Peugeot 508 GT Fastback PHEV MY23/24 $59,990 ($28,010 off), 3008 GT Sport $50,990 ($17,410 off) Driveaway + More @ Peugeot

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With sales plummeting over the past decade or so, it looks like the French brands are now clearing more of their stock with some big savings to be had. The average discount is $10,000, ranging from $500 on a Peugeot 308 hatch to $30,000 on a Peugeot 508 sedan.

Drive-away prices, but may vary state to state. While stocks last.

Model RRP (excl. on-road costs) Drive-away offer Estimated regular drive-away price (average) Saving (avg. estimate) Change
Citroen C4 Shine MY24 $43,490 $37,990 $47,000 $9010 19%
Citroen C5 Aircross Sport MY23 (current stock) $54,990 $44,990 $59,300 $14,310 24%
Citroen C5 X Shine petrol MY22 (old stock, latest model is MY23) $57,670 $45,990 $62,200 $16,210 26%
Peugeot 2008 Allure $39,990 $35,990 $43,140 $7150 17%
Peugeot 2008 GT $44,490 $41,990 $48,000 $6010 13%
Peugeot 3008 Allure $50,075 $45,990 $54,000 $8010 15%
Peugeot 3008 Allure (with Luxury Pack) $56,065 $45,990 $60,500 $14,510 24%
Peugeot 3008 GT $57,400 $47,990 $61,900 $13,910 22%
Peugeot 3008 GT Sport $63,390 $50,990 $68,400 $17,410 25%
Peugeot 308 GT $43,990 $46,990 $47,500 $510 1%
Peugeot 308 GT Premium hatch $48,990 $51,990 $52,900 $910 2%
Peugeot 308 GT Premium wagon $50,490 $53,990 $54,500 $510 1%
Peugeot 308 GT Sport PHEV $64,990 $59,990 $70,100 $10,110 14%
Peugeot 5008 GT Sport $65,657 $62,990 $70,800 $7810 11%
Peugeot 508 GT Fastback PHEV MY22 $81,610 $57,990 $88,000 $30,010 34%
Peugeot 508 GT Fastback PHEV MY23/24 $81,610 $59,990 $88,000 $28,010 32%
Peugeot 508 GT Sportswagon PHEV $82,915 $61,990 $89,500 $27,510 31%
Peugeot Boxer Pro Long manual $52,990 $50,990 $57,100 $6110 11%
Peugeot E-Partner Pro Long $59,990 $49,990 $64,500 $14,510 23%
Peugeot Expert Pro Long auto $50,490 $47,990 $54,500 $6510 12%
Peugeot Expert Pro Long manual $46,990 $45,990 $50,700 $4710 9%
Peugeot Expert Pro Short auto $47,990 $45,990 $51,800 $5810 11%
Peugeot Expert Pro Trader Long auto $51,490 $48,990 $55,500 $6510 12%
Peugeot Expert Pro Trader Short auto $48,990 $46,990 $52,900 $5910 11%

Data thanks to Drive

Looks to be an expansion of the deal posted Here

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Comments

  • +32

    Basically adjusting their prices to what they should've been all along. Don't get me wrong, I love driving my 2021 508 Fastback (bought it when it was 2 years old with 40,000km for $28k) but no way was it was worth $60k (price they had them new when I bought mine before going PHEV only).

    • +4

      Agreed. While their cars now feel more premium and the EP6 engine has had most issues ironed out, they were still priced way too high. These prices are much more in-line with what they should be - particularly with the increase competition from Chinese manufacturers.

    • Wow, 50% drop in value in 2 years, that's insane.

      • No one wants sedans anymore in Australia sadly. And those that do probably don’t think of Peugeot. The 508 is a lovely car and phenomenal value on the used marked right now. Get a lightly used top of the line car for around 25k, unbeatable.

        • Hmm I'm not sure about that. Camry is 11th best selling car in Australia with 2 year waiting list. Tesla Model 3 is 12th on the list…

          • +1

            @Mondorock: Except those two together basically make up the entirity of Australian Sedan sales.

            Almost every other car on sale is not-a-sedan ☹️

        • Nazzlo from whirlpool is that you? :D agreed it is sad that no one knows about newer Peugeots here. My fingers are tightly crossed the Stellantis get their fingers out of their a*** and take over distribution and advertise them better with the new models coming out.

  • +6

    It simply means that only the 308 is priced sensibly!

    • +8

      Still overpriced with the 1.2L 3 cyl… should be sub $40k with that engine.

    • +1

      I think it’s overpriced. My 2015 308 was top of the line 35k with the 1.6 turbo. Beautiful car with all the features you could want and gets a lot of attention on the road. The new 308 feels smaller to me, pano roof not as big either and of course smaller engine which has had a few issues with the wet belt failing prematurely. I’ll stick with my old one for a few more years, been very reliable and love driving it.

      • +2

        I should reword my first statement: it's the least overpriced Peugeot/Citroen in the AU market!

      • +1

        How do you know "it gets a lot of attenton onthe road"?

        • +5

          Lots of honking and flashing of the high beams perhaps?

          • +1

            @buckster: I’ve had many people come up asking about my car or commenting that it looks great. Not uncommon to see drivers turn their head as I go past. The T9 is very elegant and a lot better looking than the Asian hatchbacks of the same age. I remember the reviewers calling out the diamond like DRL’s which certainly catch the eye too.

            • @nubzy: Not that I don't agree! Wife had a 207 which was a neat looking car, their styling has definitely gotten better over the years.

        • -6

          Hawk Tuah - You gotta spit on that thang - You know what I mean…. " Haliey Welch"

  • +2

    Wow! Car sales must be bad! Funny how things are like this because they wouldnt even offer a discount during the Covid shortage!

    Why would I get one of these over a Tesla?

    • +2

      Karma for price gauging

    • +10

      French car - aftermarket is not that great here. Price drops like more than 10k in just one year. Aussie love their Japanese (and now Korean) cars ! What I am to say. I got one Jap and one Korean :)…..Cars I mean

      • +1

        Only 10k in first year.. someone who bought one of these last year for 90k has already lost nearly 40k.. :(

        • Which someone was that lol. No one pays retail on anything from Stellantis Group.

        • They were selling Peugeots for 90k? haha

    • +8

      Peugeots and Citroens are very capable cars. It's just that the originally prices are way too ridiculous. Had they priced the cars 15-20% cheaper at the get go, the cars wouldn't be sitting at dealers for 2 years before getting sold at fire-sale prices.

    • +1

      Compared to a Tesla, these are far less likely to crash themselves

      • My understanding is that the FSD on Telsa is leaps and bounds better than any other FSD on any commercially available car!

        • +6

          leaps and bounds better than bad is still bad, its a shame Tesla gives the impression its good and people are dying believing Musk and his false claims. The terms self driving should be banned when people are required to have hands on wheels and full concentration on the road.

          • @cloudy: What are the stats on accidents per million miles of FSD travelled and what are the stats on accidents per million miles with some random numpty driving ?

            Don't get me wrong - the idea of relinquishing control of a car driving at speed with cars flying past in the other direction frankly gives me the heeby geebies but I don't think the official (verifyable) stats would bear out your tinfoil plated claims.

            • @tileys:

              What are the stats on accidents per million miles of FSD travelled and what are the stats on accidents per million miles with some random numpty driving ?

              The problem with this logic is that I'm not 'some random numpty'. I've crashed precisely zero times, so compared to FSD, I win.
              That is not to say it is not a good choice for you, you might be a shit driver, I have no way of knowing,

            • @tileys: Official stats are impossible to obtain. Tesla designed FSD to turn off as soon as a "dangerous situation is detected". Like the FSD getting the driver into a dangerous situation.

              So by definition it will never be on. And legally Tesla can say it's the drivers fault.

              Meanwhile Tesla drivers are some of the most accident prone according to most stats. Coincidence? Maybe, but it doesn't paint a good picture.

            • @tileys:

              What are the stats on accidents per million miles of FSD travelled and what are the stats on accidents per million miles with some random numpty driving

              Im glad the peeps interested in this stuff aims high.
              Hey Authorities, this FSD is the beezzkneezz of driving, its beating some random numpty at driving, must be gooooood.

              what tinfoil claims have I made? The fact Full Self Driving is not at all Full Self Driving because the driver needs to drive?

      • I don't have a Tesla, I personally drive BYD as I prefer the look, but we have one in the family and the FSD 12.4 is smarter than most drivers honestly

      • +6

        I'd ask what you're on about but I'm afraid I wouldn't understand the reply

      • What's a testla?

    • Why would I get one of these over a Tesla?

      Can't speak for why YOU would get one, but if it were me, the 3008 GT Sport at this price is cheaper and quicker than a similar Tesla with no range/charging to worry about, and it looks a whole lot better both and out.

      • and quicker than a similar Tesla

        According to the specs it has a 0-100 time of 8.8s vs 6.9s for a Model Y which is the slowest Tesla for sale:

        https://www.peugeot.com.au/content/dam/peugeot/australia/mod…

        the 3008 GT Sport at this price is cheaper

        Its a full size smaller than a Model Y, pretty much the size of a Mitsubishi ASX - it should be cheaper. The FBT exemption for EV's would make up the price difference between the two anyway.

        If you don't want an EV, a top spec Corolla Cross hybrid is about the same price and size.

        • +1

          PHEVs have the FBT exemption too so long as you buy before April 2025

          • @fantacular: Person I was replying to was talking about the non PHEV 3008 GT sport being a better deal than an equivalent Tesla because the purchase price is $51K vs $61K for a Model Y. The PHEV version of the GT Sport is $70K - $9K more expensive than a MY.

    • -2

      Why would I get one of these over a Tesla?

      Because it's a Tesla. Basically the EV version of Toyota Camrys, in a bad way.

  • +2

    Always happens when i buy one the day before

    • +4

      At least you didn't buy Tesla. You would have counted at least 3 price reductions already

    • Did you just happen to buy a Tesla yesterday ?

    • Just claim price protection on your credit card

  • +12

    Some decent savings but MY22 is ancient. Lots of brands already announcing or launching for sale MY25 models so you're basically buying a 3 year old model

    • MY22 is not the issue (it's marketing guff). It's the build year of 2022 that's the issue. Who knows what's happened while they've been sitting in dealer lots (or storage facilities)

      • Doesn't MY22 imply a build year of 2022?

        • Nope. There are three dates for vehicles: build date, compliance date and model year.

  • -4

    For a country known for it's sense of style and cultural enrichment, French cars either look batshit crazy or like a team of engineers took over from the styling department and come up with the most insipid looking box with wheels attached.

    • +16

      I completely disagree, Peugeot, Citroen, DS and Renault all style their cars really well and have improved that a lot in the last decade. The interiors especially are clearly ahead of most mainstream brands.

      • Cannot fault French cars interior but the drivetrian is always mediocre

        • +2

          I drive a Renault and you're wrong. You can find their engines in Nissans and Mercedes. You just need to know which ones to avoid like the 1.2 with the 6-speed dry DCT in the Clio. It's ok but early ones had high oil consumption and those gearboxes are the same Getrag units that caused the Ford Powershift debacle. The 1.3 turbo (Merc/Renault), 1.6 turbo (Nissan), 1.8 turbo (Renault) and 2.5 (Nissan) are all good, as well as the 6/7-speed wet DCTs or CVT in the Koleos. Pretty much any French diesel is good, they've been known to do them well.

        • +2

          I second techie4066 as an owner. Mine is still going well over both short and very long distances for the last decade. Don’t listen to armchair experts and their 2 cents opinions who never actually own one for any period of time…

    • +2

      lol what? They have been leading the way in car design and interiors since the T9 308 back in 2014. Their current lineup all look fantastic.

      • -2

        That's fine, style is subjective I guess. But you're wrong.

      • -2

        lol what? They have been leading the way in car design and interiors since the T9 308 back in 2014. Their current lineup all look fantastic

        Who buys a car on looks?

        • Yeah.. it’s not just looks. They drive brilliantly too, and are supremely comfortable. Lightweight and spacious too. The 1.6thp has won engine of the year. The diesels are bulletproof. Aisin automatics. Reliable and good engineering..

          I’ve not found any other hatchback that is as comfortable or nice to drive as my T9 308.

        • +3

          Who buys a car on looks?

          Most people ??

      • They have been leading the way in car design

        In what way?

        Anyway design is really always subjective. One person sees "beautiful", and another sees it as "overstayed". Personally I think the French cars got their "chic" nice design reputation from a time when all cars basically looked like boxes on wheels (up to the 90s / 2000s basically), and this idea is simply an old stereotype. Paste on a Chinese brand and people will call it "overstayed" or "ugly", and vice versa with a Peugeot badge with a Chinese car etc.

        Nowadays many cars are shaped well, no longer look like slightly different variations of boxes and designers can be more expressive.

        BTW Hyundai Kia and Genesis win design awards all the time.

        E.g.

        https://ifdesign.com/en/if-design-ranking/?keywords=587#resu…

        https://www.hyundai.com/worldwide/en/newsroom/detail/if-desi…

        https://news.dupontregistry.com/news/genesis-2023-red-dot-de…

        • Fun fact: Hyundai and Kia hired European designers. Google them up LOL.
          While you are there, look up Chief automotive designer for BYD.

    • Renault 16TS from the 70s was years ahead of the pack in its design ethos and practicality. It was basically the first SUV before SUVs were a thing. Rally bred DNA and handling, FWD Hatchback, performance tuned, excellent modular seats that would fold down for camping in the back. I had a few of them over the years and only one caught fire;)

  • -5

    Just buy a RAV4, you can thank me later.

    • +3

      Is there a RAV4 PHEV available in .au yet? I thought they were just classic hybrids still.

      • +3

        Plug in hybrids are the worst of both worlds. The tiny battery will get cycled to death quickly.

        The RAV4 is a real long term, low maintenance, low cost proposition.

        Stick to a Hybrid, a Toyota hybrid, an ICE car or an EV.

        • -1

          This

        • So, no? It looks like there is a PHEV RAV4 coming but not out yet, from a quick Google.

          I think hybrids in general are the worst of both worlds - but people who want PHEVs because their use case supports it are rightfully completely uninterested in regular hybrids. If they're dropping at the rate at the ones in this post they become significantly more attractive.

          Reducing fuel cost to close to zero in a PHEV against vs maybe 50% in a regular hybrid needs to be gamed out a bit to see if it makes sense over the long haul.

          (FWIW these cars are still too expensive for me to consider as a PHEV, though I might buy one if the price was right.)

        • +1

          PHEVs do enjoy the EV FBT exemption for another 8 months or so - so overall cost of ownership is significantly reduced…

        • +1

          Plug in hybrids are the worst of both worlds.

          Or the best depending on your use case. Lots of quick trips to the shops as an EV, periodic long road trips that never have to worry about charging. Sounds like a win in my book.

          The tiny battery will get cycled to death quickly.

          As with EV batteries you should get at least 10 years, but the win is that they are so small so a LOT cheaper to replace, making them much more viable longer term.

      • PHEV is the theoretical best option but the reality is, its more expensive than pure electric, less reliable and none of the benefits of pure EV

        its sucks, cause I really like the idea of PHEV.

        • I had thought for a while PHEV was gonna be the best option for a lot of people.. But you're right, non-plugin hybrids or pure EV is the way! I've got a Civic Hybrid on the way! Perfect for us as we rent so no promise for home charging options, and I don't want to spend a few hours a week waiting at the local charge station (it's always full). And moving away from a 2008 ICE CVT car should be a giant leap!

          • +1

            @ReaperX22: I would have assumed a lot more renters would have a powerpoint within 15m of the place they charge their car, or is everyone parking on the street?

            A standard wall socket works perfect for an electric car.

            • @samfisher5986: Not all rental places have on premise parking, also if in units or large apartment buildings you're usually in a lot. Our current place actually has a socket nearby but we plan to move soon.

          • @ReaperX22: I think that best family combination is a small EV for suburban run around and a medium/large diesel for trips and moving luggage or more than 4 passengers.
            Hybrids don't seem to have any advantages over a diesel.

            • +1

              @Phoebus: So… Your suggestion is have two cars…? We have no desire to own multiple cars.

        • PHEV is the theoretical best option but the reality is, its more expensive than pure electric

          This deal is cheaper than an equivalent Tesla.

          less reliable and none of the benefits of pure EV

          Which is what exactly? Range anxiety? Which is the biggest sticking point for all new buyers. Hence why Hybrid sales are outpacing BEV almost 7 to 1.

  • +5

    the 508 PHEV is now relatively attractive on a FBT-exempt novated lease, but personally would struggle to justify $60k when I can buy a Model 3 Highland for the same price and not pay for fuel or servicing.

    • +6

      if you really want a PHEV the BYD seal lion 6 has 90km range compared to the 50km on this for $52k in a SUV form

      • Was about to say the same, am i the only one think that peuguot's design is nothing attractive?

    • +1

      Yes and no. With the PHEV on novated lease, high-income bracket basically means you get 50% off on petrol. If you have a second car in the family you could potentially get away with claiming petrol used in that car too, depending on how strict your lease provider is with tracking gas consumption.

      There are also other benefits with PHEV, like not having to worry about charging on long-distance road trips. Also once Australia gets V2G approved, you could potentially use your PHEV as a generator during blackouts.

      • +3

        100% off is far better than 50% off.

        Having driven a PHEV I see them as the worst of both worlds. Sort of like a washer/dryer combo. Too much weight added by batteries but inadequate range. An underpowered ICE that makes the car feel sluggish. Still the requirement to service regularly and of course fuel.

        • You have to charge somewhere. The amount of deduction ATO allows you to make on home charging for an EV is pitiful. PHEV is also generally cheaper option than a EV although maybe not in the case you stated vs a base model 3. So you will save more money upfront that you can use towards petrol. PHEV gives you much more optionality than a EV given Australia's poor charging infrastructure.

          Anyways, personal preference will dictate purchase decision. I have free charging near where I live, so EV makes more sense for me. Once that is taken away I will likely move onto a PHEV before their FBT exemption is taken away.

          • +1

            @abetastic: Agree you have to charge somewhere, and in my specific use case I use solar power that I would otherwise be getting paid 5c kwh for. Because of this I actually earn money via the ATO cpk rate. With that said, I know I am not everyone and a lot of people wont use an EV in the way I do. It's definitely horses for courses.

            My experience is that PHEV aren't typically cheaper than full EV. Tesla aside, and for example, the Cupra Born (full EV) at $65k RRP vs the Cupa Formentor PHEV at $71k.

            I know there are a few cheapish PHEVs from major manufacturers (e.g. Outlander, Ford Escape) but they are both almost the same price as the equivalent Tesla/BYD etc.

            Agree that personal preference dictates the decision and thanks for being able to have a mature discussion.

            Similar to you, I will probably get a PHEV in addition to my EV before the FBT exemption ends next year, but for a different reason. Mainly so I can have a 'prestige' paid for by my pre-tax dollars, even though i;m unlikely to run it much in EV mode. Probably something like a BMW 330E

            • @WhatWouldBiggieDo: "'prestige' paid for by my pre-tax dollars"

              Definitely not in the market for a peugeot then haha.

          • @abetastic:

            The amount of deduction ATO allows you to make on home charging for an EV is pitiful

            The ATO allows a claim of 4 cants / km on an EV novated lease.

            That should actually net you a tidy profit when claiming for charging at home for just about all EVs.

      • If you have a second car in the family you could potentially get away with claiming petrol used in that car too

        That would be tax fraud.

        Also once Australia gets V2G approved, you could potentially use your PHEV as a generator during blackouts.

        That depends on the model car you have. For example just because you electricity retailer and your EVSE supports V2G, if you car doesn’t, you are out of luck. I don’t think there are any PHEVs that support V2G in the capacity as a generator (that is, burning petrol to power the grid).

        And don’t get me started on how many EVSEs there are on the market in Australia that support V2G - I believe there is a total of 1, and it costs upwards of 5 times as much as a standard EVSE.

      • If you have a second car in the family you could potentially get away with claiming petrol used in that car too.

        WTF, you absolutely cannot do this unless you're happy to commit fraud with your name and address attached. This would be epically dumb.

        • How will ATO know which car the fuel goes into ? Pay your taxes but there is no need to keep loose change. When multinationals do it, it's called tax minimisation or tax avoidance (assisted by the Big 4s you know) but when done by individuals it's classed as fraud. Well done ATO rep :D

          • @regenade: like anything it's fine until you get caught. risk is low but audits do happen, if your stated usage and odometer doesn't match up you'll have some explaining to do

    • I wonder if this pricing is available for fleet customers noting their disclaimer of "offer excludes fleet, government, and rental buyers" ?

      • +1

        What you can generally do is, put down a refundable deposit to secure the price. Then when the dealer gets in touch regarding financing etc., you put them in touch with your novated lease provider and let them take it from there. I've not had issues before on non-peugeot purchases so YMMV.

        • Thanks for the perfect response. Cheers

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