Buyers will be able to choose from a dense (and confusing) range of petrol and diesel engines, but the 1.5-litre dCi 110 we are testing here is likely to be the most popular version, especially as its CO2 emissions fall beneath 120g/km.
The Megane's interior does have a fresh look about it, especially the combined digital-analogue instrument pack, and the colour and cloth trim combinations look lively too.
It's good to see that not all of the car's French design exuberance has been refined away.
The Megane feels roomy, airy and its makers' claim to a heightened sense of quality also seems to be borne out. It certainly feels capable of bearing comparison with the best of its segment rivals.
On the road, the new Renault Megane has a lightness about all its controls - pedals, steering and gearchange - which eludes most of its rivals. It's a pleasant, easy car to drive.
Despite being larger than the old Megane, the new car is about 8kg lighter model-for-model, and allows the punchy diesel engine to deliver decent performance, despite its relatively small capacity.
Handling is neat, tending to understeer at the limit. The steering effort builds up a little as cornering speeds rise, but always retains impressive authority while retaining its lightness.
There's a little more body roll than others in the class allow, but nothing untoward.
On unfamiliar roads, the ride quality seems a little more relaxed than the competition, too, and road and wind noise seem to strike the class average.
In sum, this feels a decent car that offers gentle progress from its more characterful predecessor, but it's certainly not a revolutionary segment-shaker.
Should I buy one?
That depends on three things. Firstly, the deal, which has to be competitive against rival models. Secondly, residual values, a weakness of the previous generation car. And thirdly, whether you like your car with light controls.
The Megane feels quite different from the segment's profusion of firmly sprung, heavy-steering German-influenced models, which makes a nice change.
As a car that stresses comfort, in a sea of faux-sportiness, it deserves to find a band of loyal buyers.