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Is Peugeot a luxury car?
I read that Peugeot plans on entering the American market in 2023. While I saw a few of these cars when I was in Europe, I don’t know much about them. Would a Peugeot be considered a luxury car?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re right about Peugeot returning to the American market in 2023 after pulling out in 1991. However, Peugeot is not considered a luxury car in any other market across the globe. With that said, the French-made Peugeot is still an exciting option for people looking for something a little different.
Some of the features of new Peugeots in the American market include:
- Diesel or gas-powered options, the latter of which offers a robust but efficient 1.6-liter turbo-four
- Comfortable interior
- 10-inch digital touch screen
- 12.3-inch instrument cluster
- Apple CarPlay and Android Auto
The lauded Peugeot 508 is estimated to cost between $36,000 and $50,000 when it hits American markets. And while Peugeot isn’t a luxury brand, it plans to compete with the
BMW
3-series and the Mercedes-Benz A-Class in terms of the target market and price point.While you will still need to wait another year to buy a Peugeot in America, it doesn’t hurt to look for affordable auto insurance while you’re waiting. A great place to start is with the
Jerry
app.Jerry is a licensed insurance broker that will collect quotes from the nation’s top-rated insurers in minutes. After you find a great rate, Jerry can help you buy new insurance and cancel your old policy. Users save an average of $887 per year.
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- Gregory R.
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