The best replacement for p500 is p510.

The best alternatives to p500 are rated as following:
★★★★★  p510
★★★  sx40
★★★  l120
★★★  hs20
★★  sony hx100v
★★  l810
★★  l820
★★  p500h
★★  p100
★  hx100v
★  canon sx30
★  fz150
★  sx30
★  canon sx40
  canon sx40hs
  s9100
  nikon l120
  sx30is
  fz48
  canon sx30 is
  z580
  nikon p510
  z500
  p7000

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p500
p510
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