In-depth reviews

Peugeot 508 SW Hybrid running costs, insurance, warranty & tax

The 508 Hybrid's road tax and company-car BiK rates will be very attractive to some customers, while Peugeot's warranty is better than many

Overall rating

3.5 out of 5

Running costs & insurance rating

4.0 out of 5

Insurance groupWarrantyService intervalAnnual company-car tax cost (20%/40%)
31-343yrs / unlimited milesTBCFrom £936 / £1,872

While the 508 SW Hybrid’s fuel-economy figures should be appealing, so too will its low tax figures prove compelling for both private owners and company-car drivers. High fuel efficiency means low CO2, and that results in minimal tax ratings and has a positive effect on BiK, too. The car compares well with rivals in both its own sector and more premium marques in this respect.

Peugeot 508 SW Hybrid insurance group

Insurance groups are very similar to that of the fastback 508 Hybrid, and just a touch higher on the GT. Allure trim falls into group 31 and GT Line into group 33, while the GT is one group higher than its fastback equivalent, at 34. This puts the car roughly in line with the equivalent BMW 330e Touring.

Warranty

Like other Peugeots the 508 SW Hybrid gets a two-year/unlimited-mileage warranty as standard, with a third-year/60,000-mile upgrade also offered. That's far from industry-leading, but still favourable in comparison to rivals – Skoda’s three-year warranty is capped at 60,000 miles, and BMW’s 330e has a 100,000-mile limit.

Servicing

Peugeot hasn't yet confirmed service costs and intervals for the 508 SW Hybrid. It offers monthly plans for its vehicles though, and the closest comparison can be drawn with existing petrol and diesel 508s, coming in at £14 a month for a 36-month/30,000-mile package, rising to just over £17 per month for a 60-month/50,000-mile plan. The plans can be purchased up to 12 months after the date of first registration.

Road tax

The 30-34g/km of CO2 quoted by Peugeot will be easy to appreciate, as it results in zero road tax (VED) for the first year of ownership and £145 a year thereafter, plus correspondingly low BiK rates for business users. That said, some models in the range break the £40,000 surcharge barrier, so owners of these will pay an additional £335 yearly the first five times the tax is renewed.

Most Popular

Polestar 2 now with 395-mile range and faster charging
Polestar 2 updated
News

Polestar 2 now with 395-mile range and faster charging

The Tesla Model 3 rival gets major updates for the 2024 model year; order books open now, with prices starting from £44,950
24 Jan 2023
New Peugeot e-3008 electric SUV to offer 435-mile range
Peugeot e-3008 teaser
News

New Peugeot e-3008 electric SUV to offer 435-mile range

Peugeot’s first bespoke EV will be available with all-wheel drive and is due to be revealed later this year
26 Jan 2023
First look at new Ford electric SUV ahead of 2023 reveal
Ford medium-sized crossover prototype
News

First look at new Ford electric SUV ahead of 2023 reveal

The as-yet-unnamed EV is expected to debut in March and will be built on the same platform as the Volkswagen ID.4 SUV
23 Jan 2023