2004 Peugeot 206 1.4L Petrol · KS04 AAZ

Running a 22-year-old Peugeot 206 with a 1.4-litre petrol engine is relatively affordable in absolute terms. Fuel economy is typically in the 38-45 mpg range for combined driving, depending on condition. Road tax falls into the cheap pre-2007 bracket, so VED costs should be modest, though vehicles of this age are no longer eligible for free tax. Insurance is likely to be inexpensive given the low insurance group rating of the 206 1.4, though you will need an insurer willing to cover a vehicle over 20 years old.

Maintenance costs for the 206 are generally reasonable, with parts being widely available and inexpensive. However, expect higher-than-average labour costs if you use a main dealer rather than an independent specialist. Common replacement items such as brake discs, pads, exhaust sections, and suspension components are inexpensive for this model. The 1.4-litre engine itself is simple and robust, but age-related wear on ancillaries (alternator, starter motor, water pump) can add up over time.

Estimated annual running cost: £800-£1,100, covering fuel, tax, insurance, and a modest maintenance budget. This estimate assumes the vehicle remains in reasonable mechanical condition and excludes any major repairs.

Begin with a thorough visual inspection of the bodywork, paying particular attention to corrosion around the rear wheel arches, sill panels, and the area around the fuel filler flap — these are the classic rust hotspots on the Peugeot 206. Lift the boot carpet and check the spare wheel well for damp and corrosion. The model aggregate data lists corrosion as a top-three MOT failure reason across 84,346 vehicles analysed, so this is a statistically significant concern for any prospective buyer of this generation.

For the MOT-specific concerns, although the failure records on file do not list specific defect categories, the top three failure reasons for this model are exhaust systems, headlamps, and corrosion. On inspection, check the exhaust for blowing joints and excessive movement, examine both headlamps for cracks, condensation, and proper beam alignment, and probe all body panels methodically with a magnet or by tapping to detect filler. Also inspect the tyres for uneven wear, which can indicate suspension or alignment problems common to high-mileage 206s.

Under the bonnet, check the coolant level and condition — the 1.4-litre unit is known for cooling system issues as it ages. Listen for any timing chain rattle on cold start, which can indicate stretch. Inspect the oil cap for mayonnaise-like residue, a sign of head gasket concerns. Finally, take the vehicle for a test drive and listen for clonking from the rear suspension over bumps, which points to the notorious rear beam bush wear.