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.

How to switch to an alternator

Car electrics can be daunting, but upgrading from a generator to an alternator need not be complicated if you know what pitfalls to avoid.
The challenges you may face when converting a 12-volt generating system to an alternator are:
• Finding brackets to mount the alternator to your engine
• Determining the wiring you want to use for your particular set-up
• Deciding whether you want to use an ammeter, an idiot light, or a voltmeter to monitor your classic’s charging system.

NZ Classic Car magazine, November/December 2026 issue 408, on sale now

Star status for classic Porsche
A long search ends: finding the right car
Unveiled at the Frankfurt Motor Show in 1963, the Porsche 911 heralded an iconic lineage of sports cars, known for their exceptional performance, remarkable racing reliability, and adaptability, second to none.
New Zealand Classic Car, in conjunction with Star Insure, recently conducted a photo competition to find 13 suitably impressive classics to grace the pages of the magazine’s 2027 calendar. A flood of entries showed that Kiwis recognise eye-catching designs and restorations. Many are handy with a camera, too, and have entered some outstanding results.
The choice was not straightforward, with multiple stunning entries, and Geoff Long’s immaculate 1990 Porsche 911 (964 Factory designation) took top honours. Fortunately, Geoff had Ethan Hanlon handy to take the accompanying photos while working in his office.
“I’ve got a young employee who is doing work experience in my office at the moment, and he’s a very avid photographer. So, I said, I’ll buy you breakfast and then why don’t we go and take some photos. He found the right spot, and he spent over an hour photographing.”
Originally sold new in Japan, hence the right-hand drive, the Porsche was resident there for four years before being exported to New Zealand, as Geoff recalls.
“I bought it two-and-a-half years ago, but I looked for it for over two years, because it’s just the colour scheme, interior and exterior I was after. The service file that came with it is extensive; I mean, it’s been beautifully looked after, which is what I wanted to continue, as it does get driven. It doesn’t sit in the garage.”