I noticed the fault the day after I picked the car up (Dec 2011) and I have not been able to rid myself of it since, it is very very intermittent.
I took it to a garage early 2012 when the throttle clip came off and was charged £50 diagnostics for nothing to flag up, only for me to drive half a mile before it came back on.
Okay so, last year to get it through the MOT I had Peugeot Planet diagnostics done on it which revealed it was the rear right ABS speed sensor.
I replaced the speed sensor and cleared all the fault codes with my PP2000.
It stayed off for about a week but then came up as soon as the key was turned (before setting off).
When I was replacing the sensor all the reluctor rings looked in tact. There is certainly no juddering under the brake pedal to even suggest it.
Fault is still very intermittent, sometimes it is upon start up, sometimes it is half a mile down the road, sometimes it's 20 miles later, sometimes it stays off for complete journeys and there seems to be no rhythm or reason as to when it comes on! (It seemed okay in the wet and worse in dry weathers, however recently it appears to have changed the other way round).
I am 99% convinced that although diagnostics still state the fault is with the Rear right sensor that it is some of the wiring to the sensor.
My next port of call was going to be completely eliminate the abs connection box which sits on top of the fuel tank, access is limited though and with an impending bump, fuel tank and soldering iron I don't know whether I can do this myself...
My question is this, are there any known faults within the 406 wiring that commonly break? Also wondering where the wire goes into the car or joins a loom or what ever?
I did notice that when I put the sensor in and connected the box up (near fuel tank) that I put some WD40 in the plug and maybe a week later is when that dried out?
Just speculating really as to be honest, this fault is really beginning to bug me! It's got to go through an MOT in May time and I will be only 4 weeks away from giving birth so what ever I need to do to sort this fault (if I can) I need to do soonish!
Thanks everyone
P.s if it helps, it's a 2001 (semi multiplexed) 406 estate. It's a 2.0 petrol