Classic Cars (UK)

Rare Peugeot snapped up by keen courtiers

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A desirable Peugeot 404 convertibl­e emerged from 33 years of dry storage to sell for three times its estimate in a recent sale at French auction house Aguttes’ Lyon headquarte­rs. The car is a secondseri­es example sold new in 1967 and features a mix of specificat­ions – Kugelfisch­er fuel injection, turquoise blue paint with black leather and the sleeker looks of the MKII version of Pininfarin­a’s shape. And as if to show that French collectors can get as excited over barn finds as any British enthusiast, the car was estimated at €10k-€15k but sold for €38,250 (£33,600), which is about what you’d pay for a good restored example.

The 404 convertibl­e cost almost twice as much as a 404 saloon but still sold more than 10,000 units. With only one previous owner before the vendor’s family and in apparently well-preserved condition beneath the grime, this example offered a barn find’s usual challenge to bidders – to find another like it.

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