Buying an electric car: what financial aid can you benefit from?

If you want to buy an electric car, don’t hesitate. Some aids can even help to lower the bill: ecological bonuses, conversion bonuses, local bonuses and assistance for installing terminals.

Electric cars are more expensive than an equivalent vehicle with internal combustion engines. The investment remains financially attractive with affordable domestic recharging, less expensive maintenance and, above all, good daily driving pleasure. To reduce the invoice for the purchase of an electric vehicle, several devices are available, subject to certain attribution conditions.

There are national aids for this and other local ones. Some aids are for individuals only, others are also open to professionals. Several regions offer free registration for new electric vehicles. We will try to sort it all out for you.

The eco bonus for electric cars:

The bonus-malus system was implemented by the government to encourage drivers to ditch the most polluting and highly abused vehicles, and to encourage them to buy a cleaner vehicle instead of benefiting from the bonus.

The scale of the ecological bonus is subject to decrease each year. It automatically applies to all new vehicles on the market that meet the eligibility criteria. To simplify the process, the dealership usually takes care of the formality and integrates the bonus into the vehicle’s sale price.

The 2021 bonus scale has been extended until June 30, 2022. From 1ster In July 2022, the new scale should be applied, but an election pledge from Emmanuel Macron’s presidential campaign suggests that the 2021 scale could be extended until the end of 2022. At the moment, the information is not yet confirmed, and it will likely be. just last minute.

For new vehicles: Until June 30, 2022 from 1er july 2022
Electric vehicles under €45,000 €6,000 maximum (or 27% of the price) Maximum €5,000 (or 27% of the price)
Electric vehicles from €45,000 to €60,000 € 2,000 € 1,000
Electric vans or hydrogen powered vehicles over €60,000 € 2,000 € 1,000
Plug-in hybrid vehicle (CO2 rate between 21 and 50g/km) from €50,000 maximum and range > 50 km € 1,000 0 €

The decree of April 26, 2022 modified one of the conditions for the bonus benefit. From now on, Electric vehicle owners must keep the vehicle that has benefited from the bonus for at least 1 year or 6,000 km. In case of resale before this period or mileage, the owner will be obliged to refund the bonus received. The shelf life was previously a minimum of 6 months instead of a year.

Electric Fiat 500 // Source: Fiat

For residents abroadthe amount is increased by €1,000 for the purchase of a hybrid or electric vehicle.

There is also a €1,000 grant for the purchase of a used electric vehicle. (electric car or van). To benefit from it, the vehicle must be registered for more than 2 years, and it must be held for at least 2 years by the vehicle purchaser.

The Conversion Bonus:

You can benefit from up to €5,000 when purchasing an electric vehicle, or a rechargeable hybrid if the range in electric mode is over 50 km. Works for new or used vehicles.

The conversion bonus complements the ecological bonus, but this system is subject to two main conditions:

  • income conditions, favoring low-income people,
  • have an old gasoline (from before 2006) or diesel (from before 2011) vehicle to be scrapped

To find out how much bonus you can be entitled to, access the simulator on the conversion bonus website.

There is an additional premium of up to €1,000 when the beneficiary lives or works in a low-emissions zone (ZFE).

Local assistance for individuals to purchase an electric car:

Several cities and regions offer local measures in addition to national Bonus and Conversion Reward aids. This is particularly the case for some of the future low-emission zones that offer such additional and cumulative aid.

These aids will likely evolve over time, some departments, such as Bouches-du-Rhône, withdrew their aid for the purchase of an electric vehicle in early 2022, the subsidy having fallen victim to its own success. The list of regions, departments and cities is therefore provided for information only:

  • Métropole Grand Paris: Up to €6,000 for people living in a of the 131 municipalities of Greater Paris. This aid works as a conversion bonus, therefore, in exchange for dismantling an old vehicle.
  • Ile de France region: up to €6,000 for people living outside the SPA, but working in this area. The purchase value of the vehicle cannot exceed €40,000, and the aid only applies to the replacement of an old vehicle.
  • Grenoble metropolitan area: Up to €3,600 for individuals in the metropolitan area, when purchasing an electric utility vehicle and exchanging an old utility vehicle. Somewhat specific help that ultimately seems to target individuals. It should be noted that requests for assistance must be made before purchasing the vehicle.
  • Métropole Rouen Normandie: Up to €4,000 for individuals who must be domiciled (main address) in one of the 71 municipalities of the metropolis of rouen Normandy. Help comes once again in exchange for a vehicle destined for destruction.
  • Region of Occitania: Up to €2,000 for the purchase of a used electric vehicle (or plug-in hybrid) for less than €30,000. An additional subtlety is that the purchase must have been made from a professional in the region.
  • Métropole de Toulouse: Up to €5,000 for individuals whose main address is located in one of the 37 municipalities of the metropolis of Toulouse and whose taxable income is below the threshold of 35,052 euros per unit. Assistance can only be requested for the replacement of a vehicle.
  • Nice Côte d’Azur Metropolis: Up to €5,000 for the purchase of an electric vehicle under certain income conditions, but without having to discard another vehicle.
  • Métropole de Strasbourg: Up to 3,500 euros to help convert an old vehicle that is not compatible with the low-emissions zone. This aid is intended for residents of Eurometropolis of Strasbourg.
  • Métropole de Reims: Up to €3,000 for a new or used electric vehicle (rechargeable hybrid, CNG or hydrogen). help is for persons domiciled in Reims that justify a main residence or a job within the perimeter of the mZF or defined adjacent roads may benefit from the aid.

The grant conditions are also very different depending on the organization. The vast majority of local actors condition aid to the reference tax income of the household, thus favoring aid to more modest households. Other criteria may also restrict access to these devices.

Aids for installing bollards:

If you have an individual home (owner or tenant), you can benefit from a tax credit for the purchase of a charging station and its installation. This tax credit is limited to 75% of expenses, up to a maximum of €300. This system is open to all taxpayers, with no income limits and is valid for both primary and secondary residences.

Audi RS e-tron GT at the helm // Source: Raphaelle Baut for Numerama

If you are in collective housing, you can also benefit from the tax credit. The calculation will be related to the part of the accommodation for the expenses related to the common equipment that you have paid for. Collective housing can also benefit from the Advenir program. The amount of the aid then depends on the type of installation provided for in the condominium.

As with local aid, in some sectors there is additional aid for the installation of charging stations.

Aid for the purchase of an electric car for companies

Professionals have access to various purchase aid schemes to convert their vehicle fleet.

  • The ecological bonus is also available for legal persons, but the scale is lower by 1,000 euros compared to that of natural persons. Plug-in hybrid vehicles no longer benefit from a purchase bonus, only electric vehicles retain this advantage.
  • The conversion bonus is also available for professionals. It will not exceed €2,500 for cars, but will offer between €5,000 and €9,000 for utility vehicles, depending on their size, in exchange for a scrapped polluting vehicle.
  • Companies benefit from a TVS exemption for the purchase of an electric vehicle, as well as for certain plug-in hybrid vehicles (if they emit less than 50 g/km of CO2).
  • Several cities and regions offer local assistance to help professionals renew their vehicle fleet. We can mention in particular: Paris, Lyon, Grenoble, Saint-Étienne, Pays de Loire, Normandy…
  • The Advenir program can help finance the installation of terminals in companies, whether for their employees or customers.

Now that you know more about the available aids, don’t hesitate to consult our tests to find your future electric car.

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