With the new 408, Peugeot has created a distinctly unique car that adds a new dimension to their lineup. Rather than replacing an existing model, it was introduced to provide drivers with a stylish, versatile alternative that bridges the gap between a hatchback and an SUV. The range has now expanded to include a fully electric e-408 with a range of up to 285 miles, alongside a fuel-efficient 1.2-litre mild hybrid and 2 plug-in hybrid options. These hybrid models combine a 1.6-litre petrol engine with an electric battery to offer an improved electric-only driving range of up to 53 miles. Refreshed with the latest brand identity, including the signature three-claw LED lighting, the 408 remains one of the most striking choices available for your next lease.
You can see all of our current Peugeot 408 lease deals above to compare the different specs. If you're looking for something in particular then you can use the handy search tools.
You might also want to compare it with similar models or the rest of the Peugeot leasing range.
The ideal Peugeot 408 driver is someone who wants to stand out from the sea of conventional hatchbacks and SUVs with a car that defies traditional body styles. If you value a sharp, avant-garde design and a premium-feeling cabin but don’t want the bulk or running costs of a full-sized 4x4, you fit the profile of a 408 owner. You likely appreciate the elevated driving position and extra ground clearance it provides, choosing a vehicle that prioritises striking fastback aesthetics and long-distance comfort over aggressive off-road capability.
Before committing to the 408, the most natural competitor to explore is the Citroën C5 X, which shares the same mechanical platform but leans further into a soft, ultra-comfortable ride quality. The Cupra Formentor is another strong alternative for those who want a similarly low-slung, sporty crossover silhouette but with a firmer, more performance-oriented edge.
The exact cost of a Peugeot 408 lease will vary depending on a number of factors including the vehicle's value, the expected resale value of it and there are a few choices you make which can affect the cost and are:
Additionally, if you choose to make a larger initial rental payment it will reduce the regular monthly payments. The total cost of the lease remains the same but because you've paid a larger portion at the start your monthly rentals will go down.
Here at Xcite Car Leasing your quoted price will include:
You can also choose to add a maintenance package for a low monthly cost that will cover the regular maintenance, servicing and MOTs during your lease.
Lease through us and you gain the peace of mind that comes from knowing we've got over 2 decades of experience under our belts.
It's up to you whether you want to add a maintenance package to your lease agreement. Our leasing consultants are happy to give you quotes that do and don't include maintenance for you to compare and will be able to give you a more detailed breakdown of what that package will include for you.
We think the Peugeot 408 is a great car. If you're looking for a roomy vehicle that stands out from the crowd then this is the one for you.