Mercedes W124 E500/E60 - Restoration Logbook

RESTORATION LOGBOOK MERCEDES-BENZ E60 AMG/ E500 LIMITED W124 CAR BEAUTY & PERFORMANCE BACK TO ORIGINAL • CAR VALUE ENHANCED

RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED KoKonja Atelier for Exclusive Automobiles 2nd December 2013 Sofia, Bulgaria

Dear Car Collector,

At your hands is a truly valuable automotive legend – the E60 AMG/ E500 Limited Mercedes Benz W124 (1995)! This vehicle is the true parent of the modern day power sedans. It holds a special space in automotive history where interaction between three independent companies (Mercedes, Porsche and AMG) gave birth to different style and feel.

Our team at KoKonja has the dedication to restore or build automobiles following automotive traditions.

Our slogan My Other Me stands to remind that our clients’ cars are reflection of their own ‘me’.

So, we do handle with care to detail and perfection.

This E60 AMG / E500 Limited is restored from a Condition 3 to Condition 1. In this Log-Book you will discover the vehicle specifications, our restoration activities, and brief history of the Mercedes W124 E500 modifications. Last but not least, we included a brief overview on automobile collectibles referencing to this E60 AMG / E500. Our research shows that this youngtimer is likely to be an investment with positive returns. It is a rare vehicle in high demand and modern performance.

We hope that you will enjoy, take pride and good care of this automobile!

Sincerely,

Georgi Kirov CEO and Founder KoKonja Atelier for Exclusive Automobiles www.kokonja.com 12 Asen Jordanov Sofia 1592, Bulgaria

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Table of Contents

I.

Car Specifications ................................................................................................. 3

1. Car Specifications …………………………………………………………………………………….….3

2. Documentation …………………………………………………………………………………………...4

3. E60 AMG versus E60 AMG / E500 Limited ………………………………………………....5

II.

Why is the E60 E500 Limited a valuable collectible? ............................................6

III.

List of Restoration Activities ……………………………………………………………………………..8

IV.

Warranty of KoKonja restoration ………………………………………………………………………9

V.

Appendixes

1. Pictures of before and after restoration …….................................................10

2. Mercedes-Benz W124 E500 and Modifications ...........................................13

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Car Specifications of the KoKonja restored E60 AMG / E500 Limited

This vehicle was originally produced as Mercedes-Benz W124 E500 Limited in 1995 at the Mercedes-Benz factory in Sindelfingen, Germany. Afterwards, the vehicle received an upgrade at AMG’s factory at Affalterbach, Germany. The table below presents the car specifications: General Information Description

Name VIN number Factory / Manufacturer Factory for upgrade Mark Model Version Body Engine Gearbox Wheel Drive Engine Number Serial Number

XXXXXXXXXXXXXXXXXXX Sindelfingen, Germany (Mercedes-Benz) Affalterbach, Germany (AMG) Mercedes-Benz E60 AMG / E 500 Limited W124 Limousine / sedan / Saloon 6000 cm3 Automatic (4 gears) Rear-wheel drive AMG XXXXXXXXXX XXXXX

Vehicle Equipment Options Description

Name 241 242 249 305 412 441 540 551 570 620 658 682 732 873

Left front seat electrically adjustable with memory feature

885

Locking system with infrared remote control and immobilizer

958

Central cover for amber headlamps and tell-tale lamp

Right front seat electrically adjustable with memory feature Automatically dipping inside rear view mirror Dust filter Electric sliding roof with tilting device Steering column electrically adjustable Roller blind, electric, for rear window Anti-theft warning system Front armrest, folding Exhaust emission control Light alloy rims, evo design Fire extinguisher Bird-eye maple wood (very rare for Mercedes W124) Seat heater

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Picture showing Engine Bay and AMG serial number

Documentation

The KoKonja restored Mercedes-Benz E60 AMG / E500 Limited reached our atelier, unfortunately, with no producer’s document s (service book and user’s manual). While our checks on ownership and accidents lead showed no impairment, we checked for vehicle authenticity with AMG. Below is a correspondence with AMG Social Media Team: 

Conversation started August 21

8/21, 11:55am

Georgi Kirov re: AMG authenticity check Dear AMG team, I would like to kindly ask you for authenticity check of a Mercedes 124 E60 vehicle. I am ready to pay for the requested service.

The VIN of the vehicle is WDB1240361C169521: AMG number: AMG11997600306 Best regards, Georgi Kirov 

August 22

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

8/22, 4:33pm

Mercedes-AMG Thank you for your message. We can confirm that your E 60 AMG is a genuine AMG vehicle converted in Affalterbach!

Best Regards, Your AMG Social Media Team

E60 AMG versus E60 AMG / E500 Limited

In summary, the E60 AMG and E60AMG/E500 Limited compare as follows:       

E60 AMG is a Mercedes W124 that was upgraded as new at AMG factory at Affalterbach; E60 AMG/E500 limited is an E500 that was assembled brand new at the Porsche factory and received a post-production AMG upgrade at AMG Affalterbach E60 AMG and E60AMG/E500 Limited have identical engines specifications with AMG engine codes E60 AMG have upgraded AMG suspensions and exhaust; suspension and exhaust upgrades vary in E60 AMG / E500 Limited E60AMG/E500 Limited does not carry ‘957 – AMG Technology Package’ code in its factory papers, as they were not upgraded as brand new by AMG, while E60/E500 Limited does not E60AMG have as optional extra 17" AMG OZ 3-piece wheels Some E60 AMG/E500 Limited has a badgeE500 Limited, as well as E60 badge Type of Mercedes W124 E500 E500 Limited E60 AMG / E500 Limited E60 AMG

Production Engine Numbers Specifications* 10 479 V8, 5.0l, 325bhp 500 V8, 5.0l, 325bhp unknown V8, 6.0l, 381bhp 126 V8, 6.0l, 381bhp

*-cylinders and formation, size and power

More information about the Mercedes W124 with V8 engines is provided in the appendix below.

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Why is the E60 AMG/ E500 Limited a valuable automobile?

The information in this section is based on Hagerty Valuation Tool, which renders USA market dynamics.

More information could be found at http://www.hagerty.com/valuationtools. The chart below presents the value change over time of the Mercedes-Benz E500. Please, note that the flat dynamics period 2009 to 2011 is probably due to lack of transactional data. Because of that, the value change between 2011 and 2012 of 300% is not likely to appear in such short period of time. Further to the Hagerty data, we used the most popular web based tool for car listings – Mobile.de to establish the value difference between Mercedes E500 modifications. The outcome is presented below.

Value Change – Mercedes-Benz E500

Source: www.hagerty.com/valuationtools

Additional Comments:*    

Prices of E500 varies between €10,000 to €25,000 Prices of E500 limited varies between €20,000 to €30,000 Prices of E60/E500 varies between €40,000 to €55,000 Prices of E60 AMG – in excess of €90,000

(10,479 units produced) (500 units produced) (n/a units produced) (126 units produced)

*The pricing analysis is conducted based on offerings on www.mobile.de , dated 30 November 2013 7|Page

RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Market Trends – Hagerty Collector Car Index* 1950s American

Affordable Classics

Blue Chip

British Cars

Muscle Cars

Ferrari

German Collectibles

*-For full description please visit: http://www.hagerty.com/valuationtools/market-trends

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

List of Restoration Activities

№

Component

I

Engine

II

Suspension

III IV

Differential Air Conditioning unit

V

Transmission

VI

Exhaust

I II III

Paint Rims Head and Taillights

Activity Hardware Change of oil Change of the throttle valve Change of springs Full restoration of suspension attachment Full restoration of differential Change of filters Restoration of compressor Full restoration Installed IMASAF middle and end silencers; TÜV certified Exterior Full paint-job Sanding, paint and polish Changed with new Interior

I II III

Seats Steering wheel, gear lever knob Door panel

Upholstered with Italian leather for automotive application produced for Mercedes-Benz Same as above Same as above

IV V VI VII

Roof Audio system Interior panels Sunroof

Upholstered with alcantara (suede) for automotive application produced for Mercedes-Benz New antennae Restored in original condition; varnished and polished Movement mechanism restored

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Warranty of Restoration

KoKonja (Restorer) provides full warranty of the restoration works on all hardware components as listed above. The warranty is valid if vehicle is used within the European Union, with the following coverage:  

50,000 km (starting reading of the odometer …………………………… or warranty expiry odometer reading ……………..……………..)

12 months, as of December 2013 (warranty expiry date – 1 December 2014)

The warranty is callable immediately after proven malfunction. Restorer should at own cost bring the failed component in normal operating condition. The two coverable measures above are not additive in nature and warranty shall apply only till one of the two is exhausted. Warranty shall not apply in case of road accidents, fire, other outside impairment of the vehicle, theft or dismantling of auxiliary components to the ones under warranty.

Owners list after KoKonja Restoration: /Names/ 1. ……………………………………………………………………………………….

2. ……………………………………………………………………………………….

3. ……………………………………………………………………………………….

On Behalf of KoKonja:

/Georgi Kirov/ Address for correspondence: office@kokonja.com; +359 xxxxxxxxxx 12 Asen Jordanov, Druzba 1, 1592 Sofia, Bulgaria Working language in Warranty execution: English; Please, take a copy of the warranty whenever ownership is changed and send it to office@kokonja.com!

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

Pictures After Restoration

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

During Restoration

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Before Restoration

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RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED

History of Mercedes W124 E500 and its Modifications Source: Wikipedia (http://en.wikipedia.org/wiki/Mercedes-Benz_500E)

From 1990 to 1994 (model years 1991–1994), Mercedes-Benz sold a high-performance version of the W124, the Mercedes-Benz 500 E(W124.036). The 500 E was created in close cooperation with Porsche; each 500 E was hand-built by Porsche, being transported back and forth between the Mercedes plant and Porsche's Rossle-Bau plant in Zuffenhausen, Germany during assembly — taking a full 18 days to complete each model. Design began in 1989 and into 1991. Called '500 E' through model year 1993, for model year 1994 it was face-lifted along with the rest of the range and renamed to 'E 500'.

Specifications and General Information The 500 E had a naturally aspirated 5.0L V8 engine derived from the 500 SL (R129) roadster. Sports car braking performance also came from SL components: front SL 500 300 mm disks with 4-piston calipers came installed on the 1992 and early 1993 cars. The later 1993, and all 1994 cars came with the upgraded 320 mm set taken from the 600 SL. Rear brakes on all years were 278 mm brakes from the 500 SL. In the USA, the 500 E came fully equipped, with the only options available to the buyer being a dealer-installed CD changer and an integrated cellular telephone. The 500 E was only with four seats in left hand drive, with the four leather seats supplied by Recaro (the fronts heated).

Called the "Wolf in Sheep's Clothing" by the press, performance tests of the day yielded impressive results: 0–100 km/h (0–62 mph) times of 5.5 to 6.0 seconds and acceleration through the quarter-mile (0.4 km) in 14.1 seconds at 163 km/h (101 mph). The top speed was redline limited at 6,000 rpm to 260 km/h (~160 mph). It was rated at 16.8 L/100 km (14 mpg) in the city and 13.8 L/100 km (17 mpg) on the highway.

With its aggressive stance: 1.5 inches wider track, 0.9 inch lower profile, flared fenders, side skirts, front air-dam and wide tires, the 500 E is easily distinguished from its lesser 14 | P a g e

RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED brethren. Because of its look, limited numbers, hand-built construction, and unique pedigree, the 500 E is already considered a "classic", even within Mercedes-Benz.

Engine Performance Displacement, type valvetrain

Max. torque at RPM

Max. motive power at RPM

4,973 cc V8 engine

240 kW (326 PS; 322 bhp)

480 N·m (354 lbf·ft)

32 valve 2xDOHC

@ 5,700

@ 3,900

0-100 km/h (62.1 mph)

6.1 secs

Top speed

260 km/h (161.6 mph)

Production figures and yearly changes 1528 of the "super" sports sedans were imported into the USA between late 1991 and late 1994, or roughly 500 cars per year of importation.

Year 1990 1991 1992 1993 1994 1995 Total

Production Numbers 46 2 566 4 416 1 596 1 735 120 10 479

Country

units

USA

1 528

Germany

5 475

Japan

1 184

UK

29

Canada

45

Major country total = 8 261

It is little-known, but 120 cars were produced between January and approximately May 1995, as lastrequest cars for special customers before the series ceased production. These last cars were produced in the Porsche Rossle Bau building alongside Audi RS2 sport wagons, as that production contract went into full swing with the same work-staff that built the 500E and E500.

The 500 E/E 500 underwent few significant changes during its three-year production run. Models from 1992 and 1993 are virtually indistinguishable from each other on the exterior, with the most notable change being a slightly less powerful (-7 HP) engine in the 1993 and 1994 model for USA. The 1994 E 500 model is more easily identified because of the cosmetic changes that affected all E-Class cars that year (updated headlights, grille, and trunk-lid; the bumper scuff bars were painted the same color as the car).

The engine, however, remained unchanged from the 1993 500 E. 1994 models carried an upgraded sound system made by Becker or Alpine, replacing the two-piece Becker 1432 unit used in model year 1992 and 1993 cars. Significantly, 1994 models had larger front and rear brakes than 1992 and 1993 15 | P a g e

RESTORATION LOG –MERCEDES-BENZ W124 E60AMG /E500 LIMITED models, courtesy of the R129 SL600 roadster. Numerous running changes were made to the car's mechanical systems during its production life.

Aftermarket Modifications Common performance improvements include wheel and tire replacement, aftermarket exhaust kits, and replacement or reprogramming of the Electronic Control Unit, which removes the 155 mph (249 km/h) speed governor. To boost acceleration times, some owners disable the car's slip reduction feature and program the automatic transmission to start in first gear instead of the normal second gear. Numerous other modifications exist for the car, including increased displacement up to and including 6.5 liters, nitrous-oxide systems and a few custom supercharger systems to boost output to well over 400 HP. The 500E and E500 were known by Porsche as Type 2758 in that company's official nomenclature. As of June 2011, an example of a 1995 E500 Limited is on display in the new Porsche Museum in Zuffenhausen, Germany.

E 60 AMG For the 1993 and 1994 model years, twelve E 500 Limited's were outfitted with a 6.0L M119 V8 engine by tuner AMG. These models were called the "E 60 AMG". The car's engine produced 376 bhp at 5,500 rpm and 428 lb/ft at 3,750 rpm allowing the car to accelerate 0–62 mph in 5.2 seconds. — compared to the 500 E's claimed 5.9 seconds. Towards the end of production of the W124 chassis, AMG also made E 60 AMGs which had 399 hp at 5,750 rpm and 454 lb/ft at 3,810 rpm upon special request. Modifications included the replacement of the original components with AMG parts, including the suspension, exhaust system, instrument cluster and 17" AMG OZ 3-piece wheels (optional). Many of the E 60 AMG's seen today are actually 500 E's and E 500's sent to the AMG factory at a later date to have the engine changed to the 6.0L V8. The original E 60 AMG models carry the "957 - AMG Technology Package" in their vehicle data card's list of factory option codes.

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