Record price for ’96 Mercedes-Benz SL500 after owner loses the key

12 April, 2017

Picture this: it’s 1996, you’ve just received your brand-new Mercedes-Benz SL500 and taken it for a brisk drive around a few blocks. 80-miles now adorns the odometer and you park it up to go about your business, returning to find the key has gone walkabouts. Would you then call it a day and never drive it again?

That’s exactly what the owner of this particular example did, and it recently sold for a record price 21 years later— £56,640 to be exact — by Coys at their Spring Classics auction at the Royal Horticultural Halls in London.  

Chris Routledge, CEO of Coys, said, “This is a fantastic price bearing in mind that a normal version of this car, with reasonable mileage, would probably be worth 20% of what this SL500 made today. An exciting sale and a new world record!”

The Mercedes-Benz SL500 R129 roadsters were produced from 1989 through 2002, featuring many innovative details for the time, such as electronically controlled damping and a hidden, automatically extending roll-over bar, electric windows and mirrors.

This is one of the more powerful and sought after M119 engined cars and also boasts a number of optional factory extras, including heated front seats, 6 CD multi-changer, upgraded radio and wood-leather steering wheel.

It’s far too nice to call a barn find … perhaps a time capsule, if you will? Either way, £56,640 is a staggering win for the owner.

Lunch with Bill Leckie: An Imp’s tale

Seeking limelight is part of Bill Leckie’s DNA, but when I asked him if anyone had written about his career and the cars he created, he didn’t think so. Even so, I was delighted when he agreed to sit down with me over a pie and coffee to reminisce. I started by asking how it is that someone who is so fanatical about F1 only ever raced saloon cars? Well, we’ll get to that, but where did things start? “I went to Cornwall Park Primary School and then to Remuera Intermediate where I became good mates with Geoff Perry, son of the legendary motorcycle racing legend Len.” Geoff Perry was 23 and on the edge of stardom when he was killed in a mystery air disaster over the Pacific in 1973. “We used to race around his backyard on a cutdown motorbike. It was friendly competition that I suppose helped hone our racing instincts. There was never much between us and so, by 11 or 12, I had a definite leaning towards speed.”

Mitsubishi’s secret weapon

Ewen’s Starion is a little different and special. He saved this one – literally ‘found in a paddock’ — just in time, as he relates.
“Mine is a 1983 Starion. I’ve had it about five years. I first saw it in a paddock at Ryal Bush [north of Invercargill], and I went past it three times. The third time I went back and knocked at the door, but the owner didn’t want to sell. He rang up a year later, and put a price on it, which we accepted. Only thing wrong was the motor was totally dismantled.”
Ewen then set about getting the car back to its current state.
“It took me six months to find somebody suitable to refurbish it back then. Simon Bradley at Midas in Invercargill offered to do it and he did a great job on it. The head was badly damaged around the valves, and Simon said you could get generic cylinder heads now, so he installed one, and it cost $800. It’s made such a difference to the car. Mine is an intercooled, fuel-injected turbo model, fitted with a five-speed manual gearbox. It’s a great car to drive too.”
Except for a small patch of surface rust, Ewen’s car was in surprisingly good condition despite its paddock life.