Peugeot e-2008 Motor Finance - Owner Information | MLJ.org.uk

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Peugeot e-2008 Motor Finance - Owner Information | MLJ.org.uk

Last updated: 27 February 2026

The Peugeot e-2008 was commonly sold on Personal Contract Purchase (PCP) and Hire Purchase (HP) finance agreements during a significant period under investigation by the Financial Conduct Authority (FCA). This investigation, spanning from 6 April 2007 to 1 November 2024, uncovered widespread mis-selling practices in the motor finance industry that affected millions of consumers.

How the Peugeot e-2008 was Typically Financed

The Peugeot e-2008, a popular electric vehicle model, was often financed through PCP and HP agreements with typical amounts ranging from £15,000 to £30,000. Common lenders that provided finance for this model include Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance. In a PCP agreement, the borrower typically pays monthly instalments over 36 to 48 months with a balloon payment or Guaranteed Minimum Future Value (GMFV) at the end of the term. This GMFV is an estimate of what the vehicle will be worth at the end of the contract and can often lead to confusion if not accurately assessed.

The FCA Motor Finance Investigation

The FCA investigation revealed that many finance agreements, including those for the Peugeot e-2008, were affected by discretionary commission arrangements. These arrangements allowed lenders and brokers to receive additional fees based on the terms of the agreement, potentially influencing the advice given to consumers. According to the FCA estimates, 12.1 million eligible agreements (FCA, March 2026) impacted (FCA estimate), resulting in an average loss per consumer of £829 (FCA estimate) with a total estimated impact of £7.5 billion (FCA, March 2026). These practices raised concerns about whether financial advisors and dealerships provided unbiased advice, potentially leading consumers to choose finance options that may not have been in their best interests.

How to Check Your Agreement Look for specific dates within the period from 6 April 2007 to 1 November 2024. check if your agreement includes references to "Discretionary Commission Arrangements" (DCA) or similar terms indicating that additional commissions were paid based on the finance deal's structure.

If you find any discrepancies or suspect mis-selling practices in your agreement, it is advisable to seek further guidance and consider making a formal complaint directly to your lender. Common lenders for Peugeot e-2008 include Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance.

How to Complain Directly to Your Lender for Free

If you believe that your finance agreement for the Peugeot e-2008 was mis-sold due to discretionary commission arrangements or other unfair practices, you can complain directly to your lender. Common lenders such as Black Horse, Barclays Partner Finance, Close Brothers Motor Finance, MotoNovo Finance, and Santander Consumer Finance all have dedicated customer service teams who will handle your complaint without requiring any third-party involvement. You do not need a claims management company to assist with this process; you can file your complaint directly and for free. Providing clear details about the issues encountered in your finance agreement can help facilitate a swift resolution from your lender's end.

Sources and References

Financial Conduct Authority (FCA) estimates on mis-selling cases: 12.1 million eligible agreements (FCA, March 2026), £7.5 billion (FCA, March 2026) total impact, FCA-estimated scheme average of £829 per eligible agreement per consumer.
FCA investigation period: 6 April 2007 to 1 November 2024.

Peugeot 2008 MOT Pass Rate

Based on 73,733 MOT tests conducted in 2024 (source: DVSA anonymised test data), the Peugeot 2008 has a pass rate of 79.8%. This is close to the national average of 79.6%, meaning the 2008 performs about average in MOT testing.

The 2008 pass rate is better than the overall Peugeot average of 77.1%. The average mileage at MOT for this model is 57,461 miles.

MOT pass rate: 79.8%
MOT failure rate: 20.2%
Tests analysed: 73,733 (2024 DVSA data)
Average mileage at test: 57,461 miles
Peugeot average pass rate: 77.1%
National average pass rate: 79.6%

Data source: DVSA anonymised MOT test results 2024, published under the Open Government Licence v3.0.

Frequently Asked Questions

What are common issues related to motor finance for Peugeot e-2008 cars?

Common issues include mis-selling practices such as unsuitable loan terms or insufficient disclosure of fees and charges associated with financing a Peugeot e-2008. Consumers may face difficulties understanding the full implications of their agreements.

How can I check if my Peugeot e-2008 motor finance agreement was mis-sold?

Review your contract for unclear terms, high interest rates compared to market standards, or any pressure selling tactics. Consulting with a financial advisor or legal expert can provide clarity on whether the agreement was mis-sold.

What should I do if I suspect my Peugeot e-2008 finance deal was not properly explained?

You have the right to complain directly to your lender for free. Provide them with evidence of any misunderstandings or discrepancies in the agreement terms related to your Peugeot e-2008 car financing.

Is it necessary to use a claims management company if I think my Peugeot e-2008 finance was mis-sold?

You do not need a claims management company. You can handle the complaint process yourself by contacting your lender directly or seeking legal advice from an independent solicitor.

Important: MLJ.org.uk is an independent information resource. We are not a claims management company, solicitor, law firm, or financial adviser. We do not process claims, take fees, or provide advice. Where the law gives you a right to complain or claim directly (to a lender, council, FOS, court, or regulator), you can do so without paying a third party. MLJ.org.uk is operated by Copious Ltd, registered in England and Wales, company number 11437826.