Elite Dealer

1987 Mercedes-Benz 560 SL

Indiana

$21,900

1987 Mercedes-Benz 560 SL

Vehicle Details

Make

Mercedes-Benz

Model

560 SL

Year

1987

VIN

KMR4017PD

Body Type

Other

Transmission

Automatic

Engine

5.5

Description

This 1987 Mercedes 560SL was first delivered in Canada. It made its way to New York, Florida and finally to Hawaii. The car runs and drives like it was new. It is a fun car to drive and it turns heads wherever it goes, and it should because the front axle was removed and everything that was worn was replaced.

The radiator was replaced as were all of the air conditioner components. A rebuilt power steering pump has been added and all of the fluids have been replaced. In addition, the window seals have been replaced.

The emergency brake has been refurbished and the exhaust system has been replaced including the catalytic converter. The fuel injectors have been replaced and the car tuned up. The car rides on refurbished Mercedes rims with new Goodyear tires.

The soft top and the hardtop are both in very good condition. My Mercedes mechanic told me the timing chain is in good condition. This car is a daily driver. I drive it most every day. There are paint chips and dings around the doors and there is a paint spot on the hood that does not match.

There is minor seepage from the oil pan. Everything works but the clock. This Mercedes 560SL was the top of the line variant for the R107 SL-Class. Introduced in 1986, the 560 SL was powered by a 5.5L V8 engine which was paired to an automatic transmission.

The 560SL was only sold in the United States, Canada, Japan and Australia. The larger displacement was meant to compensate for the reduced output of the 500SL 5.0 liter engine due to the stricter emission laws in these markets. Production of the 560 SL lasted until 1989, when the model series was discontinued.

Features and Specs 82,408 original miles 5.5L V8 engine 4-speed automatic transmission Power windows Cruise control Power antenna 4-wheel disk brakes 4-wheel independent suspension
Doors: 2

Mercedes-Benz 560 SL Buyer's Guide (1986–1989)

Full guide
E
Emily Chen
JDM Classics
1986–1989
~4 min read
Updated Apr 2026
The 560 SL is the pinnacle of the R107 generation — the most powerful, the most refined, and the last expression of a roadster formula Mercedes refined over 18 years. Values have climbed steadily as buyers realize what they missed. The timing chain guides are the one thing that can turn this into an expensive surprise.
This guide covers
✓ 11-point inspection checklist
✓ Common issues & what to avoid
✓ In-person inspection guide
✓ Market pricing by year & condition
✓ 5 FAQs answered
✓ History & fun facts

Mercedes-Benz 560 SL Market Overview

Based on 39 Mercedes-Benz 560 SL listings currently on ClassicCarsArena.com

39
Listed Now
$25,690
Avg. Asking Price
1986–1992
Year Range
Price Position on Our Site — Average Range
This car: $21,900
Low: $9,395 High: $52,495
Transmission Distribution
Automatic 85% ◄
Condition Distribution
Excellent 15%
Good 13%
Fair 3%
Data from ClassicCarsArena.com listings Browse all 39 listings →
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Mercedes-Benz 560 SL Buyer's Guide (1986–1989)

I've always found the R107 SL fascinating from an engineering standpoint. Mercedes built the same basic car from 1971 through 1989 and kept making it genuinely better every year — not through dramatic redesigns, but through continuous refinement. The 560 SL that closed out the generation in 1989 is a categorically better car than the 350 SL that opened it in 1971, even though they're visually similar. The M117 5.6-liter engine is smooth and characterful in a way that later V8s rarely achieve. The market has figured this out, and prices have responded accordingly. Condition and service history are everything — a well-documented 560 SL is a different asset class from one with unknown maintenance.

What to Check Before Buying

Timing chain guide history — Request documentation of guide replacement — essential before any pricing
Oil metal particle check — Wipe oil on white cloth with magnet — metallic debris = chain/guide damage
Cold start chain listen — Listen for chain rattle on cold start — indicates loose or worn guide
Expansion tank inspection — Check plastic coolant expansion tank for hairline cracks — failure causes sudden coolant loss
Cooling hose condition — Squeeze all hoses — hard/brittle hoses need immediate replacement
Soft top operation — Cycle top fully in both directions — check for binding or hydraulic hesitation
Roof seal condition — Inspect all seals for deterioration, check headliner for water stain evidence
Interior leather assessment — Check dash and door panels for cracking/shrinking — restoration cost $4,000–$8,000
Hardtop presence — Verify original hardtop is present — missing unit reduces value $1,500–$3,000
Transmission fluid — Check ATF for burnt smell and correct level — burnt fluid indicates service overdue
Service documentation — Request full service records — documented cars are significantly more valuable

Common Issues

Timing chain guide failure is the defining risk of R107 M117 ownership — plastic guides become brittle over time and can fail without warning, causing chain contact with the timing cover and metal debris circulation. Cooling system deterioration: the plastic expansion tank cracks with age causing sudden coolant loss; hoses harden and fail; overheating accelerates guide and gasket problems. Automatic transmission service intervals are frequently exceeded on neglected cars. Interior deterioration — MB-Tex vinyl ages better than leather; leather dashboards and door panels crack and shrink with UV exposure. Soft top hydraulic cylinder leaks cause top operation failure. Electrical gremlins from aging wiring insulation, particularly in the convertible top circuit.

What to Look For

Timing chain guide service history — ask directly and request documentation. Check oil for metallic debris by wiping on white cloth with magnet. Listen for chain rattle on cold start. Cooling system condition: inspect hoses for softness, check plastic expansion tank for hairline cracks, verify thermostat function. Soft top operation — cycle fully and check for binding. All roof seals for water intrusion evidence (stains on headliner). Automatic transmission shift quality and fluid condition (burnt smell = service overdue). Interior condition assessment — cracked leather on dash and door panels is a major restoration cost. Hardtop presence and condition — missing hardtop reduces value $1,500–$3,000. Request full service documentation.

Price Guide

Driver quality with reasonable history: $18,000–$28,000. Show quality with full documentation and excellent interior: $35,000–$50,000. Low-mileage documented examples: $55,000–$65,000+. The 380 SL (slug: 380-sl) is the same car with the smaller 3.8L engine and trades 20–30% below equivalent 560 SL prices. Factor in timing chain guide replacement ($3,000–$6,000) if undocumented. Interior restoration if leather is cracked: $4,000–$8,000. A correctly priced 560 SL should reflect known service needs.

Did You Know?

The R107 SL was the personal vehicle of choice for European royalty, film stars, and executives for nearly two decades — Princess Grace of Monaco, Sophia Loren, and numerous heads of state owned them. Mercedes built 237,287 R107 SLs over 18 years, a production record that stood until the R129 generation surpassed it. The 560 SL was the most powerful R107 SL sold in the United States when it launched in 1986, a fact easy to forget given its boulevard-cruiser reputation today.

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