The Renault Megane hatchback has always been seen as a credible alternative to Astra or Focus and dealers have had a push to get old stock out with big discounts. As a result prices for late 1990s examples are weakening.

An air conditioned 99T Megane 1.6 16v Alize with 35,000 miles is about £6k at a non-franchised dealer; a 01Y 1.8 16v Expression with 12,000 miles sells for about £8k at a Renault franchise. A range-topping 1.8 16v Privilege+ on 01Y is just £9k, also at an independent. Expect Megane values to fall further once used MKII models arrive.