 

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1994 E320 Coupe, Midnight/Rio Blue/Gray, 107K miles
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A good one for $12K would a good buy...as would a GREAT one for $15K. There are super ones out there, but those are rarely for sale, so beware of the inflated examples claiming to be super, they're often not.
 

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Right now in switzerland they range from 13,800 for a 186,000 mile example to 44,000 for a 50,000 car.

I'm currently looking at a perfect black on black 100,000 mile car priced at 17,000.
 

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99 SLK230 Kompressor, 5 Speed Manual
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I've decided that the 500E is the best car in the world for the DIY. I thought about getting a 211 E55 (don't like looks of 210) but they have too many electrical nano-nothing parts. The 500E just looks good.

What is a good purchase price for a 500E/E500 with 120,000 miles in good, not excellent condiditon?
I'm pretty surprised to hear a 500E as a good DIY prospect. It is a complex automobile. It's not as if it were a manual 240D.

I don't mean for this to be a slight toward the 500E. It's a FABULOUS automobile, but if you're buying it thinking that you can keep it in top shape as an average Do It Yourselfer, you might be in for a surprise.

If you are a well equipped and very experienced and studied DIY'er then this could work well for you.

If the 500E had been available with a manual transmission, I would be on the search for one myself.

Good luck in your search and I hope it all works out well for you. What a fabulous ride it will be.
 

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95 S280, 95 C280, 94 C280, 95 E320 conv & wagon, 94 E420, 93 300D, 88 300SEL, 85 300TD, 83 500SEL
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You know that you can get a good 400E which has about 85% as much power as the 500E and except for the subtle fender design, looks the same as a 500E for under $5K.
 

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1994 E320 Coupe, Midnight/Rio Blue/Gray, 107K miles
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In terms of day to day use, the point is well taken that a nice well-bought 400E provides essentially the same driving experience as a 500E for fewer bucks...but for many of us, the allure of the 500E seems to be rooted in its factory performance car DNA.

I just love the idea of the 500E, a hand built collaboration of Porsche and Mercedes slightly different in concept than AMG W124 variants. With apologies to their fans, Hammers and other early AMG sedans were tuner cars. Suspensions and engines were swapped out and aero appendages were added. The 500E was inherently a bit more grown-up and subtle, I think. The wider factory steel fenders and front fascia were really only clue tipping the 500E as a border-to-border Euro stormer. The button down bank president who couldn't consider spending his stock holder's money on an AMG could snag a 500E for the company car, no problem.

FWIW, I can justify my W124 Coupe's space in the car stable as a nice weather business car and out-to-dinner conveyance with my lovely wife. I could easily sneak a 500E into that role and sell the swap. If I showed up with an AMG, the dear lady would be looking to have the sports car stable trimmed and would probably prefer taking the Tahoe to dinner :)
 

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99 SLK230 Kompressor, 5 Speed Manual
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I have never been behind the wheel of a 400E OR a 500E, but this is what I expect to be the difference. I expect the 400E to drive very much like a 300E with more power. The 500E OTOH should drive like an improved suspension 300E with more power.

I enjoy a great handling car so I would much rather have a 500E. Also, there is a chance that the 500E value, kept in good shape of course, may never go below $12K.
 

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My $0.02

For what its worth, there is no comparison between a 400/420e and a 500e. The 400e is a nose-heavy 300e with more power and slightly better braking. The 500e is a factory hotrod.

There is no reason why someone who could DIY a 300e couldn't take care of a 500e. The big difference is the updated engine management system on the 500e that, quite frankly, is shared with the 400e so what's the difference?

Things to look out for other than the usual signs of fanatical maintenance/ownership are
- replacement of the Electronic Throttle Actuator (ETA)
- replacement of the three wiring harnesses in the engine bay
- replacement of the radiator
- condition of the headliner (they get loose and sag when they go bad - no solution but to replace)
- any sounds from the M119 that might indicate a problem
- clunking noise or "springy ride" from the rear suspension

I bought mine in May. Between purchase price and what I have done to it, I have $11,000 in it and it is simply the best car I have every owned. I would hesitate to sell it and probably wouldn't take less than $15,000 if I did.

Best wishes finding the right car for you. If you have any questions PM me.


-
 

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'92 500E
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There are 14 right now on Autotrader. This should give you an idea. I'd say 1$12k to $16k. I bought mine 5 years ago for $10k, with 136,000 miles. It now has 203,000 miles. Just keeps on running. I've changed the MAF sensor and the throttle actuator, plus brakes, and tune-up items. A great, great car. Good luck
 

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Nice color Bill! And for what its worth, '92s have 7 more hp than 93's, and I believe '93 was the last year the cars were assembled by Porsche.
 
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