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New car sales activity revs up in June as bargain hunters snap up EOFY deals
Car shoppers were out and about in June, with more than 110,000 new vehicles sold in the month.
Peugeot is a French car brand that started as a coffee mill company back in 1810. The company began manufacturing cars in 1889, making it one of the oldest car makers around today. Several Peugeot models were assembled in Australia beginning in 1953, before finishing with the Peugeot 505 in the early 1980s.
Although not as widespread as some other car brands on the Australian market, Peugeot holds its place as a challenger auto maker with a solid customer base.
About Peugeot cars
Peugeot offer an extensive range of vehicles, including hatchbacks, SUVs, sports cars, station wagons and sedans.
Popular models include:
- 208 (from $25,580), a five-door hatchback with a compact sports steering wheel and 1.2L engine
- 308 GTI (from $50,409), a sports hatchback with a 1.6L THP 270hp (200kW) engine and sport brake callipers with 380mm front Alcon discs
- 2008 (from $28,749), an SUV with a rear sports spoiler, wheel arch extensions, front and rear scuff plates and roof bars
- 508 Touring (from $51,944 ), a station wagon with a 120kW HDi turbo diesel engine and six-speed gearbox
- 3008 GT Line (from $49,359), an SUV with a 1.6L turbo petrol four-cylinder engine and 360-degree vision-reversing and front cameras
- 508 Sedan (from $47,744), a four-door sedan with a 2.0L turbo diesel engine, cruise control and a speed limiter with pre-set speed memory function
Peugeot exists as a challenger car brand within the Australian market: more popular than niche brands like Chrysler but not as widespread as heavyweights like Toyota, Holden or Ford.
Although not a luxury brand, Peugeot isn’t one of the cheapest car makers on the market, either. Its car prices tend to be mid-range with optional customisations adding to the ‘driveaway’ price tag.
With a relatively wide range of vehicles on offers, Peugeot is likely to appeal to a fairly diverse customer base. For example, families could be attracted to Peugot’s sedans, SUVs or station wagons, while couples or singles might find more appeal in a Peugeot hatchback or a zippier sports car.
New Peugeot vehicles come with a five-year/unlimited-kilometre warranty (subject to conditions), which is longer than some other standard warranties. Potential buyers might appreciate the added peace of mind that comes with a longer warranty period.
How can I get a Peugeot car loan?
Like most other car brands on the market, Peugeot can arrange in-house car financing through its dealers. Keep in mind, though, that seeking a Peugeot car loan directly through dealers isn’t always the most cost-effective option. Often, the trade-off is paying higher fees and/or interest rates.With that in mind, there are three other avenues that could be explored to secure a Peugeot car loan:
- Go directly to a lender to apply for a car loan
- Research your loan options via a comparison website
- Engage the services of a broker to secure a loan for you
Remember, however, that different lenders have different eligibility criteria for car loans. So, if you’re looking for a Peugeot car loan, you won’t necessarily qualify for one with every lender. Generally speaking, having a solid employment history, salary and savings will increase your chances of being able to secure a loan.
How much does a Peugeot car loan cost?
Here are the approximate running costs for three different Peugeot models, based on RACQ category averages:
|Model||Category||Cents/km||Average $ per week|
|3008 GT Line||SUV Medium||71.9||$207.31|
Here’s how much a five-year loan will cost for three different Peugeot models if you borrow 100 per cent of the purchase price over five years:
|Model||Price/loan||Total repayments at 6%||Total repayments at 8%||Total repayments at 10%|
|3008 GT Line||$49,359||$57,255||$60,049||$62,924|