Peugeot 205 mi16

tom46

Hi guys. I have a Peugeot 205gti mi16 that I purchased in 2009. I ran it for a few years but the bottom end started rattling so I decided to park it up because I hadn’t the money to do a proper job on doing it up. It’s been dry stored for the pat 7 years. Body is pretty good but would need a respray due to some paint fading on the roof. It has some extras like a quaiffe diff, 309gti front suspension and 306gti brakes. My question is what’s the car roughly worth as is and what would it cost me to do a good job on doing it up. Engine and body overhaul being the major costs I presume. I’m handy enough with spanners so could do some of the work myself.

GavFitz

tom46 wrote: »

Hi guys. I have a Peugeot 205gti mi16 that I purchased in 2009. I ran it for a few years but the bottom end started rattling so I decided to park it up because I hadn’t the money to do a proper job on doing it up. It’s been dry stored for the pat 7 years. Body is pretty good but would need a respray due to some paint fading on the roof. It has some extras like a quaiffe diff, 309gti front suspension and 306gti brakes. My question is what’s the car roughly worth as is and what would it cost me to do a good job on doing it up. Engine and body overhaul being the major costs I presume. I’m handy enough with spanners so could do some of the work myself.

I think like most cars nowadays most people want these standard. Body work tends to be the most expensive part obviously, and getting a good job that lasts. I have one and often wonder how much they actually fetch here in Ireland. Uk seem to get good money for decent examples, floating around the ten grand mark.


But over here I'm not so sure. I wonder myself, mines standard sorrento green limited edition. Anyone out there purchase one of late that could shed light?

Bigus

Classics cars are suffering badly from Brexit at the moment as they are the type of purchase that can be put back, or off completely , so I'd imagine the market would be better here than over the water at the moment. Where that is is hard to say but for the Mi 16 as is, needing engine work and a respray id say 3-4 k.

Neilw

Bigus wrote: »

Classics cars are suffering badly from Brexit at the moment as they are the type of purchase that can be put back, or off completely , so I'd imagine the market would be better here than over the water at the moment. Where that is is hard to say but for the Mi 16 as is, needing engine work and a respray id say 3-4 k.

Is it not the exact opposite, strong euro to sterling exchange rate and a flat €200 vrt once over 30. I know of a good few classics that have been brought in recently.

Bigus

Neilw wrote: »

Is it not the exact opposite, strong euro to sterling exchange rate and a flat €200 vrt once over 30. I know of a good few classics that have been brought in recently.

Just to clarify, prices suffering in the UK that's why i said it would sell better here.

supervento

Bigus wrote: »

Classics cars are suffering badly from Brexit at the moment as they are the type of purchase that can be put back, or off completely , so I'd imagine the market would be better here than over the water at the moment. Where that is is hard to say but for the Mi 16 as is, needing engine work and a respray id say 3-4 k.

What makes you think that? In relation to values of classics in the Uk

From what I hear the very expensive stuff has dropped but it’s the opposite in the right stuff that is relatively reasonable price wise of the 80’s/90’s/00’s is performing quiet strongly in the U.K. at present....

I think it’s to do with lack of quality vehicles available and the strong demand n the U.K which has caused prices to increase strongly in recent years to present...

Bigus

supervento wrote: »

What makes you think that? In relation to values of classics in the Uk

From what I hear the very expensive stuff has dropped but it’s the opposite in the right stuff that is relatively reasonable price wise of the 80’s/90’s/00’s is performing quiet strongly in the U.K. at present....

I think it’s to do with lack of quality vehicles available and the strong demand n the U.K which has caused prices to increase strongly in recent years to present...

Simple factual indicators like stuff not making reserves on eBay classics live auctions. This leaves vendors with a choice to either withdraw from sale or slash prices , which is not the British mindset until there's a crash.

supervento

Bigus wrote: »

Simple factual indicators like stuff not making reserves on eBay classics live auctions. This leaves vendors with a choice to either withdraw from sale or slash prices , which is not the British mindset until there's a crash.

This may be true by looking at eBay where you have a lot of dealers retailing cars or individuals selling their own pride and joy and are not as realistic as they should be relations to its value.

A good friend of mine tells me that the majority of the classic car remarketing companies have an average conversion rate of no less than 75% for the past 12 months. The market for the right stuff below £15k is very buyont apparently....

Sadly prices are not suffering in the U.K at present.... I would agree with you tho classic cars & boats etc are the first thing to go when there is an economic downturn... but values seem to be enthusiast lead for a lot of stuff so the prices should remain firm...

GavFitz

No matter what way you look at it, the uk market is so much bigger you always have more chance of getting stronger money than here for a straight original car with a decent history.

Strongest money I know of personally of late for a 205 GTI that I have heard and know for sure was 8100 for a 1994 run out model, that was about 2 years ago maybe