Peugeot E-208: running costs & insurance
The Peugeot E-208 is gradually becoming rather expensive for an electric supermini, though it should be pretty cheap to run
| Insurance group | Warranty | Service interval | Annual company-car tax cost (20%/40%) |
|---|---|---|---|
| 26-28 | 3yrs/60,000 miles | 2yrs/16,000 miles | From £125/£250 |
Like the majority of electric cars, the Peugeot E-208’s starting price has been slowly creeping up since it launched. It currently remains among the cheapest electric cars on sale, but newer rivals like the BYD Dolphin and the forthcoming Citroen e-C3 aim to drastically undercut it. Still, it should be very cheap to run – especially if you choose it as your company car.
Peugeot E-208 insurance group
The Peugeot’s insurance groups range from 26 for the entry-level car to 28 for the top-of-the-range GT model, which is quite a bit more than the Renault ZOE's group 20 rating or Ora Funky Cat which lands in group 21. Unfortunately, electric cars currently tend to be a bit more expensive to insure than comparable petrol or diesel cars; do consider this if it’s going to be driven by a high-risk driver, as premiums may be a little more than you expected.
Warranty
The Peugeot gets a three year/60,000-mile warranty that you can pay to extend. The battery is covered for eight years or 100,000 miles; it'll be replaced or refurbished if it loses more than 30% of its as-new performance within that duration.
Servicing
The Peugeot will tell you when it needs servicing with a message on the dashboard, and the interval can vary depending on your mileage and the sort of driving you do. However, Peugeot offers well priced service plans that cost from £8 per month for three years of servicing – and they're cheaper for the electric 208 than for the petrol or diesel versions.
Road tax
As a zero-emissions car, the E-208 is zero-rated for road tax (VED) and gets free access to the London Congestion Charge zone. However, both exemptions will come to an end in 2025.
Depreciation
The Peugeot E-208 is rather expensive for a supermini, so you may be rather disappointed to hear that according to the latest industry data, the tiny French EV is only forecast to retain between 32-37% of its initial asking price over three years and 36,000 miles. With this in mind, we think it’s best to hold out for competitive finance deals with big deposit contributions, or even take a look at the used market where there’s plenty of bargains to be found – the same goes for the similarly-priced Vauxhall Corsa Electric.
