PCH, Turbo Offenhauser Euro Sedan Edition: Peugeot 404 or Rover 2000?

I admit it- after finding the '60 Peugeot 403 near my house, I've been searching for a French car project to call my own (this in spite of having been the owner of a sadistically unreliable Peugeot 504 in the past). Thing is, the old Peugeots have something of a power deficit, and it just seems wrong to take the easy way out by doing a Japanese drivetrain transplant. Then Vintage Racer found this genuine Offenhauser turbo engine. Now we're talking! The Offy is a torque monster of a four-banger, with pistons the size of gallon paint cans and a racing history nothing else can touch, and it would be just the powerplant for this '68 Peugeot 404 sedan... which is priced at approximately 1/25th the price of the engine. This 404 gets PCH points for the classic statement "Ran when parked" and the inclusion of a parts car in the deal. You'll need to deal with the transmission and rear end issue, of course, and we suspect the Pug's frame might not really be up to Offy-style twistage... but imagine the looks of awe you'll get as you cruise your town's main drag with the sound of a 30s Indy racer bellowing from your little French sedan.

Did I mention that the engine here was "Overhauled many years ago, not run since?" No? Hey, when you get the impossible-to-find vintage turbo intake and exhaust components as part of the $21,500 deal, you can't complain- you'll sort it out! And you'll definitely be motivated to do so every time you look in your garage... because you'll see that amazing engine sitting on the concrete right next to this '65 Rover 2000 sedan. We don't know how much the seller wants for it, but it's a safe assumption that he or she hasn't exactly been overwhelmed by offers so far, in spite of the fact that it's "all origional, paint is ever pritty good." You can sell the engine (which the seller claims has "less than 8000miles on it since rebuild") to defray, oh, 0.03% of the cost of the Offy, and recline in that fine, fine Rover seat and dream of the day when you own the only Offenhauser-powered Rover sedan in your time zone.