Well - I had 505 for a week now an here's how we're getting on together. It was described in the add as "well maintained by two enthusiast owners" so I guess someone must have crept up in the middle of the night and fitted the 4 chinese tyres!
A couple of niggles;
cruise doesn't appear to work.
the battery light flickers on for a fraction of a second very regularly.
tyres lose air (see above!)
So how is it as a car. Well first off, very seriously underpowered actually. On the autobahn I've given up trying to be fast. Constantly moving over to let diesel A6s, A-classes (!!!) Meganes etc past. Loads of noise but no guts. Even floored between 4000 and 6000 revs it doesn't seem to have much muscle. Seems to lose it's compose over 120mph. Maybe the cheap tyres, so I'll wait for the new tyres.
But... on winding A roads it's very good - would probably be even better with real tyres on it. It handles beautifully and is a lot of fun.
For all those who get upset every time a 260 gets scrapped - get used to it. From experience, about 20% will survive and that's a high survival rate for modern cars. Once they go under 2000 quid, they'll be bought for their V8 engines and Tremec transmissions. Look at the SD1 / Vitesse and Vitesse Twin Plenium survival rates. Mostly gone, robbed of their engines. Just have to hope no one develops a kit car using the 260 as a doner!
Ed