Mercedes-Benz 500E (W124)
1990–1994
Lowest price
£31,500
Since 2020
Median price
£45,775
Since 2020 · n=4
Highest price
£47,500
Since 2020
Sold cars
4
All time
Sell-through
100%
Of 4 lots

Based on 4 verified auction results
£78,000
Market value · recent verified sales
+14.5%
12-month change
Hold or Wait
Appreciating but pace slowing. Patient buyers may find better entry.
Median sold price up 14.5% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.
MSRP
—
Collectibility
7/10
Highly Collectible
3-Year Forecast
£107,099
+37%
5-Year Forecast
£118,865
+52%
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Market scores
54
Desirability
Thin
30
Liquidity
Good
70
Resale Outlook
Option premiums
What every option is worth.
Sunroof / glass roof
−£6,738-15%6 with · 7 without · med confidence
Built ≤ 1993
−£5,143-11%7 with · 6 without · med confidence
Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.
Marque analyst note
The Mercedes-Benz 500E W124 sits at a median of £78,000 in the UK market, up 14.5 percent over the past twelve months—a solid appreciation signal against a backdrop of modest transaction activity. The HOLD recommendation reflects a car that has found its footing in collector circles without exhibiting the frothy momentum seen in tighter segments.
With just nine sales tracked over twelve months and only four in our total dataset, liquidity remains thin. This scarcity of transaction evidence means buyers should expect wider dealer spreads and longer marketing windows; sellers, conversely, benefit from reduced competitive pressure, though finding the right match takes patience.
The 500E commands a collectibility score of 7 and sits squarely in appreciating classic territory, underpinned by a modest production run of 10,479 units globally. Its Homologation racing heritage and role as an early AMG-adjacent performance saloon sustain moderate desirability, though it remains less sought than its 190E 2.5-16 Evolution linemate.
Base projections point to £107,099 over three years and £118,865 over five, implying cumulative gains of 37.3 and 52.4 percent respectively. These forecasts assume steady collector appetite and no material shift in the market's appetite for 1980s-early 1990s saloons, with upside potential if the broader classic Mercedes segment tightens further.
The absence of active listings reinforces the thin-market profile; supply remains constrained relative to the small but steady cohort of buyers willing to pursue these cars. Condition and mileage data are sparse in our sample, suggesting due diligence on mechanicals and service history will be critical to negotiating fair value on any transaction.
Depreciation Benchmark
- Current avg value£78,000
- Annual appr. rate+14.5%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked17
- Damage or salvage declared0 (0.0%)
- No damage declared17 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)£600
- Maintenance£1,500
- Storage£2,400
- Depreciation— (appreciating)
- Total annual cost£4,500
For sale now · 1 live
All live dealsMarket Liquidity
- Active Listings0
- Sales Last 12 Months0
- Sell-Through0%
Market Snapshot
- Active Listings0
- Avg Sale Price£42,638
- Avg Mileage at Sale—
- Recent Price Range£31,500 – £47,500
- Total Sales Tracked4
Recent sales
Common questions
What is a Mercedes-Benz 500E (W124) worth in 2026?
The current United Kingdom market median is £78,000, based on 9 verified auction sales. Recent sales ranged from £31,500 to £47,500.
Is the Mercedes-Benz 500E (W124) going up in value?
Over the last 12 months its United Kingdom median moved +14.5%. Past movement is not a guarantee of future value.
How many Mercedes-Benz 500E (W124)s are for sale right now?
We track 1 live auction listing for this model right now — each priced against the market median on this page.
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.
