About the Peugeot 304
Launched in 1969, the Peugeot 304 was a compact family car that shared its platform and mechanicals with the Peugeot 204. Available as a four-door saloon, five-door estate, two-door coupe and cabriolet, it featured a 1.3-litre petrol engine producing around 65bhp, later joined by a 1.1-litre diesel option. The 304 gained a reputation for reliability, rust resistance superior to many contemporaries, and elegant Pininfarina styling on the coupe and cabriolet variants. Production ceased in 1980 after approximately 1.3 million units were built, with the model now enjoying classic status in the UK.
What Affects the Price of a Used Peugeot 304
Condition is paramount when valuing a 304, as rust-free examples command significant premiums over restoration projects. Body style heavily influences price, with cabriolets and coupes typically fetching £15,000-£25,000 in good condition, whilst saloons range from £5,000-£12,000. Originality matters to collectors, with matching numbers engines, correct period features and factory specifications adding value. Mileage is less critical than condition given the car's age, though lower mileage examples with service history attract higher prices. Completeness of trim, chrome work and interior condition significantly affect valuation, as replacement parts are increasingly difficult to source.
Tips for Buying a Used Peugeot 304
Inspect thoroughly for corrosion in sills, floor pans, door bottoms and around the windscreen, though the 304 was better protected than many 1970s cars. Check engine condition carefully, ensuring smooth running and no excessive smoke, as mechanical parts availability is limited. Verify authenticity of cabriolet and coupe models, as these command premium prices and may have incorrect body modifications. Join the Peugeot 304 owners' clubs for pre-purchase inspections and access to specialist knowledge. Budget for maintenance and parts sourcing, as finding original components requires patience and specialist suppliers, particularly for trim and electrical items.