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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… Jim Palmer

16 April, 2025

In the 1960s, Hamilton’s Jim Palmer won the prestigious ‘Gold Star’ four times and was the first resident New Zealander home in the New Zealand Grand Prix on five consecutive occasions. He shared the podium with Stirling Moss, Jack Brabham, Bruce McLaren, Graham Hill, Jim Clark, Denny Hulme, Jackie Stewart, and Chris Amon. The extent of his domination of the open-wheeler scene in New Zealand will probably never be matched or exceeded. Yet he’s always been modest about his achievements.

NZ Classic Car magazine, May/June 2025 issue 399, on sale now

13 April, 2025

Who would have thought it would become such a worldwide motorsport star when Ford introduced the humble Escort in 1967?
Its popularity, particularly in Mark 1 form, is now of iconic status. Our cover story for this issue is on a 1968 Ford Escort Mark 1, Alan Mann Racing Tribute. We talked with the owner of this very special Escort, finished in tribute also to the owner’s father.
“Most children love speed, and motorsport typically comes courtesy of a parent, and Elliott is no different. His engineer father, Mark, had a love for motorcycles and going fast; however, when children came along, he swapped two wheels for four, in the form of two Ford Escorts.
Little did Mark know it at the time, but the humble Escort was about to weave its way into the family fabric once and for all.
After emigrating from London to New Zealand, Elliott recalled one evening when he was 14 being invited to tag along by his father, helping a friend convert an Escort road car into a racing car. This was the pivotal moment when Elliott remembers the motorsport bug taking over. He knew he had to have his own one.”