About the Peugeot 405
The Peugeot 405 was one of the most successful models in the French manufacturer's history, winning European Car of the Year in 1988. Designed by Pininfarina, it offered a blend of stylish looks, comfortable ride quality and reliable mechanicals. Available as a four-door saloon or five-door estate, the 405 came with a range of petrol and diesel engines from 1.4 to 2.0 litres. The Mi16 performance variant, featuring a 1.9-litre 16-valve engine producing 160bhp, is particularly prized by collectors today. Production ended in 1997, but the model's reputation for durability means many examples remain on UK roads.
What Affects Peugeot 405 Prices
Condition is paramount when valuing a Peugeot 405, as rust is the primary enemy of these cars. Models with comprehensive service history and evidence of preventative rust treatment command significant premiums. The Mi16 variants attract the highest prices, especially later facelifted models with the more reliable engine management systems. Low mileage examples under 60,000 miles can fetch double the price of high-mileage counterparts. Estate versions are rarer and often more expensive than saloons. Original, unmodified cars with period-correct features are increasingly valuable as the model gains classic status. Colour choice matters too, with metallic silver, red and black being most desirable. Documentation proving originality, including the original service book and owner's manual, can add several hundred pounds to value.
Buying Tips for a Used Peugeot 405
Inspect thoroughly for rust in the sills, rear wheelarches, door bottoms and front wings. Check under carpets for floor pan corrosion, particularly in the footwells. The head gasket on petrol models can fail, so look for signs of oil in the coolant or vice versa. On Mi16 models, ensure the engine management system operates correctly, as replacement ECUs are becoming scarce. Test all electrics including window regulators, central locking and dashboard displays. Verify the service history is complete and that cambelt changes have been performed at recommended intervals. For diesel models, listen for excessive smoke or knocking from the injectors. Join the Peugeot 405 Owners Club before purchasing to gain access to specialist knowledge and parts suppliers. Budget for maintenance as parts availability is declining. Consider a pre-purchase inspection from a specialist familiar with the model.