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.

About the Peugeot 407

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.

Representative finance example

If your borrow amount is £7,000 with a deposit of £1,000, a selected term of 48 months, at a representative APR of 17.9% (fixed) and an annual fixed interest rate of 17.9%, you would pay £171.83 per month. Total charge for credit would be £2,247.84 and total amount repayable is £8,247.84.

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