
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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- Median · 12 mo
- $19,625
- Sales · 12 mo
- 148
- For sale now
- 67
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Sold $25,000

Sold $13,750

Sold $18,000

Sold $16,350

Sold $29,000
Every R129
| SL5001989 to 2001 | SL6001993 to 2001 | SL600 Brabus 7.3S1993 to 2001 | SL500 Brabus 6.01989 to 2001 | |
|---|---|---|---|---|
| Shifty Estimate | $20,400 | $38,400 | $256,700Low confidence | $55,500Low confidence |
| Sold median | $19,625148 sales | $35,00025 sales | Too few sales to call1 sale | Too few sales to call1 sale |
| 12-month move | Up 35.7% | Up 44.6% | Too few sales to call | Too few sales to call |
| For sale | 67 | 4 | None | None |
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.
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