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The light is telling you there is a problem with the engine. Check the oil and coolant to make sure it’s not something simple; if there’s no problem there take it to a Peugeot dealer or a mechanic for a diagnostic check.
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If the body repairs are done well and are not clearly visible the affect on a car's value is minimal, but it does depend on how rare the car is. If a car is very rare it will have little affect, but if a car isn't so rare it is likely to have a greater affect. The cars you list aren't terribly old and they are still relatively common in classic terms, so I would be buying the car in the best condition possible. I would be very careful about buying the cars you list, as I reckon you'll be waiting a long time for the values to appreciate substantially.
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* Price is based on Glass's Information Services third party pricing data for the lowest priced Peugeot 205 variant.
The Price excludes costs such as stamp duty, other government charges and options.Disclaimer: Glass's Information Services (GIS) and CarsGuide Autotrader Media Solutions Pty Ltd. (CarsGuide) provide this information based on data from a range of sources including third parties. Whilst all care has been taken to ensure its accuracy and reliability, GIS and CarsGuide do not warrant or represent that the information is accurate, reliable, complete, current or suitable for any particular purpose. You should not use or rely upon this information without conducting an independent assessment and valuation of the vehicle.
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