The electric car at 100 euros per month is (finally) coming soon to France

Emmanuel Macron recently spoke about his electric car project at 100 euros per month and gave new information. The rental system should start in November, but motorists should not benefit from it until next year.

We know that the government wants to do everything to encourage motorists to go electric and multiplies initiatives to achieve this. We obviously think of the 100,000 charging stations as well as zero-rate credit, not to mention social leasing with electric cars for 100 euros per month. A large-scale project, which is taking a little longer than expected to see the light of day.

Arrival in November

It was in 2022 that the President of the Republic, Emmanuel Macron, announced the implementation of this measure, during his visit to the Paris Motor Show. At that time, he said reservations wouldn’t open until the end of the year. But a year later, still nothing, even though the ban on the sale of thermal cars in Europe is fast approaching.

Last February, we had some news, the government announcing the arrival of this measure at the end of 2023. We are almost there, and for the moment, still nothing on the horizon. But this should not last, while Emmanuel Macron spoke a few days ago on this subject. Relayed by the site Capitalthe Head of State announces that he will speak in November to “ reveal the 100 euro leasing scheme for electric cars“.

But then, will it be officially open from that moment on? It would seem so, since the government announced in March that the first reservations would open in November. But in all cases we must take this information with a grain of salt, as we have already seen with the objective of 100,000 terminals announced for the end of 2021 in France. But why is implementing this measure so difficult?

Because we will still have to wait until the beginning of 2024 so that the first beneficiaries can receive their car. In fact, the answer is quite simple, and lies in the price. Although a monthly rent of 100 euros is attractive, it is not easy to find a car that meets the criteria imposed by the State for this initiative.

What conditions?

Indeed, to be eligible, the cars must obviously not cost much so that the monthly payment of 100 euros is not exceeded. For that, it’s not too complicated and there are many candidates, like the Dacia Spring and the MG4. Moreover, the brand offers an offer of 99 euros per month for its compact. Except that the State refuses to allow cars participating in this system to be manufactured elsewhere than in Europe.

Few models were selected, apart from the Renault Twingo E-Tech as well as the future electric C3, which has not yet been revealed. The R5 E-Tech will probably not be eligible, due to its higher price than expected, around 30,000 euros. It also remains to be seen whether manufacturers will be able to meet the demand created by this measure.

The president asserts that “ a few tens of thousands of models » will be available in 2024. Be careful, because this social leasing will not be open to everyone. And for good reason, only the most modest households will be able to benefit from it, provided they have a annual reference tax income less than or equal to 14,089 euros. Which would correspond to around 100,000 people in France.

The rental contract is intended to extend over a maximum duration of five years, with a limit of 10 to 15 thousand kilometers each year. Note that the government clarified this summer that this offer does not necessarily include maintenance, recharging or even insurance, which will have to be the responsibility of the motorist in certain cases. Be careful to read the fine print when signing!

Similar Posts