Faults:

The rear brakes seized, and I had to drive home with the brakes on!

There was a major oil-leak from the gearbox, which became more apparent after it's first service, when it dumped half a liter of gearbox oil in the driveway.

The radiator was blocked causing overheating; this blockage was caused by the previous owner removing the thermostat and causing a loss of pressure in the radiator.

The head gasket blew in spectacular fashion in the middle of Sydney, I almost made it home, with steam pouring from the exhaust, but I decided to stop in case I did more damage. The repair bill was $2,800...it would have been cheaper to leave the car at the side of the road and walk away!!

General Comments:

Undoubtedly the most comfortable car I have ever driven, but it was past it's prime when I got it, not helped by sub-standard repairs by previous owners.

Comfy seats were very handy when waiting for the breakdown truck!

It was eventually sold to a gentleman who exported old Peugeot 504s and parts to 3rd world countries to use as taxicabs.