Performance car brand Cupra has highlighted the suitability of its new Formentor e-Hybrid for fleet customers, due to a low total cost of ownership (TCO).

The new crossover can be specified with two plug-in hybrid powertrains, known as e-Hybrid, providing 204PS and 245PS. Both models fall into the 11% benefit in kind (BIK) tax bracket.

With a TCO as low as £527.48 per month (31.6p per mile) for Formentor e-HYBRID 204PS in V1 trim, Cupra says few cars offer the same build quality, standard equipment, technology and driving dynamics for the same price.

For fleet customers seeking the more highly specified V2 trim, it offers a similar TCO of £550.40 per month (33.0p per mile).

The Formentor carries a five-star safety rating by Euro NCAP and all variants are equipped with adaptive cruise control, lane assist, dynamic road sign display and high beam assist.

The low running costs are achieved with strong residual values of 44-45% after 36 months and 60,000 miles, and a WLTP combined fuel consumption of up to 235.4 mpg. CO2 emissions are rated from 27g/km.

The plug-in hybrid powertrain couples a 1.4-litre TSI petrol engine with an electric motor and 12.8kWh battery pack. It provides a zero-emission range of up to 37 miles and recharged from 0-100% in 3.5 hours using a 3.6kW AC charger.

The P11D value for the Formentor e-Hybrid 204PS starts from £35,715 for V1 trim. This trim level comes with LED headlights, electric folding door mirrors, three-zone climate control, and keyless entry and start.

Cupra offers a Fleet Aftersales Promise, guaranteeing support throughout the ownership period. Benefits include a 7.5% approved parts discount, free Vehicle Health Checks, courtesy cars and dedicated service regimes to guarantee fleets are looked after throughout the ownership journey.

Fleets are covered by Curpra’s three-year/60,000 miles warranty and the e-Hybrid’s battery is covered for eight years/100,000 miles.