FOR SALE 1992 500E, Black/Black, 57kmi, MBM auction (El Paso, TX)

[usarover]

Yes, that sucks about Gary. He was really a great guy, and super knowledgeable. I knew him from my M100 days, owning the 6.3 and 6.9. He did a few years back sell me some NOS C126 Euro exhaust components - I was grateful for that.

The last engine he rebuilt was a 6.3, what a beaut!!

 

[gsxr]

Sold for $49k or $51k with MBM fees, about $55k with T/T/T/T.

3 bidders ≥ $48k.
#4 and #5 were at $40-$41k.

 

[gsxr]

Back on MBM!! For sale by dealer. Odometer up to 56,625 which is <1000 miles since the sale in Sept-2024.

REALLY odd this was purchased/titled in KY in Oct0-2024, then got dumped at auto auction FOUR MONTHS later in Feb-2025.

1992 Mercedes-Benz 500E w/56k Miles For Sale | The MB Market

Bid for your chance to own this 1992 Mercedes-Benz 500E on the MB Market! Finished in Black Pearl Metallic (199) over Anthracite Leather (271), this 500E is powered by a 5.0L M119 V8 and shows only 56k miles from new with thorough recent servicing, a clean history, low mileage, and a clean KY title.

thembmarket.com

 

[gsxr]

Listing & photos:

1992 Mercedes-Benz 500E w/56k Miles​

Well-Maintained and Well-Preserved Example Featuring Low Mileage, Clean History, & MBM History​

This 1992 Mercedes-Benz 500E was originally sold new in Lexington, Kentucky where it remained dealer serviced with the original owner until 2019 where it joined a collection and was then sold on The MB Market last year (Sept-2024). The car features a clean Carfax showing just two owners from new. Finished in Black Pearl Metallic (199) over Anthracite Leather (271), this 500E is powered by a 5.0L M119 V8 and paired with a four-speed automatic transmission driving the rear wheels. A major service in February of 2023 included replacing suspension components along with the water pump, thermostat, oil pan gasket, spark plugs, lower wiring harness, fuel filter, valve cover gaskets, camshaft seals, a coolant and transmission fluid flush, and air conditioning compressor with dryer. The most recent service by the current owner includes a new fuel filter, fuel pumps, and a three-step paint correction. Equipment includes a power-operated sunroof, lower front fog lights, 16″ alloy wheels, Automatic Slip Control, power-adjustable and heated front seats, automatic climate control, cruise control, and a Becker Grand Prix stereo. This 500E shows just over 56k miles and is being offered by the selling dealer with the owner’s manual, service records, a tool kit, original leather key sleeve, a clean Carfax, and a clean Kentucky title.

The car is finished in Black Pearl Metallic (199) with gray lower body cladding. Equipment includes lower front fog lights, headlight wipers, 500E-specific headlights, and a power sunroof. The 500E comes factory fitted with flared front and rear fenders along with widened bumpers and side cladding to match compared to a standard W124. All 500E's were assembled on a Porsche assembly line due to their widened track and then sent back to Mercedes-Benz for completion with each car taking eighteen days. The car features a facelift update at the front including an updated waterfall style hood, grille, and headlights from a 1994 E500. The current owner has done a three-step paint correction in preparation for the sale. 199 Black Pearl Metallic has a fragile clear coat that crazes over time and this car exhibits none of those side effects. The seller has added clear paint condition photos to the gallery.

Factory 16″ 8-hole wheels are mounted with Continental ExtremeContact DWS 06 Plus tires measuring 225/55 on all four corners with 2021 date codes. The 500E featured Porsche-tuned suspension with a lower ride height than contemporary standard W124 models and also required a wider track for better handling. The seller reports a brake fluid flush was performed in 2019. The rear end links, front spindle bushings, control arms, tie rods, and wheel-speed sensors were all replaced in February 2023. The 1992 500E sports 300x28 mm front brakes which were pulled off of the R129 and this example appears to be fitted with the ATE four piston calipers.

The cabin features front and rear Recaro designed sport seats upholstered in Anthracite Leather (271) which is also continued on to each door card. Burl wood trim accents the dashboard, center stack in the front and rear, and door panels. Minor cracks in the wood veneer can be seen around the window switches. Equipment includes power-adjustable and heated front seats, dual front airbags, an electric rear roller blind, automatic climate control, and a Becker Grand Prix stereo. The Becker head unit was rebuilt in 2019 along with the shifter bushings, air conditioning compressor, and dryer being replaced in February 2023. Floor mats are missing.

The four-spoke burl wood and leather Sportline steering wheel frames VDO instrumentation that includes a 160mph speedometer, a 7k-rpm tachometer, an analog clock, and gauges for coolant temperature, fuel level, and oil pressure. The speedometer gears were replaced in February 2023 and the six-digit odometer shows just over 56k miles. The 500E also got a shorter rear end with a 2.82 gearset which gave quicker acceleration and let the car sit in a better power band on the highway – note the lower “end of gear” notations on the speedometer cluster compared to a 400E. The 500E also got the smaller 390mm Sportline steering wheel over the 400mm standard leather wrapped steering wheel seen in the more common models.

The 5.0-liter M119 V8 was factory rated at 322 horsepower and 354 lb-ft of torque when new. Power is sent to the rear wheels via a four-speed 722.3 automatic transmission. The Carfax report shows 32 service history records, 31 being at the same dealer during the original owner's tenure which ended in 2019. The most recent service was performed by Mercedes-Benz of Nashville. The faux leather air intake boot covers are still intact. The air conditioning control module and an oil change was performed in 2019 along with a brake fluid flush. The current seller changed the fuel filter and fuel pumps in preparation for the sale. The previous owner performed major service in February 2023 included the replacement of the following parts:

• Rear end links
• Front spindle bushings
• Control arms
• Tie rods
• Wheel-speed sensors
• Air filter and intake tubes
• Belt tensioner
• Water pump
• Coolant flush
• Thermostat
• Oil pan gasket
• Oil level sender
• Lower engine harness
• Spark plugs
• Exhaust hangers
• Fuel filter
• Valve cover gaskets
• Camshaft seals
• Air conditioning compressor and dryer
• Transmission fluid flush

In preparation for the sale a thorough 3-step paint correction was performed. The two-owner Carfax report shows no accidents or other damage and lists linear mileage updates since new. This 500E is now offered with just over 56k miles and includes the owner’s manual, service records, a tool kit, a clean Carfax, and a clean Kentucky title.

The MB Market Insights
Some of us at The MB Market will argue that Mercedes-Benz peaked with the 124.036 500E/E500. It was the last performance hurrah of the W124 before the Chrysler merge and Mercedes-Benz threw the top of the line 5.0-liter M119 into the W124 with a lot of R129 front suspension and braking components. It’s a home grown OEM+ E420 build from the factory. Porsche was desperately scraping together 964s, 968s, and 928s together with just over 4,000 units sold in the U.S. They were near bankruptcy and had hit rock bottom, but were building arguably their best cars ever. Being neighbors in Stuttgart, Mercedes-Benz threw the 500E to Porsche since they were an engineering consulting company to begin with as the widened 124.036 couldn’t fit down the assembly line. Mercedes-Benz wanted to see their competitors succeed. And thus, one of the best cars the brand built came to be. This 500E sports the most desirable color to enthusiasts and has the very light and very rare 8-hole wheels from the R129 still attached. The low miles paired with the big service in 2019 makes this car turn key. Another major plus is the lower writing harness having been done. There’s only a few people out there that still build these since they are NLA, so they’re hard to come by. The updated glass headlights from a facelift car and the pre-facelift bumper give it a butch look we love. The collector grade miles certainly add to the appeal.

 

[gsxr]

More pics.

 

[gsxr]

Rest of pics & Carfox.

 

[Bogeyman]

"The updated glass headlights from a facelift car and the pre-facelift bumper give it a butch look we love. "

Translation??

 

[gsxr]

"The updated glass headlights from a facelift car and the pre-facelift bumper give it a butch look we love. "

Translation??

They don't know what they're talking about. There is no "facelift" bumper on the 036, although the impact strips were black on pre-facelift, and painted bumper color on facelift. I'm seeing a partially-facelifted car: hood+headlights+turn signals, painted impact strips. Pre-facelift tunk lid remains.

 

[Bogeyman]

Sold for $56.6K + fees.

 

[gsxr]

Top bids:

$56,600 Endever
$56,100 elephants
$51,555 MFF28
$47,500 Mercedesbarn
$42,500 babtainy
$39,500 Benzmac
$36,500 MercedesDad
$35,500 henryr

 

[Bogeyman]

The seller was really pushing at the end. I don't know if he helped himself or not.
Is there such a thing as overanxious seller? Like overanxious bridegroom?

 

[gsxr]

Is there such a thing as overanxious seller? Like overanxious bridegroom?

YES. Excessive cheerleading by sellers can become obnoxious. This includes posting repeat photos over and over during the last hours / minutes of the auction. Tends to be dealers doing this grandstanding, not private sellers.