Peugeot 208: new vs used

The new Peugeot 208 looks striking, but costs from £16,250 compared with well under £10,000 for 2019 current models - so which is better?

John Evans
Jul 30, 2020

The new Peugeot 208 is yet another brand new small hatchback, but as with other new small cars, this one is compact on the outside, but comes with a much larger price than the outgoing model.

So, whether the new car is worth it or if you're better off going for a sub-one-year old version of the outgoing Peugeot 208 for a greatly reduced cost, is up for debate. Read on for everything you need to know to decide whether to cash in with a nearly-new 208 or splash out on a brand new one.

New superminis like the 208 must be miracle workers, capable of packing in much of the technology, comfort and space of a bigger car within the price and size constraints of a much smaller one. The new 208, on sale from August 2019, is the latest in a long line of small Peugeot hatchbacks dating back to 1983, so it should be good.

However, the new Peugeot 208 faces a host of appealing rivals, not least the Ford Fiesta and Volkswagen Polo, plus the new Vauxhall Corsa which, now Vauxhall is owned by Peugeot, shares many of the new 208’s parts.

The greatest competition for the new 208, though, comes from the outgoing model. Not only does the outgoing 208 look stylish with its curvy shape, but it has a striking interior and offers a comfortable drive. Its biggest selling point, however, is the fact you can get yourself a 2019 nearly-new 208 for well under £10,000 - saving you at least £6,500 compared with the new car.

This generation of 208 was facelifted in 2015 and BuyaCar has hundreds of well priced examples that are even better value than this, as you can see below. So the new 208 has a fight on its hands. Let’s see how it measures up and which one, new or used, is the better buy for you.

All-new 2019 Peugeot 208

Unlike the outgoing 208, the new model is a five-door only. This is increasingly common among car makers, since five door models are more practical and generally more popular. Prices range from £16,250 to £29,650. The hefty £29,650 figure relates to the most expensive version of the pure-electric 208, the GT, and includes the government’s £3,500 plug-in grant. Even so, considering that practically brand new 2019 versions of the all-electric BMW i3 are available from much less than this, the electric 208 seems like a pricey prospect.

Furthermore, even £16,250 for the most basic 208, the 75hp 1.2 PureTech Active, looks expensive and gives arch-rival the all-new Renault Clio, which starts at £14,295 for the more powerful 100hp TCe 100 Play, an immediate advantage.

Following the success of its 3008 SUV, Peugeot has made the new 208 more upmarket than the outgoing 208, with an interior that’s more modern and feels higher quality to back up those steep prices. That's great if you can afford it, but again makes the outgoing 208 seem much better value.

The new model comes with a good level of standard equipment including alloy wheels, automatic city braking, electric heated door mirrors and LED daytime running lights. It also has a multifunction steering wheel, a head-up display and a seven-inch touchscreen media system on offer.

Reinforcing its upmarket ambitions is the fact that, unlike the outgoing 208, there’s no basic Access trim. Instead, the range opens with Active before moving into Allure (with leather-effect trim, a larger touchscreen and full LED tail lights) and then GT Line (adding parking sensors, 17-inch alloys and full LED headlights). Unlike the outgoing 208, the top-of-the-range GT trim is reserved for the electric 208 - with drivers charged a premium for both the long equipment list and electric tech - which results in a near-£30,000 price tag.

The engines, a range of 1.2-litre 'PureTech' petrols in three different power outputs (75hp, 100hp and 130hp) and a 100hp 1.5-litre BlueHDI diesel, are updated units carried over from the previous model. The final option is the 136hp electric motor in the pure-electric variant.

2015-2019 Peugeot 208

The outgoing 208 was actually launched in 2012, with an updated version arriving in 2015. Models from 2015 onwards are available in three and five-door forms from as little as £5,331 for a 2015 1.0-litre VTi PureTech Access 5dr with 40,000 miles on the clock to £19,000 for a 2019 1.2-litre Pure Tech 110 GT Line 5dr with just 50 miles covered. Meanwhile, a 2019 1.2-litre 82 PureTech Signature 5dr, a desirable specification, with just 10 miles is only £9,999 - a massive saving on the new model.

It’s clear, then, that a used 208 is great value for money. It gets better since, ignoring the new electric model, it comes with a wider range of engines than the new one. In the petrol camp is the 68hp 1.0-litre VTi, a choice of 1.2-litre petrol engines, and 1.5-litre and 1.6-litre diesels. There’s even a hot hatch version, the 208 GTi, whose 1.6-litre petrol engine produces a substantial 200hp.

Meanwhile, there are more trims to choose from, starting with entry-level Access and rising through Active and Allure to GT Line. On top of these are specials including Signature, Black and Tech Edition for different budgets and tastes. In addition, in the Auto Express Driver Power satisfaction survey, owners report themselves pleased with the 208’s running costs and ride quality.

The downside is that while Active trim models and above are well equipped and the car itself is good looking, especially in facelifted guise, thanks to its bright LED daytime running lights and revised grille, it’s not much fun to drive while the relationship of the small steering wheel to the instrument binnacle is not to everyone’s taste.

Outgoing Peugeot 208 vs new Peugeot 208

Aside from their very different looks, price is the big differentiator between new and used 208s. The new car starts at £16,250, £5,000 more than a nearly new 208 in a desirable specification with a more powerful engine.

Instantly, the outgoing model looks to be the better choice, especially so since it’s still a good-looking and well-equipped car powered by a range of very efficient engines, so efficient that Peugeot has chosen to install most of them in the new model, albeit tweaked to meet current and future emissions regulations.

However, there’s no avoiding the fact that the new 208 is more upmarket and grown-up, comfier, better equipped as standard and simply more desirable.

Early driving impressions suggest it’s possibly no great advance on the previous 208 in terms of driving fun, but as Peugeot seeks to establish the new 208 as the mature and comfortable choice in the hatchback class, this is probably to be expected.

Which Peugeot 208 to buy – new or used?

For simplicity’s sake we’re mainly concerned with cash prices here but in terms of the PCP deals Peugeot itself is offering, the new 208 looks expensive at launch. For example, the all-new 208 1.2 Pure Tech 100 GT Line may cost 17% more than the outgoing 208 1.2 PureTech 110 GT Line - at £20,820 compared with £17,785 - but the new model costs 59% more per month - at £281 per month compared with just £177 per month (both on 48-month PCP contracts from Peugeot, with a £2,000 deposit and 10,000-mile-per-year allowance).

Returning to cash prices, with that starting price of £16,250 the new 208 is clearly more expensive than a nearly new 208 with similar power and a good equipment level. The new 208 looks sharper inside and out, feels more grown-up, and has more technology and equipment, but if all you seek is an attractive and well-equipped hatchback for around half the price, a used or even nearly new 208 will serve you well.

We recommend you avoid nearly new versions costing close to the new 208’s entry price since they are likely to depreciate fastest as the new model establishes itself and discounts increase, making them bad value.

Current Peugeot 208 deals

There are 562 used Peugeot 208 models available right now on BuyaCar. Prices start from just £4,180 for a 2016 version in Active trim, while even the most expensive car we have is only £35,170 for a top spec 2019 model.

In terms of finance offers, prices range from £100 per month through to £626 per month, so there's a good opportunity here to grab a very affordable finance deal on a strong selection of well-equipped and barely used Peugeot 208s.

2019 Peugeot 208 deals from under £10,000

Peugeot 208 1.2 82 Pure Tech Signature 5dr

2019/68, 5,000 miles, £9,750

Here’s a great example of the kind of value you can get when you buy a version of a model coming to the end of its life. The Signature is a last hurrah for the outgoing 208 and brims with equipment including 16-inch alloy wheels, darkened windows and chrome door mirrors on top of good phone connectivity and parking sensors.

The 82hp 1.2-litre petrol engine is nippy around town but if you plan to mix things up with longer motorway drives, consider the more powerful 110hp version.

Peugeot 208 1.2 110 PureTech GT Line 5dr

2019/19, 3,500 miles, £11,995

This version has the 110hp engine mentioned above while high-spec GT Line trim brings creature comforts including air-conditioning, electric windows all-round, a sat-nav and rear parking sensors. Compared with the all-new, 100hp 1.2 GT Line at £20,700, it’s a steal.

Peugeot 208 1.5 BlueHDi Tech Edition 5dr

2019/68, 10,000 miles, £12,833

Diesels have fallen from favour recently but if you’re a high-mileage driver or you just don't like visiting fuel stations, they still make a lot of sense and more so, if like this example, they’re Euro 6 compliant - making it ULEZ charge exempt - as all diesels registered from 2015 are.

Like Signature, Tech Edition is another runout trim and tempts buyers with sat-nav, cornering assist foglights, parking sensors, dual-zone air-conditioning and automatic city braking.

2017 Peugeot 208 deals from under £7,000

Peugeot 208 1.2 82 PureTech Active 3dr

2017/66, 16,000 miles, £6,345

Two years down the road and this is where the outgoing Peugeot 208's value really begins to shine. Active is one rung up the ladder from basic Access trim and brings smart alloy wheels, bright LED daytime running lights, a touchscreen media system and a leather-wrapped steering wheel. It all helps to give the car a more upmarket feel.

Our example has the 82hp petrol engine but it’s a willing unit and one that helps ensure the car represents a spectacular saving on the price of an all-new 208 1.2 Active - saving you around £10,000.

Peugeot 208 1.6 BlueHDi Allure 5dr

2017/66, 31,000 miles, £7,490

This is the old diesel engine that was replaced by the new 1.5-litre motor in 2018. Unfortunately, it’s the lowest powered 75hp version (there are more powerful 100hp and 120hp engines) that struggles to pull the car with any enthusiasm but which is at least economical.

Mid-spec Allure trim features air-conditioning, alloy wheels and rear parking sensors but only the front windows are electrically powered. It's a relatively new car for the price, though, and you can be sure that you'll pay very little on fuel.

Peugeot 208 1.6 THP GTi Prestige 3dr

2017/17, 20,000 miles, £10,495

Although this quickest 208 can't hold a candle to class leader, the Ford Fiesta ST, it’s still a good-value alternative that accelerates strongly and which manages to feel rather special.

Until the new 208 GTi arrives, it’s the quickest 208 you can buy and at this kind of money, much cheaper than that car is likely to be.

2015 Peugeot 208 deals from under £6,000

Peugeot 208 1.0 VTi Access 3dr

2015/15, 27,000 miles, £5,650

The 1.0-litre petrol engine produces only 68hp but is willing and eager to rev, making it perfect for scooting around town.

Together with basic Access trim it helps to keep this 208’s price down to bargain levels. Really, £5,650 for a relatively modern and attractive four-year-old hatchback with less than 30,000 miles is excellent value. If you need more power, consider the 82hp 1.2 PureTech.

Peugeot 208 1.6 BlueHDi Allure 5dr

2015/65, 30,000 miles, £7,100

This Euro 6-complaint diesel (it means it can enter London’s congestion charge zone without paying an additional penalty) is another good-value and economical 208. 

What’s more, this is the mid-power 100hp diesel that offers decent acceleration. Add Allure trim’s air-conditioning and rear parking sensors, and here’s an economical mile-eater that’s convenient and comfortable with it.

Peugeot 208 1.6 THP GTi Prestige 3dr

2015/65 18,000 miles, £9,479

A sub-£10,000 hot hatch with a low mileage is a rare thing, but here’s one. The 208 GTi is seriously quick although it lacks the handling finesse of the Fiesta ST.

Don't worry, though, you’ll be too busy congratulating yourself on snatching such a bargain, at around half the price of new equivalents, even though it hasn't covered 20,000 miles yet.


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