Peugeot 405

The Peugeot 405 was a major success for the French brand, earning the European Car of the Year award in 1988 for its sharp Pininfarina styling and well-sorted chassis. Peugeot sold the 405 in the US for just 3 model years, from 1989 to 1991, offering the base DL, midrange S, and the sporty Mi16. The Mi16 is the model collectors want, featuring a 1.9L 16-valve 4-cylinder engine that produced 150 hp and delivered an engaging driving experience.

The 405's rarity in North America is a key part of its appeal. It represents a brief, optimistic return to the US market that ultimately failed, leaving behind a small number of cars. Enthusiasts appreciate the Mi16's handling and high-revving engine, which offered a distinct alternative to German sport sedans of the era like the BMW 325i.

The market for the 405 is thin but dedicated, with an average sale price around $7,000. Finding any 405 in the US is a challenge, and finding a clean, well-maintained Mi16 is even harder. Most transactions are for these sport models, as the lesser DL and S sedans have yet to generate significant collector interest.

Prices range from $5,005 for project cars to $11,005 for the best examples.