Cetelem presented its social leasing offer, which should make electric vehicles accessible to the most modest. It can be extended over 10 years.
In the coming days, the government will unveil the complete framework for social leasing, this system whose mission is to make 100% electric cars accessible to as many people as possible, with offers of €100 per month without down payment.
Before that, BNP Paribas Personal Finance France unveiled yesterday Cetelem’s proposal for this social leasing, based on the conditions set by the government. So start by reserving the offer for the most modest half of households, the first five income deciles. Currently, this corresponds to a reference tax income per share of €14,089 maximum.
According to information relayed by Autoactu, the cars that we can choose will be those present in the list of the new bonus with the environmental score and which will therefore be offered in LOA or LLD over 3 years with a price below €150 per month. A maximum threshold which ultimately moves away from €100 but which can make it possible to find larger vehicles.
Social leasing: everything we know about electric cars at €100 per month
As part of social leasing, the State will pay up to €13,000 in aid. This would correspond to €8,000 bonus and €5,000 leasing premium, the latter to be limited to 16% of the price of the vehicle.
Cetelem thus gives as an example a model costing €25,000. This would give €8,000 bonus and €4,000 leasing premium. The organization announces a monthly payment of €99.93 over 36 months, without any contribution.
But after three years? Because this is one of the concerns raised by social leasing. Low-income households will have difficulty leaving their current car for an electric one that must be returned after 3 years. Cetelem therefore presented its offer following the first three years, with a monthly payment which will gradually cover the residual value of the car. Which gives here 161 euros per month from the 37th to the 145th month. After 10 years, the household owns the vehicle.
The rent which increases after three years may come as a surprise, but the cost of the first three years is lowered by the generous aid, with a car half paid for by them casually! BNP also highlighted the costs of risks and margins, which remain necessary for these offers to exist.
New electric Citroën C3: what does the basic version look like, on LLD at €99 per month?
rewrite this content and keep HTML tags