The 500E followed a Mercedes tradition of producing a high-performance car in a discrete saloon body, this sequence began with the 300 SEL 6.3, followed by the 450 SEL 6.9 of the Seventies. The 500E featured the 5.0 litre quad cam V8 of the S and SL class shoehorned into the mid-size W124 saloon body, resulting in one of the finest Mercedes models of more recent times, highly regarded by motoring cognoscenti when new and now the subject of legend.
Mercedes had no factory capacity to produce such a specialised low volume car and as a result Porsche were contracted to produce the 500E on the then redundant 959 factory production line. Indeed, photographs taken outside the factory in this period shows new 500E models awaiting distribution alongside the then current Porsche 911 964 model. Production was necessarily limited, each car being hand finished and only left hand drive was available for all markets.
The 500E was an excellent choice for a driver who wished to cover many miles at high speed and so thirty years on most examples are rather tired with a very high recorded mileage. It is consequently very hard to find a fresh and original low mileage lightly used example like this car. This car, finished in the rare and great colour scheme of Baltic Blue with complimentary Royal Blue leather interior, has covered only 92,600 km in the hands of two owners. It has a comprehensive Mercedes service history and remains in excellent order throughout.
A clue to the fine condition and low mileage lies in the fact that the car was delivered when new on the 11th July 1991 by the Mercedes main dealer in the Canary Islands. It was ordered to a high specification including electric sliding/tilting sunroof, electric seats and steering column, electric rear window roller blind, front folding armrest, heat insulated glass, storage box in front console, Becker Mexico radio 2000, full speaker system with Hirschmann electric aerial and fire extinguisher.
Obviously, the roads of Tenerife where the car resided until 2012 are not designed for high speed travel and the fine climate preserved the car from the impact of winter conditions and salted roads. Rahn Star, the supplying Mercedes maintained the 500E throughout this period as stamped in the original service book and detailed in the extensive invoicing on file.
In 2012 the Mercedes was purchased by the Bulgarian Prince Konstantin-Assen, Prince of Vidin, and Duke of Saxony who exported the 500E to his residence in Madrid. He continued to maintain the car correctly using the Mercedes main dealer for Madrid, the last service being completed by them last year. Again, this has been documented in the service book and detailed in invoicing on file.
This lovely 500E has recently been fully evaluated and any area found wanting has been addressed this includes the expensive replacement of the vulnerable engine wiring loom, one of few weak aspects of this model. Consequently, the car is now in factory correct order and everything works as it should. On the road the car behaves superbly with an alacrity and tautness that belies the passing of nearly thirty years.