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Car Tales: A Classic Young Classic, Mercedes-Benz 500 E

‘The 500 E is a magnificent high-performance sedan that’s heavy on the visceral,’ decreed Road & Track in its May 1992 edition. ‘It looks right (low slung, intimidating, but not showy, like the AMG Hammer or Mercedes’ own 600 SEL). It sounds great (nothing beats the thunder of a big V8).’
1992 Mercedes-Benz 500E for sale
‘It goes sinfully fast for a family 4-door (155 mph, electronically limited). It has everything you’d expect in a Mercedes. And a few things you wouldn’t. Mostly, gobs of horsepower and an attitude that says…well, you know the word.’

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Certainly the Mercedes-Benz 500E is part of the crème de la crème of 1990s’ motoring, long one of the Mercedes brand’s most desirable ‘young classic’ models.
1992 Mercedes-Benz 500E side view
Just look at some of the celebrities who owned one: Princess Diana; Michael Jackson; Sylvester Stallone; Arnold Schwarzenegger; David Letterman; William ‘Captain Kirk’ Shatner. And that’s just a handful…

Anyone in the know will already be slavering at this model designation: launched in 1990, 25 years ago, the Mercedes-Benz 500 E with V8 engine and subtly muscular body is the top-of-the-range model in the 124 model series.
A modest appearance, at first glance – this is one side of the Mercedes-Benz 500 E. Only the somewhat more voluminous wings, the slightly lower body and a modified front apron with inset fog lamps differentiate it from the other models in the 124 series. But then there’s the engine: eight cylinders in a ‘V’ configuration, a displacement of 5 liters, 326 PS (240 kW) of power. All of which makes this saloon something of a wolf in sheep’s clothing.
The combination of all these ingredients creates the allure that the 500 E has exuded since its first appearance at the Paris Motor Show in October 1990. You can still feel it today. Just 10,479 units were built in the years until 1995 – a figure that also includes the E 60 AMG, which is counted in the production statistics.
1992 Mercedes-Benz 500E rear view
So it is perhaps hardly surprising that there are very few well-preserved 500 E/E 500 models still around. But anyone who does buy one, will find they have an exceptional and powerful saloon that is nevertheless extremely practical for everyday use.
1992 Mercedes-Benz 500E interior
At Beverly Hills Car Club we have one now, a 1992 Mercedes-Benz 500 E with 87,336 miles, finished in its factory color Brilliant Silver Metallic (744) complemented with Gray (278) interior. Automatic transmission, V8 engine, twin exhaust, VDO instrumentation, sunroof, four-wheel disc brakes, Nitto tires, HRE wheels, full-size spare tire fitted in the trunk.
Additional convenience features include air conditioning, electrically adjustable seats, cruise control, outside rearview mirrors (right electrically controlled), power windows, AM/FM radio, headlamp wiper/washer, armrest/storage, door pockets, and sun visors with vanity mirrors.
What sets this particular example apart is its great history. With a clean CARFAX report and receipt copies totaling over $40,000, you can rest assured that this vehicle has been meticulously maintained and cared for. The extensive investment made into the vehicle from November 2010 through August 2022 showcases the owner’s commitment to preserving its optimal condition. The precise handling and responsive performance of this Mercedes-Benz makes it a joy to drive, whether you’re cruising along the coast or navigating city streets. If you’re in the market for a luxurious German classic, look no further than this 500E that is mechanically sound.
The 500E was created in close cooperation with Porsche. With its engineering department being fully occupied with the development of the new S-Class, Mercedes-Benz commissioned Porsche in 1989 to redesign the W124 chassis to fit the 5.0L V8 used in the SL into it, along with the necessary changes on the suspension system and drive train.
But when the car was ready, it was found that its widened wings didn’t fit through the W124 assembly line. Hence Porsche was also commissioned to assemble the car. As a side-effect this arrangement provided workload for Porsche’s plant – the company was in crisis at the time and its factory capacity was under-utilized.
1992 Mercedes-Benz 500E engine
During production Mercedes-Benz delivered parts to Porsche’s plant where the 500E chassis was hand-assembled. When finished the chassis were transported by truck to the Mercedes-Benz assembly plant to be painted. As soon as the paint was dry the varnished chassis were then shipped back to Porsche where the engine was put in and the car completed. For final inspection and delivery the vehicles again were transported to the Mercedes-Benz assembly plant. This process took a full 18 days per car.
18 days?
That’s nothing – considering this car will be with you for a lifetime.
-Alex Manos, Owner
Mercedes-Benz 500E buyer Alex Manos

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