The electric vehicle market is often dominated by utilitarian designs, but the Peugeot E-408 stands out by combining distinctive, coupe-like styling with the practicality of an SUV. For drivers seeking a premium feel without the premium price tag, a new leasing deal makes this 2026 facelifted model accessible for just £199.33 a month.
This offer highlights a growing trend in the EV sector: manufacturers are increasingly focusing on design and interior comfort to differentiate their products in a crowded market. The E-408, updated for 2026, represents a compelling option for those who value aesthetics as much as efficiency.
The Deal: Low Monthly Costs with Flexible Terms
The current promotion is available through Select Car Leasing via the Auto Express Buy A Car service. The standard contract runs for two years, offering a low entry point for short-term commitments.
- Standard Option: An initial payment of £2,745.96 covers the first 12 months, resulting in monthly payments of £199.33 for the remainder of the term.
- Lower Upfront Cost: By reducing the initial payment period to nine months, drivers can save approximately £400 upfront. This adjusts the monthly cost to £219.12.
Important Considerations for Drivers:
* Mileage Caps: The default allowance is 5,000 miles per year, making this deal particularly suitable for urban commuters or secondary household vehicles.
* Higher Mileage Option: For those who drive more, an allowance of 8,000 miles per year is available for an additional £25.71 or £28.25 per month, depending on the chosen initial payment plan.
Performance and Practicality
Despite its striking appearance, the E-408 remains a practical daily driver. Under the metal, it features a 58.3kWh battery paired with a 207bhp electric motor.
- Range: Peugeot claims a maximum range of 280 miles, which is competitive for mid-sized electric SUVs and sufficient for most daily commutes and regional travel.
- Charging Speed: The vehicle supports DC fast charging up to 120kW. This allows the battery to charge from 20% to 80% in approximately 31 minutes, facilitating quicker stops during longer journeys.
Interior and Equipment
Even at the entry-level Allure trim, the E-408 does not compromise on luxury or technology. The cabin is designed to feel plush and modern, featuring Peugeot’s signature i-Cockpit layout, which includes a compact steering wheel and a high-mounted digital instrument cluster for an intuitive driving experience.
Standard equipment includes:
* 19-inch diamond-cut alloy wheels
* Full LED headlights
* A high-quality interior finish that rivals more expensive competitors
This level of specification is notable, as many manufacturers reserve key aesthetic and comfort features for higher trims. The E-408 demonstrates that premium styling and comfort can be accessible at lower price points.
Why This Matters
The availability of the E-408 for under £200 a month signals a shift in how electric vehicles are marketed. Rather than focusing solely on range anxiety, automakers are leveraging design and interior quality to attract buyers who might otherwise stick with traditional combustion engines. This deal is particularly relevant for drivers who:
1. Drive relatively low annual mileage.
2. Prefer short-term flexibility over long-term ownership.
3. Value distinctive styling and a premium cabin
