In 2021, Peugeot raised the bar with the then-new 3008 family crossover SUV. Featuring new tech and Euro styling that set it apart from the rest of its segment competitors, the 3008 was a game changer for the French brand. Four years have passed, and it's time to see what the 3008 is worth on the used market.
How do I find out how much my used car is worth?
There are many ways that you can ascertain what the value of your car may be. You can scour the internet, gathering info on similar makes and models as yours, you can search local listings to see what similar models are commanding in the market, you can approach a dealer for a valuation or you can make use of the free valuation tool on AutoTrader to see what types of value your particular vehicle has.
How to find out how much Peugeot 3008 is worth
No matter your chosen method you will need to have some information on hand to get as accurate a pricing as possible. You will need to have year, make, model, mileage, service history, and condition. Using any aggregator will give you a rough idea of how much you can expect when selling or buying but you should always take these numbers with a pinch of salt as variances do occur especially when it comes to a busy market segment such as the medium-sized crossover where there are a lot of competitors.
What affects the value of your Peugeot 3008?
All the above-mentioned factors influence the price that someone is willing to pay for the vehicle. Most buyers will be looking for a good condition and popular model that is not too old and has a good service history. These types of vehicles usually pull the best pricing. If any of these factors is in or at an undesirable point it will affect the price that it will sell for. Another factor to bear in mind is volume, if there is an oversupply of a particular type of vehicle or adversely not enough and a high demand, this will also affect the price that a vehicle can carry.
Does the Peugeot 3008 hold its value?
When the 3008 was released in 2021 it went on sale at a price of R514 900, 4 years on, and currently, the average price of the same model is R390 -R400k, meaning that the 3008 has depreciated by roughly 12.5% and R120K. This bodes well for the European brand as it has maintained its value fairly well.
How to increase the value of Peugeot 3008
You can do a few small things to ensure that your 3008 will be worth as much as possible when comes time to sell. You can keep the vehicle in as good a condition as possible, stick to the service schedule, perform regular maintenance, and last but not least, keep it clean.
Keyword: How much is my Peugeot 3008 worth?