Mercedes-Benz SL-Class SL500

1989 to 2001 · Convertible

Over the past 12 months, 148 have sold publicly at a median of $19,625. The Shifty Estimate for a well-kept example is $20,400. Across the most recent 250 sales on file, prices ran from $2,600 to $117,000, depending on mileage, color, and history.

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Shifty Estimate
$20,400
High confidence · $9K to $27K
Up 35.7% over 12 months
Oct 2025Rolling 6-month medianOct 2026
Median · 12 mo
$19,625
Sales · 12 mo
148
For sale now
67

The market

Every recorded 1989 Mercedes-Benz SL-Class SL500 sale, by date and price
Oct 2026 · Car & Classic
$28,138 · 79,301 mi · green
See this car
$25k$50k$75k$100kNov 20252026SHIFTY ESTIMATE $20k
Sold Bid to, not sold
147 sales · 18 unsoldmedian $20kupdated Oct 2026

Community

Latest results

The newest 1989 Mercedes-Benz SL-Class SL500 sales with photographs
1989 Mercedes-Benz SL-Class SL500, sold Oct 2026

Sold $31,082

£23,251
1997 · red · 50,209 mi
Oct 23, 2026 · Car & Classic
UK sales ran 20% below US sales for the same models over 3 years.
1989 Mercedes-Benz SL-Class SL500, sold Oct 2026

Sold $25,000

1999 · Brilliant Silver Metallic · 38,000 mi
Oct 20, 2026 · Bring a Trailer
1989 Mercedes-Benz SL-Class SL500, sold Oct 2026

Sold $13,750

1999 · Glacier White (143) · 89,000 mi
Oct 19, 2026 · Bring a Trailer
1989 Mercedes-Benz SL-Class SL500, sold Oct 2026

Sold $18,000

1998 · Glacier White · 49,900 mi
Oct 15, 2026 · Hagerty Marketplace
1989 Mercedes-Benz SL-Class SL500, sold Oct 2026

Sold $16,350

1994 · Spruce Green Metallic · 165,000 mi
Oct 13, 2026 · Bring a Trailer
1989 Mercedes-Benz SL-Class SL500, sold Oct 2026

Sold $29,000

2001 · Glacier White · 50,000 mi
Oct 12, 2026 · Bring a Trailer

Every R129

Sold prices, last 12 months · Oct 30, 2026
Every R129. Sold prices, last 12 months · Oct 30, 2026
SL5001989 to 2001SL6001993 to 2001SL600 Brabus 7.3S1993 to 2001SL500 Brabus 6.01989 to 2001
Shifty Estimate$20,400$38,400$256,700Low confidence$55,500Low confidence
Sold median$19,625148 sales$35,00025 salesToo few sales to call1 saleToo few sales to call1 sale
12-month moveUp 35.7%Up 44.6%Too few sales to callToo few sales to call
For sale674NoneNone
Other SL-Class generations

Specifications

Engine
V8, 5.0L
Power
322 hp
Torque
354 lb-ft
0 to 60
6.1 s
Top speed
155 mph
Transmission
Automatic
Drivetrain
RWD

Common questions

How much does a Mercedes-Benz SL-Class SL500 cost?

Over the past 12 months, 148 have sold publicly at a median of $19,625. The Shifty Estimate for a well-kept example is $20,400. Across the most recent 250 sales on file, prices ran from $2,600 to $117,000, depending on mileage, color, and history.

What is a 1989 Mercedes-Benz SL-Class SL500 worth today?

The Shifty Estimate is $20,400, up 35.7% over the past 12 months. Confidence is high: 148 public sales in a year gives a firm read.

How many Mercedes-Benz SL-Class SL500 have sold?

Shifty has at least 250 public sales of the Mercedes-Benz SL-Class SL500 on file.

What has a Mercedes-Benz SL-Class SL500 sold for at auction?

The 3 most recent public sales we have on file:

  • $28,138Oct 30, 2026green · 79,301 mi
  • $31,961Oct 29, 202662,134 mi
  • $31,082Oct 23, 2026red · 50,209 mi

How many Mercedes-Benz SL-Class SL500 are for sale right now?

Shifty tracks 67 listings of the Mercedes-Benz SL-Class SL500 for sale right now.

About the 1989 Mercedes-Benz SL-Class SL500

The R129 SL500 represents Mercedes-Benz at its most confident, bridging the gap between the classic Pagoda and modern luxury. Launched in 1989, this generation introduced the revolutionary pop-up roll hoops and pioneering ASR traction control, setting new safety standards for convertibles. The 5.0-liter V8 delivered 322 horsepower through a buttery-smooth 4-speed automatic, providing effortless autobahn cruising with genuine sports car capability. Bruno Sacco's timeless design aged gracefully over its 12-year run, with later models receiving the improved 5-speed transmission and refined interior appointments. Production exceeded 200,000 units, making clean examples accessible while exceptional low-mileage cars command premium prices. The SL500 remains the sweet spot of the R129 lineup, more reliable than the V12 SL600, more characterful than the six-cylinder variants. Today's collectors appreciate its blend of '90s Mercedes build quality, analog driving experience, and modern conveniences that make it genuinely usable.

Sales and listings

Showing 20 of 576 on file

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