About the Peugeot 306
Produced from 1993 to 2002, the Peugeot 306 was available as a hatchback, estate, saloon and cabriolet. The model earned widespread acclaim for its engaging handling and ride quality, winning European Car of the Year in 1994. Popular variants include the GTi-6 with its 2.0-litre petrol engine, the economical 1.9-litre diesel models, and the stylish cabriolet. Build quality was generally good, though rust protection on earlier models can be problematic.
What Affects the Price of a Used Peugeot 306
Age is a significant factor, with pre-1997 phase 1 models commanding lower prices than the revised phase 2 cars. The GTi-6 and Rallye models attract premium prices due to enthusiast demand, often £2,000-£3,500 for good examples. Mileage significantly impacts value, with sub-80,000-mile cars worth considerably more than high-mileage examples. Diesel models, particularly the 1.9 D-Turbo and HDi variants, hold their value well due to reliability and economy. Condition is critical given the car's age—rust-free bodywork, documented service history and original specification all command higher prices. Cabriolet models typically sit at the upper end of the price range when well maintained.
Tips for Buying a Used Peugeot 306
Inspect thoroughly for rust, especially around rear arches, sills, tailgate and front wings. Check all electrical systems including windows, central locking and dashboard instruments as faults are common. On petrol models, listen for timing belt issues—replacement history is essential as failure causes engine damage. Diesel engines are robust but check for blue smoke and rough running. The GTi-6 requires careful inspection of the gearbox for synchromesh wear and check for chassis modifications. Verify all service history and HPI check for outstanding finance or accident damage. Parts remain readily available and affordable, making the 306 economical to maintain.