MERCEDES-BENZ 500 E

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A Highly Sought-After Young Classic: The Mercedes-Benz 500 E

A highly sought-after young classic: the Mercedes-Benz 500 E. 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 and has long been one of the brand’s most desirable “young classic” models. A modest appearance at first glance characterizes 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. However, the engine tells a different story: eight cylinders in a “V” configuration, a displacement of 5 liters, and 326 hp (240 kW) of power make this saloon a wolf in sheep’s clothing. It takes just 6.1 seconds for the sprint from 0 to 100 km/h, while the top speed is electronically limited to 250 km/h—performance figures worthy of a sports car.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

The combination of all these ingredients and characteristics creates the allure that the Mercedes-Benz 500 E has exuded since its first appearance at the Paris Motor Show in October 1990. You can still feel it today. Indeed, this powerful saloon has long been one of the most highly sought-after young classic cars bearing the three-pointed star. Just 10,479 units were built until 1995—a figure that also includes the E 60 AMG, with which it is counted in the production statistics. The first 500 E cost 134,520 Deutschmarks—more than twice as much as a 300 E, a car which itself could not exactly be called unspectacular. By the end, the price was 145,590 Deutschmarks for an E 500, as it was designated from 1993 onwards. So it is perhaps hardly surprising that there are very few well-preserved 500 E/E 500 models still around. However, anyone who does buy one will find they have an exceptional and powerful saloon that is nevertheless extremely practical for everyday use.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

Technical Specifications and Development

The engine and four-speed automatic transmission were taken from the 500 SL, but the 500 E did incorporate several other new features. It was the first car to feature what was known as the “standard deck” engine—one and the same crankcase used for both the 4.2 and the 5.0-liter unit. This meant that the 5.0-liter engine was 16.5 millimeters lower here than when it made its debut in the 500 SL (R 129) a year and a half earlier. Shorter connecting rods ensured that the bore-stroke ratio remained the same. In addition, in the Mercedes-Benz 500 E, the Bosch LH-Jetronic injection system, with electronic control and air-mass sensor, replaced the previously used mechanical/electronic KE system. From October 1992, the engine output was lowered slightly to 320 hp (235 kW) to reduce both fuel consumption and pollutant emissions. Compared with the 500 SL, the 500 E had a shorter axle ratio (1:2.82), benefiting acceleration. The top speed of both models was electronically limited to 250 km/h.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

Collaboration with Porsche

The Mercedes-Benz 500 E was created in close cooperation with Porsche. Based in Stuttgart, the sports car manufacturer was brought on board by Mercedes-Benz at a very early stage to boost the company’s own somewhat stretched development capacity. The manufacturing process was subsequently split: the bodyshell was painted at the Mercedes-Benz Sindelfingen plant, while the final assembly of the components supplied from Sindelfingen and Untertürkheim was undertaken by Porsche in Stuttgart-Zuffenhausen. There were two reasons for this. First, the production order came as a timely stroke of good fortune during what was a somewhat difficult period for the sports car manufacturer in the early 1990s. Second, the relatively small volume was an ideal match for the manufacturing processes at Porsche, meaning that production of the Mercedes-Benz 500 E could not have been in better hands.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

1993 Facelift and Renaming

The powerful saloon benefited from the last facelift of the W 124 model series in 1993. The first change related to the name: the mid-series was renamed E-Class and, as with the other model series, the model designation now preceded the figures and the “E” for the injection engine (“Einspritzer” in German) was omitted, making the 500 E the E 500. The design idiom of the exterior design was updated, with one of its revised features being the radiator grille, which from that point on was framed by and integrated into the bonnet. For the saloon models, there was also a redesign of the rear end. The boot lid and the wings were given edges with a wider radius, while the area around the number plate was also modified.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

Equipment and Appointments

The equipment and appointments of the Mercedes-Benz 500 E lived up to its positioning as the top-of-the-range model in this series in that they were extremely extensive. Given the car‘s extraordinary power, standard equipment such as acceleration skid control (ASR) was a necessity rather than mere technical gimmickry.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

The 400 E/E 420 Model

We should also mention the 400 E/E 420, launched two years after the 500 E in October 1992. This car, too, had a powerful eight-cylinder engine under its 124-series body. This model may not have been designed as a sports saloon but instead as a car for effortless long-distance motoring. However, when it came to inconspicuously packaged power, it outrivalled the Mercedes-Benz 500 E since it did not even feature the discreetly flared wheel arches of the sports saloon.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

Discontinuation and Legacy

Production of the Mercedes-Benz 500 E was discontinued in April 1995. The 210 model series was already waiting in the wings to succeed the 124 series and was launched in June 1995. There were quite a few customers who regretted not having bought an E 500. Demand for a sports saloon of this kind remains to this day, so a particularly powerful model has been part and parcel of virtually all Mercedes-Benz model series ever since—often created in collaboration with cooperation partner AMG, which became the subsidiary company Mercedes-AMG GmbH in early 1999. The International Motor Show in Frankfurt (IAA) in September 1995 thus marked the debut of the E 50 AMG as the successor to the 500 E.

CLASSIC CAR MERCEDES-BENZ E500
MERCEDES-BENZ E500

Key Takeaways

    • The Mercedes-Benz 500 E, launched in 1990, is a top-of-the-range model in the 124 model series and is highly sought after as a “young classic.”
    • It features a 5.0-liter V8 engine producing 326 hp (later 320 hp), allowing it to sprint from 0 to 100 km/h in 6.1 seconds with a top speed limited to 250 km/h.
    • Only 10,479 units were built until 1995, making well-preserved models rare and valuable.
    • The 500 E was developed in close cooperation with Porsche, which handled part of the manufacturing process.
    • In 1993, the 500 E was renamed to E 500 as part of a facelift and the renaming of the mid-series to E-Class.
    • The 400 E/E 420 model, launched in 1992, also featured a powerful eight-cylinder engine but was designed for long-distance motoring rather than as a sports saloon.
    • Production of the 500 E was discontinued in 1995, but its legacy lives on in the form of high-performance models in subsequent Mercedes-Benz series, often developed with AMG.

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