2026 Peugeot 208True Cost of Ownership in Nigeria
100 hp turbocharged inline-3, popular European subcompact, 2026 model. Full cost breakdown including import duty (35%), VAT (7.5%), insurance, fuel at ₦0.55/L, maintenance, and depreciation.
Purchase Price
$35K
Base: $24K
Annual Total
$6K
Insurance + fuel + maintenance
Import Duty
$8K
35% of base price
VAT
$2K
7.5% applied
Annual Insurance
$550
Avg for this country
5-Year Total
$67K
Purchase + 5yr running costs
2026 Peugeot 208 — Full Cost Breakdown in Nigeria
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $24K |
| Import Duty (35%) | $8K |
| VAT / Sales Tax (7.5%) | $2K |
| Total Purchase Price | $35K |
| Annual Insurance | $550 |
| Annual Fuel Cost | $495 |
| Annual Maintenance | $354 |
| Annual Depreciation | $5K |
| Registration & Road Tax | $250 |
| Total Annual Running Cost | $6K |
| 5-Year Total Cost of Ownership | $67K |
| Cost Per Kilometer | $0.430 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Peugeot 208 Fuel Cost Calculator — Nigeria
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$495
USD equivalent
Monthly Fuel Cost
$41
Per month average
Annual Liters Used
900L
At 15,000 km/yr
Cost per 100km
$3.30
6L × ₦0.55
Peugeot 208 Depreciation Curve
The Peugeot 208 loses approximately $12K (49%) of its value over 5 years.
Year-by-Year Value
| New | $24K | 100% |
| Year 1 | $19K | 80% |
| Year 2 | $17K | 70% |
| Year 3 | $15K | 62% |
| Year 4 | $13K | 56% |
| Year 5 | $12K | 51% |
Depreciation based on economy segment averages.
Peugeot 208 vs. Competitors in Nigeria
How does the Peugeot 208 compare to similar cars available in Nigeria?
Peugeot
208
Base Price
$24K
Annual Cost in Nigeria
$6K
Toyota
Yaris
Base Price
$22K
Annual Cost in Nigeria
$4K
Honda
Fit
Base Price
$21K
Annual Cost in Nigeria
$4K
Hyundai
i20
Base Price
$20K
Annual Cost in Nigeria
$4K
Annual costs estimated for Nigeria market. Import duty (35%) and VAT (7.5%) applied to all models.
🇳🇬 Owning a Car in Nigeria
Low fuel cost but poor road infrastructure.
Very Expensive for Nigeria
Annual car costs = 293% of average Nigeria income ($2K/yr)
Average Annual Income
$2K
In Nigeria
Fuel Price
₦0.55/L
Gasoline dominant
Avg Car Insurance
$550
Per year
Import Duty
35%
On vehicle value
VAT / Sales Tax
7.5%
Applied at purchase
Driving Side
Right-hand
Africa
Popular Car Brands in Nigeria
Peugeot 208 in Nigeria — Frequently Asked Questions
Common questions about owning a Peugeot 208 in Nigeria.
The 2026 Peugeot 208 has a base price of $24,000 USD. In Nigeria, after 35% import duty and 7.5% VAT, the total purchase price is approximately $34,830 USD (₦34,830 NGN).