# Peugeot 408 — Used Car Buying Guide

AutoScout's analysis of the Peugeot 408 on the UK used-car market. Backed by 33 million DVSA MOT tests, current AutoTrader pricing, and depreciation curves derived from CAP/Glass's Guide data.

Live interactive report: https://autoscout.fyi/cars/peugeot-408

## Verdict

- **Best value year**: 2023
- **Ideal trim**: GT
- **Target mileage**: 10,000–25,000 miles
- **Max previous owners**: 2
- **Target price**: £18,000

## Why this model

The Peugeot 408 is a really stylish and distinctive choice if you're looking for something that stands out from the crowd. It blends the practicality of an SUV with the sleek lines of a fastback, giving you a comfortable ride and a surprisingly spacious interior. It's a solid option for families or anyone wanting a bit more flair than a traditional hatchback or saloon, offering good fuel economy with the mild-hybrid engine.

## What you should pay

Based on current UK market data for a 2023 GT Hybrid 1.2 PureTech with around 15,000-20,000 miles, you should aim to pay around £18,000. Prices can vary a bit depending on exact mileage, condition, and optional extras, but this is a good target. Don't be afraid to haggle a little, especially if the car has been on the forecourt for a while.

## Which trim to buy

The GT trim is definitely the sweet spot for the 408. It comes packed with a lot of desirable features that make it feel more premium, like the larger infotainment screen, advanced driver-assistance systems, and sportier styling elements, without pushing the price too high. It offers a great balance of comfort, tech, and visual appeal, making it feel like a much more expensive car.

## What to check before you buy

- Check service history for regular oil changes and timing belt inspections. The 1.2 PureTech engine (especially earlier versions) has a known issue with the wet timing belt degrading, which can lead to engine damage if not properly maintained.
- Infotainment system glitches (software updates usually fix these).
- Minor electrical gremlins, typical of modern complex cars.

## Running costs

For the 1.2 PureTech Mild Hybrid, you're looking at decent fuel economy, typically around 50-55 mpg. At current petrol prices (around £1.45/litre), that works out to roughly 13-14 pence per mile. Road tax (VED) for cars registered after April 2017 is £190 per year. Insurance will vary greatly based on your personal circumstances, but expect to pay between £500-£800 annually for a mid-range policy.

## Key stats

- **Fuel Type**: Mild Hybrid
- **Horsepower**: 130 hp
- **Mpg**: 50-55 mpg
- **Reliability Score**: Average
- **Safety Rating**: 4 Stars (Euro NCAP 2022)

## Trim comparison

| Trim | Price new | Price used | Key features |
| --- | --- | --- | --- |
| Allure | £31,000 | £16,500 | 10-inch infotainment touchscreen; Apple CarPlay/Android Auto; Rear parking sensors |
| Allure Premium | £32,500 | £17,500 | Allure features plus:; Adaptive cruise control; Keyless entry and start |
| GT | £34,500 | £18,800 | Allure Premium features plus:; 3D i-Cockpit digital instrument cluster; Heated steering wheel |

## Depreciation forecast

| Year | Estimated value | Retention |
| --- | --- | --- |
| 2026 | £18,038 | 0% |
| 2027 | £15,873 | 12% |
| 2028 | £14,286 | 10% |
| 2029 | £13,143 | 8% |
| 2030 | £12,223 | 7% |

Buying a 2023 model in 2026 means you're picking it up after the steepest part of its depreciation curve. New cars lose a huge chunk of their value in the first couple of years, so by buying a three-year-old car, you're letting someone else take that initial hit. From here on, the value loss will be much more gradual, making it a smart financial move.

Total value lost since new: 32.3%.

## Alternatives to consider

- [Citroen C5 X](https://autoscout.fyi/cars/citroen-c5-x.md)
- [Skoda Octavia](https://autoscout.fyi/cars/skoda-octavia.md)
- [Kia Ceed](https://autoscout.fyi/cars/kia-ceed.md)

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Source: AutoScout (https://autoscout.fyi). Part of a review of the UK used-car market across 500+ models.