However, it does undercut two cars that Peugeot probably had in its sights at the development stage: the Audi A5 Sportback and BMW 4 Series Gran Coupé, both of which have the same kind of styling but the advantage of a premium badge on the nose.
Sadly, PCP costs that look rather high don't help the 508's case, but it makes plenty of sense as a company car, particularly in 1.5-litre diesel automatic spec. If you prefer to shift gears yourself or just want to save some money, the manual 1.5-litre diesel is very nearly as economical, and the 1.6 Puretech 180 petrol is also very competitive for a car of its type when it comes to fuel-efficiency.
A long list of standard safety equipment adds appeal, with lane-keeping assistance, automatic emergency braking with pedestrian detection and a driver attention monitor all fitted across the range. Indeed, EuroNCAP awards it five stars, with very high ratings for adult and child occupancy protection. In terms of overall equipment levels, the second of the four rungs on the spec ladder – Allure – strikes the best balance between luxuries and affordability.
In the 2018 What Car? Reliability Survey, Peugeot finished a disappointing 24th out of 31 in the manufacturer table. It's too early for specific data on the 508, but its three-year, unlimited-mileage warranty is only average for the class.
For all the latest reviews, advice and new car deals, sign up to the What Car? newsletter here