1998 Mercedes-Benz SL500 Market Value & Price History
The 1998 Mercedes-Benz SL500 has a current market value of $27,014 as of Nov 5, 2026, based on 140 verified auction sales tracked by DriveIndex, with half of the verified USD sales since 2005 between $13,800 and $23,250. Based on US sales through Oct 27, 2026. 22 have sold in the past 12 months, and 6 are listed for sale, asking $10,000 to $34,999. The median sale price is up 38% over the past 12 months versus the prior year.
Data: DriveIndex. 140 verified auction sales for the 1998 Mercedes-Benz SL500 (139 in USD, the basis for every dollar figure here), latest sale Oct 27, 2026. Value as of Nov 5, 2026. Methodology
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Last checked Nov 4, 2026
1998 Mercedes-Benz SL500 Price History
The median 1998 Mercedes-Benz SL500 sold for $20,006 in 2026, against $14,850 in 2011. Each row is the median of the verified sales recorded in that calendar year, so it moves with the mix of mileages and options that came to market as well as with the market itself.
| Year | Median sale | Sales |
|---|---|---|
| 2026 | $20,006 | 20 |
| 2025 | $14,500 | 17 |
| 2024 | $15,900 | 22 |
| 2023 | $25,500 | 11 |
| 2022 | $26,180 | 13 |
| 2021 | $18,525 | 12 |
| 2020 | $16,475 | 10 |
| 2019 | $13,900 | 4 |
| 2018 | $11,250 | 7 |
| 2015 | $12,600 | 3 |
| 2013 | $16,610 | 7 |
| 2012 | $21,600 | 3 |
| 2011 | $14,850 | 3 |
Years with fewer than three verified USD sales are omitted — a one-sale “median” is a single car, not a market.
Recent 1998 Mercedes-Benz SL500 Auction Results
| Sold | Price | Mileage | Gearbox |
|---|---|---|---|
| Oct 27, 2026 | $24,500 | 46,000 mi | Automatic |
| Oct 16, 2026 | $43,000 | 18,000 mi | Automatic |
| Oct 15, 2026 | $19,260 | 49,900 mi | Automatic |
| Oct 10, 2026 | $26,500 | 86,000 mi | Automatic |
| Sep 13, 2026 | $21,000 | 53,000 mi | Automatic |
| Sep 7, 2026 | $23,000 | 86,000 mi | Automatic |
| Aug 4, 2026 | $20,751 | 37,000 mi | Automatic |
| Aug 3, 2026 | $15,000 | 51,000 mi | Automatic |
| Jul 30, 2026 | $16,500 | 40,000 mi | Automatic |
| Jul 29, 2026 | $15,500 | 34,000 mi | Automatic |
| Jul 29, 2026 | $25,350 | 48,000 mi | Automatic |
| Jul 19, 2026 | $18,000 | 31,000 mi | Automatic |
| Jul 17, 2026 | $31,500 | 38,000 mi | — |
| Jun 19, 2026 | $38,000 | 27,000 mi | Automatic |
| May 4, 2026 | $43,500 | 15,000 mi | Automatic |
Verified results from the world's leading collector-car auction houses and marketplaces.
All Mercedes-Benz SL500 auction results →See the full picture on the 1998 Mercedes-Benz SL500
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Mercedes-Benz SL500 by Year
Which SL500 year should you buy? Every year compared →Compare the SL500
1998 Mercedes-Benz SL500: Frequently Asked Questions
How much is a 1998 Mercedes-Benz SL500 worth?
A 1998 Mercedes-Benz SL500 is worth approximately $27,014 as of Nov 5, 2026, based on 140 verified auction sales tracked by DriveIndex. Based on US sales through Oct 27, 2026. Half of all verified sales fall between $13,800 and $23,250; the full verified range is $10,000 to $43,500. Condition, mileage and options move an individual car within that band.
How much did a 1998 Mercedes-Benz SL500 cost new?
The 1998 Mercedes-Benz SL500 carried an original MSRP of $79,900. Verified examples now trade around $27,014.
How much has the 1998 Mercedes-Benz SL500 depreciated?
The 1998 Mercedes-Benz SL500 is worth about 66% less than it cost new: it carried an original MSRP of $79,900, and verified examples now trade around $27,014. That compares today's value with the sticker price, not adjusted for inflation.
How many 1998 Mercedes-Benz SL500 sell per year?
22 have sold at auction in the past 12 months. DriveIndex has tracked 140 1998 Mercedes-Benz SL500 sales in total.
Are 1998 Mercedes-Benz SL500 sale prices higher or lower than a year ago?
The median 1998 Mercedes-Benz SL500 sale price is up 38% over the past 12 months versus the prior year, based on verified auction sales. That figure tracks the median of what actually sold, so it moves with the mix of mileages and options that came to market as well as with the market itself. The full Value Signal classification (appreciating, stable, bottomed, or depreciating) and its 1–5 year projection are part of DriveIndex Pro.
Where can I buy a 1998 Mercedes-Benz SL500?
DriveIndex lists 6 1998 Mercedes-Benz SL500 for sale, asking $10,000 to $34,999 (last checked Nov 4, 2026). DriveIndex aggregates for-sale listings and auction results from the world's leading collector-car auction houses and marketplaces.
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