Cupra Formentor VZx: $10,000 slashed off popular performance hero

Runout specials on the Cupra Formentor continue, with the flagship 228kW VZx performance flagship now being advertised from $51,990 drive-away – $10,000 less than before.

The sale applies to model year 2024 (MY24) stock, the final builds before the incoming facelift entered production. In addition to the drive-away price, Cupra Choice finance is offering weekly payments as low as $130.05 based on a 7.25 per cent standard comparison rate with a $10,398 optional deposit.

At the end of the standard 60-month finance term, the Formentor VZx’s guaranteed future value figure is listed at $19,836. Further, while this latest offer represents $10,000 in savings, it’s nearly $20,000 lower than the $70,790 drive-away price originally quoted for the MY24 Cupra Formentor VZx when it first hit the market.

This big run-out discount follows similarly hefty reductions for the MY24 Formentor VZe plug-in hybrid (PHEV), which was slashed by $20,000 to $47,990 drive-away including the usually optional Leather and Camera Package ($2800) as well as a panoramic sunroof ($2150).

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The Cupra Formentor was the first in-house model to come from the sporty Spanish upstart, with the rest of its range based on existing Seat models before the arrival of the Born and Tavascan EVs, and then the Terramar SUV.

The crossover SUV has spearheaded sales growth for the brand too, both in Australia and around the world. While sales Down Under slowed in 2024, the Formentor is up 38.5 per cent so far in 2025 (with 1013 examples sold) as Cupra’s local division runs out the pre-update model ahead of the launch of the mid-life facelift in 2026.

Based on the same VW Group MQB evo architecture as the Audi A3 and Volkswagen Golf, the Formentor VZx runs a 228kW/400Nm version of the ubiquitous 2.0-litre EA888 turbocharged petrol engine that powers hot hatches like the Audi S3 and Volkswagen Golf R. Cupra claims a 0-100km/h time of 4.9 seconds, while combined fuel consumption is 7.7L/100km.

At the time of writing, there are 178 listings for Formentor VZx models on Cupra Australia’s stock locator, with prices ranging from $51,990 to $62,480 drive-away depending on specification.

For reference, the Formentor VZx is available with a range of extra-cost options including an Akrapovic titanium sports exhaust ($6300), matte paint ($2400) and a Brembo performance brake upgrade ($4250).

Cupra Australia head of product Jeff Shafer recently told CarExpertthe updated Formentor range will land in “early 2026”, despite initially being slated for the second quarter of 2025 (April-June).

That means the facelifted Formentor will hit Australian showrooms nearly two years after it was revealed in Europe, and more than a year since it first hit the road overseas.

No doubt one reason for the delay is the Spanish brand’s local strategy of giving each new model “the right time in the sun”, as communicated by Cupra Australia’s former director Ben Wilks earlier this year.

Mr Shafer didn’t provide an update on which versions of the facelifted Formentor will be offered locally, but you can expect an ‘S mHEV’ entry-level variant as well as a pumped-up 245kW VZx 4Drive performance hero with the same drivetrain and rear torque splitter tech as seen in the related Volkswagen Golf R hot hatch.

In between, there’s likely to be at least one of the e-Hybrid PHEVs – which are available globally in 150kW or 200kW tunes. Cupra Australia has previously indicated a 150kW 2.0 TSI 4Drive variant would also make it here, and if that’s still the case it’s likely be badged as the Formentor V.

MORE: Cupra slashes more than $20,000 off Formentor PHEV

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