Peugeot e-208: Is the €150/month version worth it?

This page is translated from the original post "Peugeot e-208 : que vaut la version à 150 euros / mois ?" in French.

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PEUGEOT e-208 électrique

You can now travel in a Peugeot e-208 from 150 euros per month with the new “Customized Lease PEUGEOT” offer.

In a context of purchasing power crisis, Peugeot has developed the “Customized Lease PEUGEOT” offer to allow its customers to drive an electric car starting at 150 euros per month with 500 km included.

Furthermore, this offer will be available on the e-208, e-2008, and soon e-308 models. This could allow new customers to get started with electric driving through Long-Term Rental (LTD). Specific conditions will be detailed later in the article, so you can make an informed decision.

An offer perhaps golden for everyone who wants to drive an electric car without breaking the bank! 

Our analysis of the Peugeot tailor-made offer

Mileage

The Peugeot tailor-made offer looks tempting at first glance. A rent of 150 euros per month, with 500 kilometers included, sounds good for the wallet. However, be sure to read the offer’s conditions carefully, as Mobiwisy has done for you.

Beyond the initial 500 km, each additional kilometer will be billed at 0.07 euros. The Ministry for the Ecological Transition, in its transport report 2019, estimates that the French drive an average of 12,200 km per year (about 1,017 km per month). Based on this data, an additional 517 km would be billed, totaling about 36 euros more on your monthly rent. 

However, note that the excess mileage resets every month. You only pay based on the kilometers you drive each month.

Details of the offer

This €150 monthly rent applies only to the basic e-208 Like new model. To help you understand, we made a comparison between the two LTD options available for the e-208 Like (excluding options as of April 7, 2023): 

LTG at €150 /month
“Peugeot tailor-made offer”
LTG at €208 /month
“Standard”
Duration of the LTD36 months37 months
Included mileage500 km / month 
Approximately 6,000 km/year *
30,000 km
Approximately 10,000 km/year **
First rent3,150 € 
(12,650 € without bonus)
4,100 €
(11,100 € without bonus)
Ecological bonus5,000 €
(+ 2,000 € under certain conditions)
5,000 €
(+ 2,000 € under certain conditions)
Conversion bonus2,500 €/
Cost of the lease8,400 €11,588 €
Lease cost
(12,200 km/year or 1,017 km/month)
9,660 €
186 € / month
12,056 €
221 € / month
*Each additional km billed at €0.07 / **Each additional km billed between €0.06 and €0.09
©Mobiwisy/Anna Schuurmans

You will notice that this comparison shows a theoretical advantage for the LTD at €150 per month. However, to qualify for a conversion bonus, you must have your vehicle taken back: diesel before January 1, 2011 or gasoline before January 1, 2006.

This is undoubtedly an attractive offer, suitable for city dwellers as well as long-distance travelers. But be aware that it is only available from April 1st to April 30th, 2023!

Also read: Peugeot e-208, how much does charging an electric city car cost?

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