Yes, you can change oscillator for achieve requested baud rate.
S12X starter kit board contains on-board 4MHz crystal and 8pin DIP socket for external CMOS oscillator.
You can use for example oscillator with frequency 18.432MHz and settings CANTBR0=0xC0, VANTBR1=0xD6 will produce real baud rate 498162 bits/s which is pretty close to 498kbps.
Or you can use for example oscillator with frequency 19.6608MHz and settings CANTBR0=0xC0, VANTBR1=0xE7 (or 0xC2, 0x46) will produce real baud rate 504123 bits/s which is pretty close to 504kbps.
EDIT:
Note: if it is just for test purpose, you can use signal generator for generating square 2.5V EXTAL signal at requested frequency.