This Peugeot 508 is a standout among cheap used cars, fitting neatly into the category of used cars under 10000 (and even used cars under 5000), offering exceptional cost-effectiveness for budget-focused buyers. The original new car price was approximately $29,243, and as per current used car prices, it is now priced at around $3,114, saving you about $26,129. For routine annual maintenance cost—a key consideration for anyone investing in a used car—including oil changes, filter replacements and basic inspections, the cost typically ranges from $150 to $250. The 2.0L engine uses widely available parts with reasonable pricing, including easy-to-source used car parts for any future repairs, and the vehicle is projected to have stable used car values over the next three years, minimizing depreciation losses for owners.