Peugeot 307 insurance group & costs

The Peugeot 307 was first manufactured in 2002 to replace the 306. In 2005, it received a facelift in order to keep up with the competitive market, until it was replaced by the 308, and production was ceased in 2008.

Keep reading to find out more about Peugeot 307 car insurance costs and how you could save on your premiums.

Peugeot 307 insurance cost by driver’s age

• How we got these rates

  These rates are based on the average cost of cover for cars in the insurance groups shown, for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: June 2024 (source: Confused)

Average Peugeot 307 insurance rates

To provide you with an idea of how much it may cost you to insure your Peugeot 307, we ran several quotes to find an average figure. Our results estimated that you could insure your Peugeot 307 with a comprehensive policy for the average monthly price of £61.66, or an annual sum of £681.34. To run these quotes, we used the following information:

• The car is a 2008 model
• The driver is a 30-year-old teacher from London
• Manual transmission
• Petrol
• 10,000 mileage per year
• Factory fitted Thatcham approved alarm system
• Used for social, domestic and commuting purposes
• The car is not modified
• The car is parked in a car park during the day
• The car is parked on a driveway at night
• Five years no claims discount
• No driving or other convictions for the past 5 years

Which factors affect my Peugeot 307 insurance rate?

There are a number of factors that may be influential on your premium rate. These factors include:

• Your age, marital status, job and where you live
• The model and age of your car
• Your car’s safety rating, security and any anti-theft precautions
• Annual mileage
• Your driving history and activity
• The size of your car’s engine
• No claims discount

How can I save on my Peugeot 307 premiums?

When it comes to your premiums, there are several tricks that you could try to save some money. We’ve devised a list of tips for you to try below:

• Pay annually rather than monthly. By paying annually, you could save an average of £58.58 a year.
• Make yourself a secure investment. By keeping a clean history of no claims and a good credit rating, you may be rewarded by your provider with lower premiums.
• Be economical about your car usage. By limiting your car usage, you will keep your mileage, and thus your premiums, low.
• Don’t just accept your renewal quote. When it’s time for renewal, make sure you look around and compare some quotes before you consider accepting your renewal quote.
• Install extra safety precautions. As providers don’t like to insure risks, the safer you can make your vehicle, the lower your premiums may become.
• Avoid driving convictions. Convictions of any kind will increase the price of your premiums, so do your best to avoid any.

Peugeot 307 facts

• The Peugeot 307 was awarded the European Car of the Year award in 2002.
• The 307 continued to be produced and sold in China and South American markets until 2014, even though production in Europe had ceased in 2008.
• Peugeot announced a diesel-electric hybrid engine for the 307 that would launch in 2010. However, by then they had ceased production on the 307, and the hybrid was never launched.

Bottom line

The Peugeot 307 has never been considered one of the best hatchbacks on the road, even at its relatively low price point. With that said, it is relatively cheap to insure and you can reduce the cost of your premiums even further.

Frequently asked questions

• What is the top speed of a Peugeot 307?

  Depending on the model version, you can expect a Peugeot 307 to reach a top speed of 190 kilometers per hour.

• Is the Peugeot 307 safe?

  The Peugeot 307 was tested by Euro NCAP under their old testing system in 2001. Whilst we’re unable to give you an overall rating for its safety, the Peugeot 307 scored 4/5 for its adult occupant safety, and 2/4 for its pedestrian safety.

  Unfortunately, due to the model’s age and the fact it is no longer in production, the 307 doesn’t come with all the fancy, safety technology of modern cars. However, as standard, the 307 comes with a selection of safety features that will offer you great protection. As well as a wide range of airbags, the 307 comes with ABS and electronic brake force distribution to prevent your wheels from locking, as well as maximising your braking power, if you have to perform an emergency brake.

  As previously mentioned, the safer and more secure you can make your vehicle, the lower your premiums may become. Whilst you may wish to invest in some optional safety measures for your 307 in order to lower your premiums, the extras available are fairly limited. The only feature worth considering is the ESC, or electronic stability control, which monitors your car’s behaviour and prevents skidding.

• How much car tax do I have to pay for the Peugeot 307?

  The UK standard car tax rate sits at £150 per year. However, you might pay more or less depending on your car’s emissions.

• Where can I buy a Peugeot 307?

  You can buy a Peugeot 307 from dealerships, online sellers or a current owner.

• Where can I find Peugeot 307 car insurance?

  You can compare the costs of Peugeot 307 car insurance using any price comparison website.

• Is a Peugeot 307 expensive to insure?

  The Peugeot 307 can be found in insurance groups ranging from 15 to 21. This means they’re cheaper than the average vehicle to insure.

Written by

Danny Butler

Publisher

Danny is a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance. Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC. See full bio

Danny's expertise

Danny has written 368 Finder guides across topics including:

• Car, home and business insurance
• Helping people save money on their insurance
• Project management
• Giving valuable insights to website visitors