Mercedes-Benz SL-Class
AI Analyzed

Mercedes-Benz SL-Class

R230 (5th Gen) - SL 500

1994-2006 convertible
Overall Average Market Price
$15,044
Range: $4,795 - $112,080

Average Price by Year

Compare prices within the same model year

1994
$9,647
114,233 mi avg
2 listings
1995
$9,632
101,659 mi avg
3 listings
1996
$16,173
77,701 mi avg
2 listings
1997
$12,996
112,713 mi avg
3 listings
1998
$10,777
80,869 mi avg
10 listings
1999
$17,300
75,682 mi avg
14 listings
2000
$16,449
76,839 mi avg
12 listings
2001
$14,831
97,958 mi avg
9 listings
2002
$26,610
65,787 mi avg
7 listings
2003
$13,866
67,189 mi avg
85 listings
2004
$15,301
74,558 mi avg
52 listings
2005
$15,659
72,657 mi avg
53 listings
2006
$15,052
71,446 mi avg
34 listings
286
Active Listings
73,545
Overall Avg Mileage
179
Days on Market

Market Insights

Best Value Year

2004

Price Trend

Stable with significant variation based on year and condition. Older models (R129 generation) are priced at the lower end, while the newer R230 generation (2003-2006) commands higher prices, reflecting their more modern features and design. The wide spread in pricing indicates a mature market where individual vehicle condition and mileage play a crucial role.

Inventory Level

Moderate

Buyer Advice

The Mercedes-Benz SL-Class from 1994-2006 represents a segment of the market where luxury meets classic GT appeal. With a broad price range and a significant number of listings, buyers have ample choice, but patience is key due to the average days on market. Focus on later models (2003-2006) for potentially better technology and reliability, but don't overlook well-maintained earlier examples. Always prioritize a thorough pre-purchase inspection by a specialist familiar with these vehicles, as maintenance history and condition are paramount for long-term ownership satisfaction. The market shows a clear depreciation curve, with earlier models offering entry-level pricing and later models retaining more value.

Top 15 Recommended Deals

Best Deal
#1
Deal 1
1995 $8,950
Save ~$682
96,769 mi Spring, TX 1995
Oasis Park and Sell
Deal Score: 100%

This deal stands out with the highest deal score, indicating it's the best value among the top 15. While mileage is higher, the price is significantly below average, making it an attractive entry point into SL ownership.

VIN: WDBFA67E1SF125583
View Listing
#2
Deal 2
2004 $9,990
Save ~$5,311
41,100 mi Eastlake, OH 2004
Dams Auto LLC 2
Deal Score: 97%

This is an outstanding deal, offering significant savings and exceptionally low mileage for a 2004 model. Its high deal score reflects its strong value proposition.

VIN: WDBSK75F14F069676
View Listing
#3
Deal 3
1998 $4,795
Save ~$5,982
22,841 mi Bedford, VA 1998
East Coast Auto Source
Deal Score: 96%

This deal is exceptional due to its incredibly low price and very low mileage for a 1998 model, offering the largest estimated savings in the top 15. It represents a fantastic opportunity for a buyer seeking a well-preserved classic SL.

VIN: WDBFA67F3WF165646
View Listing
#4
Deal 4
2004 $15,125
Save ~$176
35,049 mi Moncks Corner, SC 2004
Palmetto State Auto Sales
Deal Score: 93%

This 2004 SL 500 is a strong contender due to its very low mileage (35,049 miles) and a price that, while close to average, still offers some savings. Its relatively short time on market suggests good demand.

VIN: WDBSK75F84F079086
View Listing
#5
Deal 5
2004 $14,069
Save ~$1,232
54,216 mi Panorama City, CA 2004
Happy Auto Group
Deal Score: 91%

This 2004 SL 500 offers a good balance of mileage (54,216) and price, with a respectable estimated saving. Its deal score reflects a solid value proposition.

VIN: WDBSK75F74F073280
View Listing
#6
Deal 6
2004 $13,377
Save ~$1,924
55,210 mi Downers Grove, IL 2004
Ultimate Motor Cars
Deal Score: 89%

This 2004 SL 500 presents a strong value with over $1,900 in estimated savings and reasonable mileage (55,210). Its longer days on market (216) might indicate some negotiation flexibility.

VIN: WDBSK75F64F080043
View Listing
#7
Deal 7
2003 $11,598
Save ~$2,268
0 mi Aurora, CO 2003
Davidsons Motors Aurora
Deal Score: 88%

This 2003 SL 500 offers one of the largest estimated savings ($2,268) and a very attractive price point. The null mileage is unusual but the overall value proposition is strong.

VIN: WDBSK75FX3F032382
View Listing
#8
Deal 8
2004 $13,970
Save ~$1,331
58,858 mi Columbus, OH 2004
Village Car Store
Deal Score: 88%

This 2004 SL 500 is a good value, offering over $1,300 in savings with moderate mileage (58,858). Its presence on the market for 181 days might suggest room for negotiation.

VIN: WDBSK75F54F082656
View Listing
#9
Deal 9
2004 $13,995
Save ~$1,306
53,235 mi Brighton, MA 2004
Boston Auto Sales
Deal Score: 87%

This 2004 SL 500 offers reasonable mileage (53,235) and savings. The exceptionally long days on market (556) strongly suggests that the dealer is motivated to sell, making it a prime candidate for negotiation.

VIN: WDBSK75F34F076855
View Listing
#10
Deal 10
2004 $13,958
Save ~$1,343
55,518 mi Charlotte, NC 2004
Tek Motors
Deal Score: 86%

This 2004 SL 500 offers a good combination of mileage (55,518) and savings. The very long days on market (483) indicates a strong potential for negotiation.

VIN: WDBSK75F34F076290
View Listing
#11
Deal 11
2003 $7,998
Save ~$5,868
56,133 mi Delray Beach, FL 2003
Delray Auto Mall
Deal Score: 86%

This 2003 SL 500 is a standout deal with substantial estimated savings and a very attractive price point, coupled with reasonable mileage (56,133). The long days on market (326) suggest potential for negotiation.

VIN: WDBSK75F43F035018
View Listing
#12
Deal 12
2004 $10,950
Save ~$4,351
63,922 mi Mooresville, NC 2004
Fast Lane Motors
Deal Score: 85%

This 2004 SL 500 offers a compelling combination of a strong estimated saving ($4,351) and moderate mileage (63,922) at an attractive price point.

VIN: WDBSK75F84F081419
View Listing
#13
Deal 13
2003 $11,985
Save ~$1,881
48,683 mi Lebanon, IN 2003
Discount Auto Sales
Deal Score: 83%

This 2003 SL 500 offers a good balance of relatively low mileage (48,683) and decent savings. Its days on market (232) suggest potential for negotiation.

VIN: WDBSK75F33F018629
View Listing
#14
Deal 14
2005 $11,900
Save ~$3,759
55,262 mi Gainesville, GA 2005
Global Motorsports
Deal Score: 82%

This 2005 SL 500 stands out with a substantial estimated saving ($3,759) and reasonable mileage (55,262) at an attractive price point.

VIN: WDBSK75F95F096092
View Listing
#15
Deal 15
2000 $10,498
Save ~$5,951
74,980 mi Tucson, AZ 2000
Unique Imports
Deal Score: 82%

This 2000 SL 500 offers one of the largest estimated savings ($5,951) and a very attractive price point, making it a great value for a well-equipped luxury convertible.

VIN: WDBFA68F0YF191655
View Listing
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Last analyzed: May 1, 2026