Denza B5 vs Peugeot 408
A detailed look at how two of Australia's most popular SUVs compare on price, running costs, safety, and everyday livability.
Specifications and pricing correct at time of publishing. Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.
Price Breakdown
The Denza B5 starts from $74,990 before on-road costs, while the Peugeot 408 opens at $57,990. That makes the Peugeot 408 the more affordable entry point by $17,000.
Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $82,489 and $63,789 respectively.
Over 5 years, the running costs favour the Peugeot 408 by roughly $1,280 in fuel alone.
Safety Rundown
Both the Denza B5 and Peugeot 408 hold a 5-star ANCAP safety rating. Adult occupant protection scored 86% for the Denza B5 and 79% for the Peugeot 408.
Where the two diverge is in active safety technology. The Peugeot 408 packs more ADAS features with 5 out of 10 key systems fitted, compared to 0 in the Denza B5.
Both include the essentials: core safety systems.
Feature Showdown
Both come with modern infotainment systems. Apple CarPlay and Android Auto are standard across both.
The Denza B5 stands out with Apple CarPlay that you will not find on the Peugeot 408. The Peugeot 408 counters with wireless Apple CarPlay/Android Auto, wireless charging, panoramic roof, power tailgate and Focal audio. Which feature set matters more depends on your daily routine and priorities.
Drivetrain
The Denza B5 uses a Petrol Turbo PHEV producing 400kW and 760Nm of torque, sent through a 1-speed auto to a AWD layout.
The Peugeot 408 responds with a Hybrid making 100kW and 230Nm, paired to a automatic driving the front wheels. It gets to 100km/h in 9.4 seconds.
The Denza B5 has the clear power advantage at 400kW vs 100kW. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Space & Comfort
The Denza B5 measures 4,888mm long on a 2,800mm wheelbase, 198mm longer than the Peugeot 408 at 4,690mm (2,790mm wheelbase). The longer wheelbase on the Denza B5 generally means more rear legroom.
For towing, the Denza B5 leads with a 3,000kg braked capacity vs 1,300kg. That 1,700kg difference matters if you regularly hitch up.
Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
10.8m diameter
Good
Based on 10.8m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
True Cost to Own
Based on 15,000km of annual driving, fuel costs roughly $1,995/year for the Denza B5 and $1,739/year for the Peugeot 408. That is a $256 annual difference in favour of the Peugeot 408.
Estimated annual total: $1,995 (Denza B5) vs $1,739 (Peugeot 408). The Peugeot 408 saves you roughly $256 per year in total ownership costs. Use our Fuel Cost Calculator to estimate based on your driving.
Warranty: 6 years / 150,000km (Denza B5) vs 5 years / 200,000km (Peugeot 408). The Denza B5 has longer coverage.
Who Should Buy Which?
Buy the Denza B5 if: You prioritise performance, value a longer warranty, need stronger towing, or prefer Denza's approach to design and ownership experience.
Buy the Peugeot 408 if: You want the lower entry price, want lower running costs, or prefer Peugeot's approach to design and ownership experience.
The Verdict
The Denza B5 takes 3 of 5 key spec categories. The Peugeot 408 will save you roughly $256 a year in fuel. The Denza B5 adds peace of mind with a longer 6-year warranty. The best pick depends on what you value most. Explore the full specs for each model below.
Disclaimer: All information in this comparison was believed to be correct at the time of publishing (20 April 2026). Prices are manufacturer recommended retail prices (RRP) and may vary by state, dealer, and options. Driveaway costs include estimated on-road costs for Victoria. Fuel economy figures are WLTP/ADR combined cycle. Specifications can change without notice. Always verify with the manufacturer before making a purchase decision. CarSorted does not accept payment for recommendations.
Published by CarSorted Editorial Team · 20 April 2026
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