25 year old Peugeot, £43'000. Discuss.

[Broadsword]

I guess he has already succeeded partially, here we all are talking about it. What really annoys me is that he is asking silly money and could not even be bothered to take some decent photos. Don't think I mean white backdrop or anything like that, that is the other extreme. But one exterior photo next to a shed + petrol cap photo. Seriously?

[Timewaster]

I saw the £25k red one at ACA.

It was absolutely concourse spotless and far beyond the condition of the brand new ones in the Peugeot garage I worked at as a yoof.

 

I sold mine for £2k in 1998, and I had ragged the Fk out of it like you would expect from a 24 yr old.

 

Awesome cars but I bet if I had one now I'd hate it. They were awful in stop start traffic and had a rock hard ride and heavy steering.

Go, steer, corner and stop like a mad giant go kart though.

[beko1987]

If I fancied a 205 I'd buy a cheap shit one and get wor_will to breathe over it a bit!

 

That's me sole experience of a 205,carefully* driving his up the hill at sf15! And it was a fucking riot! Even more so when he drove us back down again

[rantingYoof]

LS400s are creeping that way now.

 

The culprits are normally dealers chancing a high four figure sum on lower mileage cleaner models, and I can just about accept that a very early original model with a low mileage and fully documented history from Lexus may be now considered an appreciating classic worth three or four bags of sand.

 

But this guy...

https://www.autotrader.co.uk/classified/advert/201709249621590

 

 

This started out at £6995 I think, or possibly £7995. It's quite sad watching the price get slashed by a grand every week or two, but really it isn't special enough to command anything like such strong money.

 

 

All that's happening now is that other sellers are noticing and, as someone else has already said, saying to themselves 'well mine must be worth a lot more than I thought' and inflating the price accordingly.

[Dick Cheeseburger]

That sort of money for a secondhand, dated sports car with red seatbelts. Jeez. Those old hat, rotbox mk1 Escorts will be worth more that a grand before you know it. My uncle's grandfather's nephew bought one for £50 from a vicar, and went on to scrap at least 50 of them.

Etc.

[omegod]

It would have been better if it had been a £43k 405, like.

 

That said, an imported T16 allegedly went for £19,500 recently and I farted coffee out of my nose when I found that out. 

Not been researching 405 values or owt. 

 

Always the same with the volume sellers - the OMG FAST INTERESTING RAER models get saved first, prices rise, and the very best cooking cars rise slightly in value. The run of the mill stuff always ends up being rarer because it takes a conscious effort to save your bog standard 405; most of the investor types wouldn't bother (unlike with an Mi16x4, which have been making serious coin on eBay recently) because the return isn't there. 

 

I wish more people would save cars for the love rather than for the digits, but sentimentality has no place in our £5.5bn industry. It's a business like any other. 

 

Le sigh. 

 

You won't see a T16 205 for less than 100k I would have thought

[Braddon81]

You won't see a T16 205 for less than 100k I would have thought

I think the rather mega rare Europe only 405 mi16 T16 was being referred to in this instance! Along obviously with the 205t16, the 405t16 in Pug enthusiasts circles has at achieved almost mythical status ☺️☺️

[AlabamaShrimp]

Why?

[Braddon81]

Why?

Purely on the basis on that very very few were made... and precious few survive. It was also Psa's only real effort in its purple 80s and 90s period to endow one of its saloons some proper grunt to exploit its great chassis.

[Justin Case]

Let me put the opposing view. The 205 GTI 1.9 has become a cult car, and that one  must be the finest available and appears to be perfect and with a provenance second to none, so even if £43k is a bit on the high side I don't think that it is excessive for a car of that quality. Remember one that is immaculate but with slightly higher mileage and without the back story would be lucky to reach £25k, so there isn't necessarily a ripple effect.

 

On the other hand that Lexus Gold badges and only a part service history to cover 112k miles and 3 owners, but £5k. Remember you are 'buying' the owner as well as the car. If I was after a decent Lexus, I wouldn't even look at one sold by someone like that.

[Faker]

never driven a 205 .. always wanted to , to see what the hype was all about - especially the 1.9

There are good going modern diesels that'll challenge a good 205... but I still love them... I actually still maintain the 1.6 is still a better car than the 1.9. Just my opinion..

[flat4alfa]

Let's face it, the Lexus ought to be in the Bargains thread as it is perhaps irrelevant here, all I see is few daft vendors playing the long game as he might have promised the wife she'd get a new kitchen out of Grandad's old car fund

 

 

This is a 205 Phenomenon thread. I look at that money, along with the spend rebuilding one better than factory, and think

 

Why?

 

Exactly. 

 

Given that, I'm far more interested in watching the values of the British sister, the Talbot Arizona 1.9 GTi; the better drive apparently., and had more shite tick points both new and used  [Peugeot 309]

[omegod]

405t16.jpg

I think the rather mega rare Europe only 405 mi16 T16 was being referred to in this instance! Along obviously with the 205t16, the 405t16 in Pug enthusiasts circles has at achieved almost mythical status ☺️☺️

 

Oohhhh fuck me that's news to me and i'm a bit giddy now I know it exists 

[STUNO]

How about this ? not so perfect but a wee bit cheaper, currently $NZ 1550.00 (plus shipping)....and it's a 1990cc.

 

 

https://www.trademe.co.nz/motors/used-cars/peugeot/auction-1454151469.htm

 

 

[Snipes]

Isn’t this guy just doing what all the eBay chancers do? Find a nice car, fill the advert with a load of irrelevant hyperbole, ask an absurd price and keep renewing the advert until time itself ends.

[Cavcraft]

They're fabulous cars, such a great laugh to drive, but £43,000? Ridiculous.  Mr B's post summed it up superbly.

[Jerzy Woking]

Aah, the Duke of London. White backdrops, fibreglass Stag's head nailed to the wall.

Keep thinking that he is Martin Fry from ABC

[Anthony]

Let me put the opposing view. The 205 GTI 1.9 has become a cult car, and that one  must be the finest available and appears to be perfect and with a provenance second to none, so even if £43k is a bit on the high side I don't think that it is excessive for a car of that quality. Remember one that is immaculate but with slightly higher mileage and without the back story would be lucky to reach £25k, so there isn't necessarily a ripple effect.

The £43k one is "only" a 1.6 GTi - nothing wrong with that of course and they're still great, but it is generally slightly less desirable (and logically, valuable) than the 1.9.

[flat4alfa]

How about this ? not so perfect but a wee bit cheaper, currently $NZ 1550.00 (plus shipping)....and it's a 1990cc.

 

667606479.jpg

 

https://www.trademe.co.nz/motors/used-cars/peugeot/auction-1454151469.htm

 

In this company, that's a bargain perhaps even so including shipping.  Swap the gearbox over from a £50 BX GTi rotter and ...kerching £££££ 

 

When the WOF has expired, how does that affect exporting to UK?

[The Reverend Bluejeans]

The £43k one is "only" a 1.6 GTi - nothing wrong with that of course and they're still great, but it is generally slightly less desirable (and logically, valuable) than the 1.9.

 

 

Unless you're selling it, in which case the reverse is true.

 

It's like Porsche 912's - a 911 with a Beetle engine basically. Sounds like a Beetle and with 90 bhp wouldn't pull you out of bed but they're now as desirable as a later and much better 911 because (insert meaningless hyperbole here).

[Timewaster]

The £43k one is "only" a 1.6 GTi - nothing wrong with that of course and they're still great, but it is generally slightly less desirable (and logically, valuable) than the 1.9.

At the time there was great debate over which was better.

The 1.6 was seen by some as purer to drive.

Mostly by people like me who couldn't afford to insure a 1.9!

[Junkman]

Recently a 'garage find' 405 Mi16 4x4 sold for 4,600 on eBay.

 

There is one 'barn find' currently listed, which is also going strong:

 

https://www.ebay.co.uk/itm/peugeot-405-mi-16-x4-alloy-block-low-milage-rare-barn-find/282711992192

 

 

Makes me wonder whether those drivetrains are needed for some Group B replicas?

 

Then again, even this clapped out Mi16 non 4x4 is likely to crack the bag:

 

https://www.ebay.co.uk/itm/Peugeot-405-Mi16-Barn-find-restoration-project-or-205-GTI-conversion/182864127338

 

To be fair, it's on a gravel drive and there is a little girl in the pics.

[Dirk Diggler]

Immaculate (no, really) 309 1.3 Base, €1200

 

https://www.donedeal.ie/vintagecars-for-sale/mint-peugeot-classic-best-on-donedeal-price-drop/17053891

[Timewaster]

Mi16 is another example of an appreciating classic that I sold for about £300.

[PiperCub]

It's another classic case of charging what you can get away with/what people will pay - nostalgia costs! Still, £43K? I'd pass, they're not worth remotely near that to me, if they are to you then good luck and enjoy it. 

 

As a serial & current 205GTi owner I biased naturally, but I love the things, had them on and off for 25 years, this one's a keeper though. The value of that has tripled at least in the five years I've had it,  the same thing happened with OSF Fords, look how the Mk1 & 2 Ez (esp RS's) have shot up to stupid levels and RS Turbo's etc are following. I've not looked recently but guess Mk1 Golf GTi's are even pricier. 

 

It's just the way of things when something is popular and there's a limited supply either through rarity (low sales originally) or simply the fact most examples have been thrashed and crashed into oblivion as per any hot hatch of the era and since. 

 

BTW: I think the 1.6 is nicer than the 1.9 to drive, (had both), the longer gearing on the latter makes it feel torquer than it really is as there's not that much to choose between the motors IMO plus I'm in a tiny minority in preferring the smaller 14" wheels on the 1.6 - the 1.9's 15" always look too big on that size of car in my eyes. The 1.6 is a bit 2-stroke/revvy like to drive - maybe as an LC owner, that's part of the reason!!!

[The Reverend Bluejeans]

I would however pay £43'000 for an absolutely perfect Mark 1 Mexico if I had the money. But these (and TC / RS1600) cars hark back to another era altogether and Rallye Sport Escorts built at AVO are somewhat more significant than another eighties hot hatch. I wouldn't cross the road to look at a 205, or a Golf, or an XR3i. They just weren't desirable to me when they were new - UR Quattros, 325i Sports and 911's were though. 

 

Now this puts it all into perspective:

 

http://www.carandclassic.co.uk/car/C931037

 

A Mercedes Benz 500E. Not some French tin can with 115 bhp that any of todays hot hatches can obliterate, but a Porsche built W124 with a bastard 5.0 V8 that will still give most things on the road today a nosebleed. This was - and is - a very serious car. This, Gents, is a classic car. 20 grand to you.

[FakeConcern]

I don't like the colour.