Peugeot 308 Leasing

Your Peugeot 308 leasing decision

The Peugeot 308 offers a hatchback or SW estate with hybrid, plug-in hybrid, diesel and electric choices in the current UK range. Intelligent Vehicle Finance helps business and personal drivers separate body style, model year and charging needs before comparing the exact derivative and contract terms.

Peugeot 308 business leasing: start with the load you carry

The 308 suits a driver who wants a conventional hatchback footprint and a considered cabin, with the option to move to an estate without changing the basic brief. For a small business, that might mean a car used for client visits during the week and family luggage at weekends. The first useful choice is therefore the shape of the car, before trim or engine output.

Put the equipment you carry most often on a list: work bags, demonstration cases, a pushchair or sports kit. A hatch can be perfectly suitable when those fit below the parcel shelf. The SW deserves a separate look when longer objects travel with passengers. Check the actual opening and floor, because a headline capacity does not explain how an awkward case will pass through the tailgate.

If you want a high seating position or regularly move tall, bulky loads, also try another body style before settling on the 308. Our recommendation is to test the driver’s position and boot with your own needs in mind. This is a shortlist assessment, not a claim that we have road-tested your chosen derivative.

Peugeot 308 leasing: key facts

• Current UK range checked 28 September 2026: hatchback and SW estate, with several powertrain choices.
• Peugeot lists Hybrid 145, Plug-in Hybrid 195, Diesel 130 and E-308 156 hp; these are different powertrains.
• Current trims include Allure, GT and GT Premium; equipment must match the supplied model year.
• Peugeot quotes up to 412 litres for the current hybrid/diesel hatchback boot; electric and PHEV capacities differ.
• IVF’s captured grid contains hatchback and estate rows, including both 54kWh and 55kWh electric labels.
• GOV.UK: the maximum company-car BiK band is 37% in 2026/27 and 39% in 2029/30; the exact car can fall in a lower band.

Talk through the Peugeot 308 specification

Compare the Peugeot 308 options

308, 408 or Astra: compare the task before the badge

These are alternative customer tasks, not claims that the cars share identical equipment or measured performance.

Which 308 versions appear in the leasing grid?

On 28 September 2026 the IVF route showed Hybrid 145, BlueHDi diesel and Plug-in Hybrid 195 rows across hatchback and estate bodies. Allure, GT and GT Premium appear in those families. Electric entries include 115kW cars labelled 54kWh or 55kWh, while a PureTech GT petrol row also remains. A catalogue label is a starting point for a quotation, not confirmation that every version is currently being built.

Peugeot’s current UK information identifies the revised hybrid, plug-in hybrid, diesel and electric range. The PureTech row should therefore be checked for its exact model year and supply position before it is compared with the revised Hybrid 145. Likewise, do not apply the latest E-308 battery or equipment description to the older 54kWh-labelled entries.

Ask IVF to write the body, powertrain, trim, model year and any options on one specification sheet. If two offers look similar, compare those fields first. The grid displays rentals; changing the vehicle, mileage, term or maintenance basis can change the quotation, so the displayed ordering is not a technical ranking.

Hybrid, plug-in hybrid or E-308: decide by routine

A non-plug-in Hybrid 145 suits a routine where the driver will refuel but does not have a dependable place to connect a charging cable. Its hybrid system does not make it a zero-emission company car. The Plug-in Hybrid 195 adds a charging requirement if you want to use its electric capability regularly. Think about who will connect it and where it will stay overnight.

The E-308 asks a different question: can your ordinary and exceptional journeys be completed with a charging plan you are willing to follow? Check the home installation, workplace access and a realistic motorway stop. Battery figures in catalogue names are not a promise of usable capacity, distance or charging duration. Have the supplied car’s battery and official test data matched before relying on a figure.

For frequent long trips, weigh the practical diesel option against your route and access requirements rather than assuming that annual mileage alone decides the answer. A week of short local errands and one long journey creates a different choice from repeated full motorway days. Separate energy use, driver tax and the lease terms when comparing the alternatives.

Try the i-Cockpit and the exact luggage layout

The 308’s compact steering wheel and elevated instrument view are central to Peugeot’s cabin approach. During a demonstration, set the seat and wheel as you would for a long journey, then check that the instrument display remains easy to see. If the car will be shared, each regular driver should do this rather than relying on one person’s preferred position.

Peugeot’s current hatchback information gives different boot volumes by powertrain. That is a reason to inspect the actual hybrid, plug-in hybrid or electric car, not to borrow the largest figure for every 308. For the SW, repeat the check with rear seats occupied and the luggage cover in place. Decide where a charging cable will live when the main load area is full.

Trim upgrades should solve a particular problem. If night driving, seat adjustment or parking cameras matter, ask which features are standard on the exact derivative and which require a pack. Check the demonstrator’s specification against the quotation. An attractive showroom example can carry equipment that is absent from another car with the same broad trim name.

Make the 308 quotation specific enough to compare

For a pool car, record the different drivers and their typical journeys, not just the owner’s commute. For a private car, include holiday mileage and the second driver’s luggage or seating requirements. On a plug-in version, agree how charging costs will be recorded where relevant. Those details help avoid choosing a powertrain around a routine the car will rarely follow.

The 408 offers a different shape within Peugeot, while the Astra is another route for a hatchback or estate shortlist. Use those comparisons to test access, driving position and loading rather than treating similar engine labels as proof of identical cars. Bring back a short list of essential features so the final discussion stays focused.

Before accepting a proposed 308, check warranty start date and limits, servicing obligations, the exact wheel specification and the treatment of road-tax changes. A manufacturer service or care programme is not automatically the same as a funder’s maintenance contract. Ask for the applicable documents so you can see what continues throughout your proposed agreement.

Peugeot 308 company-car tax across the lease

The 308 spans zero-emission, plug-in and combustion choices, so a single company-car percentage would be misleading. Use the electric path only for E-308. The conditional plug-in and CO2 rows below help frame the question for the exact vehicle, including certified emissions and any applicable employment-benefit easement.

Company-car BiK benchmarks, 2026/27 to 2029/30

For private use by an employee or director, P11D value multiplied by the appropriate percentage normally gives the taxable benefit. Personal tax depends on the individual’s income-tax rate and adjustments. Sole traders follow different rules. Confirm the exact car’s documents; these are conditional bands, not rates assigned to every listing.

The electric-mile bands are HMRC thresholds, not driving-range promises. Some PHEVs with certified CO2 above 50 g/km qualify for an employment-benefit easement, depending on registration date, electric range and Euro status. Check HMRC’s PHEV conditions. This does not preserve the old range-based bands after April 2028 or determine rental deductions.

Sources checked 28 September 2026: HMRC 2026/27 and 2027/28, 2028/29 and 2029/30 changes and our company-car BiK guide. Tax depends on individual circumstances and may change; consult your accountant.

Road tax and costs across the term

Vehicle Excise Duty (VED). The 2026/27 standard annual VED payment after year one is £200, before any supplement. First-year tax depends on CO2; zero-emission cars pay £10. Later annual cash rates are not confirmed here. Check how the funder handles increases.

Expensive Car Supplement. In 2026/27 the supplement is £440 annually for five years from the second licence. It applies above £40,000 list price for petrol/hybrid cars, or £50,000 for qualifying zero-emission cars registered from 1 April 2025. Include relevant options and ignore discounts. Check GOV.UK and the exact car’s registration.

Planned eVED. From April 2028 the government plans 3p per mile for electric cars and 1.5p for plug-in hybrids, alongside VED, subject to legislation and implementation. CPI uprating is planned from 2029/30; later cash rates are unconfirmed. Check the eVED response and the funder’s treatment. This charge is not currently in force.

Discuss business or personal leasing

VAT and the business accounts

VAT-registered businesses can normally reclaim 50% of the VAT on qualifying car rentals where private use is available, depending on circumstances and the normal VAT rules. Full rental-VAT recovery requires exclusive business use with no private availability. Maintenance can fall outside the rental block when it is genuinely optional, separately described in the contract and separately quantified on the invoice; recovery remains subject to normal VAT rules. Read HMRC’s motoring VAT guidance.

The hire-cost rules normally disallow 15% of otherwise deductible rentals for cars above 50 g/km, subject to their scope and exceptions. A company-car BiK easement does not establish relief from this restriction. Check HMRC’s car-hire deduction rules.

For accounting periods beginning on or after 1 January 2026, revised FRS 102 generally requires a right-of-use asset and lease liability for lessees, including small companies using Section 1A. FRS 105 lease accounting for eligible micro-entities was not changed in the same way. Contract hire therefore does not universally keep a car off the balance sheet. Ask your accountant to apply the right framework; HMRC summarises the accounting standards.

Build the quotation around the way you will use it

Tell IVF your annual mileage, regular passengers, essential equipment, charging access where relevant and preferred timing. Ask for the precise model year, derivative, options and registration status to be written into the quotation. The catalogue is a starting point; the offered vehicle and funder terms need confirmation.

Business Contract Hire is taken by the business; Personal Contract Hire is taken by the private individual. Both are subject to status and individual funder criteria. Compare the initial rental, term, mileage, maintenance and applicable fees on the same basis. An initial rental is part of the hire cost, not refundable security or ownership equity.

A manufacturer warranty starts under the supplied car’s warranty terms, normally from first registration. Its time and mileage limits may finish before your lease does. It is separate from optional servicing and tyre cover. Confirm maintenance inclusions, insurance responsibilities, tax provisions and early-termination terms before signing.

At the end of contract hire, return the vehicle; there is no contractual purchase option. Excess mileage, damage beyond the funder’s fair wear and tear standard, missing equipment or other contractual charges may still be payable. Check the return process before choosing your agreement.

Useful next steps

Use Peugeot car leasing, Peugeot 408 leasing, Vauxhall Astra leasing, company-car tax guide, business car leasing to narrow your choice or discuss a quotation.

Prepare your Peugeot 308 enquiry

Peugeot 308 leasing questions

Talk through your Peugeot 308 shortlist

Intelligent Vehicle Finance is a trading name of XLCR Vehicle Management Ltd. Authorised and regulated by the Financial Conduct Authority, FRN 315268. We are a credit broker, not a lender, and we may receive a commission from lenders for introducing you to them. All vehicle finance is subject to status and individual funder criteria.

Company No. 03923327. The Melville Building, 15 Royal William Yard, Plymouth, PL1 3RP.

Editorial responsibility: Stacey Smith, Brand Director, Intelligent Vehicle Finance.

Last updated: September 2026