2005
Manual
47.9 mpg
Tax: £240
Mileage: 137,784
Diesel
2009
47.1 mpg
Tax: £255
Mileage: 75,078
Replacing the much-loved 406 was no easy task for Peugeot. Not only did the car have to live up to the lofty standards set by its predecessor, it also had to compete in a market that was being squeezed from above by premium marques like BMW and Audi and from below by increasingly sophisticated family hatches. In order to stand out, Peugeot needed to create a car that made a definitive statement and the 407 did just that. A return to a more French kind of car, the 407 offered very good build quality, excellent ride and refinement and distinctive styling. Used examples are now beginning to appear in meaningful numbers and can represent a very cost effective way of landing a high quality modern medium range family car.
As a used buy, there's a lot to like about Peugeot's 407. A car that works a lot better in the metal than in many pictures, it's slightly undervalued by the trade and you should be able to pick up a low mileage example with a hefty percentage of its new value wiped out. The 2.2-litre petrol engine and the 3.0-litre diesel units are the pick of the range although the 3.0-litre petrol is an attractive choice if you can stomach the fuel bills.
Borrow £6,000 with £1,000 deposit over 48 months with a representative APR of 18.1%, monthly payment would be £172.36, with a total cost of credit of £2,273.28 and a total amount payable of £9,273.28.
