Car Deal of the Day: Cupra Terramar is an upmarket family SUV without a premium price tag
Practical family SUV; frugal mild-hybrid power
Just £238.85 a month – cheapest we've seen so far
Ever since the Volkswagen Group hived off Cupra from its SEAT mother-brand in 2018, it has traded on an image of upmarket performance cars with a strong dose of everyday ease-of-use. Advertisement - Article continues below
Since then, Cupra's model range has broadened and its latest offering is the Tavascan – a family-sized SUV with that distinctive racy image.
However, our Deal of the Day goes to show that this premium appeal doesn't have to come with a premium price tag. Leasing deals on the Terramar have been slowly getting cheaper and cheaper in recent months, with this offer being the cheapest we've seen so far.
Via the Auto Express Find a Car service, Leasing Options is offering the sporty SUV for just £238.85 a month right now.
An initial payment of £3,216.19 is all that's needed to get the ball rolling, and it's a two-year deal with a 5,000-miles-a-year cap. But should you need more, an 8,000-miles-per-annum plan can be arranged for just an extra £22 a month.
This deal only gets you the entry-level V1 trim. But, with Cupra's mission to offer a premium feel on all of its cars, you won't feel short-changed with the cheapest model. Skip advert Advertisement - Article continues below
V1 trim gets you 18-inch alloys, LED front lights and rear lights with configurable designs, three-zone climate control, a heated and leather-wrapped steering wheel, front bucket seats, plus a 12.9-inch touchscreen with Apple CarPlay and Android Auto and sat-nav.
Powering this Terramar is one of Volkswagen Group's excellent 1.5-litre four-cylinder turbocharged mild-hybrid petrol engines. With 148bhp, it's a punchy unit and is paired with a slick seven-speed dual-clutch automatic gearbox, while that mild-hybrid system boosts fuel economy to over 47mpg. It's a nice car to drive, with sharp steering helping to give a sporty feel.
The inside reflects Cupra's premium aspirations with a high-quality feel and plenty of copper detailing. It's a roomy SUV, too, with a 540-litre boot that can be enlarged to 630 litres when the rear seats are slid forwards.
The Car Deal of the Day selections we make are taken from our own Auto Express Find A Car deals service, which includes the best current offers from car dealers and leasing companies around the UK. Terms and conditions apply, while prices and offers are subject to change and limited availability. If this deal expires, you can find more top Cupra Terramar leasing offers from leading providers on our Cupra Terramar page.
Check out the Cupra Terramar deal or take a look at our previous Car Deal of the Day selection here…
Find a car with the experts New Xiaomi YU7 2025 review: a world-beating new EV to worry the establishment
New Xiaomi YU7 2025 review: a world-beating new EV to worry the establishment
BMW or Mercedes would do anything to keep the new Xiaomi YU7 from sale in the UK and Europe, and this is why Electric Car Grant in detail: Which cars will get the UK EV discount?
Electric Car Grant in detail: Which cars will get the UK EV discount?
The government has set out its plan to help reduce the cost of affordable EVs by introducing a new £3,750 Electric Car Grant for new EVs sold under £3… Electric Mercedes CLA Shooting Brake will keep going long after rivals need to stop
Electric Mercedes CLA Shooting Brake will keep going long after rivals need to stop
The second of Merc's new-era EVs is here in the form of an attractive estate with a huge range
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mail
2 minutes ago
- Daily Mail
EXCLUSIVE Britain's billionaire exodus: All the super-rich business tycoons who have fled Labour's tax raids...and why more could soon follow
The Aston Villa co-owner and three of London 's wealthiest property developers are among the billionaires who have already left Britain in the wake of Labour's tax raids. Research by New World Wealth suggests the UK has lost 18 dollar billionaires over the last two years - more than any other country in the world. Those who are known to have left include Nassef Sawiris, the Egyptian co-owner of Aston Villa FC, who has shifted his tax residency to Italy - according to legal documents revealed in April. Brothers Ian and Richard Livingstone, who oversee a £9billion property empire in the UK and abroad, an online casino and plush Monte Carlo hotel, have quit Britain for Monaco. Another billionaire developer, Malawi-born Asif Aziz - owner of the former London Trocadero on Piccadilly Circus - moved his tax residency to Abu Dhabi at the end of last year. Rachel Reeves ' October budget has been blamed for driving the exodus by abolishing the non-dom tax regime and imposing inheritance tax on the worldwide assets of foreigners who have lived in Britain for more than 10 years. And a leading tax advisor today warned that the flood of billionaires out of Britain could increase even further if Labour decides to impose a wealth tax - a move Sir Keir Starmer has notably refused to rule out. David Lesperance, the founder of tax and immigration advisory Lesperance and Partners, said 50 per cent of his 'ultra-high net worth' clients had already departed the UK since Labour came to power and predicted half that number again would flee the imposition of a wealth tax. 'A large group moved because of the inheritance tax changes, but some decided they would be able to mitigate the hit because they were young, could get insurance to cover it, or could take advantage of some of the tax solutions available,' he told MailOnline. 'But if you bring in a wealth tax, that mitigation is neutralised, so it's another force that will drive those who haven't already left to leave. 'The general public might not mind the idea of wealthy people leaving, but the reality is that in a progressive tax system you are extremely dependent on a tiny number of taxpayers, so if they leave it will have a huge impact on tax revenue. 'And at the same time these golden geese feel their being driven out of the UK, other countries are promising to offer them a better tax deal. 'If a wealth tax comes in, ultra-high net worth people will say ''London is nice, but not yet nice'' and head to all the countries who are actively welcoming them.' Mr Lesperance pointed out that wealth taxes - which are levied on the total value of an individuals' assets - are 'very difficult to administer', with many nations who have brought in the levies subsequently repealing them. Given this, he believes Ms Reeves is more likely to introduce an exit tax - which takes the form of a one-off fee on people moving their tax residency to another country. 'When you have a wealth tax, people will give the lowest figure possible for the value of their assets, and if HMRC wants to challenge it, that will take time and money,' he said. 'I don't see a wealth tax because it won't be good for the goal of maximising revenue. 'I would say it's more likely the Autumn Statement could include an exit tax. But if that happens, advisors will be telling their clients to leave before it comes in.' Several billionaires have been open about their reasons for leaving, with Nassef Sawiris blaming Labour's inheritance tax clampdown and a 'decade of incompetence' under the Tories. Britain's ninth richest billionaire, John Fredriksen, declared last month that Britain had 'gone to hell' as he explained his reasons for moving his shipping firm from London to the United Arab Emirates. The Norwegian had previously run his private firm, Seatankers Management, from an office in Sloane Square. But he told newspaper E24 that the UK had become a worse place to do business. 'It's starting to remind me more and more of Norway,' he said. 'Britain has gone to hell, like Norway. 'People should get up and work even more, and go to the office instead of having a home office.' In May, The Sunday Times Rich List estimated that the UK had 156 billionaires, down from 165 the year before and the largest annual drop since the list began in 1989. Putting an exact figure on the number of billionaires leaving the country is complicated by the difficulty of calculating an individuals' wealth and working out their tax residency if they do not make this information public. Labour donor Laskhmi Mittal was reported in March as telling friends that he would probably leave the UK. The Indian-born businessman is also the owner of property on London's exclusive Kensington Palace Gardens, which has been dubbed 'billionaire's row'. He bought what was then the world's most expensive home for £67million in 2004. It comes as new figures showed the number of non-dom taxpayers in the UK dipped last year prior to the Government clamping down on the tax status, official figures show. There were about 73,700 people claiming non-domiciled tax status in the year ending in April last year, according to estimates from HM Revenue & Customs (HMRC). This was 400 fewer than the 2022-23 tax year, or a dip of about 0.5 per cent. The number of non-doms, according to self-assessment tax returns, stood 3,900 below that in the tax year ending 2020. It indicates a slowdown in the number of people claiming the tax status following a post-pandemic resurgence. Non-domiciled means UK residents whose permanent home, or their 'domicile' for tax purposes, is outside the UK. The regime meant that so-called non-doms paid tax in the UK only on income generated in the UK - meaning any income earned overseas was exempt from British taxation. However, the Labour Government abolished the non-dom tax status in April following backlash that wealthy residents could enjoy the benefits of living in the UK without paying as much tax. Previous chancellor Jeremy Hunt estimated that scrapping the regime would raise about £2.7billion for the Treasury by 2028-29. HMRC's data published on Thursday showed that some £9billion was raised from non-doms paying income tax, capital gains tax and national insurance last year. This was a £107million increase on the prior year, despite the dip in the number of individuals. Even so, campaigners insist HRMC will suffer in the long-term if some of Britain's biggest taxpayers are driven out. Leslie MacLeod-Miller runs Foreign Investors for Britain (FIFB), a lobby group set up after the July general election. He told MailOnline: 'Wealth is already shifting to countries like Italy, Dubai, and Switzerland. 'The government needs to show bold leadership and implement a bold policy change before Britain's 'golden geese' take their 'golden eggs' abroad to other countries that are actively courting them. 'The Office for Budget Responsibility warned this July that continued reliance on this small population of top taxpayers represents a growing fiscal risk. 'The government needs to act now, talk of a wealth tax will only increase the exodus of this high income – and high investing, employing and growth-creating group. Fiscal sense rather than ideology needs to prevail.'
Sky News
8 minutes ago
- Sky News
Accountants were paid to place clients into loan charge schemes targeted by HMRC
Victims of the loan charge received advice from professional accountants who were being paid to place them into tax avoidance schemes. Sky News has seen evidence of chartered accountants advising their clients to enter loan arrangements, run by companies that were paying them a commission. These schemes were later targeted by HMRC, and workers were hit with giant tax bills, sometimes hundreds of thousands of pounds. In some cases, the tax demands have been crippling. It's a campaign that has driven people to the brink of bankruptcy, devastated families and has been linked to 10 suicides. MPs are now calling for a public investigation into the role of accountants and other professional bodies in the proliferation of these schemes. An independent review of the loan charge is currently under way, but it is limited in its scope. What is the loan charge scandal? It is the latest revelation in a scandal that has caused untold misery for tens of thousands of people, who were enrolled into tax avoidance schemes, often against their knowledge. They included contractors who were urged to avoid setting up limited companies and to instead receive payment through the schemes, which were meant to handle their pay and taxes. 1:42 They worked by paying workers what were technically loans, instead of a salary. This allowed them to circumvent paying income tax. What many assumed were tax deductions on their payslips were, in fact, fees going towards the promoters of the schemes. Tax avoidance is not illegal, but HMRC has successfully challenged tax avoidance schemes in the courts, and workers have subsequently been asked to pay the missing tax. There is no suggestion that these accountants broke the law. Richard's story For Richard Clancey, HMRC's handling of the loan charge feels like "state-sponsored bullying". After being offered a contract role in 2010, Mr Clancey, now a retired computer services professional, contacted a chartered accountant in Kent to help him set up a limited company. The accountant encouraged him to enrol in a payment scheme instead. "He gave us an hour's presentation on the benefits of the scheme and how it worked," Mr Clancey said. "This included how they would handle all administration, pay all tax that was due, was IR35 and tax law compliant, had a lower risk than using a limited company, had been approved by a tax QC and was currently used by several people who were working for HMRC. "The presentation was very elaborate and complicated and I cannot claim that I understood it all, but I wanted to ensure I was legal and compliant, so I trusted the advice of a chartered accountant that use of this scheme was the right thing to do." The accountant told him that he was receiving an introductory fee, but not that he would receive ongoing payment. In 2014, Mr Clancey received an email from his accountant outlining that the previous year he had received £257 in commission. However, he did not receive statements for the previous two years. "Although you were notified of this commission before, we are also required to declare the amount of commission to you according to the guidance of the Institute of Chartered Accountants of England and Wales," the email read. "This commission has not cost you anything," it added. The company's former website page clearly stated that it offered accountants commission, boasting that the rates had been raised. At this point, Mr Clancey was already on the radar of HMRC. In 2012, tax authorities wrote to him to explain that he had been in a tax avoidance scheme that "HMRC believes does not work". He was subsequently asked to pay more than £100,000. "Over the next seven years, I received multiple penalties and threats from HMRC who said I had been a tax avoider who should settle their debts now or face worse consequences later," he said. "There hasn't been a single day when I haven't been consumed by the frustration and anger of my situation and how it arose... Since my involvement with [the scheme] and the subsequent hounding from HMRC and government, a lot of that has changed. This state-sponsored bullying has caused me to suffer some mental health issues. "My personal stress levels were through the roof. I dreaded the next brown envelope coming through the post box with outrageous, unsubstantiated demands. My poor wife would apologise and burst into tears as she brought these to me." HMRC said it takes the wellbeing of all taxpayers seriously. "We are committed to identifying and supporting customers who need extra help with their tax affairs and have made significant improvements to this service over the last few years." Like others in his position, Mr Clancey is frustrated by the blunt approach of the tax authority and the lack of accountability from other parties. "I have been increasingly concerned that my chartered accountant led me into the hands of a scam organisation," he said. "HMRC continues to persecute victims." Government reaction The government has now launched an independent review into the loan charge, and HMRC is pausing its activity until that review is complete - but its focus is on helping people to reach a settlement. The review will not look at the historical role of accountants, promoters and recruitment agencies, even though they propped up the schemes. Politicians and campaigners have called for a broader investigation. Greg Smith, MP and co-chair of the Loan Charge and Taxpayer Fairness APPG, said: "It's clear that many chartered accountants were directly involved in the promotion of loan schemes. "People trusted accountants and had the right to rely on this advice, and yet, instead, are facing life-ruining bills. There needs to be a proper investigation into this as part of an independent inquiry into the loan charge scandal," he said. "Either HMRC warned accountants not to recommend these schemes, in which case the accountants were giving reckless and potentially fraudulent advice; or HMRC didn't tell accountants not to do this, in which case HMRC themselves were seriously at fault. "Either way, it is quite wrong that the current government continues to only pursue those who took and followed professional advice and not those who gave it, whilst profiting from doing so." The experience has damaged Mr Clancey's faith in the sector. "I will never again trust professional financial advice," he said. "If the advice of a chartered accountant can cause this much damage without culpability, then there is something very wrong. It is a failure on the part of the entire tax industry that accredited professionals can, through their advice, destroy the lives of the individuals that they advise." A spokesperson for the Institute of Chartered Accountants in England and Wales, an industry body, said: "We expect chartered accountants to adhere to the highest standards in all of their work, including tax. "Robust rules for members performing tax work are contained in standards which have been developed and strengthened to prevent the involvement of members in aggressive tax avoidance." The organisation strengthened its standards in 2017, after the loan charge legislation was announced, adding that "members must not create, encourage or promote tax planning arrangements or structures that set out to achieve results that are contrary to the clear intention of parliament in enacting relevant legislation and/or are highly artificial or highly contrived and seek to exploit shortcomings within the relevant legislation".
Daily Mail
32 minutes ago
- Daily Mail
Revealed: The 'email that gives Crystal Palace hope they CAN get back into the Europa League'
Crystal Palace reportedly have a glimmer of hope that UEFA's rules are more flexible than many thought, potentially paving the way for their Europa League entry. The London club are appealing their exile from the competition with the Court of Arbitration for Sport after they were 'demoted' due to UEFA's multi-club ownership rules. As it stands, Palace are set to compete in the Europa Conference League because their former owner John Textor also has a stake in Lyon, who qualified for the Europa League as well. UEFA set a deadline of March 1 for clubs to provide evidence of multi-club ownership restructuring. Essentially, it is banned for a powerful figure like Textor to be a controlling figure at two clubs in the same competition. The American has insisted he did not have a 'decisive influence at Palace' - a claim which is hotly contested. It is a long shot, but The Telegraph reports that clubs received an email last year which suggests that the deadline is actually beyond March 1. The European Club Association (ECA) told numerous multi-club groups in October that the deadline is flexible, and would allow issues to be resolved until May 31, as per The Telegraph. John Textor still missed that deadline but it gives hope that UEFA are more flexible than they have been letting on Textor sold his 43 per cent stake in Palace to Woody Johnson for £190million in June, and resigned from his board leadership role at Lyon in the same months, so missed the more flexible deadline on both of those counts. But according to The Telegraph, the ECA email still gives encouragement to Palace because it suggests that UEFA are more flexible than they are letting on. The ECA declined to comment to The Telegraph. Palace insist the March 31 deadline has only been applied strictly to them - clubs such as Chelsea, Barcelona and Aston Villa have all negotiated fines for financial breaches in recent weeks. In any case, UEFA have told Palace that Textor 'historically' owning a stake in Palace and Lyon is an issue. The Selhurst Park side argue he had no 'decisive influence,' but he did pay off the club's Covid-19 debt and help establish the Palace academy. Textor also passes off Palace's hiring of FA Cup-winning coach Oliver Glasner shortly after he admits he almost gave him the Lyon job as a happy coincidence - and you can read Ian Ladyman's views on that here. Palace won their first major competition, the FA Cup, in May, a tournament they would have had little inkling that they would win back before the March 1 deadline, when they still had four games left to play. Fans launched a flare-fuelled protest against UEFA's decision on Tuesday night, waving a banner which read: 'UEFA. Morally bankrupt. Revoke the ruling now.'
