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 sort 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 as a 1.5-litre diesel auto; this manages an average of 76.3mpg in official tests, with correspondingly low CO2 emissions of just 98g/km giving it a benefit-in-kind (BIK) tax rate of just 24%.
The cheaper manual 1.5 still manages 74.3mpg in the lab (although low 50s is more realistic in the real world) and a CO2 output of 101g/km, placing it in the 25% BIK group. Meanwhile, the 1.6 Puretech 180 petrol also comes in at 25%, which is very competitive for a car of its type.
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. But the second of the four rungs on the spec ladder – Allure – strikes the best balance between luxuries and affordability.
In our latest 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.
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