405 Mi16 series 2 $5000 ??
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  1. #1
    Fellow Frogger!
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    405 Mi16 series 2 $5000 ??

    I was in Melbourne today, and i had a look at a series 2 405 Mi16 1993 model.
    The car was red, pretty good nick.
    The thing that was concerning me, was that he only wanted $5,000....

    As it turns out, this is a DODGY car...

    Just a friendly warning to any froggy members, that may be thinking of looking at it in Melbourne.

    It had a blown head gasket today, but the guy said it will be fixed, by Tuesday.
    He said it would only cost $400-$500 to fix.??
    But i thought a bottle of Chemi Weld was only $50 ??
    To replace a head gasket properly should cost around the $1,200 to $1,600 mark..

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    So be careful, as you could easy spend another $5000 fixing mechanicals on this car...
    Just thought you guys should know..
    Cheers
    Adrian Colman
    Peugeot
    "Anything else is a Compromise!"

  2. #2
    Fellow Frogger! Jez 405's Avatar
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    Cant_get_enough_of_peugeots:
    I was in Melbourne today, and i had a look at a series 2 405 Mi16 1993 model.
    The car was red, pretty good nick.
    The thing that was concerning me, was that he only wanted $5,000....

    As it turns out, this is a DODGY car...

    Just a friendly warning to any froggy members, that may be thinking of looking at it in Melbourne.

    It had a blown head gasket today, but the guy said it will be fixed, by Tuesday.
    He said it would only cost $400-$500 to fix.??
    But i thought a bottle of Chemi Weld was only $50 ??
    To replace a head gasket properly should cost around the $1,200 to $1,600 mark..

    So be careful, as you could easy spend another $5000 fixing mechanicals on this car...
    Just thought you guys should know..
    Cheers
    Adrian Colman
    This wouldn't be the one in St Albans, would it?
    I'm actually in the market for a manual 405 or 405 Mi16 at the moment, and that one looked too cheap though I haven't actually seen it yet.
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  3. #3
    Fellow Frogger! Andreas's Avatar
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    Jez 405:
    This wouldn't be the one in St Albans, would it?
    I'm actually in the market for a manual 405 or 405 Mi16 at the moment, and that one looked too cheap though I haven't actually seen it yet.
    hmm, does mine interest you at all? wink

    how about with standard bumpers, standard everything?
    you'd be looking at sub $10,000 for my 89 Mi16 with a near new paint job, abs, leather, air con, rego and rwc.

  4. #4
    1000+ Posts Warwick's Avatar
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    $5000 is cheap. Head gasket or not.
    "Now my dream lies shattered like the shards of a broken dream"

  5. #5
    Fellow Frogger!
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    Yes it is the one at St albans...

    I offered him $2,500, because you either have to wreck the car, or drive a car that will give you constant greif and cost you big bucks to keep on the road...and i mean big bucks..

    So Andreas what does the car have left on it???
    does it have the BE3 box??
    Peugeot
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  6. #6
    Fellow Frogger! Andreas's Avatar
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    yes mine's got the BE3 box but i'm not stripping the car that far.
    worst case i sell the car completely standard which is very likely at the moment.
    all parts except for the short motor itself are 99% spoken for.

    what's a 89 Mi16 with near perfect paint, leather, abs, aircon, PS rego and rwc sell for?
    motor unknown (need to buy one first) but it'll be in good cond regardless.
    car has done 230,000km

  7. #7
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    Surely if you did the work yourself you could get away with $500? Sub out any machining, replace the belt, gaskets and pump. I hope so; I'm the original tight arse Mr DIY and am currently looking at 405 Mi16's and BX 16V's...(tested a BX today).

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  8. #8
    Fellow Frogger!
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    $500 ??
    I presume you mean the head gasket on the Mi16??

    I spoke to 3 Pug mechanics i know, and 2 of them told me that they didn't want to do it!!
    Too hard they said..
    it would cost $200 for the vrs kit
    waterpump $100
    Belts hoses $60
    Coolant, 2 lots of oil $60.
    Plus whatever the head looks like, it definately has to be faced, so another $1-200 bucks.

    Oh and i forgot to mention, it is a series 2, with a series 1 motor mallet
    Electrical gremlins for the rest of the cars life..... I think it was a motor fire car bought at auction (You know what i mean..)
    buy it for 5k, spend another 6-7k over 3 years,
    nah buy a good one...
    Peugeot
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  9. #9
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    I bought my series 1 1990 mi16 a year ago for $6750. It had only done 150,000 km when I got it, paint job was immaculate, had a REMUS exhaust on it too. It was a deceased estate though. Mine doesn't have the leather interior mind you. question

  10. #10
    Fellow Frogger! Andreas's Avatar
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    so expecting $8,000 would be too much for my standard 89 mi16?

  11. #11
    Fellow Frogger!
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    Nah eight grand is around the mark andreas...
    It's got the BE3 box, and it should be a pretty neat car when your finished..

    I sold mine for $7200, it was in good nick, but had the BE1 box, i had no interest for 3 months, then bang 3 people wanted to buy my car..

    I can't beleive how good Mi16's are, and how cheap they have become.
    Peugeot
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  12. #12
    Fellow Frogger! Andreas's Avatar
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    Actually it's got the BE1 lift up reverse box.
    Got confused with some other mi1's i was writing about.

  13. #13
    VIP Sponsor David Cavanagh's Avatar
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    I'd sell our 94 series 2 405 SRI for $5,000 and its immacualte, this is a one owner car, originally owned by the son of the famous Peugeot Guru Sam Mechkaroff of Auto Paris fame, it's fully serviced and excellent to drive.
    $5,000 cash and this bargains is yours.

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  14. #14
    Real cars have hydraulics DoubleChevron's Avatar
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    So it's got the powerful series I motor in it?? the 160hp motor fitted to the Series I BX 16valve.

    Lets see:
    $500 ??
    I presume you mean the head gasket on the Mi16??

    I spoke to 3 Pug mechanics i know, and 2 of them told me that they didn't want to do it!!
    Too hard they said..
    it would cost $200 for the vrs kit
    waterpump $100
    Belts hoses $60
    Coolant, 2 lots of oil $60.
    Plus whatever the head looks like, it definately has to be faced, so another $1-200 bucks.
    Now I'm a tight arse from way back.

    Give the waterpump a spin, if it's bearings feel good, it'll be ok for another 60,000km, so I'll leave it alone. If at all in doubt, replace, it'll take the cam-belt (and motor iwth it).

    Why would you replace all the hoses & belts unless they need doing.

    Cam-belt, about $40bucks?? Change it regardless

    Head gasket couldn't be to much. Head to Coles and buy some coolant, the castrol stuff we've used in cars with no problems for 20years ($4.50 a tin). Some semi synthetic oil for about $26.00 (I usualy go 15-50 or 15-40, just change it often).

    Basicly most of this stuff you do to ANY car you buy (except for the head work).

    Me??? If it had the powerful Series I motor succesfully installed, that'd be a BIG bonus

    seeya,
    Shane L.
    PS: No-one has the equivelant BX16valve for sale do they
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  15. #15
    1000+ Posts dino's Avatar
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    ....wtf....YOU OFFERDED THE GUY 2500 for the car....to be quite frank, i would have probably trown u of my property if u had made me such an offer, blown gasket or not....hell, i reckon one without the motor is worth more than that.....absolute crap mate....but i guess you wouldnt have a problem making offers like that regularly...since u r in the bussiness....i hate that kind of shitee....

    cheers
    dino
    if u want the car u buy it...if not, well u dont...
    doesnt mean u go out an insult the seller with bullshit offers....

  16. #16
    Fellow Frogger!
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    Hey Dino,
    I hope i didn't upset u mate

    I don't normally make offers like that, but this was an exception..

    The car was dodgy, the seller was dodgy,
    he said this was an original well maintained car,
    (F*** LIAR)
    well it turns out it was a wreck bought from Fowles, bodged up, and he's trying to flog it off.

    I feel sorry for the person who buys it, i really do. mallet

    The only thing you could do with that car is WRECK it, or have a membership with the RACV, and be a VIP tow truck member roll_lau

    The average price for an Mi16 for wrecking, is $1,500, to $2,500, so i offered him $2,500.

    I hate shite like that as well, but bear one thing in mind REBIRTHING a car is illegal,
    so would you pay 5k for a car like that???

    I don't reckon you'd be complaining if i had of bought the car, and was selling the motor for $1200 would you??
    or body panels for $100, or the 15" wheels for $500?? would you complain then?? hmmmmm....

    Look at the bigger picture mate.....
    I try to buy cheap, so i can sell to my customers cheap,
    that's the way it is..

    Cheers
    Adrian Colman

    PS When i am looking at buying cars, to sell to customers, i buy good cars, which i pay a lot more for, make sure they are Mechanically A1, and always, always, without exception, have happy customers!!!
    Sometimes i make money, sometimes i don't, just as long as i have a happy customer.
    How many other people "In the business" have you heard say that??
    Peugeot
    "Anything else is a Compromise!"

  17. #17
    Budding Architect ???? pugrambo's Avatar
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    dino:
    ....wtf....YOU OFFERDED THE GUY 2500 for the car....to be quite frank, i would have probably trown u of my property if u had made me such an offer, blown gasket or not....hell, i reckon one without the motor is worth more than that.....absolute crap mate....but i guess you wouldnt have a problem making offers like that regularly...since u r in the bussiness....i hate that kind of shitee....

    cheers
    dino
    if u want the car u buy it...if not, well u dont...
    doesnt mean u go out an insult the seller with bullshit offers....
    i am sure there are many people that offer 50-70% of the asking price for a car
    i know i have many times and have quite often walked away with a car
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  18. #18
    1000+ Posts dino's Avatar
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    i understand what you guys are saying but u should also try and put things in PERSPECTIVE...ie there is a reason the car was advertised for $5000K (remeber this is a 93 model and as adrian has already said is in good nick)....and then some guy offers you HALF of what you advertised it for....hell there are RIDE ON mowers that cost more that out there...and as for rebirthing....i spoke to this guy about this car well before it was even mentioned on this board and trust me the car has not been rebirthed....i think though the mi16 may not be THE MOST sought after model DOWN THE StALBANS END hence the owners pricing....besides even at five K he s probably ,made some profit if he bought it from fowles....BUT TO THOSE WHO CAN buy 93 model mi16s for 2500 (blown gasket or not) i d like to order 5 straight away...dont care about colour...CASH WAITING!!!!!i still think its pretty low...

    cheers
    dino

  19. #19
    Fellow Frogger!
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    Yep i'll buy 5 as well roll_lau roll_lau

    The body looks ok, although it is missing the sideskirts, and needs a bonnet, andfront gaurd respray.

    u should buy it Dino....

    turn it into a beast...
    Import a 4wd version from the UK as parts only, and swap all the bits....Nice.....
    Peugeot
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