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Old 10-10-2018, 08:19 AM   #1
Soul boy 68
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56k Icon My car of the day, Peugeot 508.

Makes a change, car of the day that isn't an SUV, It's Peugeot's new 508 saloon that hopes to steal some market share from the 3 series and A4. The car featured here is the range topping GT model with a 178 BHP 2.0 litre diesel engine. Priced at £31,200 before you add any options. Standard kit includes wireless charging, ambient interior and a host of driver and safety aids. Active suspension comprising of McPherson struts at the front and multi-link to the rear and adaptive dampers are fitted all round. This seems like Peugeot have made a well rounded car, good looking too, which has been a long time in the making. And the surprising thing of all is that this 508 is expected to retain 41% of it's value after three years in comparison to the current 320i M sport and Audi's A4 S-line that both retain 38% after three years.


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PEUGEOT 508 PIC 1.jpg

PEUGEOT 508 PIC 2.jpg

PEUGEOT 508 PIC 3.jpg

PEUGEOT 508 PIC 4.jpg

PEUGEOT 508 PIC 5.jpg
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Old 10-10-2018, 09:11 AM   #2
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I like it purely because it's different but i question it retaining 41% of it's value after three years. Mine has depreciated like a tipper lorry going off Beachy Head and i expect this to do exactly the same.
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Old 10-10-2018, 09:26 AM   #3
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Yes, liking that from the images - be good to see in real life though. Think it’s going to have killer depreciation - so could make a fantastic 2nd buy.
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Old 10-10-2018, 10:07 AM   #4
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Absolutely gorgeous car. Definitely worth considering as a 2 year old purchase. I've owned 6 peugeots over the years, and they've all depreciated like a falling stone with a boulder tied to it.

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Old 10-10-2018, 10:46 AM   #5
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Tavares has made some very bold statements about his expectations for the 508.

He has told all markets that heavy discounting simply will not be allowed (quite how this is achieved is unknown) - he would rather not sell many 508s than sell at heavy discounts

No 508's will be sold to large fleets at heavy discounts or to daily rental fleets at huge discounts

Tavares has said that the car is good enough to compete with the best without heavy discounts and is quite right in saying that heavy discounts equates directly to heavy depreciation and a reluctance of buyers to re-purchase

He is saying the right thing, whether individual markets (especially the UK where there is more focus on price than anywhere else) will fall in to line remains to be seen
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Old 10-10-2018, 11:07 AM   #6
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Great looking car, silly price for a Pug though.
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Old 10-10-2018, 11:50 AM   #7
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Stunning car, have had plenty of Peugeots and would seriously consider one in a few years time.

I worked for PSA and at the time they had all this spiel about the DS3 holding it's value, new way of selling, no discounting, premium car etc etc...dropped like a fart in a library.

Unfortunately it doesn't take 1 or 2 decent cars to immediately flip a switch and you're suddenly a premium brand. It takes time, a few generations of cars and some decent marketing to get over the outdated views of the mass market.

Plus, I'm sure as good as the 508 will be...with its awesome styling etc, compare it side by side with a German car, you'll be able to tell which is better built. We went through how the C5 was as good as German engineering, DS3 was better than ALL the competition etc....anybody can say these things, proof is in the pudding though.

I know I'm being a bit pessimistic but believe me, I'd love Peugeot to advance and hold values etc, as I do like the brand.
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Old 10-10-2018, 11:57 AM   #8
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I like the look of it, but as Andy has said he is on another planet if they thinks he can sell shed load sin current crowded market segment without the big discounts other marks offer.
Give it a we while and surplus stock and dealer targets not being met and car wow and the likes will be flooded with cheap examples.
My experience with the pugs customer service many moons ago was terrible I cant comment know
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Old 10-10-2018, 01:41 PM   #9
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Love the outside, hate the dash.
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Old 10-10-2018, 02:17 PM   #10
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Really like this Peugeot. Style is good, but the inside all looks a bit too angular, shame having to face that all the time. Maybe it'd grow though.
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