Peugeot 208 proves to be Depreciation Buster in new study (2024)

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Peugeot 208 proves to be Depreciation Buster in new study (21)

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Peugeot 208 proves to be Depreciation Buster in new study (22)We all know that the Peugeot 208 is an exciting car. With a bold new design and technological innovations including a clever touchscreen system it is perhaps the beginning of a bold new step forward by the iconic French manufacturer.

However, buying a new car brings up an elephant in the room with regards to how much they depreciate. Many drivers choose to buy used to avoid the extreme depreciation of many cars.
Depreciation is the level at which a car drops in value after being sold as new. With some cars dropping like a stone such as many Porsches and Range Rovers, do you know how much your car really will cost you over three years?

The Sunday Times showed highlighted four facets of car ownership to consider: Service & Maintenance, Depreciation, Fuel Costs, Road Tax and Insurance.

Comparing the Peugeot 208 1.0 VTi Access directly with a competitor (the Volkswagen Polo 1.2 60 S) results in the Peugeot saving the driver (on average) of £1,551. Not only is the VW Polo more expensive, it has a steeper rate of depreciation, higher fuel costs and road tax expenditure each and every year.

The Peugeot 208 1.0 VTi Access comes with no road tax, much lower depreciation and greater fuel economy. Ensure that your next new car purchase is considered carefully. The Peugeot 208 1.0 VTi Access is one of the country’s best depreciating models and when stacked up against the competition, it beats it on value, running costs, fuel economy and above all style.

Breaking Down the figures
VW Polo 1.2 60 SPeugeot 208 1.0 VTi Access
Price:£10,595£9,940
Service & Maintenance:£635£839
Depreciation:£6,570£5,940
Fuel Costs:£4,203£3,288
Road Tax:£210£0
Insurance:£1500£1500
Overall Cost (Over 3 years):£13,118£11,567

When choosing the impressive Peugeot 208 1.0 VTi Access over the VW Polo 1.2 60 S, you’ll save a total of £1,551.

This data is sourced from a Cap Automotive survey via The Sunday times. The original article can be found here.

Have a discussion with one of our professionally trained team to discover how much the Peugeot 208 1.0 Access can save you.

Call us on 0844 247 0815 or visit our showroom today

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For the Peugeot 208

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Aldershot, Hampshire GU12 4DD

Phone: 01252 939 307

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Latest News

Peugeot 208 proves to be Depreciation Buster in new study (26)

16 Feb

Peugeot introduces ChatGPT to bring AI to their vehicles

Peugeot UK recently announced that they're bringing ChatGPT to their i-co*ckpit allowing a more interactive and intuitive experience when driving.

Peugeot 208 proves to be Depreciation Buster in new study (27)

07 Dec

Christmas Jumper Day 2023

As part of our ongoing commitment to supporting worthwhile charities, Thursday 7th December was Christmas Jumper Day 2023.

Peugeot 208 proves to be Depreciation Buster in new study (28)

26 Oct

Peugeot reveals new van range for 2024

Peugeot recently announced the new van range coming to Charters in 2024. With redesigned exteriors and interiors, as well as a bigger focus on all-electric motoring

Peugeot 208 proves to be Depreciation Buster in new study (29)

12 Sep

New Peugeot E-3008 SUV Coming Soon

The future of SUV driving is coming very soon as Peugeot introduces the E-3008 SUV: a bold new step into their automotive electrification initiative.

Peugeot 208 proves to be Depreciation Buster in new study (30)

06 Sep

All-electric Peugeot E-308 open for orders

Today we announced that the E-308 hatchback is now available to order and manufacturing has already started.

Peugeot 208 proves to be Depreciation Buster in new study (31)

06 Sep

ULEZ Changes: Are you ready?

ULEZ Changes are now enforced in all London boroughs from 29th August 2023. Drivers of non-compliant vehicles are now expected to pay £12.50 per day for driving within these districts.

Peugeot 208 proves to be Depreciation Buster in new study (32)

06 Jul

Peugeot updates the best-selling car in Europe: New Peugeot 208

Peugeot updates the best-selling car in Europe. Introducing the New Peugeot 208. Available to order from October 2023 from Charters Peugeot of Aldershot

Peugeot 208 proves to be Depreciation Buster in new study (33)

28 Jun

Charters wins fifth Guild of Gold Lion Award for 2022

We are delighted to announce that our committed team at Charters Peugeot of Aldershot have been awarded their fifth Guild of Gold Lion award for customer service and excellence.

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Get a quick valuation at Charters towards your next car

REPRESENTATIVE EXAMPLE

Hire Purchase (HP)£209.21£1,030.00£0.00£10,304.00£9,274.00£0.00£13,592.0013.4% (fixed)60 Months13.4%
Personal Contract Purchase (PCP)£191.02£1,030.00£0£10,304.00£9,274.00£3,519.47£13,718.4313.4% (fixed)48 Months8000£0.1213.4%

FINANCIAL DISCLOSURE
Charters of Aldershot Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender.

We can introduce you to a limited number of finance providers. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered.

All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required.

Personal Contract Purchase: *At the end of the agreement there are 3 options: (i) Renew: Part exchange the vehicle. (ii) Retain: Pay the Optional Final Payment to own the vehicle or (iii) Return the vehicle. Further charges may be made subject to the condition or mileage of the vehicle.


Peugeot 208 proves to be Depreciation Buster in new study (2024)

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