Ford’s new Mondeo saloon prices will range from £14,995 to £24,195 when it goes on sale in June.

This is a £300 price drop on outgoing equivalent models.

Customers will be able to choose from four specifications: Edge, Zetec, Ghia, Titanium X and three bodystyles - saloon, hatchback and estate.

The new Mondeo also has £700 worth of added equipment across the range including: electronic stability program (ESP), Thatcham Category 1 Alarm, ISOFIX child-seat fixings, steering wheel controls, driver's knee airbag, 'follow me home' lighting and unique to Ford – Easyfuel. This new feature prevents drivers putting petrol into a diesel powered car or vice-versa.

The Edge replaces the LX entry trim and in addition to the new standard equipment, the Edge also has - air-conditioning, cruise control, leather steering wheel, CD stereo with MP3 connection socket, seven air-bags, ABS with electronic brake assist (EBA), power front windows, remote central locking, quick clear heated front windscreen, power and heated door mirrors.

Zetec prices range from £16,695 for the 1.6-litre 123bhp saloon and hatchback to £20,745 for the 2.0-litre TDCi 128bhp estate. Over the Edge's specification the Zetec adds 16-inch alloy wheels, front fog lights, air conditioning with dual EATC, leather gear knob and power rear windows with global window open/close. The most popular derivative is expected to be the Zetec five-door 138bhp TDCi diesel which will be priced at £18,395.

Ghia prices range from £18,445 for the 2.0-litre 143bhp saloon to £22,195 for the 2.5 218bhp estate. The Ghia features 17-inch alloy wheels, automatic headlights and rain-sensing wipers, power fold door mirrors, a Sony stereo with six CD in-dash auto-changer and 'submarine' lighting.

At the top of the range the Titanium X trim includes full Alcantara/leather trim, ‘Ford Power’ start button, adaptive front lighting with cornering lights, blue tinted glass and the new Ford ‘Convers+’ premium instrument cluster. Prices for the Titanium X range from £21,245 for the 1.8-litre TDCi 123bhp five-door to £24,195 for the 2.5 218bhp estate.

The new Mondeo is available to order from March - three months ahead of its launch date.