PEUGEOT has slashed prices on its 407 Coupe range with savings of nearly £3,000 on all models.

The entry-level 2.2 S has been dropped, with the SE version now providing the entry point at £21,295 – £2,930 less than before.

The top-spec GT models have also been reduced, with the petrol and diesel models now £2,950 cheaper at £25,495 and £27,995 respectively.