Heroshot

1992 Mercedes-Benz 500E

Mecum Dallas 2022
Wednesday, 7 September - Saturday, 10 September
$49,500
Sale Price
No
Reserve
8 September 2022
Sold Date
T129.1
Lot Number
#3+
Visually maintained, largely original
Mecum Auctions
Auction House
Chassis no. WDBEA36E7NB688161. Charcoal Black over gray leather. 4983/315hp, automatic, sunroof.

Evaluation: Showing 43,873 miles and used. Older repaint with several small blemishes throughout. Cracks in the plastic around the mirrors. Scratches on the grille. Tidy underneath. Decent leather seats but the leather on the center armrest is dry and cracked. The rear console has a crack as well, and the gauges are slightly faded. A piece of plastic around the rearview mirror has also cracked, broken off, and fallen into the passenger footwell. It’s the Benz that Porsche built and for those who know it it’s a rather exciting car, but this one is in used condition.

Bottom Line: Mercedes-Benz’s Stuttgart neighbors over at Porsche built the 500E by hand, and only a little over 1500 were sold new in the US with a retail price of over $80,000. Only perfect ones are worth that today, but given the appreciation for 1980s-90s Benzes and the Porsche connection of the 500E, these cars have a loyal following.

This one was bid to $30,250 on Bring a Trailer four years ago, and then was advertised for private sale a few times in the $60,000 neighborhood. The market hasn’t caught up with the seller’s expectations yet, and although Dallas probably wasn’t the best place to sell a sleeper Mercedes like this, the result here was fair.

by Andrew Newton
16 September 2022
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.