Sydney, 09-05-2024 – CUPRA is combining stylish design elements with greater value in the Formentor VZe Tribe Edition, attuned to eligible novated leasing customers who can benefit from Fringe Benefits Tax (FBT) savings on plug-in hybrid electric vehicles (PHEVs)*.

Those customers – CUPRA’s soon-to-be Tribe Members – could end up with a highly specified medium-sized SUV that costs less to novated lease than the entry Formentor V*.

Priced from $67,990 plus-on road costs or between $70,990 (ACT) and $73,990 (WA) drive-away, the 300-unit Formentor VZe Tribe Edition unlocks design elements previously reserved for the flagship Formentor VZx.

These design highlights include 19-inch black and copper alloy wheels on the outside, and petrol blue leather-appointed trim (on the seats and door trims) with stitched petrol blue soft-touch dashboard on the inside.

Also standard are heated front seats, a power adjustable driver’s seat with memory settings (including mirror settings memory), 360-degree camera and a premium nine-speaker Beats audio system.

CUPRA director Ben Wilks said that during 2024, the Formentor VZe has become the most in-demand powertrain for the progressive Barcelona brand’s most popular vehicle.

“The Formentor is our most popular vehicle and the VZe and VZx flagship models now make up significantly more than half of the dynamic medium SUV’s sales,” Mr Wilks said.

“Here we have delivered Formentor VZe customers the style and design elements of the VZx. Not only are there enormous savings to be had for eligible salary sacrificing customers thanks to the federal government’s FBT exemptions for PHEVs and BEVs*, but now they can access the most stylish, dynamic and technology-rich PHEV in this price range,” he said.

“The Formentor VZe Tribe Edition perfectly complements the no-compromises CUPRA Formentor range.”

With 180kW of power and 400Nm of torque, the Formentor VZe combines the smooth performance of a 1.4-litre turbocharged four-cylinder engine with an electric motor and 10.9kWh battery package that accelerates from standstill to 100km/h in 7.0 seconds.

When fully charged – in one overnight charge from a household power point – the Formentor VZe can travel around 50km** on a single charge, with combined-cycle fuel consumption of  1.9 litres per 100 kilometres**.

CUPRA Formentor VZe Tribe Edition price and equipment

$67,990 RRP

$70,990 DA (ACT)

$71,990 DA (QLD)

$72,490 DA (TAS)

$72,990 DA (NSW)

$72,990 DA (SA)

$73,490 DA (VIC)

$73,990 DA (WA)

  • 1.4L turbo 4-cylinder petrol engine 110kW/250Nm; electric motor 85kW/300Nm; combined system 180kW/400Nm
  •  6-speed wet clutch DSG
  • Mode 2 cable
  • Mode 3 cable
  • Metallic Paint (Nevada White, Magnetic Tech, Midnight Black)
  • 19" Sport Black and Copper Alloy wheels
  • Leather-appointed sports bucket seats in petrol blue
  • Heated front seats
  • Driver power adjustment and memory
  • Mirror memory function
  • Top View Camera (360 degree)
  • Tyre Pressure Warning System
  • Towing Pre-wire
  • Heated power folding mirrors with memory covered in dark chrome
  • Full LED Headlights and Daytime Running Lights
  • LED tail lights with Dynamic Turn Signal
  • Fog lamps with cornering function
  • Light Assist (Auto High Beam)
  • Rear spoiler
  • Welcome light in exterior mirrors
  • Glossy black roof rails
  • Front and rear parking sensors
  • Dynamic Chassis Control adaptive suspension
  • 10.25" Digital Cockpit
  • 12" Infotainment & navigation system
  • Digital Radio DAB+
  • Wireless Phone Charging
  • Wired and Wireless Apple Carplay and Android Auto
  • 2 Front and 2 Rear USB-C ports
  • 3 zone climate control air-conditioning
  • Auto dimming rear view mirror
  • Rain sensing wipers
  • Leather-appointed heated multifunction steering wheel with paddle shifters
  • Keyless entry and start
  • Hands free power tailgate
  • Front Assist with Pedestrian and Cyclist Detection
  • Lane Assist
  • Park Assist
  • Side Assist with Exit Assist
  • Driver Fatigue Monitor
  • Emergency assist
  • Adaptive Cruise Control
  • Exit Warning
  • Travel assist


Panoramic glass sunroof - $2,150

Premium Metallic Paint - $490

• Graphene Grey

CUPRA is the unconventional challenger brand that brings together emotion, electrification, and performance to inspire the world from Barcelona. Launched in 2018, CUPRA has become one of Europe’s fastestgrowing car brands and has a global network of specialised points of sale.

CUPRA proves that electrification and sportiness are a perfect match, and in 2023 the brand hit new heights with more than 230,000 vehicles delivered. Each successive launch of a model has marked a new milestone in defining the brand’s character, with a challenging and original design: the CUPRA Ateca, a unique model in its segment; the CUPRA Leon, its first electrified model thanks to a plug-in hybrid electric engine; the CUPRA Formentor, the first model to be developed exclusively by the brand and the company’s best-selling vehicle to date; and the CUPRA Born, the brand’s first 100% electric vehicle.

CUPRA is FC Barcelona's official automotive and mobility partner, the World Padel Tour's premium sponsor and the official sponsor of the eSports Club Finetwork KOI. CUPRA is also proud to participate in the Formula E racing competition. The CUPRA Tribe is made up of a team of ambassadors who want to be the driving force of change. Its members include Oscar nominated film director J.A. Bayona, Formula E driver Lucas Di Grassi, Street Artist TvBoy, Olympic gold medalists Adam Peaty and Saul Craviotto, the German goalkeeper Marc ter Stegen, two-time Ballon d'Or and Best FIFA Award-winning footballer, Alexia Putellas, and in Australia, football stars, Mary Fowler and Andrew Redmayne.  

* You should seek your own independent tax advice to confirm eligibility and refer to for further information

** Fuel/Energy consumption figures according to ADR 81/02 derived from laboratory testing. Factors including but not limited to driving style, road and traffic conditions, environmental influences, vehicle condition and accessories fitted, will in practice in the real world lead to figures which generally differ from those advertised. Advertised figures are meant for comparison amongst vehicles only.

Daniel DeGasperi
Product and PR Communications Manager
T: + 61 466 612 742