A recent report suggests McLaren is preparing a new model slotted below the MP4-12C which could cost less than 200,000 USD.

A recent report suggests McLaren is preparing a new model slotted below the MP4-12C.

According to Motor Trend, the third model in McLaren's lineup is codenamed P13 and will be a two-seater sports car but with a proper trunk. McLaren believes it will be the firm's best-selling model and they estimate on delivering between 2,000 and 2,500 units each year.

In terms of pricing, it will cost less than 200,000 USD so that it won’t steal the MP4-12C's spotlight which begins at 250,000 USD. Under the hood it will get a detuned version of the V8 twin-turbo powering the MP4-12C which should put out somewhere around the 500 HP (368 kW) region.

Design-wise, some of the styling cues will be borrowed from the recently introduced P1 which means there will be several active aero elements, thin strips of LEDs, along with a lot of swoops and curves.

It is believed McLaren will launch the car sometime next year.

McLaren plotting entry-level model below MP4-12C - report