208: the real 5-year cost

The Peugeot 208 is the style pick of the supermini class, and at £21,500 it asks a small premium over plainer rivals. Its five-year true cost is £24,575 — about £410 a month — built on 52.3 mpg combined (£1,008 a year in fuel), £572 insurance, £436 maintenance and £190 road tax. The 208's cabin feels a class above its price, with the i-Cockpit layout and material quality that shames some family hatchbacks.

You pay a little more than for a Corsa to run it, and in return you get arguably the best-looking small car on British roads — subjectivity has rarely cost so little. We have added up five years of fuel, insurance, servicing and tax to reveal the true monthly cost.

Peugeot 208 2024 (clear)

True 5-year cost (after resale)
£24,577
Purchase price£21,500
Fuel (5 yrs)£5,042
Insurance (5 yrs)£2,860
Maintenance (5 yrs)£2,180
Road tax (5 yrs)£950
Minus estimated resale value−£7,955

That is £410/month of real motoring cost.

Share this calculation with anyone.

The 208 holds its value well for a French supermini, helped by strong design appeal and the halo effect of the electric e-208. Still, the first year takes the biggest slice, so nearly-new remains the value play. To cut costs: avoid the GT's larger wheels if tyre bills worry you; service at a Peugeot independent; and keep the interior pristine — cabin condition matters disproportionately to 208 resale values.

Our verdict: the 208 is the supermini for buyers who refuse to be bored. It costs slightly more than the cheapest rivals to run, but the daily pleasure of that cabin is worth every penny of the difference. It proves sensible money and genuine desirability can share the same driveway. Few superminis make the daily commute feel this special.

Full Peugeot 208 review →

Frequently asked questions

What is the 5-year true cost of a Peugeot 208 2024?
Over five years at 8,000 miles a year, a 2024 Peugeot 208 costs £24,575 in ownership costs excluding purchase — about £410 per month. That covers fuel (£1,008 a year), insurance (£572), maintenance (£436) and road tax (£190). The car lists at £21,500.
Is the 208 expensive to insure?
No — at around £572 a year it sits in a modest insurance group. Young drivers should still compare telematics policies, which can cut supermini premiums substantially for careful drivers. Adding an experienced named driver can also reduce quotes for younger motorists.
How do I protect a 208's resale value?
Keep the interior immaculate, maintain full service history, avoid oversized wheels, and choose popular colours. The 208's design-led appeal means condition and presentation sway used buyers more than with plainer rivals. A detailed valet before listing can genuinely add hundreds to the sale price.

Estimates use average UK depreciation curves. Your mileage, driving style and insurer will move the numbers.