A 1982 Peugeot 505 Estate has sold for £20,250 via an online auction. That’s around double the pre-auction guide price of £9,000 to £12,000.
What’s the appeal? That’s a rhetorical question, because the condition of this Peugeot 505 speaks for itself. It’s also done 32,000 miles, which in old Peugeot estate terms means it’s only just getting started.
It appears to be an appreciating classic. The seller bought the car in August 2020 from Stone Cold Classics in Kent, where it was listed for £6,995. A relative bargain when you consider the price they sold it for.
Although it wasn’t the entry-level model, the GR trim was only one step up the trim ladder in 1982. Opting for the GR over the GL added the likes of a trip meter, ‘Econoscope’, interior headlight adjustment, tinted glass, laminated windscreen, rear wash/wipe, remote control door mirrors, illuminated ignition keyhole, radio/cassette, heater with four-speed fan and, well, nothing else to get excited about.
Need for tweed
Except the luxury of tweed upholstery, that is. While drivers of poverty-spec 505s made do with cloth, GR owners enjoyed the rich feeling of tweed. Leather or velour wouldn’t cut it if you had the need for tweed.
According to Stone Cold Classics, the Peugeot 505 Estate was discovered by a property developer purchasing properties from probate. It’s rare example of an actual ‘barn-find’, rather than a car that’s been stored in someone’s garage for a few years.
The dealer spent time recommissioning the car, including a full service of the 2.0-litre petrol engine and careful vacuuming of the tweed upholstery. The car was also treated to a new set of tyres.
Since buying the car, the seller had done nothing other than fit a pair of new Valeo headlights. A testament to the build quality of old Peugeots and the work of Stone Cold Classics.
French bred
The Car & Classic auction price will raise a few eyebrows in the classic car world, but a budget of £20,000 doesn’t go very far when you’re buying a new Peugeot. A mid-range 208, perhaps? An entry-level 2008?
Alternatively, you could own a slice of Peugeot history (this was the company’s last rear-wheel-drive model), and an estate car that’s more charming than any modern crossover or SUV we could mention.
Oh, and tweed upholstery. That’s got to be worth £20,250 of anyone’s money.
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