Last time Peugeots like the higher model PSV sold for $350 was something like three, four years ago. Since then, it's been much lower than that in this depressed market. More like $275 these days,
The PGN in the VGC being a step down model-wise might only expect around $250 max in most markets. Maybe if the economy gets better, these bikes will go up in value again, then, I might be more comfortable with the $300 quotes....
JMOs