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2002 Mercedes-Benz SLK-Class Overview, Reviews, Ratings & Specs

Rating: 4.46
Based on 13 Owner Reviews â–¶
Drew B | March 31, 2025
The 2002 Mercedes-Benz SLK-Class is a stylish and sporty roadster, part of the first generation (R170) launched in the late 90s. Its defining feature is its retractable hardtop, offering open-air fun with coupe-like security. Key trims included the SLK230 Kompressor and the SLK320. When new, prices ranged from roughly $40,000 to $50,000. Its innovative roof and Mercedes-Benz cachet made it a popular choice.
The Good

The 2002 SLK-Class offers a blend of sporty performance, especially with the Kompressor engine, and iconic Mercedes-Benz styling. Its retractable hardtop provides coupe comfort and open-air thrills. While not the most efficient, it offers reasonable fuel economy. It appeals to emotional buyers seeking a stylish roadster and practical buyers wanting a reliable, well-built vehicle.

The Bad

Common issues with the 2002 SLK-Class include potential problems with the retractable hardtop mechanism, which can be costly to repair. Oil leaks, particularly around the valve cover gasket, are also common. The mass airflow sensor and the supercharger (on the SLK230) are also potential areas of concern. Rust can also be an issue in certain climates, so inspect thoroughly.

2002 Mercedes-Benz SLK-Class: Quick Overview

  • Engine Options:
    • SLK230 Kompressor: 2.3L Supercharged Inline-4
    • SLK320: 3.2L V6
  • Horsepower:
    • SLK230 Kompressor: 192 hp
    • SLK320: 215 hp
  • Fuel Economy (EPA Estimated):
    • SLK230 Kompressor: 21 mpg city / 29 mpg highway (automatic)
    • SLK320: 18 mpg city / 25 mpg highway (automatic)
  • 0-60 mph Times:
    • SLK230 Kompressor: Approximately 7.2 - 7.6 seconds
    • SLK320: Approximately 6.5 - 7.0 seconds
  • Towing Capacity: Not applicable - the SLK-Class is not designed for towing.
  • Trim-Level Features:
    • SLK230 Kompressor: Standard features include leather upholstery, power windows and locks, keyless entry, cruise control, air conditioning, AM/FM stereo with CD player, alloy wheels, and the retractable hardtop.
    • SLK320: Adds or upgrades to the SLK230's features, often including upgraded audio systems, wood trim, and sometimes optional features like heated seats.
    • Optional Features (Both Trims): Many SLKs were equipped with optional features such as heated seats, premium audio systems (Bose), upgraded leather, integrated cell phone, and various appearance packages. The Sport package was also popular, adding sportier suspension and styling cues.

2002 Mercedes-Benz SLK-Class Specifications

Vehicle Information
Year 2002
Make Mercedes-Benz
Model SLK-Class
Trim -
Style -
Type Convertible
Category Sports Car
Manufacturing Details
Made In Germany
Manufacturing City BRERNEN
Dimensions
Doors 2-Door
Curb Weight 3110 pounds
Gross Vehicle Weight Rating 3627 pounds
Overall Height 50.40 inches
Overall Length 157.90 inches
Overall Width 67.50 inches
Wheelbase Length 94.50 inches
Standard Seating 2
Engine & Performance
Engine 2.3-L L-4 DOHC 16V SUPERCHARGER
Engine Size 2.3L
Engine Cylinders 4
Transmission 6-Speed Manual
Transmission Type Manual
Transmission Speeds 6-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Recirculating
Pricing
Manufacturer Suggested Retail Price (MSRP) $39,400
Invoice Price $36,642
Delivery Charges $665

Vehicle History Report

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Analysis

What Problems Does the 2002 Mercedes-Benz SLK-Class Have?

The 2002 Mercedes-Benz SLK-Class, while generally reliable, has some frequently reported problems. The retractable hardtop mechanism is a common area of concern, with issues ranging from slow operation to complete failure. This can be an expensive repair. Oil leaks, particularly from the valve cover gasket and around the oil filter housing, are also prevalent. The mass airflow sensor (MAF) can fail, leading to poor engine performance and diagnostic trouble codes. On the SLK230 Kompressor, the supercharger can experience problems over time, potentially requiring replacement.

Rust can be an issue, especially in areas with salted roads. Check around the wheel wells, rocker panels, and underbody. Electrical issues, such as faulty window regulators or problems with the central locking system, are also reported. The crank position sensor is another potential failure point.

While the 2002 model year doesn't have a significantly different list of problems compared to other years in the R170 generation, it's important to address any issues promptly to prevent further damage. Regularly scheduled maintenance, including oil changes and inspections, is crucial for long-term reliability. Recalls for this model year are relatively infrequent, but it's always advisable to check the NHTSA website for any outstanding safety recalls.

How long will the 2002 Mercedes-Benz SLK-Class last?

With proper maintenance, a 2002 Mercedes-Benz SLK-Class can easily reach 200,000 miles or more and provide 20+ years of service. However, long-term durability hinges on consistent care. Regular oil changes, fluid flushes, and addressing issues promptly are essential. Weaknesses over time include wear and tear on suspension components (bushings, shocks), potential for rust, and degradation of rubber seals and hoses. The complexity of the retractable hardtop also means it requires periodic maintenance to avoid costly repairs. Cars with neglected maintenance will likely have significantly shorter lifespans.

What Technology & Safety Features are Included?

The 2002 Mercedes-Benz SLK-Class features technology that was standard for its time. Built-in tech includes power windows, power door locks, cruise control, and air conditioning. Entertainment was typically provided by an AM/FM radio with a CD player; higher trims or optional packages sometimes included a Bose sound system. Driver-assistance features were limited compared to modern cars, primarily consisting of anti-lock brakes (ABS) and traction control (ASR).

Safety features included dual front airbags and side airbags. Optional features included a cellular phone (integrated, a luxury at the time), heated seats, and various appearance packages.

Crash-test ratings from the IIHS (Insurance Institute for Highway Safety) and NHTSA (National Highway Traffic Safety Administration) for the 2002 SLK-Class are somewhat limited. NHTSA gave it 4 stars for driver and passenger in the frontal crash test. Keep in mind that crash-test standards have significantly evolved since 2002. The SLK's safety features were adequate for its era, but modern vehicles offer considerably more advanced safety technology. It's worth noting that the SLK was designed as a sporty roadster, not primarily focused on achieving the highest crash-test scores.

What Colors Options are Available?

Exterior Colors
Black
Brilliant Silver Metallic
Obsidian Black Metallic
Almandine Black Metallic
Mars Red
Quartz Blue Metallic
Graphite Green Metallic
Orion Blue Metallic
Interior Colors
Magma Red
Ash
Anthracite

2002 Mercedes-Benz SLK-Class Prices and Market Value

When new, the 2002 Mercedes-Benz SLK-Class ranged from approximately $40,000 to $50,000 depending on the trim and options. Current used market prices typically range from $5,000 to $12,000, depending on condition, mileage, and location. The SLK-Class has depreciated significantly due to its age. Factors affecting resale value include overall condition, service history, mileage, trim level, and the presence of desirable options. Well-maintained examples with lower mileage command higher prices. Cars with the SLK320 engine may also fetch slightly more due to their increased power.

2002 Mercedes-Benz SLK-Class Cost of Ownership

The 2002 Mercedes-Benz SLK-Class can be moderately costly to own. Insurance costs are generally average for a sports car of its age. Fuel economy is reasonable but not exceptional. Maintenance and repair costs can be higher than average due to the Mercedes-Benz brand and potential for specialized parts and labor. Issues like the retractable hardtop can lead to expensive repairs. While not the most economical choice, careful maintenance can mitigate some of the long-term ownership costs.

2002 Mercedes-Benz SLK-Class Fuel Efficiency

Fuel Type Gasoline (Required)
Fuel Capacity 15.90 gallons
City Mileage 20 miles/gallon
Highway Mileage 30 miles/gallon

2002 Mercedes-Benz SLK-Class Safety Rating

NHTSA
Side Driver Rating
Frontal Passenger Rating
Rollover Rating
Side Rear Passenger Rating
Frontal Driver Rating
IIHS
Rear Crash Protection/Head Restraint Ratings Marginal
Moderate Overlap Front Test Results Not Tested
Side Impact Test Results Not Tested

2002 Mercedes-Benz SLK-Class Warranty

Basic
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Powertrain
Original warranty 48 months / 50,000 miles
Estimated remaining Expired
Rust
Original warranty 48 months / 50,000 miles
Estimated remaining Expired

2002 Mercedes-Benz SLK-Class Insurance

Insurance for a 2002 Mercedes-Benz SLK-Class is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.

How Does the 2002 Mercedes-Benz SLK-Class Compare to Other Convertible?

The 2002 Mercedes-Benz SLK-Class competed with roadsters like the BMW Z3, Porsche Boxster, and Audi TT. In terms of performance, the Boxster offered superior handling and a more engaging driving experience. The Z3 provided a similar sporty feel but with a less refined interior. The Audi TT, while stylish, often lacked the outright performance of the others.

Features-wise, the SLK's retractable hardtop was a significant advantage, offering better security and weather protection than the soft tops of its rivals. Reliability is comparable across these models, with each having its own set of common issues. However, Mercedes-Benz parts and labor can sometimes be more expensive. In terms of price, the SLK typically falls in the middle of the pack.

Alternatives to the SLK include the BMW Z4 (later model years for improved reliability), the Mazda MX-5 Miata (for pure driving fun and reliability, though less luxurious), and the Porsche Boxster (if performance is a top priority and maintenance costs aren't a major concern). The SLK is a good choice for those who prioritize the retractable hardtop and Mercedes-Benz prestige.

Ranks #770 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (5.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
770 2002 Mercedes-Benz SLK-Class (4.0★)

Final Verdict: Is the 2002 Mercedes-Benz SLK-Class a Good Convertible?

The 2002 Mercedes-Benz SLK-Class is ideal for those seeking a stylish and relatively affordable roadster with the added convenience of a retractable hardtop. It's worth buying if you're comfortable with older car maintenance and are willing to address potential issues. A pre-purchase inspection is crucial. The SLK320 offers slightly better performance, but the SLK230 Kompressor is a more common and generally reliable option. It's best purchased used, as new models are no longer available, and aim for well-maintained examples with good service records. Be prepared for potential repairs associated with an older luxury vehicle.

2002 Mercedes-Benz SLK-Class Owner Reviews

4.46
Consumer Rating, Based on 13 Consumer Reviews
Overall rating
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JCM on November 25, 2018

Most enjoyable car I have owned.

I bought the car for the purpose of relaxing after work on winding roads near our home. It has been one of the best auto purchases I have made. It is fun to drive, is very responsive, with a strong and reliable V 6 engine. It has been garaged since new, and I was careful to avoid driving it on salt treated roads. The paint and finish are pristine, the interior very good. Leather seats have no cracks or splits.

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John on November 11, 2018

Small aggressive and fast

The car is awesome- Small, fast, fun- Loved the way the roof folds into the trunk and still had room for a couple overnight bags.

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A retired "kid" on October 19, 2018

Very pleased!

I love the way it handles and drives. A LOT of fun! Driving this vehicle is thereputic for me. Extremely glad that I decided to purchase it.

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Rafactor on October 10, 2018

Fun little second car!

The interior of this car is small. It makes getting in and out a little challenging sometimes. The 6 speed manual transmission is fun to drive and still has lots of power. We love this car, but it is not a winter car.

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erich760 on June 16, 2018

Fun Fun Fun

A real head turner - lots of fun around town - your neighbors will all want a ride - just dont buy too many groceries as there is not lots of room -

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OldGuy on November 4, 2017

Most fun car I've owned. Wreaks performance

This car is great and primarily driven by my wife. She loves the hardtop/convertible feature and the auto/manual transmission is fun. The AMG part of this car begs you to drive it as its designed, quick and fast but stylish.

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SLKlover on July 2, 2017

Best car I've ever owned

I own and drive daily a manual transmission 2002 SLK 230 Kompressor . I have 170,000 miles on the car and the only expenses have been new tires, regular service and replacement of faulty ignition lock. The car still has the original clutch. I bought the car new and intentional bought it with the fewest options possible. Simpler is better. Love it! Its simple, good looking, sporty to drive and the retractable hard top is great. The large trunk easily holds a full set of golf clubs and folding cart. Once a year the local Mercedes dealer calls and asks if I want to upgrade. The answer is always no. I figure this car is good for another 100,000 miles.

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RichD on June 28, 2013

SLK 230 or 320?

Have always loved the look of the SLK 230. Now that some of the early models were in may price range I started my quest in ernest. I 've always driven stick shift cars but found such Mercedes very difficult to find. I test drove at least six SLK Kompressors , all w/ auto trans. All had sporty ride / handling, but felt sluggish from dead start. I hoped a manual trans w/ 4 cyl. might be the answer but never found one. Instead I located an SLK 320 w/ 6spd manual and loved that combo! Felt like a rocket!.Unfortunately, that car needed a clutch so that made it too costly. Frustrated, my research led me to a Chrysler Crossfire, built on same assembly line as SLK. I found an '04 w/ 66K miles for $4000 less then a SLK & bought it. Very similar ride / handling, lots of features but w/ a hot rod look of 19" rear tires & sweeping hatch back styling that is unique. I love it!

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former S2k owner on March 6, 2012

just a car

after owning Honda's, this was a poor decision. maintenance is expensive, and the slk230 that I purchased was poorly maintained. lots of little things needing to be fixed. after getting the bulk of the repairs done, i just have a compact car that looks looks good. the S2000 was exciting, the SLK230 is not. It's just a comfortable compact car. The hardtop retracts, big whoop. the only strong point is that it feels appreciatively safer in rainy conditions.

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mr benze on August 12, 2011

easy on the eyes

I have owned many mercedes i will keep it simple if u are going to invest in a slk take ur time and look for a v6 and make sure u have a 2nd car to drive every day

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Drew B

Drew is a seasoned automotive expert and contributor to VinCheck.info. With nearly 15 years of experience as a former Porsche technician, he brings a wealth of hands-on knowledge to his writing. Born in North Carolina, a region renowned for its deep-rooted NASCAR culture, Drew developed a passion for cars early in life, often building and working on vehicles from a young age. At VINCheck, Drew leverages his extensive technical background to provide in-depth analyses of various vehicles. His articles often focus on engine performance, reliability, and maintenance insights, offering readers practical information grounded in real-world experience. Some of his notable contributions include reviews on the Mazda CX-5's longevity and detailed examinations of engine options for models like the 2011 Toyota Camry and Tacoma