Subaru has slashed £2,500 from the price tag of the range-topping BRZ SE Lux. Now starting from £23,995, the BRZ is cheaper than an entry-level Toyota GT 86, with which it shares its mechanical running gear. Toyota says it has no plans to lower the price of the GT 86, though.

The new price tag will come into effect from 1 May, with Subaru stating the price cut has been introduced to pass on the benefits of favourable exchange rates to customers. The saving will also ensure there is a clear differentiation between the BRZ and the new flagship £28,995 WRX STI.

SE Lux models are kitted out as standard with Alcantara and leather trimmed seats and a rear-axle differential.

Under the bonnet a 200bhp 2.0-litre four-cylinder boxer engine is fitted, enabling the BRZ to get from 0-62mph in 7.6 seconds. Automatic models – now priced at £25,495 – feature steering wheel-mounted gear shift paddles but are slightly slower from 0-62mph at 8.2 seconds.

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