The facelifted Renault Megane Coupe-Cabriolet has arrived in Australia priced from $38,490.

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The updated model range has been trimmed to two variants, with the entry-level Dynamique kicking off the range, while a sporty new GT-Line model sits as the flagship model, priced at $43,990.

Instead of switching to the 1.2-litre four-cylinder turbo unit seen in the facelifted Megane hatch line-up, both hard-top convertible variants are sold with a 2.0-litre four-cylinder petrol engine with standard continuously variable transmission (CVT) automatic. Power outputs remain at 103kW and 195Nm, and claimed fuel use is 8.0 litres per 100 kilometres.

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The Dynamique model features automatic headlights and windscreen wipers, dual-zone climate control, cruise control with speed limiting function, Bluetooth phone and audio connectivity, rear parking sensors, LED daytime running lights, front and rear fog lights and 17-inch alloy wheels. Renault Australia is advertising driveaway pricing of $41,790 for this version.

The extra $5500 for the GT-Line model sees additions such as rear interior trim highlights, heated front seats, leather seat trim, R-Link satellite navigation with touchscreen media system, Arkamys stereo system, keyless entry and push-button start, and different 17-inch alloy wheels. The company has driveaway pricing of $47,790 on its public website for this variant.

The Megane Coupe-Cabriolet features a folding hard-top roof which can retract in about 20 seconds, and features glass panels. It does eat in to boot space, which is 417 litres with the lid up and just 211L with it down.

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All Meganes come with a five-year, unlimited-kilometre warranty, five years roadside assist, and a three-year capped price servicing program.

2015 Renault Megane Coupe-Cabriolet pricing (plus on-road costs):

Dynamique - $38,490

GT-Line - $43,990