1992 Mercedes Benz 500SL Roadster - No reserve - will sell

1992 Mercedes-Benz 500-Series SL

Condition: Used
Make: Mercedes-Benz
Model: 500-Series
SubModel: SL
Type: Convertible
Year: 1992
Mileage: 85
Color: Black and Gray
Engine: 5.0 liter V8
Cylinders: 8
Fuel: Gasoline
Transmission: Automatic
Drive type: RWD
Interior color: Cognac
Safety: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Vehicle Title: Clear
Item location: Lake Forest, Illinois, United States
Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
CD Player, Convertible, Leather Seats

Description for Mercedes-Benz 500-Series 1992

You are bidding on a 1992 Mercedes Benz 500SL Roadster/Hardtop


The venerable Mercedes Benz SL has been through many iterations over the last 60 or more years. I have been an avid collector for many of those years. I’ve owned a 300SL, several 190SLs, many 280s, a number of 560SL’s (own one currently), many 500SLs (R129s and Rxx). It was once told to me that if the Mercedes has a star in the grille, it will one day be valuable. That adage has been very true. I wish I had back many of the SL’s I sold.

I am selling this 1992 500SL because I sold the building where my collection resides. I’ve got less than 90 days to move the cars. We also restored cars at the collection. So, many of the cars I am offering require attention, usually cosmetically. The 500SL being offered is no different. Remember, the car is now 24 years old.

Mechanically, this 500SL is in very good condition.

  • · She starts on the first turn.
  • · She settles into a nice idle.
  • · She shifts very well – the linkage may need an adjustment, when in reverse there is a ticking sound like it isn’t lined up properly. The car goes in reverse perfectly –no issues. Just a small sound.
  • · She brakes very well – straight – no pulling
  • · The convertible top operates very well (as with many Rxx you might need to pull the top down for it to latch)
  • · The seats work fine
  • · The A/C (climate control) works very well – A/C blows cold.
  • · The radio is an aftermarket Alpine unit
  • · The windows operate very well – no cracks or nicks
  • The car has only 85,xxx miles

Cosmetically the car needs attention

  • · The paint has numerous paint chips
  • · There is a parking lot ding on the passenger door
  • · There is NO RUST on this car – a southern car originally
  • · The interior looks fine but is missing a few trim items
  • · The center console and dash wood are in very nice shape and not faded
  • · The door panels need a good cleaning but are fine
  • · The trunk is in excellent condition
  • · Under the hood is surprisingly clean
  • · The rims were added by me. I much preferred the AMG five spoke rims to the standard rims. The originals may be still available at extra cost
  • · The tires are in great condition, not new but very serviceable
  • · The Hard Top IS INCLUDED but not pictured. It must be manually removed. I can provide pics to any interested party.
  • · The convertible top is in excellent condition – no tears or rips of any kind.
  • · The exhaust is quiet with no signs of leaks – just a nice V8 rumble.

The Rxx has seemingly hit the bottom of its value curve and is now climbing in value. Good examples bring premium dollars. The two tone SLs were always very attractive, the black and gray with cognac leather is striking.
Please do not expect a new car, this is a used car with minor cosmetic needs. I’ve described the car as honestly as possible. Inspections are always welcomed. Test drives too. I have a lift at the shop and can put her in the air for you.

There is no warranty implied or expressed - the car is sold AS-IS so ask as many questions as you’d like beforebidding. I answer virtually all emails timely.

Now for the legalese:

Methods of Payment ...

Certified check, Bank to Bank wire transfers, or 3rd-party financing. All funds must be in US dollars only. Please be sure to have full payment and/or approved financing in place before making your final bid. Please call us with any questions or additional information. Due to the difficulty of Foreign Currency/Bank Transactions, purchases from clients outside of the United States, must pay by Wire Transfer only. Please call with any questions or explanations.

Deposit Due ...

The successful high bidder will submit a $500 NON-REFUNDABLE Deposit due immediately following the close of the auction. This $500 deposit is good towards the purchase of the vehicle and will be deducted from the total amount of the purchase. We accept PAYPAL only for the initial deposit only. If the vehicle cannot be picked up or paid for completely within 7-days from the close of auction, Deposits and fees are NON-REFUNDABLE if the vehicle is not paid for.

Balance of Payment Due ...

The buyer agrees to pay remaining balance due (plus applicable fees and taxes) within 7 days of the close of the auction. All financial transactions must be completed before delivery of the vehicle.

Vehicle Titles ...

I have a clear title in hand and ready for delivery. If payment is made other than wire transfer (ie: certified check), I will hold the title for 5-10 business days or until ALL funds have cleared. Please call if you have any questions regarding our titling policy.

Vehicle Shipping ...

I can assist with shipping. Storage fees will apply if the car stays with me after 7 days of the auction close, unless otherwise agreed upon.

Buyer Inspections ...

Every effort has been made to accurately and fairly describe this vehicle to you. I have tried to disclose all information known about this vehicle for you to make an informed decision. I have posted many pictures, especially those that show flaws. Please be advised that used vehicles will have typical scratches and dings inherent for their year and mechanical parts are subject to fail. I welcome and recommends a buyer's inspection. If you plan to have a buyers inspection, please make sure you inspect the vehicle prior to the auction ending. Buyer is responsible for any inspection charges and fees. Buyers Inspections MUST be completed prior to 24 hours before the end of auction.

Warranty Information and Extended Service Contracts ...

Unless otherwise stated in the vehicle description, this vehicle is being sold "as is". No representations or warranties are made by seller, nor are any representations or warranties relied upon by bidders in making bids.

Notice to Bidders ...

I reserve the right to cancel all bids and end an auction early should the vehicle no longer be available for sale. It is agreed by all parties in relation to any transaction involving this vehicle that the proper venue for any legal proceedings will be conducted in the state of Illinois. Miles posted in this listing may vary slightly due to local test driving, in-transit repairs, or road testing. Vehicles that are older than 10 years and/or have more than 100,000 miles will be sold as miles exempt. These are pre-owned vehicles and they are sold as 'As Is' condition.

The buyer is responsible for ALL SHIPPING COSTs.

Vehicle Condition ...

This car is NOT brand new. It is personally owned by me. Please expect a certain amount of wear, use, and flaws, as is standard on ANY pre-owned vehicle that has been driven. All pre-owned vehicles including this one may have dings, nicks, chips, scratches and any other marks that are associated with use consistent with age and mileage of the vehicle. Any known obvious defects that are not normal wear and tear will be noted in the listing.

If you have any questions in regards to this, please do not hesitate to call. We will be happy to answer any of your questions.

Bid Retractions ...

Bid retractions are not allowed nor will be recognized within 12 hours of auctions end. Seller will not be obligated to sell in the event of a late retraction.

Negative or ..0.. Feedback Bidders ...

I do not allow bidding from negative feedback bidders. New bidders with zero feedback rating should email us or call us prior to bidding.

Successful Bidder ...

The winning bidder will be contacted via email after the auction closes or he/she must contact me. within 24 hours to proceed with payment and delivery arrangements.

Non-Paying Bidder ...

If your deposit is not received within 1 Day of the close of auction or if the balance is not paid in full within 7 days following the close of auction, we reserve the right to re-list the vehicle or sell the vehicle to the next highest bidder or another qualified buyer. Venue for any legal action such as claims, motions, litigation, settlements, or any legal action associated with this sale from either the buyer or seller is to take place in the State of Illinois. Placing your bid on this auction constitutes your agreement and acceptance of these terms and conditions. In addition, all non paying bidders will be held liable for a $500 re-listing fee that if not paid, WILL be filed with all 3 major credit bureaus. You are entering into a Legal Purchase that should not be taken lightly. No-Excuses of any kind will be accepted for non payment