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Peugeot

Peugeot - 508 (2024)

peugeot 508 price for the latest 2024 iteration keeps driving enthusiasts and first‑time buyers in careful deliberation. If you’re wondering about the *Peugeot 508 2024 price*, you’ll find that the figure varies significantly across markets, trim levels, and local incentives. This overview pulls together the essential data so you can get a clear sense of the vehicle’s value, its depreciation curve, and how it stacks against comparable wide‑body sedans in the executive segment.

  • Engine: 2.0‑liter turbocharged four‑stroke petrol producing 167 kW (230 hp) and 350 Nm, paired with a 9‑speed EP6 gearbox. A 2.0‑liter hybrid option offers 114 kW (155 hp) and 310 Nm.
  • Transmission: 9‑speed automatic; an optional semi‑automatic torque‑converter variant for smoother city traffic.
  • Fuel type: Petrol (standard), hybrid – both offer good all‑season economy for the segment.
  • Dimensions: Length 4,964 mm; Width 1,953 mm; Height 1,470 mm; Wheelbase 2,882 mm – ample cabin space for rear passengers.
  • Torque & Power: 350 Nm @ 2,000‑4,000 rpm; 230 hp @ 2,400‑5,800 rpm.
  • Interior features: dual‑zone climate, 12‑inch digital instrument cluster, 10‑inch infotainment touchscreen, premium leather seating, optional 360° camera.
  • Safety: adaptive cruise control, lane‑keeping assist, forward‑collision warning with automatic emergency braking, stereoscopic 3D–led headlamps.
  • Performance: 0–100 km/h in 6.8 s; Top speed 200 km/h electronically limited.
Peugeot 508 depreciation is a key consideration for buyers, especially when planning long‑term ownership or resale. Generally, passenger cars in Europe lose roughly 40–45 % of their value after three years, with an accelerated drop in the first year. For the 2024 Peugeot 508, you can expect an initial depreciation of about 15–20 % in the first year, followed by a steadier decline of roughly 10–12 % per year afterward. If you’re examining the used Peugeot 508 price pool, these figures translate into a widely observable variance: a near-new model may fetch around 70–75 % of a freshly purchased 2024 price after three years, while older generations can dip as low as 35–45 % of that base.

Real‑world depreciation snapshot

  • Year 1: -15 % to -20 % (peak fall)
  • Year 2: -10 % to -12 %
  • Year 3: -10 % to -12 %
  • Year 4+: 4–7 % annual decline as the vehicle matures.

These numbers align with industry reports on European full‑size sedans and reflect typical market forces such as model refresh cycles, technological obsolescence, and shifting consumer preference.

Comparatively, when you ask “what is a 2024 Peugeot 508 worth,” you’ll find that the price bracket—though not revealed in this generic overview—falls neatly between that of the Mercedes‑E C‑Class and BMW 5 Series. Both rivals offer powertrains with comparable outputs and similarly feature upscale cabin appointments, but the 508 often carries slightly lower launch prices (again, heavily dependent on market). In terms of total cost of ownership, the 508 usually trails its competitors by a small margin because of its lower insurance premiums and more aggressive tax incentives in certain European regions. When evaluating your budget against the Peugeot 508 2024 price, consider these market benchmarks: