It appeared in 1991 and it was developed and built by Porsche in its factory, in Zuffenhausen. It was the first 4-door vehicle built in the Porsche factory, long before the Panamera was even on the marketing list.
The short story is that Mercedes-Benz board had decided to build a performance vehicle out of the well-known W124 E-Class. It took the biggest engine, a 5.0-liter V8, and somehow installed it in the engine bay. But to do this the engine bay had to be enlarged. As a consequence, the front track and the whole car were wider by 56 mm (2.2”) compared to a 300 E. To keep the outside look of the vehicle and cut costs, the car had almost the same body panels except for the front, where the wheel-arches were flared.
Inside, the car had many luxury features such as automatic climate control, an electrically adjustable right side mirror, dual airbags and an advanced sound system that could be fitted with a CD-changer.
From the technical point of view, the engine was mated to a 4-speed automatic gearbox that had a winter program, when the snow chains were installed. This program told the car to start directly in the second gear instead of the first. The brakes were upgraded to support the heavy vehicle. The 500 E was heavier than a 300 E by around 280 kg (837.7 lbs).
This is an old Test from Auto Mag against a Porsche 928 4S.
This Car is a very honest W124 500E with complete history. It is one of the first released models of this rare breed.
The vehicle offered here was bought at the time by a Swiss banker, with first registration 23.07.1991.
The complete vehicle history including the first purchase request and an invitation to the “Salon de làutomobile de Paris 1990” by former Daimler Benz AG Director Martin Berger is available. The car was bought for 140.000 DM at that time (see pictures)
The purchase & import was handled by the Mercedes Benz dealer “Hardwald Automobile AG”.
In the first years the Mercedes was used by the first owner, the Swiss banker for what it was built for:
Covering long distances quickly. This results in an honest mileage of 314,000km.
The first owners are all from Switzerland.
First owner 1991-1998. second owner: 1998-2010, third owner 2010-2017.
The vehicle was demonstrably always very well maintained. All documents are available.
Every repair is proven. Since 1998, the vehicle has spent the years of its life mostly in dry garages and has been moved only for pleasure and maintenance.
In 2017 the vehicle was transferred to Germany and has been in my possession ever since.
The vehicle is currently registered in Germany incl. recent H-Gutachten 03/2024 and German MOT (TÜV) in Septmeber 2021.
Currently, rare EVO rims are installed.
Original 8-hole rims are available and also in good condition.
The vehicle drives great and is especially fun on long trips.
Recently new brake hoses were installed, the fuel pump relay was changed, a new battery was installed and the operating fluids including a new oil filter were changed. After a short drive the signal light for engine oil currently lights up, probably it is to check d. wiring harness. A classic W124 due to the age of the vehicle repair need for the new owner.
The Car was inspected and valued by Classic-Data in September 2021. It achieved grade 2. Download here the Full Report from Classic Data Gutachten
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