Renaultsport Megane 275 Cup-SRenault has revised the Renaultsport Megane hot hatch range for 2016 – and cut prices to a bargain-level starter from £23,995.

The firm has rationalised the range down to a single 275 variant, replacing the outgoing 265 model. It’s offered in two guises, 275 Cup-S and 275 Nav.

As its name suggests, the 275 Cup-S has a 10hp power boost to 275hp, using the engine from the Nürburgring record-setting 275 Trophy-R limited edition car.

It also gets the more focused Cup chassis as standard: that’s a mechanical limited-slip differential, red-painted Brembo four-pot brake calipers, stiffer springs and dampers plus an uprated anti-roll bar.

The engine normally delivers 250hp, with the full 275hp being released in Renaultsport Dynamic Management mode: this delivers 0-62mph in 6.0 seconds and a 158mph top speed.

And all for £23,995 – a true bargain, that almost makes it rude not to indulge in an options list that includes Öhlins Road & Track dampers (£2,000), Akrapovic titanium exhaust system (£2,500), 19-inch alloys (£1,000) and Michelin Pilot Sport Cup 2 tyres (£1,000).

For those after something (relatively) more genteel, Renault is also offering a Megane Renaultsport 275 Nav. This has the Sport chassis instead of the racier Cup setup, and a lavish amount of extra kit included heated leather seats, dual-zone climate control (building upon the standard air con of the Cup-S), auto lights and wipers plus hands-free entry.

If you really must, it costs £25,935.

Both new Renaultsport Megane 275 models are available to order now, with deliveries starting in November 2015.