What Peugeot is this? Is it worth it?
 

What Peugeot is this? And is it worth it to take it on as a project?

I'd pay no more than 25$ but some people would pay 75-150 depending on how gullible they are.

I would just upgrade the parts and the frame.

Not worth much, but should be able to make a good rider out of it for very little $$ (if you do all the work yourself). If you are not ready/able to do the work yourself, then sell it as a project on C/L. There are many buyers out there for any Peugeot, even the low end ones.

It's always good to post a driveside photo so we can see the cranks and derailleurs. If it has a non-cottered crank, it is much better upgrade material. However, I've restored two with cottered cranks, and I've got a third in progress.

Check out his first picture, that is a cottered crank. This a in the lower-end family of Peugs, descendent from the UO-8 of bike-boom fame. Some love them, some hate them. If you're in a college town, you should be able to sell it in the $125+ range if you make it run well and look pretty. Here in Ann Arbor vintage mid-range steel like the UO-8 are selling as campus get-arounders.

To answer the OP question - its a "UO8" , and yes I would take it on as a project !

Why stop there?

~kn

I took this one on as a project. I think it came out good and it rides nice. It'll make a decent commuter.

~kn

I LIKE IT!! It's a U08 Peugeot early 70's. The 60's have a little jazzier work on the lugs. Peugeot sold a ton of them in white, blue, green, yellow...ummm..I know I've seen red in ladies bike but not mens. Nice example of early Peugeot for you collection.

I want one just like it. The yellow color...thats my favorite...and while I wouldn't call it rare...you don't see many of that color. See a ton of whites.

That Peugeot bike is what got me into bikes like I am now. HOOKED!!

A guy here in Houston has one exactly like it listed in CL and wanted $220 for it...then he went to 250...then to 180...now he is at 130. Rent is due I guess. It even has a Brooks saddle on it...aged but in good enough codition.

The guys are right...sometimes they prolly have connections to get them for 25 bucks.

I say fix it up...and keep my info..I might buy it someday if you want to get rid of it. I do want a yellow one in my collection. Like I said....IIIIII LIKE IT!

didn't they change the model name when they went away from the "stepped wings" head tube lugs?

Test build the bike...
 

It is worth fixing up? Absolutely but do not spend one cent that you don't have to. Test build the bike. In other words, get it ready for the road and try riding it. Don't waste a lot of time or money making it cosmetically perfect. Just get it into safe running condition and then, if it is a decent fit for you body size, ride it around for a week or two - perhaps even for the rest of the riding season.

With the bike test built and ridden, you will be in a better position to decide if it is worth your time, effort and cash to restore/refurbish. My guess is that you will like the bicycle and the way that it rides unless you start comparing ride to higher end machines.

And as for value, who cares at this point? It will be worth more complete and running. In closing, I agree with some of the comments voiced by others regarding value - $100.00 to $200.00. But that is just a guess. Final value depends entirely on the person who wants to buy the bike and I have sold newer Peugeot UO8 mounts, like this blue one, for over three hundred dollars.

There is such a thing as overdoing it.

This is perfect: make it work and see if you like it. Then you'll know if it's worthwhile for you. Then you'll be able to decide if it's a keeper or a flipper.

I agree 100% with umpire.

My story is the same.

Last year I blew my ACL and couldnt play soccer and hockey no more. I picked up cycling buying a decent '07 roadie. Then I had knee surgery on august 23 '08. just about one year ago now. I joined my schools cycling team a week after surgery and was riding with them 3 weeks later. During recovery I got into vintage and restoring bikes. Build my first one for my gfs birthday in mid september and then recieved 2 free bikes from a friends mom. one of them was the same yellow Peugeot UO-8!! I restored it ... rode it... used it.... and now i've moved on selling it for 150 to make room for higher end projects...\

IM HOOKED NOW TOO...