Cupra Formentor Crowned Leasing.com Car Of The Year 2024 Amidst Stiff Competition

The Cupra Formentor has achieved a significant milestone by being named the first-ever Leasing.com Car of the Year. This accolade comes from Leasing.com, the UK's only full-market leasing comparison site, which has launched its inaugural awards to highlight excellence within the burgeoning contract hire sector. The Formentor emerged victorious against stiff competition, notably from the Nissan Qashqai and Tesla Model Y, to clinch the title.

The selection process for the award was rigorous, with the judging panel leveraging Leasing.com’s unparalleled market insights and comprehensive data. Factors such as driving experience, popularity, efficiency, and safety were all taken into account. Dave Timmis, founder of Leasing.com, expressed his admiration for the Cupra Formentor, noting its widespread popularity in the personal lease segment, attractive pricing, diverse engine and drivetrain options, impressive aesthetics, and its coveted sporty badge as key factors in its success.

Beyond crowning the Car of the Year, the Leasing.com Awards also celebrated excellence across various vehicle categories within the leasing industry. These categories aimed to showcase the diversity and value offered in the leasing market. The winners in each category were:

• Leasing.com Car of the Year: Cupra Formentor
• Best Value Lease Car: Peugeot 408
• Best Business Lease: BMW iX
• Best Commercial Vehicle: Ford Ranger
• Best Electric Vehicle: Tesla Model Y
• Best Leasing Newcomer: Subaru Solterra

The awards also extended recognition to outstanding leasing providers, celebrating their contributions to the industry. Leasing.com prides itself on partnering with leading manufacturers, funders, brokers, and dealers to offer comprehensive market coverage for both personal and business leasing options. The winners in these categories were:

• Broker of the Year: Leasing Options
• Customer Service Broker of the Year: Xcite Car Leasing
• Funder of the Year: KINTO
• Manufacturer of the Year: Volvo Cars UK
• Dealer of the Year: Stellantis & You Birmingham North

In his comments on the awards, David Timmis highlighted Leasing.com's longstanding leadership in the leasing sector. He emphasized the platform's commitment to connecting users with optimal leasing deals through robust partnerships with renowned providers across the market. The Leasing.com Awards 2024 serves as a testament to the innovative efforts and achievements that continue to drive progress in the leasing industry.

About Leasing.com: As the UK’s only full-market car lease comparison website, Leasing.com stands out by offering an extensive selection of personal and business car leasing options from a wide array of brokers, dealers, motor manufacturers, and independent funders. For further media enquiries, Chris Evans, Chief Marketing Officer, can be contacted via email at [email protected] or by phone at 0161 482 7650.