About the Peugeot 403
The Peugeot 403 was launched in 1955 and became one of France's best-selling cars of the era, with over 1.2 million units produced during its eleven-year production run. Styled by Pininfarina, the 403 was available as a four-door saloon, estate (Familiale), convertible, and light commercial variants. The model gained worldwide recognition through its appearance in the Columbo television series.
Power came from a robust 1.5-litre petrol engine producing around 58bhp, later upgraded to 65bhp in refined versions. The 403 featured independent front suspension, rack-and-pinion steering, and a reputation for reliability that made it popular with taxi drivers and families alike. Diesel variants were also offered, making it one of the early affordable diesel passenger cars in Europe.
What Affects Peugeot 403 Prices
Condition is the primary factor determining value, with fully restored examples commanding premium prices up to £25,000, whilst project cars requiring significant work start around £5,000. Rarity significantly impacts pricing—convertibles and cabriolets fetch considerably more than standard saloons, whilst the estate versions occupy a middle ground.
Originality matters to collectors, with matching numbers and period-correct components adding substantial value. Rust is the 403's main enemy, particularly in sills, floor panels, and front wings, so rot-free examples or professionally restored bodywork command higher prices. Provenance, documented history, and UK registration also enhance desirability. Competition history or celebrity ownership can dramatically increase values beyond typical ranges.
Buying Tips for the Peugeot 403
Inspect thoroughly for corrosion in structural areas including chassis rails, outriggers, and suspension mounting points—rust remediation can be expensive. Check all panels carefully as replacement parts are scarce and often require specialist fabrication. Verify engine and gearbox numbers match documentation where possible.
Join the Peugeot 403 owners' clubs before purchasing, as members offer valuable advice and can recommend trusted specialists for inspections. Budget for ongoing maintenance costs as parts must often be sourced from France or specialist suppliers. Ensure any potential purchase has valid MOT and check its history for structural issues. Consider engaging a marque specialist to conduct a pre-purchase inspection, which can save thousands in unforeseen repairs.