About the Peugeot 404
The Peugeot 404 was designed by Pininfarina and became one of the most successful models in Peugeot's history, with over 2.8 million units produced. UK models were typically fitted with the reliable 1.6-litre petrol engine producing 72bhp, though diesel variants and the desirable fuel-injected versions were also available. The 404 earned a reputation for exceptional build quality and durability, with many examples serving as taxis in Africa and continuing to run for decades. UK survivors now command strong interest from the classic car community, particularly saloons in good original condition and the rarer Cabriolet and Coupé variants.
What Affects Peugeot 404 Prices
Condition is paramount, with restored or exceptionally original examples commanding prices at the upper end of the £15,000-£25,000 bracket. Body style significantly impacts value—Cabriolets and Coupés fetch premium prices compared to saloons and estates. Rust is the primary enemy of the 404, so cars with solid floors, sills and inner wings are worth considerably more. Originality matters to collectors, including correct interior trim, period features and matching numbers. Provenance, including documented history, previous ownership records and participation in classic rallies, can add thousands to asking prices. UK-supplied right-hand-drive models typically command slightly more than continental imports.
Buying Tips for the Peugeot 404
Inspect thoroughly for corrosion in floors, sills, door bottoms, boot floor and around the rear suspension mountings—restoration costs can quickly exceed purchase price. Check the engine starts readily and runs smoothly without excessive smoke; parts availability is reasonable but specialist knowledge may be required. Verify all documentation, particularly V5C registration and any import paperwork if applicable. Test all mechanical components including brakes, steering and suspension, as parts can be sourced but may require time. Join the Peugeot 404 Owners Club before purchasing for access to expertise, parts suppliers and realistic valuation guidance. Budget for ongoing maintenance and storage, as these cars reward careful ownership but require commitment to preserve their condition.