You’re looking at probably the daftest purchase I’ve made thus far, and in the middle of an economic crisis no less. But the heart wants what it wants, and the 406 coupe is a car that I have adored since I first clapped eyes on one in a copy of CAR magazine in the late ’90s. It boggled my teenage mind that something so gorgeous and exotic-looking could be had for relatively sane money, and that it was entirely based on the mundane Peugeot 406 saloon. Ok, perhaps that’s not entirely fair as the 406 was actually a very accomplished car and I loved the one my mum had as a company car for a couple of years. Still, this was something that looked like it could be a Ferrari, and that was very cool. Sharing no exterior panels with the saloon, and being completely built by Pininfarina in Italy rather than by Peugeot in France, it actually is a pretty unique piece of work and is recognized as a fitting coda to a multi-decade-long relationship between Peugeot and Pininfarina. Why on earth the management of Peugeot thought they could do better than the Italians is a question that is best left for another day, ideally to be contemplated while gazing at the ugly mug of the 407 Coupe that replaced the 406.
From the sublime to the ridiculous.
Surprisingly for the two-door allergic Sri Lankan market, half a dozen of them managed to turn up here, so occasionally seeing one on the road was always nice, which is when I realized that this car looks even better in the metal than it does in pictures, something to do with the surfacing and the details, I would guess. Anyway, despite the love I had for them, I didn’t really see myself getting one because I assumed there weren’t any good ones left, and anyway there were other cars higher on my bucket list. A friend of mine (Let’s call him J), was also a huge fan of the model and he had owned four of them over the years (two in the UK and two here), with this example being his latest purchase. I followed his cars with interest because he is a bit of a perfectionist and usually goes into great detail when sorting out his purchases (He keeps cars for even less time than I seem to).
This particular car actually was owned by the local agent for Peugeot and was driven by the chairman and a director for almost a decade, so it was pretty well cared for. It had then been purchased by someone who had barely any time to drive it, so the car had spent the past 7-8 years sitting still. J apparently got a very good deal on it and embarked on a recommissioning, which included a mechanical refresh and a respray of the original “Pulsar Yellow” paintwork. The major work was just getting wrapped up when J was suddenly informed that his residence visa to New Zealand, which had been in process for some time, had come through and he would need to get there by the end of 2022. Naturally, this meant he was looking to find a new keeper for the pug, in a bit of a hurry too.
Mid respray.
I had mentioned to him in passing that I might be interested when he was looking to move it on, so I was his first call on the subject. I wasn’t really considering taking on another car at that point, and said so to him. But he insisted that I at least drive the thing a bit, and even lent it to me for a weekend to use and see whether it would suit our requirements. It turned out to work well enough that my ambivalence turned into genuine interest, and we started talking numbers. He had originally planned to ask a very high price, and that was in fact the number that he indicated to other interested parties, but in the interests of wrapping things up, and because we were pretty good mates, he gave me a price that was significantly more reasonable and almost manageable. I countered with something a bit lower that I felt comfortable with and he accepted after a day of thinking it over. And with that, the Coupe came into my possession in November 2022. J had really done a pretty solid job with the sorting out, but a couple of issues did remain, which he disclosed prior to sale so that I was prepared.
Nice to look at from pretty much any angle.
The only somewhat major problem was the clutch, which was still the original and seemed to be on the way out. Early 406 models like this had a cable-operated clutch rather than a hydraulic one, and as the clutch wore out, the cable was put under increasing stress. Since there was no major drivability issue I figured that it would last a while, but of course, that came back to bite me in the rear end in a bumper-to-bumper traffic jam at 8 pm one Saturday night a couple of months after getting the car. I had been crawling in a really bad jam for about 20 minutes and noticed that the effort needed for the clutch seemed to be slowly increasing. I was just making a mental note to have that checked when a thought flashed into my mind “I hope the clutch isn’t going to go out”. Not two seconds later, the clutch went to the floor and the car stalled out. I found out just how heavy a 406 coupe was while trying to push it to the side of the road (1315 Kg, if you’re wondering)!
Luckily for me, a couple of passersby helped out and I managed to get it into a parking lot. The most unfortunate part of this was that I was literally 10 minutes from home, after driving over 150 kilometers that day without any problems whatsoever. Oh well, at least it didn’t break down way out in the sticks. Anyway, a friend who is in the breakdown recovery business lived fairly nearby, so he came over and managed to drive the car without the clutch over to his place, where it sat for a few days while I figured the clutch out. After a bit of investigating, it turned out to be the cable that had failed, so it was rebuilt with some extra reinforcement (the stock cable is apparently not built very well), and I ended up replacing the clutch kit as well so that it was all done in one go. There’s TONS of space underhood, so doing any work on it is quite simple.
There really is a lot of space under here.
Speaking of underhood, motivating the coupe is Peugeot’s 2.0-liter “XU” series four-cylinder motor, which was the base engine for the model. The upgrade was a 3.0 Liter V6 that is said to turn this into a proper mini Ferrari, but we unfortunately only got the four in our market. Conventional wisdom writes this off as “old” and prefers the V6 or the later generation fours fitted from 2000 onwards, but I haven’t found anything to complain about. It’s a DOHC, 16 Valve unit, and as such revs eagerly and moves the car along pretty well. It even sounds quite decent when given the spurs, and doesn’t get harsh or thrashy at the top end of the rev range. On paper figures are 135 bhp and 137 lb/ft, which certainly doesn’t sound like a lot, but French horses must be well fed or something because the car doesn’t ever feel slow and moves briskly enough to be fun when you step on it. The five-speed manual box is well matched to the engine’s power delivery, and has relatively low gearing so accelerating through the gears is urgent. If I wanted to nit-pick, I would say the shift action could be better, because the throw is long, but at least it doesn’t feel vague. I think the Miata forever spoiled me for every other manual gearbox.
But the real star of the dynamic show is the chassis, without a doubt. The 406 comes from a time when Peugeot chassis engineers were at the very top of their game when it came to ride/handling balance and it definitely shows, especially on roads like ours. The coupe remains composed and comfortable no matter what the surface is, enabling you to make serious pace without worrying too much about what the road is like. The ride is quite as soft as, say, a 404 or 505, but I can live with that because in return you get handling that is very buttoned down with excellent body control. I have yet to find a corner that needed serious slowing down for, and the car just flows through at whatever pace takes your fancy. On paper, figures might not be remarkable, but on a real-world winding road, this car is capable of keeping up with much faster machinery.
A pleasant driving environment, with room for actual human beings!
Also, unlike most coupes, the 406 is a genuinely practical proposition. Although it looks small in pictures, this is actually a pretty sizable machine, being 182 inches long and 70 inches wide. It shares the same wheelbase as the saloon/sedan, so passenger space is very good indeed. Four adults can easily fit comfortably, and remain comfortable over any length of journey, because this is a true four-seater, not just a 2+2. Getting into the back requires a bit of flexibility, and I still haven’t gotten around to attempting to fit the car seat back there, but it’s a lot easier to live with than you’d imagine. Since the mechanicals are totally identical to the four-door, parts availability hasn’t been much of a problem so far, and even the parts that may not be available new are still easily sourced from breakers in the UK and mainland Europe. There are a couple of electrical niggles and a slow drip of power steering fluid that currently need looking into, but nothing too urgent for the moment. I’ve been fortunate to get to know an old ex-agent-employed Peugeot mechanic who knows these models pretty well, so he’s been very helpful at keeping the car functioning at its best.
Like most euro cars, it also seems to thrive on being used so I’m doing my best to see that it gets as much use as possible. After some discussion at home, we decided that we only really needed one daily driver and the Forester does that job well for the moment. So the “secondary daily driver” space is going to remain empty once the current incumbent departs, which means I’ll be forced to use the pug more. I have a feeling that this will prove to be a better choice than leaving it as a garage ornament!
Credits for the photos to OctaneHeads Sri Lanka.
This not only “could be a Ferrari”, it almost was! Rumor has it that the 406 coupé was based on a Pininfarina proposal for a Ferrari that was rejected.
These are beautiful cars with a truly timeless design, an instant classic. Don’t know what they were smoking at Peugeot when they designed its successor, the 407 coupé, but it was extremely ugly by comparison. Actually, the entire 07-series were ugly cars.
There’s a lot of debate on that, and no one seems to be 100% certain one way or another of whether this design was originally supposed to be a Ferrari or not. Peugeot and Pininfarina did have a longstanding relationship, after all.
The mystery of the design choices for the Peugeot range after this period will probably keep us puzzled for the rest of time.
Wow, what a nice-looking Peugeot! You made the right choice in picking it up. 🙂
Thank you Aaron, it certainly is growing on me day by day.
They say jealousy is a curse – it is, because I am. You see, unfortunately, you made me look online.
Pre-pandemic, these could be found here in quite good condition for about $4K USD (1.2mill Sri Lankan rupee): now, about $16K+USD (5.2mill Sri Lankan rupee). Thing is, I was seriously contemplating a nearby one in 2018 – stupidly, didn’t take up offer of test drive – and was put off only by the auto (and that because French automatics have been fragile and weird-in-use, in my experience). And the Oz ones were all the pretty stonking V6, too, auto or manual. Bugger!
Enjoy it, Sajiv (he says, while secretly pulling an embittered face). Yours is a gorgeous example. The fact that it’s on the “ordinary” 406 chassis clothed in a knockout Pinin dress is just icing on icing, and makes it MORE desirable for me – as you say, Pugs up to this point in history reached quite a dynamic zenith, and personally, I’d rather have a superbly-controlled ride with decently-high levels of handling than a Ferrari’s ride anyway.
Exactly! I’m happy for Sajiv, of course, but having a hard time not picturing a 406 in my driveway. Alas, totally out of reach here in the States.
They certainly elevate any driveway, that’s for sure. Also, I believe the earliest examples are now legal for US import under the 25 year rule, are they not? Would make a nice change from the more common JDM or Euro imports.
Thank you justy, and I’m sorry to have stirred up feelings of envy. In return, I’m quite envious of the Aussie market having the rather lovely V6 engine available. I’m told it takes the car to a whole new level.
The values in Australia are quite surprising, I thought these were still regarded as cheap old cars in most places because they made quite a few of them. That certainly still seems to be the case in the UK, but even there prices seem to creeping up as the bad examples get scrapped.
It really does drive very well on real world roads, and is hugely rewarding in its own way!
What a stunner! From any angle my mind’s eye can’t redraw any of it to improvement. There really was nowhere to go but down.
But did it have to be -such- a dramatic down?
Ive noticed automakers sometimes refresh the look of an existing model with some of the style of an upcoming replacement. Like to help us with the transition or something. The bigger grille/mouthed 406 was a bad omen to what came next.
For me, no transitional changes were enough to blunt the eye-poke of the jarrringly different 407.
To my eyes, it seemed they had a lot of structural/safety boxes to check off, (those being admirable goals) but then forgot to style the thing.
But the 406, wow, chef’s kiss and all that.
It really is one of the best designs of the period, at any price point.
From what I’ve been able to understand, Peugeot wanted their in house styling for the 407 Coupe to be a clean break from the look that Pinin had made famous for them, and they wanted it to stand out as well. Unfortunately it ended up doing so for all the wrong reasons.
Very lovely car! Congratulations.
I’m not sure that back seat would work for me, but I’ve seen worse.
Thanks Paul, It’s a very enjoyable machine.
That picture is with the front seat slid back as far as it can go. When set to a more normal level there’s a fair bit more legroom. Of course it helps to be a bit on the shorter side, I guess.
If anyone is interested in seeing a few more arty photos of the Coupe, you can find them at this link:
https://web.facebook.com/OctaneHeads/posts/pfbid02PeMMZdytinZsxJHqFhxtXCvZxPyfQudJrtMEeKnCfxnHXg8rKBrgbSuAmxoFpakgl
Nice looking coupe – beautiful styling, and I like the combination of yellow body and a black interior. Sadly, Peugeot pulled out of North America in 1991, and Stellantis currently has no plans to re-introduce Peugeot. An old Pug is a rare sight here in Canada, but maybe a few will make it over as grey market imports. It would certainly be a treat to see and drive one of these. Oh well…a fellow can dream.
Thanks! It’s a bit of a shame they left the North American market just before their 90s resurgence, the “06” models were very solidly done cars and may have made some decent inroads. Then again, the 504 and 505 are considered to be supremely solid and reliable everywhere else in the world, but not really over there, so you never know.
When both were new, I thought the 406 Coupé was a kind of French counterpart to the Volvo C70 (Mk.I) Coupé. Couldn’t decide which I liked more, then.
Today, I think the handsome frenchman aged much better.
And the light yellow of the featured car works very well with the lines …
Such a yellow or an iceblue-metallic painted one for me, please.
The C70 was very much of it’s time, while the 406 seems to have more of a timeless look. As they get rarer, I believe they will become more desired.
Congratulations, it’s really wonderful, in the best colour in my opinion for this splendid car. I really love the 406 Coupè 🙂
Anyway most examples sold here (Italy) were 2.0 petrol or even 2.2 diesel when it was introduced, V6 were rare and later 2.2 petrol extremely rare.
Adding something about the design, I once saw a design story of the Fiat Coupè on a car design magazine that included a Pininfarina proposal that somehow recalled the 406 (just notably shorter), it was an early 90s sketch and it was penned by Lorenzo Ramaciotti IIRC.
Thank you very much, the Pulsar yellow really does make the car stand out more than more subtle colours in my opinion.
From what I understand, Pininfarina pitched for the Fiat Coupe design, in competition with Fiat Centro Stile. Fiat management ended up picking the rather more striking (by Chris Bangle) in house design but gave Pininfarina responsibility for producing them, hence the badge it wore.
It’s said that the losing Pininfarina concept was eventually developed into the 406 coupe after that by some sources.
Gorgeous looking coupes these, and one would look great in our driveway to keep our 308 and 508 company. They were sold new here in New Zealand, and there are still a few around (I passed one last week) so your friend will have been able to buy another one if he wanted to!
I think it would definitely match them well, you should get one! My friend feels he has owned enough of them for a lifetime and has moved on to more interesting things, NZ is car heaven like that!
Reminds me somewhat of the 1993 Mazda MX-6, a friend owned. Only, with a longer wheelbase, differing C-pillar, and more abbreviated tail, than the Mystere.
I am about to pick up a 406 1.8 manual saloon from 2002. Although sedans and outsold the coupe many times over, the two door predominates on the Danish used car market. Reason`? The sedans and only sedans are exported to N Africa. That leaves the residual coupés and the estate cars left. I can only say that the 406, in any guise, is a rather durable car akin to the Mercedes W-123 in banality and longevity.
I’ve been following your search with interest over on DTW, Richard and I’m glad you’ve found another 406 to replace your old one. Been giving some thought to finding a sedan as a beater myself.
Looking forward to reading about the new to you car!
I’ve called this the last good looking Peugeot Coupe here before now and stand by that. Looks like a nice example and the history is reassuring, so enjoy!
Thanks Roger, bit of a shame how badly they dropped the ball with the 407, but hey, that just makes the 406 more memorable!
I prefer the reliability of my second gen Scion Tc , certainly uglier with its angular shape but more practical with its hatch and with the many toyota dealers in which I never have to go.