Leasing.com Awards 2024: Cupra Formentor named as Leasing.com Car of the Year
We’re thrilled to announce the Cupra Formentor has been crowned Lease Car of the Year in the Leasing.com Car Leasing Awards 2024, which aim to celebrate and recognise excellence in the products and services available within the leasing sector.
The Cupra came out on top in the hotly contested category, fending off the impressive Nissan Qashqai and the Tesla Model Y.
In addition to crowning Lease Car of the Year, the judging panel also picked winners from a number of other shortlists, aimed at celebrating the very best products that are driving the leasing market forward and providing exceptional value in their respective categories.
Read on to find out the full list of winners and find out why our judging panel picked the respective winners.
Car Awards
Leasing.com Car of the Year: Cupra Formentor
The Cupra Formentor has been crowned Leasing.com Car of the Year 2024. With a striking crossover design, ample engine and drivetrain options and a sporty badge, it’s really taken the leasing market by storm over the last 12 months.
The Formentor nails the winning formula for leasing: style, substance, and unbelievable value
What our judges said: "The Cupra Formentor nails the winning formula for leasing: style, substance, and unbelievable value. It outshines competitors with its enduring popularity and premium quality, rightfully earning the title of Lease Car of the Year."
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Best Value Lease Car: Peugeot 408
To get maximum value with a lease deal, timing and flexibility is key. Sometimes deals come up that seem rather unbelievable. This year, that comes in the form of the Peugeot 408 – our Best Value Lease Car 2024.
It's hard to believe a car this good was available from around £175 per month.
What our judges said: “The 408 is a sleek fastback SUV with a stunning and comfortable cabin. It’s hard to believe a car this good was available from around £175 per month. That’s less than you’d pay for many smaller, less practical and arguably less prestige hatchbacks. No wonder that this came out on top when it came to choosing our best value lease car.”
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Best Business Lease Car: BMW iX
For us, the BMW iX emerges as the clear winner in the Best Business Lease Car category. Add in its innovative design and cutting-edge technology, and it’s the perfect option for forward-thinking business users that want to make a statement.
The importance of premium plug-in power for business users can’t be overstated.
What our judges said: “With awesome real-world range and a cabin that’s a pleasure to spend time in, it’s little surprise that the BMW iX won out when it comes to the Best Business Lease Car category. The importance of premium plug-in power for business users can’t be overstated.”
Best Commercial Vehicle: Ford Ranger
The Ford Ranger secured the title of Best Commercial Vehicle with its unmatched practicality, durability, and versatility.
The Ranger continues to set the standard for commercial vehicles within the leasing market.
What our judges said: “Renowned for its robust performance and exceptional cargo capacity, the Ranger continues to set the standard for commercial vehicles within the leasing market, meeting a wide range of needs for businesses up and down the country. Additionally, its continued classification as a goods vehicle ensures businesses and individuals can still enjoy historic tax benefits, making it an even smarter choice."
Compare Ford Ranger lease deals
Best Electric Vehicle: Tesla Model Y
Once again, the Tesla Model Y shines, this time as the Best Electric Vehicle. With its ground-breaking advancements in electric mobility, the Model Y leads the way in sustainability, performance, and driving range.
In terms of leasing popularity, no other EV came close.
What our judges said: "As electric vehicle demand surges, the Tesla Model Y stands tall, with its impressive electric range, widespread availability, and affordable lease pricing. In terms of leasing popularity, no other EV came close.”
Compare Tesla Model Y lease deals
Best Leasing Newcomer: Subaru Solterra
The Subaru Solterra has made a remarkable entrance onto the leasing scene over the last year, and its exceptional value ensured it takes the prize for Best Leasing Newcomer.
The Solterra showcases Subaru's leap into a new sector, blending affordability, style, and cutting-edge technology.
What our judges said: "It's rare to see a new all-electric entrant perform so well on Leasing.com. The Solterra showcases Subaru's leap into a new sector, blending affordability, style, and cutting-edge technology. A thrilling debut performance."
Compare Subaru Solterra lease deals
Partner Awards
Along with celebrating the great products above, the Leasing.com Awards also celebrates the very best leasing providers. As an industry-leading marketplace, we appreciate the manufacturers, brokers and dealers who allow us to provide consumers with full-market coverage across personal and business leasing.
We’re therefore proud to name a winner in each of the following categories:
- 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
Commenting on the awards, Dave Timmis commented: “Leasing.com has been at the forefront of the leasing sector for decades. Our platform helps users find the best lease deals, and we’ve worked tirelessly to foster partnerships with some of the most renowned leasing providers to ensure we maintain the best market coverage of any lease comparison site.”
