how could I not answer this Q when you picked the best, the most legal fun you can have, hot hatch of the century, my personal favourite and one I put through several hedges on rallies but always managed to find the exit gate.
I can't tell from pic but I think those are original 1.6 rims and in black the only other colour I'd have other than white. I don't normally go for white but in some it just suits the best and I had 1.6 & 1.9 in white but the black arches and rubbing strips and quarter trims made it stand out.
OK, enough, I think you get that I'm more than passionate about the 1/6 & 1/9 ti as they need no other intro and if you don't recognise the name go buy a Metro.
This is the ultimate machine, streaks ahead and better than any Golf. There that'll get the V-Dubbers ranting. I was never a Golf fan simply because it never gave what this machine gave, feedback, feedback and more feedback. You know when you are driving this car and it likes it.
You have one of the most desirable machines on 4 wheels and excellent examples are and will continue to fetch very big money. As with all classic cars your 2 main enemies are condition and budget.
I'll put it simply, that this car is worthy of being mint, inside, outside and underneath. If a respray is the only concern then yes it is very worth doing. If it needs other work, then think twice and then a little more.
You could get a respray for 1000 pounds, you wouldn't want it and it would ultimately ruin this beautiful machine.
Expect to pay from 4000 to 8000. I know, ouch, flaming Nora, you gotta be joking, I'm not.
Best way forward, join the Peugeot Owners Club. I don't like links so Google "Club Peugeot UK".
These nice, mad, inthusiastic people will tell you everything you will ever want to know about the Peugeot 205 GTi,