Tesla Model 3 vs Peugeot 508
What's the difference?

Tesla Model 3

$54,900 - $80,900

2026 price

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Peugeot 508

—

2024 price

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Maserati Quattroporte

Mazda 6

Mazda Cx-6E

Mercedes-Benz A200

Mercedes-Benz C-Class

Mercedes-Benz C43

Mercedes-Benz C63

Mercedes-Benz CLS-Class

Mercedes-Benz E-Class

Mercedes-Benz EQ-Class

Mercedes-Benz EQS

Mercedes-Benz S-Class

Renault Megane E-Tech

Renault Scenic E-Tech

Summary

2026 Tesla Model 3

2024 Peugeot 508

By James Cleary

By Emily Agar

Safety Rating

Electric motor type

Permanent Magnet

Turbo 4, 1.6L

Vehicle type

Battery Electric

Premium Unleaded/Electric

Fuel Efficiency

—

1.8L/100km (combined)

Energy consumption

13.6 kWh/100km

21.1 kWh/100km

Electric range

750 km

55 km

Battery capacity

75.00 kWh

11.50 kWh

Seating

Likes

Safety
Energy efficiency
Cabin environment

Can't fault its looks - it's sexy
Pleasant driving experience (once you get used to it)
Boot space is fab for families

Dislikes

No spare tyre
FSD unconvincing
Average ownership proposition

Multimedia system leaves you wanting
180-degree view camera is poor quality
Must charge it every day to get good fuel economy

2026 Tesla Model 3 Summary

It’s been in Australia since 2019 and despite the arrival of a comprehensively upgraded version in late 2023, the Tesla Model 3’s once gargantuan popularity has been declining in recent years.

A seemingly never-ending influx of pure-electric alternatives, primarily from China, has eroded the mid-size sedan’s positioning as the go-to, best-value EV choice.

But to its credit Tesla has again evolved the Model 3 proposition with the introduction of this Long Range Rear-Wheel Drive grade in October last year, at the time positioning it as “the longest-range EV in Australia”.

Since then, Tesla has adjusted the model grade name to Premium Long Range Rear-Wheel Drive.

Some additional tweaks, made in response to customer feedback, also illustrates the EV pioneer’s determination to step up in the face of increasingly fierce competition.

So, does this latest Model 3 do enough to earn a spot on your electric vehicle shopping list? We spent a week behind the wheel to find out.

@carsguide.com.au ‘Dog Mode’ in the Tesla Model 3 is a life-saver for four-legged friends in the summer heat.🐾 #tesla #model3 #ev #cartok #doggosdoingthings ♬ original sound - CarsGuide.com.au

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2024 Peugeot 508 Summary

The humble station wagon has fallen by the wayside in favour of the ever-popular SUV, however, it was once more common for a very good reason.

It offers the space many families crave without having to upsize into a vehicle that can feel big and bulky.

A lot of drivers enjoy the sportier on-road feel and the good-looking styling that often accompanies a wagon. Enter the Peugeot 508 Sportswagon. A model that proves wagons can be hot.

I’m family-testing the top GT plug-in hybrid model this week but there’s not a lot to compare it to because of the interesting engine specs.

So, we’re being a bit cheeky and doing an ‘apples with oranges’ comparo instead.

Being on the premium end, the 508 Sportswagon faces competition from the Audi A4 Allroad 45 TFSI, Genesis G70 Shooting Brake and Volvo V60 Cross Country Ultimate.

It certainly has the looks to turn heads but we’re sussing out whether it’s a practical alternative for families, too.

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Deep dive comparison

2026 Tesla Model 3 2024 Peugeot 508

Verdict

Tesla has done enough with the introduction of this Premium Long Range RWD variant to keep the Model 3’s head well and truly above water in an increasingly competitive segment. After more than six years it still looks good, with a pleasant cabin environment, plenty of performance and leading energy efficiency. Safety is top-shelf and it stands up well in terms of practicality and driving dynamics.

That said, the ownership proposition is average, the determination to make so many functions screen-based is frustrating and the optional Full Self-Driving system is unconvincing. With the Model S and Model Y now discontinued globally it will be interesting to see how the Model 3 continues to evolve.

Verdict

The Peugeot 508 Sportswagon GT PHEV proves wagons can be extremely stylish but looks aren’t everything and it is an expensive option compared to its luxury rivals. It earns its place with the premium interior but the safety could be improved on and the tech is more confusing than it needs to be. But this wagon offers an alternative for families who are sick of being in an SUV yet still need a little extra space.

My son didn’t go nuts over this and complained about his view.

Tesla Model 3 vs Peugeot 508 What's the difference?

Summary

Deep dive comparison

Verdict

Verdict

Tesla Model 3 vs Peugeot 508
What's the difference?