The end of combustion-powered cars
All things must come to an end, and this will soon be the case for combustion-powered cars. That's right, the European Commission's plan to reduce CO2 emissions from new cars in Europe to zero. Approved in June 2022 by MEPs and EU member states, this plan involves end the sale of new combustion-powered cars in 2035. Then, in 2050, the aim is to achieve carbon neutralityi.e. to have no vehicles using combustible fuels on the roads.
The aim is to have only clean vehicles that emit no CO2 when on the road. This is a major step forward in the fight against global warming, given that cars will account for 20% of global CO2 emissions emissions in 2021, according to a study by the International Energy Agency.
Government assistance
The French government has made a number of grants available to help you acquire an electric car with reduced purchase or leasing costs for people who can't afford to buy an electric vehicle for less than €47,000.
The ecological bonus
The ecological bonus is a to encourage consumers to switch to a cleaner vehicle.. This ecological bonus 2023recently announced by President Emmanuel Macron, varies according to vehicle price and category. It will also be more advantageous for the most modest families to be able to buy a new electric car.
| Vehicle categories | From January 1, 2023 |
|---|---|
|
Electric vehicles (CO2 ⩽ 20 g/km) under €47,000 |
27% of the price, capped at €5,000 (€7,000 for low-income families) |
|
Electric vehicles (CO2 ⩽ 20 g/km) under €47,000 (legal entity) |
27% of the price, up to €3,000 |
|
Electric vehicles (CO2 ⩽ 20 g/km) from €47,000 to €60,000 |
0 € |
|
Plug-in hybrid vehicle (CO2 emissions between 21 and 50 g/km) up to €50,000 and range > 50 km |
0 € |
See also: Ecological bonus: what changes in 2023?
The conversion bonus
Like the ecological bonus, the conversion premium will enable you to reduce the price of your electric vehicle. To benefit from this aid, you'll have to scrap your diesel or petrol vehicle when you take delivery of your new car. This will enable you to replace the polluting vehicle with a clean one. In 2023, this conversion premium will range from €1,500 to €4,000.. The amount will be higher or lower depending on your reference tax income, the vehicle you wish to destroy and the one you wish to acquire. You can test your eligibility on the service-public.
Regional aid
In addition to national grants, you can also benefit from regional grants. In fact, many many regions can help you make the transition to a greener future, by offering you additional support.. For example, under the Greater Paris subsidy, you'll get help if you scrap an old vehicle you've owned for at least a year, and replace it with a "clean" one. Here's how much assistance you'll receive, depending on your reference tax income. Please note that this regional assistance can be combined with the French government's set up by the French government.
| Reference tax income (new electric and hydrogen cars) | Amount of assistance |
|---|---|
|
the vehicle is purchased or leased by a natural person with an RFR/Part less than or equal to €14,089 |
up to €7,000 incl. tax |
|
the vehicle is purchased or leased by an individual with an RFR/Part exceeding €14,089 |
up to €5,000 incl. tax |
|
the vehicle is acquired or leased by a legal entity |
up to €3,000 incl. tax |
| Reference tax income (new electric or hydrogen trucks) | Amount of assistance |
|---|---|
|
the vehicle is purchased or leased by a natural person with an RFR/Part less than or equal to €14,089 |
up to €8,000 incl. tax |
|
the vehicle is purchased or leased by an individual with an RFR/Part exceeding €14,089 |
up to €6,000 incl. tax |
|
the vehicle is acquired or leased by a legal entity |
up to €4,000 incl. tax |
Many other regions offer additional assistance!
See also : what kind of support is available for your electric car in 2023?
Your driving habits
Today, some people choose their car by looking at its appearance and also by how quickly it goes from 0 to 100 km/h. However, a car should be chosen according to your needs and driving habits. If your daily commute is mainly around town, a diesel car will only cost you more fuel, and therefore more money. In this case, the electric car is the better choice, providing you with driving comfort, but also fuel savings. Indeed, the price of a liter of gasoline hovers around €1.90, while the price of a kW recharge is around €0.15. So you'll notice a difference of several dozen euros between a full charge of an electric car and a full tank of petrol.
If you're on a more rural route, an electric electric SUV such as the Kia Niro EV is sure to please. Being very spacious and with a greater range than the city carsif you don't want to recharge your electric car too often. However, if you're looking for a city car, the Dacia Spring could be an excellent low-cost choice.
Read also: Top 8 electric cars with the lowest fuel consumption
A contract coming to an end
If there's one moment when we start wondering about our future car, it's when we reach the end of our leasing contract. the end of our leasing contract (whether LLD, LOA or LMD), or when it's time to say goodbye to the car that keeps breaking down.
If you're currently in this situation, or will be in the next few months, going electric now is certainly the right solution.. With the end of combustion engine car sales in 2035, electric cars are just waiting for you. What's more, you'll have plenty of opportunities to get your electric vehicle.
You can decide to buy your car so that it's all yours. Or you can opt for leasing:
- Long-term leasing (LLD), a contract with a term of between 24 and 60 months.
- medium-term leases (LMD): contracts ranging from one month to 24 months.
- a lease with purchase option (LOA), similar to a long-term leasing contract, but with the option of buying the vehicle or returning it to the lessor if you wish.
If you'd like to know which contract is right for you, contact our experts, who will answer all your questions.
See also: How to negotiate car insurance for an electric car?
You dream of technology
Among electric cars, some are real technological technological gems. When you love all things technological, driving an electric car can be very satisfying.
Among the many electric cars on the market, a few have been designed to be real electric cars and not an adaptation of their combustion version. For example, the Tesla electric cars are computers on wheels, offering a unique driving experience. Volvo is also developing electric vehicles that will surprise us, such as the future Volvo EX90 SUV.
Save money
Yes, switch to an electric car will save you money. Although the list price is higher than that of internal combustion cars and often frightening, in the long term you'll start to realize the savings you've made.
Take the example of a Peugeot e-208 100% electric LIKE finish and a Peugeot 208 internal combustion LIKE finish. At list price, the electric version costs €34,800 with the ecological bonus are reduced to €27,800, then you'll be able to benefit from additional conversion bonuses and lower your list price once again. For the internal combustion version, the list price is €19,200, and you won't be able to benefit from the ecological bonus.
Moving on to fuel costs. For a gasoline-powered car, the price of fuel is around €1.90 / L. To cover 100 km, you'll need 6 L, i.e. €11.40. For an electric car, the cost of recharging is €0.15/kWh at peak times. To cover 100 km, you'll need 15 kWh, i.e. a recharge costing €2.25. This means a difference of €9.15 between the two cars to cover 100 km. !
There's also a price difference in terms of maintenance. For an electric car, annual maintenance costs are around €120, compared with around €350 for a combustion-powered car.
All these price differences can be calculated in the total cost of acquisition (often called the TCO), which can be calculated by our experts.
The right time for professional electric cars
As a professional, you may be wondering when to renew your fleet with electric cars. If you've read the various points above, you can more or less follow them for your electric company cars.
Taking into account the LOM law
The loi d'orientation des mobilités (LOM) introduced in December 2019 aims to encourage the use of electric vehicles in companies. As a result, from January 1, 2024, 20% of the fleet of a private company or a company with more than 50 employees and 100 cars in its fleet. This percentage will increase to 40% in 2027, and to 70% in 2030. The aim is to achieve a fleet with 100% electric cars.
Exemption from company car tax
One advantage available to companies is the exemption from company vehicle tax (TVS). A company with company cars has to pay this tax every year, but if you have a fleet of electric vehicles this tax will be waived, saving you money..
More advantageous depreciation for electric cars
Currently, if you own a combustion-powered car, the depreciation is €20,300 each. But do you know how much an electric car depreciates? You can depreciate your vehicle up to €30,000, But you can also depreciate the battery separately from the car, by requesting two separate invoices. What's more, battery battery depreciation is now uncapped.
In conclusion
In conclusion, the choice to switch from combustion to electric cars electric car depends above all on your situation and your means. One of the best times would be at the end of your leasing contract, or if it's high time for you to change cars. Of course, the most important thing is to do what you want, but above all, what you need.
