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The Top Gear car review:Peugeot 508
Running costs and reliability
The low-power diesel with an automatic gearbox on 17-inch wheels ducks under 100g/km of CO2 on the old NEDC test. Even the petrols aren’t too bad, peaking at 131g/km for the 224bhp on 19s.
Headline prices aren’t conspicuously low, but considering the generosity of kit, and the cheapish option prices for what’s not standard, they’re decent value.
As we mentioned, you’ll be worried about depreciation. Well, Peugeot has lately been operating a pretty strict no-discounts policy, especially on the 3008 and 5008 crossovers, and they’ve been showing up well in quality and durability surveys. Result is the 3008 was given good residual scores by the trade when it was new, and that score has actually risen, not fallen, during the car’s life.
By refraining from discounting to move the metal and walking away from some fleet deals, Peugeot now gets average transaction prices above the equivalent Volkswagens. With that comes profit for the manfacturer and dealers. Why would Pug puncture that tasty business model for a relatively small number of 508s, which is (after all) its halo car?
From the buyer’s point of view, this means the 508 gets competitively low monthly lease or PCP rates.