After the ecological bonus and the conversion bonus, the French who want – or need to go electric with the increase in low emission zones (almost 50% of motorists will have to change their car before January 1, 2025 )- soon they will be able to resort to a new formula: leasing at 100 euros per month.
Starting next year, low-income French people (young people, the medical-social sector, low-income households or far from public transport) will be able to start driving electric for one hundred euros a month. Maintenance would be included. The contribution must be limited to the maximum after the delivery of the ecological bonus and the conversion bonus.
Leasing to drive electric city cars
At this price, the models offered will be mainly urban cars, such as the Dacia Spring, the Renault Twingo, the Peugeot e-208 or the Fiat 500e. Manufacturers are already offering competitive offers on these models, around 150 euros per month.
And the banks are also betting on the leasing of green cars, with current formulas for 7, 8 or 10 years, to reduce the amount of monthly installments as much as possible.
What about for the device?
Now it remains for the State to finance the device: Emmanuel Macron’s entourage mentioned during the campaign a budget of 50 million euros to subsidize 100,000 vehicles a year. An envelope considered “a little fair” by the sector.
As a reminder, the State spent last year 293 million euros on 115,000 conversion bonds and 1,000 million euros on 264,000 ecological bonds.
“Prepare the Bomb”
The Government specifies that the allocation for leasing in 2023 is a first budget to “prime the pump” and start up the device. The credits will increase from 2024.
There is also the question of financing for the most modest households. And who turns out to be the first to be affected by the looming traffic restrictions. The interested parties refer to a state guarantee with the banks so that these households are creditworthy and eligible for the scheme.
The problem of the fact in France
The executive will eventually have to solve the problem of production because these electric city cars are made today more often in China, in Eastern Europe, but not in France. The government fears offering the market to foreign manufacturers and in particular to Chinese competition that is preparing to market many electric city cars in the coming months.
France awaits Renault’s R5, which will leave the Douai factory in 2024, the next electric models produced by Stellantis in France and the future 4L, presented at the next Paris Motor Show. A World Cup that should see the arrival of Emmanuel Macron, scheduled for October 18. The Head of State could give on this occasion all the details of his electric leasing offer.
Source: BFM TV
