Social leasing is a victim of its own success. So much so that the government has just put an end to it for the year 2024. The system has, in fact, “exceeds” its initial objectives. More than 50,000 low-income households have ordered a car for 100 euros per month.
This happened in six weeks and is much larger than the quota of vehicles provided for by the system at its origin. 20,000 to 25,000 of them were initially expected to fall within this framework. According to a source of Echosa decree should be published on this subject “in the next few days.”
This would appear on Tuesday in the Official Journal, members of the economic daily believe they know. “The objective was largely exceeded, with more than 50,000 orders validated”reports Emmanuel Macron’s entourage. “This first wave is a real success”.
More subsidized files than expected
This announcement comes, surprisingly, just after Roland Lescure’s declaration of the government’s desire to increase the number of files received.
This on one condition. For manufacturers, it will also be a question of increasing the pace. The Minister of Industry and Energy spoke on this subject, on France 3in the show Sunday in Politics :
“Today, there is great demand and we do not yet have enough products made in France. This means that French manufacturers must speed up the pace or commit to doing so.”
50,000 cars instead of 25,000 thanks to social leasing?
And the minister was asked about the new objective that the government could set. Finance 50,000 cars instead of 25,000 thanks to social leasing? “We will do it, but we will do it while ensuring a good pace”blurted the minister.
The goal is not, in fact, to finance “made in China” cars. Although there are many of these, it is not a question of electrifying the French fleet with these cars. Like the bonus, social leasing has an ecological objective. The goal is therefore not to finance just any vehicle.
Still, we may have to wait a little. If Christophe Béchu, Minister of Ecological Transition, already announced, in January, that “30, 35, 40,000 vehicles” could fall within the framework of social leasing, “We might have to wait a bit.”according to Roland Lescure.
This is explained by the fact that the device “is a victim of its own success”. “It’s going a little faster than we thought. We’ll perhaps slow down a little, give ourselves time to produce French and then accelerate, accelerate, accelerate…”. And the minister to make an appointment in “end of year or beginning of next year” to communicate the results.
What next for the ecological bonus and the conversion bonus?
Remember that this social leasing is reserved for French people whose reference tax income is less than €15,400. They must also drive more than 8,000 km per year or live 15 km from their place of work.
On each of these vehicles, the State finances 13,000 euros. With more than 50,000 orders validated, the social leasing budget is around 650,000,000 euros.
This represents almost half of the 1.5 billion euros also allocated for the ecological bonus and the conversion bonus. It therefore remains to be seen what funds will remain for these last two measures. While we are in February, details regarding the ecological bonus have not yet been announced. Could this be explained by a lack of money?
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To sum up
Faced with the success of “social leasing”, popular with the French, the government announces that it will put an end to social leasing for this year 2024. However, it intends to finance almost twice as many cases. An astonishing speech, when leasing is expensive and the details regarding the ecological bonus are not yet known.
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