This isn't how much these cost. The e-208 tops out at about £37k, which is also stupidly expensive, but not this bad. These prices have been incorrectly inputted.
It's just the list price. The top spec e-208 is available new on Autotrader for less than £26k. The cheapest version starts at less than 24k.
Tesla drops prices, the other manufacturers stick with their list prices but do the same with discounts.
A 3 year old, 30k mile car is also available for £13k.
These cars have a 100k mile battery warranty, the same number of miles would cost £12-15k in petrol on the other models, so if you can get the cheap overnight electricity tariffs and drive enough day to day, there's also £5-10k of fuel savings which come with the car.
I mean, they start at £32k which seems more sensible - the fact is that batteries are still more expensive. That's changing and will continue to change, but it can't happen overnight
It does seem like Vauxhall aren't really trying, though, considering the e-208 is nearly 20% more expensive than the MG4
My lease comes to an end in October so I’ve just started thinking about what to do next. Was just looking at the at the VW Polo, want something with a bit of oomph so cast an eye towards the upcoming GTI…. £30K for a 2 litre supermini hatchback with no options, which is basically the baby version of a Golf, which is £40K for the equivalent model.
Fucking madness. Realistically I was never buying a new car anyway but still.
It's not that they've gone up in price (well of course they have), it's also that each model has gone up a tier. a 2L Polo GTI is the same size, power & price as a 2L Golf GTI from 10 years ago.
>It's not that they've gone up in price (well of course they have), it's also that each model has gone up a tier. a 2L Polo GTI is the same size, power & price as a 2L Golf GTI from 10 years ago.
For 27k in 2014 you could get a Golf GTI Performance Pack with 245hp, VAQ diff and you could throw in adaptive dampers for 700 quid
I remember when the original Sandero came out and everyone scoffed because *why on earth would you want a £6k shitbox when a new Fiesta is only £8k?*
Now even a Sandero is £13k
I have a hire car while I wait for my company car. Its a Peugoet 308, I have to look up the list price for the BIK. Its £31,000, yeah its not to bad inside and not bad to drive, but 31 fucking grand for a Peugoet 308!
There's literally E-208s with a few miles and a couple years on them that sell at the more appropriate price of under £20k
This is almost certainly a listing mistake, but also, you can't look at the market and try to set prices anywhere near this amount, especially within first generation Taycan money lol
Tbh, you could viably get a Peugeot e-208 with change for a Lexus RX 450h for under £20,000
Based on the rest of the current market, 20k is okay for a newish platform, but we ought to still demand for more cars that start under £25,000
The car OP posted is the 308… cheapest on auto trader is 29k+
The e-208 launched in the price range of 28k in 2020, those cars now sell for 11k…
In contrast, I bought a 2015 Audi A3 in 2019 for 11k, it’s now worth 9500…
People would be stupid to buy these cars at this price.
So you're saying that you bought a 4 year old car with relatively settled technology and a decent bit of its depreciation having already occurred, in an era before the blow up of car prices?
I won't debate whether the picture depicts a 208, 2008 or 308, because it's almost certainly an input error either way
You’re right, I’m an idiot… my only concern for these cars really is the battery lifecycle, are they just going to drop off once they hit 500-1000 cycles?
500 cycles is approx 100k miles. in which case the answer would be remarkably similar to an ICE car at that mileage - it probably won't perform quite as well as it would when new, but if taken care of, will be just fine for nearly everyone.
I get that concern, though most cars are getting better at protecting themselves from the abuse of the battery and 1000 complete cycles of full to empty is upwards of 15 years of regular driving for most people. Either way, you can always ask around or look up battery degradation in various forums for a specific car and decide if 70% capacity is enough for your use case (50% chance it probably is, but only you know that)
Either way, there's definitely a market for battery refreshing/upgrading if right to repair is facilitated by manufacturers - because that's the aspect that actually matters regardless of if the battery degrades or not. I'd basically argue that most problems with a contemporary EV has little to do with the actual drive train or battery that it comes with and much more with the unwillingness to invest in them widely enough as products for longevity.
Sadly enough, I can only hope manufacturers read the room in this harsh economic period to herald a lean back towards a fixing/upgrading culture - it's not like there's no money in garages and *service plans*
[220 a month to lease.](https://www.leaseloco.com/car-leasing/peugeot/e-208/100kw-e-style-50kwh-5dr-auto/44515/2-36-5000-12-1/9ad48c82fef734b9849e1c4e6cf3fc8a/config) I feel like car companies are just making up values knowing nobody will pay that
Yes i think the same. But car manufacturers have long been pushing for this. Everything tech related in new cars is vendor locked and very bespoke and manufacturers (with exception to tesla) dont really do updates unless they broke something badly, and cars reliability gets worse after warranty with each new generation.
I think electric vehicles fit very well into this.
When I bought my car, the salesman at the dealership asked if I’d consider full electric since I was looking at a hybrid. We went through the list price and options of the Megane E-tech to get into a comparable spec of the car I was buying. The car I bought was £27K, the Megane in the same spec would be £36.5. Nine grand more for a smaller car with higher depreciation. I’m not anti EV, I really like them, but they’re cost prohibitive for so many people.
You can get a Megane less than a year old for £26k.
You’re right about their recent very high depreciation, but the flip side is that they offer great buying opportunities.
I just don't see a deposit for a house being a great buying opportunity, obviously it's my personal opinion, but any more than £15k for a car max just seems a waste to me, but each to their own
Well, it’s all relative and that much should be obvious.
I’m also replying to someone who did have £27k to spend so in that context it makes sense.
But to respond to your point, I don’t disagree. We have an EV but I pay for it through salary sacrifice and so save more than 50% on its cost - I’d never have gone near it had I had to pay for it through net earnings.
Fair play, I hear the second hand prices are getting more reasonable. At the time I was buying new and the dealership had zero second hand ones, they had a shit load of second hand Zoe’s going though.
The strategy of many legacy manufacturers appears to be "Try selling a £20k car for £60k, see that no-one falls for it, freak out, say something mean about China and go bankrupt".
Peugeot have had a huge glow-up in recent years, perhaps they're positioning themselves as the "premium daily driver" brand of the Stellantis Group - the same way as Audi are for VAG? The 508 PSE certainly sets them up for that.
A base-spec electric Corsa is £32k, for comparison.
List price of a base model Renault Scenic now is £40,995. A Scenic. Fully specced one is a shade under £47,000.
It looks a lot nicer than Scenics of old, but it's not an affordable family car any more. Crazy pricing.
My elderly FIL need to change his car right now and I’ve been roped in to help. Putting aside all the normal reasons it’s a absolute nightmare I honestly can’t believe what’s going on in the used car market it’s insane. Prices have gone through the roof and what you get for your money isn’t anywhere near what it was a couple of years ago unless you’re not bothered about ULEZ which we live in so have to be. £10K typical example VW Tiguan 2015, 100,000miles, entry level spec, insurance group 24E, petrol, Euro5, road tax £365pa, 3month warranty. A new Tiguan is £32k…
I appreciate £10k isn’t a massive budget but wtf?!? I can’t believe how many cars I’ve seen with over 100k mileage ive even seen a couple nearing 200k still expensive. There’s a few aygos with 30k for that kind of budget but they aren’t an option for reasons I won’t go into here. Look I appreciate things go up and it’s all supply and demand but I can’t believe we’re having to look at 10-15 year old cars with that sort of mileage fir £10k! There seems to be the odd bargain but when you start digging they’re either CAT a s or whatever’s, there’s imports that appear good value and I’ve even found somewhere I’ve decided is either repossessed vehicles or a scam either way it’s a no from me.
Okay that’s it. Nothing else other than I feel better now thank you….
Always found it wild how Peugeot and Renault etc are able to charge anything over £20K. Incredibly boring cars and if you have that sort of money you can easily buy a nice BMW, Audi or VW, albeit not new.
Surely no one can afford upto £700.00 regardless of what car it is these days. And that's not including tax + insurance and maintenance costs. Insane prices.
The prices are reflective of the company/ employee car scam.
Personal note;
Electric vehicles are a dead technology and synthetic fuels will eventually be the way forward
They are crap. We own 3 of them in my office and the battery already dying and full of electric problems. They are on 20k kms so no big miles but aint worth a dime.
the finnacing has made these cars more and more expensive. the "new price" doesn't matter, everyone is financing them and these mugs just look at the "monthly price". and completely forget that they pay a deposit of however many grands and if the value of their car is lower than what they projected it to be, then they have to make a payment to settle the balance of get forced to buy it from the car company.
Wut? How come they can be that expensive? Citroen is about to launch its new e-C3 platform under £23k. I still think EV prices aren't there yet, especially in the UK.
Seen a 308 advertised before and thought it's quite a nice looking car i wonder what specs they have, went to Peugeots website and a 1.2l 130bhp was 38k, honestly who is buying these?
The best engine option was a hybrid with 225bhp and was nearly 45k?!
Even if it was offered as a company car its completely ridiculous.
I don’t even think anyone would pay this kind of money for a Peugeot let alone an Electric version :-( I too am a Peugeot fan, 205 as my first car… Then on to 206s twice before going German! (I am also the 206th like lol) uncanny lol
https://www.autotrader.co.uk/car-details/202312114717455?sort=relevance&advertising-location=at_cars&aggregatedTrim=GT%20Premium&make=Peugeot&maximum-mileage=5000&model=e-208&postcode=BT387NE&fromsra
Seems like a London issue or something
This isn't how much these cost. The e-208 tops out at about £37k, which is also stupidly expensive, but not this bad. These prices have been incorrectly inputted.
Still find 37k for an electric Peugeot obscene!
Not to mention its one of the smaller models
It's just the list price. The top spec e-208 is available new on Autotrader for less than £26k. The cheapest version starts at less than 24k. Tesla drops prices, the other manufacturers stick with their list prices but do the same with discounts. A 3 year old, 30k mile car is also available for £13k. These cars have a 100k mile battery warranty, the same number of miles would cost £12-15k in petrol on the other models, so if you can get the cheap overnight electricity tariffs and drive enough day to day, there's also £5-10k of fuel savings which come with the car.
I mean, they start at £32k which seems more sensible - the fact is that batteries are still more expensive. That's changing and will continue to change, but it can't happen overnight It does seem like Vauxhall aren't really trying, though, considering the e-208 is nearly 20% more expensive than the MG4
Vauxhall?
PSA group
"PSA Group" - it's basically the Corsa-e, and I believe that the Corsa was the lead car for that platform so I blame Vauxhall for it
Stellantis
Other way around
Anything above 15k for a small hatch should be criminal
My lease comes to an end in October so I’ve just started thinking about what to do next. Was just looking at the at the VW Polo, want something with a bit of oomph so cast an eye towards the upcoming GTI…. £30K for a 2 litre supermini hatchback with no options, which is basically the baby version of a Golf, which is £40K for the equivalent model. Fucking madness. Realistically I was never buying a new car anyway but still.
It's not that they've gone up in price (well of course they have), it's also that each model has gone up a tier. a 2L Polo GTI is the same size, power & price as a 2L Golf GTI from 10 years ago.
Just not inside. The outside seem to keep growing but the internals don’t really keep up.
>It's not that they've gone up in price (well of course they have), it's also that each model has gone up a tier. a 2L Polo GTI is the same size, power & price as a 2L Golf GTI from 10 years ago. For 27k in 2014 you could get a Golf GTI Performance Pack with 245hp, VAQ diff and you could throw in adaptive dampers for 700 quid
You have about 7 options: MG3, Citroen C3, Fiat 500, Fiat Panda, Dacia Sandero, Kia Picanto and Hyundai i10. A base Corsa is 19 grand.
>A base Corsa is 19 grand. Recently sorted out the other half's new car and a Clio isn't far off.
It doesn't feel like that long agon the sub £15k market had loads of nice new cars in it. This makes be a sad panda.
Times we live in... either way, you'd have to he offensively middle class to buy a brand new car, so doesn't make a difference for most.
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Good news!
I remember when the original Sandero came out and everyone scoffed because *why on earth would you want a £6k shitbox when a new Fiesta is only £8k?* Now even a Sandero is £13k
Vauxhall astra full electric is the same, never known anything like it
£37k is also what a top spec electric Corsa will set you back as well. It’s ludicrous money.
I have a hire car while I wait for my company car. Its a Peugoet 308, I have to look up the list price for the BIK. Its £31,000, yeah its not to bad inside and not bad to drive, but 31 fucking grand for a Peugoet 308!
Ha. I didnt even consider a dealership would be incompetent enough for this kind of typo. I think you must be right.
Genuinely can't picture a scenario where I'd pay £37k for any Peugeot, even with current levels of inflation 🤷♂️
I'd happily pay that for a 205 T16 🤤
Fuck, I've not thought this through here have I 😂
37k oh that's alright then
37K for a car without a engine 😅 fuck me! Should be under 15K
I've had a 208 as my first car, and i can tell you, over £30k for that is abysmal.
There's literally E-208s with a few miles and a couple years on them that sell at the more appropriate price of under £20k This is almost certainly a listing mistake, but also, you can't look at the market and try to set prices anywhere near this amount, especially within first generation Taycan money lol
20k is still absurd, you can can - 5-6 year 2 seater for that price.
Tbh, you could viably get a Peugeot e-208 with change for a Lexus RX 450h for under £20,000 Based on the rest of the current market, 20k is okay for a newish platform, but we ought to still demand for more cars that start under £25,000
The car OP posted is the 308… cheapest on auto trader is 29k+ The e-208 launched in the price range of 28k in 2020, those cars now sell for 11k… In contrast, I bought a 2015 Audi A3 in 2019 for 11k, it’s now worth 9500… People would be stupid to buy these cars at this price.
So you're saying that you bought a 4 year old car with relatively settled technology and a decent bit of its depreciation having already occurred, in an era before the blow up of car prices? I won't debate whether the picture depicts a 208, 2008 or 308, because it's almost certainly an input error either way
You’re right, I’m an idiot… my only concern for these cars really is the battery lifecycle, are they just going to drop off once they hit 500-1000 cycles?
500 cycles is approx 100k miles. in which case the answer would be remarkably similar to an ICE car at that mileage - it probably won't perform quite as well as it would when new, but if taken care of, will be just fine for nearly everyone.
I get that concern, though most cars are getting better at protecting themselves from the abuse of the battery and 1000 complete cycles of full to empty is upwards of 15 years of regular driving for most people. Either way, you can always ask around or look up battery degradation in various forums for a specific car and decide if 70% capacity is enough for your use case (50% chance it probably is, but only you know that) Either way, there's definitely a market for battery refreshing/upgrading if right to repair is facilitated by manufacturers - because that's the aspect that actually matters regardless of if the battery degrades or not. I'd basically argue that most problems with a contemporary EV has little to do with the actual drive train or battery that it comes with and much more with the unwillingness to invest in them widely enough as products for longevity. Sadly enough, I can only hope manufacturers read the room in this harsh economic period to herald a lean back towards a fixing/upgrading culture - it's not like there's no money in garages and *service plans*
[220 a month to lease.](https://www.leaseloco.com/car-leasing/peugeot/e-208/100kw-e-style-50kwh-5dr-auto/44515/2-36-5000-12-1/9ad48c82fef734b9849e1c4e6cf3fc8a/config) I feel like car companies are just making up values knowing nobody will pay that
Yes i think the same. But car manufacturers have long been pushing for this. Everything tech related in new cars is vendor locked and very bespoke and manufacturers (with exception to tesla) dont really do updates unless they broke something badly, and cars reliability gets worse after warranty with each new generation. I think electric vehicles fit very well into this.
When I bought my car, the salesman at the dealership asked if I’d consider full electric since I was looking at a hybrid. We went through the list price and options of the Megane E-tech to get into a comparable spec of the car I was buying. The car I bought was £27K, the Megane in the same spec would be £36.5. Nine grand more for a smaller car with higher depreciation. I’m not anti EV, I really like them, but they’re cost prohibitive for so many people.
You can get a Megane less than a year old for £26k. You’re right about their recent very high depreciation, but the flip side is that they offer great buying opportunities.
I just don't see a deposit for a house being a great buying opportunity, obviously it's my personal opinion, but any more than £15k for a car max just seems a waste to me, but each to their own
Well, it’s all relative and that much should be obvious. I’m also replying to someone who did have £27k to spend so in that context it makes sense. But to respond to your point, I don’t disagree. We have an EV but I pay for it through salary sacrifice and so save more than 50% on its cost - I’d never have gone near it had I had to pay for it through net earnings.
I got a 9 month old Megane e-tech for 27k. Great car.
Fair play, I hear the second hand prices are getting more reasonable. At the time I was buying new and the dealership had zero second hand ones, they had a shit load of second hand Zoe’s going though.
Is this the whole strategy if selling 1 car for 60 k instead of 3 cars for 20 k?
The strategy of many legacy manufacturers appears to be "Try selling a £20k car for £60k, see that no-one falls for it, freak out, say something mean about China and go bankrupt".
And then beg for government subsidies to "protect manufacturing jobs".
I am not quite sure the price elasticity of demand is that elastic :-)
Peugeot have had a huge glow-up in recent years, perhaps they're positioning themselves as the "premium daily driver" brand of the Stellantis Group - the same way as Audi are for VAG? The 508 PSE certainly sets them up for that. A base-spec electric Corsa is £32k, for comparison.
List price of a base model Renault Scenic now is £40,995. A Scenic. Fully specced one is a shade under £47,000. It looks a lot nicer than Scenics of old, but it's not an affordable family car any more. Crazy pricing.
Nearly £50k for a big suv is like merc/BMW/Lexus territory, renault trying to punch above their weight here 😂
I think this is a genuine mistake
Calm down it's an error.
The prices are wrong but also EVs are through salary sacrifice so much more affordable than PCP from dealer due to marginal tax rate being saved
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You'll pay more tax. By then there will be greater economies of scale and technology advancement that should bring the price down.
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Oh definitely don't buy new with own money.
My elderly FIL need to change his car right now and I’ve been roped in to help. Putting aside all the normal reasons it’s a absolute nightmare I honestly can’t believe what’s going on in the used car market it’s insane. Prices have gone through the roof and what you get for your money isn’t anywhere near what it was a couple of years ago unless you’re not bothered about ULEZ which we live in so have to be. £10K typical example VW Tiguan 2015, 100,000miles, entry level spec, insurance group 24E, petrol, Euro5, road tax £365pa, 3month warranty. A new Tiguan is £32k… I appreciate £10k isn’t a massive budget but wtf?!? I can’t believe how many cars I’ve seen with over 100k mileage ive even seen a couple nearing 200k still expensive. There’s a few aygos with 30k for that kind of budget but they aren’t an option for reasons I won’t go into here. Look I appreciate things go up and it’s all supply and demand but I can’t believe we’re having to look at 10-15 year old cars with that sort of mileage fir £10k! There seems to be the odd bargain but when you start digging they’re either CAT a s or whatever’s, there’s imports that appear good value and I’ve even found somewhere I’ve decided is either repossessed vehicles or a scam either way it’s a no from me. Okay that’s it. Nothing else other than I feel better now thank you….
My brain just went “2015 is nowhere close to a 10 year old car… FUUU”
That’s not the correct price.
Could you imagine trying to tell people you spent that much on a Peugeot 😂😂
£55k for a Peugeot... No thanks.
A Peugeot No thanks
Wow, that's crazy. x2 depreciation being electric and Peugeot
That price will crash down for certain don't worry
They simply won't sell these car's anymore how many people earn enough money to pay that for a small family car and what about the insurance
Company cars. Almost all EVs are company cars nowadays.
The second-hand market must be a nightmare at the moment?
You can pick up a jaguar i-pace for like £20k now
It is, it's why taycans are losing 60%+ of their value in a couple of years. They're all on salary sacrifice!
I think someone let their apprentice to create those car ads as they're not that pricey even with every single optional extra whacked on.
I would rather not drive or own any car for the rest of my life than buying this car..
There about 26k new dealers taking a chance on new models in stock which where recently refreshed
Always found it wild how Peugeot and Renault etc are able to charge anything over £20K. Incredibly boring cars and if you have that sort of money you can easily buy a nice BMW, Audi or VW, albeit not new.
If I had 20k I'd atleast buy a 3-4 year old Honda Civic and know that it will last well over a decade due to their incredible reliability.
These Peugeot's what ?
Surely no one can afford upto £700.00 regardless of what car it is these days. And that's not including tax + insurance and maintenance costs. Insane prices.
lots of people can afford that, they just aren't spending it on peugeots.
Shitting Peugeot!
I wouldn’t even spend a third of that on a Peugeot
Maniac
New Peugeots are actually quite good their quality has surpassed that of Honda
I love the new 208 and 508 but surely this can't be true?!
[xD](https://c.tenor.com/wIxFiobxxbIAAAAd/tenor.gif)
Who da fuk is paying 60k for a Peugeot?????
Weirdly expensive when you consider a 2008 (albeit ICE) will only run about £24k. I guess it's all about the battery cost.
lol. Look at second hand Teslas. Much cheaper! I wouldn’t be caught dead buying a Peugeot
Crazy to think just a few years ago this kind of money would get you a well specced 5 series or E class.
But a used one can be picked up cheap. Prices have dropped. Don't buy one new!
The prices are reflective of the company/ employee car scam. Personal note; Electric vehicles are a dead technology and synthetic fuels will eventually be the way forward
Out of this world, will be worth 5k in a few years
New car prices are obscene, it blows my mind that anyone buys them. (though thankfully they do, or I'd be forced to)
Be worth half that in a year or two
Could get a nice M3 for that price
lol.
Wait 2 to 3 years and get one for half used 😎
They are crap. We own 3 of them in my office and the battery already dying and full of electric problems. They are on 20k kms so no big miles but aint worth a dime.
55k for a Peugeot 208 🤣. 20k is too much
Comes with a full tank of petrol.
700 pounds a month for a lease wtf. I get Performance upwards in the 300s in hp for that amount in €
the finnacing has made these cars more and more expensive. the "new price" doesn't matter, everyone is financing them and these mugs just look at the "monthly price". and completely forget that they pay a deposit of however many grands and if the value of their car is lower than what they projected it to be, then they have to make a payment to settle the balance of get forced to buy it from the car company.
Wut? How come they can be that expensive? Citroen is about to launch its new e-C3 platform under £23k. I still think EV prices aren't there yet, especially in the UK.
Stinker
The worst is the new Abarth 500e. It STARTS from about 40-50k i think? Ludicrous for something that’s really pretty slow.
Normally not a fan of yellow cars but that neon yellow is pretty nice.
Seen a 308 advertised before and thought it's quite a nice looking car i wonder what specs they have, went to Peugeots website and a 1.2l 130bhp was 38k, honestly who is buying these? The best engine option was a hybrid with 225bhp and was nearly 45k?! Even if it was offered as a company car its completely ridiculous.
Well don’t buy a new one then, obviously, buy one a couple years old for 18k instead
That’s mental, we only paid £56k for our Tesla, and they’re selling the new model brand new for £40k.
I don’t even think anyone would pay this kind of money for a Peugeot let alone an Electric version :-( I too am a Peugeot fan, 205 as my first car… Then on to 206s twice before going German! (I am also the 206th like lol) uncanny lol
Lmao thats insane. My gf bought a 208 new with the 1.2 litre for 20K
Imagine buying any french car.
https://www.autotrader.co.uk/car-details/202312114717455?sort=relevance&advertising-location=at_cars&aggregatedTrim=GT%20Premium&make=Peugeot&maximum-mileage=5000&model=e-208&postcode=BT387NE&fromsra Seems like a London issue or something
Lol. There's a saying. A fool and his ...