ELECTRIC CAR 100 EUROS PER MONTH. Emmanuel Macron’s promise, the offer to rent electric cars at 100 euros per month begins to be unveiled. However, there are still many gray areas. Here is the first practical information.
[Mis à jour le 31 mai 2022 à 10h48] An electric car for 100 euros a month?! The offer looks attractive given electric vehicle prices and fuel prices, but the 100 euros per month electric car rental system still has a lot of imprecision. This promise by Emmanuel Macron during the last presidential campaign of 2022 began to be detailed by the new government formed by Elisabeth Borne.
As a reminder, Emmanuel Macron had mentioned during the campaign a rental offer called “leasing” to acquire a new electric vehicle at a low price. “We will implement an affordable electric vehicle offer […] establishing leasing mechanisms to support the most modest families”, explained candidate Emmanuel Macron on March 17 when signing his entry into the campaign.
It is still necessary to have the means to access these vehicles, which are often much more expensive than their thermal equivalents, despite the huge amount of subsidies and various existing aids (ecological bonuses, conversion bonuses, regional aids, etc.) . Price remains a very important hurdle today when considering the purchase of an electric vehicle. The observation is clear, but cruel: the various aids benefited mainly wealthy families and rarely the working classes, but directly impacted by the increase in fuel prices that weigh on many budgets, especially for those who are forced to take their car to go to their workplace.
Which electric car models will be eligible for this scheme?
The details of the audiences, but also the models eligible for this device, will be closely scrutinized. To maintain a rental budget of 100 euros per month, the models in question should not be legion. We can only mention the Dacia Spring, produced in China, and offered today by the subsidiary manufacturer Renault at 119 euros per month in leasing with a first monthly fee that can be financed through existing public aid. Like any lease agreement called a long-term lease (LLD), the offer is limited to many conditions, including a maximum mileage not to be exceeded: 40,000 kilometers in 4 years. After 4 years, the rental agreement ends and you will have to return the vehicle. Be careful not to have exceeded the mileage and not to have scratched the bodywork of your Dacia Spring under penalty of fines to be paid.
The same thing for one of the pioneers and star of the electric car market, the small sedan Nissan Leaf offered at less than 100 euros a month, but with a maximum of 30,000 kilometers to be covered in three and a half years. Big wheeler refrain! The Peugeot e 208, the 100% electric version of the Peugeot 208, has had great success but is more expensive with the cheapest lease today offered at 149 euros per month plus a down payment. To reach more models, the 100 euros per month lease system promised by the government will therefore have to provide a substantial subsidy to lower the total cost but also and above all this contribution to be paid at the signing of the contract and which can reach several thousand euros. Here is a short summary of the models that may be eligible for this €100 per month rental offer:
- Dacia Primavera
- Nissan Leaf
- Fiat 500
- Renault Zoe
- Peugeot e-208
Who can benefit from this electric car leasing offer at 100 euros per month? Conditions
For now, no details have been provided on the eligibility conditions for this future device. If we stick to the first indications given during the presidential campaign, the team around Emmanuel Macron had emphasized that the offer of electric car rental at 100 euros a month would be reserved for a certain audience, citing socio-economic professions. they multiply the kilometers as part of their activity), “young people” and a wider public but in conditions of resources. In turn, Emmanuel Macron had mentioned at the end of April “couples who earn the minimum wage or a little more”. The scheme could finance the rental of 100,000 electric vehicles a year.
When will the electric car rental offer at 100 euros per month be launched?
If the government intends to move quickly, the device will, however, have to be integrated into a bill to amend the finances that can only be presented to the National Assembly after the legislative election and the constitution of this new assembly. “It will take a device that is robust enough for the French to benefit immediately”, judged the new minister for Ecological Transition Agnès Pannier-Runacher, guest of the France 5 C program on Tuesday, May 24.