PEUGEOT has just slashed around £3,000 off its 407 Coupe range, bringing the range-topping V6 HDi GT model down to under £30,000.

It still costs a hefty £28,000, pitching it into pricey territory for a car from a volume manufacturer.

A close rival for the Peugeot comes in the shape of BMW’s new 3-series Coupe range, which has just gone on sale in the UK.

Although the 330d Coupe costs more to buy at the front end, will its residual value prediction make up for the extra outlay come disposal time?

BMW 330D COUPE: PRICE NEW £33,365

Mileage Age (months) Predicted value Money lost
20,000 12 £22,575/68% £10,790
30,000 18 £19,725/60% £13,640
40,000 24 £17,275/52% £16,090
50,000 30 £15,125/46% £18,240
60,000 36 £13,425/41% £19,940

Source: CAP Motor Research

PEUGEOT 407 COUPE: PRICE NEW £27,995

Mileage Age (months) Predicted value Money lost
20,000 12 £16,000/52% £11,995
30,000 18 £14,025/46% £13,970
40,000 24 £12,300/40% £15,695
50,000 30 £10,900/36% £17,095
60,000 36 £9,600/31% £18,395

Source: CAP Motor Research