end of “social leasing” for the year 2024, victim of its success

It only took six weeks for the device to become a victim of its success. The Elysée announced, Monday February 12, an end to the 2024 edition of “social leasing” of electric cars, which allows the most modest French people to acquire an electric car for around 100 euros per month, after the latter has ” exceeds “ its initial objectives for this year. With more than 50,000 orders to be fulfilled, the quota will go well beyond the 20,000 to 25,000 vehicles initially planned.

The decree putting an end to this edition must a priori be published on Tuesday, but the operation will be relaunched at the end of 2024 for the year 2025, specified the presidency, confirming information from the Echoes.

The state-subsidized scheme was launched on 1er January, after being announced in December by Emmanuel Macron. This is a rental with purchase option (LOA) for less than 100 euros per month for city dwellers, and 150 euros for family cars (excluding insurance and maintenance), reserved for people whose reference tax income is less than 15,400 euros per year, who drive more than 8,000 kilometers per year or live more than 15 kilometers from their place of work.

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Only vehicles built in France or Europe can benefit from this bonus. Without initial contribution, the rental is planned for three years, renewable once. The State finances each rental up to a maximum of 13,000 euros.

The government had initially mentioned a quota of 20,000 to 25,000 cars for 2024, depending on the vehicles available, promising to ramp up in the following years. But “with this first wave [de commandes] we achieved our objectives and even exceeded all our expectations”welcomed an advisor to the Head of State, adding: “Of the 100,000 vehicles normally purchased each year by French people eligible for leasing, this year 50,000 will be electric. It’s a truly emblematic success of French ecology, good for the wallet and for the planet. »

The World with AFP

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