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 S
Peugeot 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
Sales Location
251 Ash Road
Aldershot, HampshireGU12 4DD
Phone: 01252 939 307
Monday
8:30 AM - 5:00 PM
Tuesday
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Wednesday
8:30 AM - 5:00 PM
Thursday
8:30 AM - 5:00 PM
Friday
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Sunday
Closed
Serving Aldershot, Camberley, Guildford, Woking & the surrounding area with new and used Peugeots
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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
£13,592.00
13.4% (fixed)
60 Months
13.4%
Personal Contract Purchase (PCP)
£191.02
£1,030.00
£0
£10,304.00
£9,274.00
£3,519.47
£13,718.43
13.4% (fixed)
48 Months
8000
£0.12
13.4%
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.
Introduction: My name is Frankie Dare, I am a funny, beautiful, proud, fair, pleasant, cheerful, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.
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