Faults:

Had a few undisclosed issues when I took delivery (power steering inoperable due to leaks at pump and rack, radio not powering on, A/C compressor locked up, tires old and dry rotted), so I can't blame the car for any of that, and it all was reasonably easily sorted thanks to a few minutes spent sourcing parts suppliers here in the US during my 'homework' phase.

Beyond that, I've put 1,000 miles on the car and have enjoyed it very much.

General Comments:

I've always wanted a Peugeot 505, so finally this year I took the plunge and found a late wagon in my preferred color (Vallelunga Red over Charcoal velour). The seats are fantastic as everyone has stated here and elsewhere, and the car is very nice on the road with adequate power and returns reasonably good fuel economy. I do run premium in it, but I'm used to that having always driven European cars and presently having two 560SLs in the garage as well.

Parts can be tricky to obtain, but Peugeot Holm in Vermont has just about anything you may need at reasonable cost -- it's recommended that you purchase shop manuals (about $300 for a factory set) as there is little service information available online.

Overall, the car, to me, feels like a French made Volvo. I'm a Mercedes guy and replaced a W123 300TD wagon with the Pug, mainly because I've always wanted one, not because there was anything wrong with the Merc. I'll say that compared to a W123, the Pug feels flimsy, although they managed to make what is really a decently sized car feel about 1/3 its size on the road.

I enjoy driving it and I've had lots of inquisitive people ask me about it -- either because they haven't seen one on the road in 20 years, or because they've never seen one period.

All in all, I recommend you take the plunge. It's worth it. And no, you don't have to be a masochist.

Faults:

Alternator & starter failed shortly after I purchashed the auto.

Heated seats haven't worked since the day I bought her.

General Comments:

The seats are just the beginning of the amount of comfort this auto supplies.

A performer as well as a head turner. A lot of the time people will ask me - what kind of car is this?

The car could use more power, then again what couldn't.

Faults:

Fuel pump at 120,000 miles due to noise, not failure. Otherwise, just maint. type items, (tires, brakes, fluid changes).

General Comments:

Very quick and practical vehicle, reliable. Only draw back is Turbo version rides a little harsher than other models. Wish they still sold them in the US, would buy another if I could!