What is a modest income?
There are several ways of classifying household incomes in France: income for the working and modest classes, the middle classes and then the affluent classes.
The modest class includes individuals with a monthly income of between €760 and €1,240.
According to the classification established by the decision-making bodies, a modest income depends on several factors
- salaries
- asset income
- income from self-employed workers
which will determine your eligibility for this microcredit, and then the amount you can be granted.
Where to find us :
As you can see, people with an annual income of less than €21,600, represented in the yellow part of the fresco, are eligible for this social assistance.
A microcredit that applies only to "clean vehicles".
What are "clean vehicles"?
The term "clean vehicle" refers to all vehicles with very low or even zero emissions of pollutants.
These low-emission vehicles include :
- Electric or rechargeable hybrid vehicles - with Crit'Air' Zero classification
- Thermal cars and vans with CO2 emissions less than or equal to 132 g/km - classified as Crit'Air' 1
- Two- or three-wheelers and quadricycles with electric motors.
This joint credit applies to the purchase of both new and used vehicles. What's more, it can even be used to purchase a vehicle under a long-term leasing contract (LLD) or a lease with purchase option (LOA).
Consult the catalog of cheapest electric vehicles on the market in 2023.
Beev offers multi-brand 100% electric vehicles at the best prices, as well as recharging solutions.
5,000 Microcredit
This micro-credit is designed for people excluded from the conventional banking system. À In other words, all individuals who are in a position to repay such a purchase, but who do not fully meet the criteria of banking institutions. If they don't qualify, they can't borrow through a conventional bank.
50% government-backed
What's most reassuring is that the government will guarantee half of the amount. The lender will then ask you to present a guarantor for the remaining 50%.
A guarantee from someone close to you is perfectly acceptable, whether they are a family member or not. The guarantor can be a friend, colleague or spouse... but you can also turn to a banking institution, such as your own, which will be able to insure your microcredit.
5,000 € microcredit : How do I get one?
To apply for the new microcredit, and estimate the amount you are entitled to on the basis of your income, contact one of the social support services in your town of residence.
- The Red Cross -> To contact them
- Les restos du Coeur -> Here is the list in France
- Secours catholique
- Regional chambers for social overindebtedness (Cresus)
- Rural Family Federation
- National Union of Family Associations (Unaf)
- National Union of Communal Social Action Centers (Unccas)
The organizations listed above will study your application, put it together and then pass it on to an organization able to support the purchase.
They take care of all the administrative formalities.
What other forms of assistance can microcredit be combined with?
Aimed at boosting the ecological transition in the automotive sector, the government had previously introduced the famous "ecological bonus" of up to €7,000.
As well as a conversion bonus of up to €4,500.
You can find out more about changes to the ecological bonus hereas well as details of all subsidies for the purchase of an electric vehicle.
Microcredit for those who don't yet have a driving license
This micro-credit can be very interesting for new drivers. Indeed, if you take into account the bonuses applicable to the price of electric vehicles, they deduct a sizeable amount from the initial price of the vehicles. For those who don't yet have a driving license, this microcredit could be used to finance both needs. It will be adapted to their financing capacity.
💲 Whether for personal use or for self-employed professional activity.
If you choose an electric vehicle
Dacia Spring: the cheapest on the market
The least expensive electric at €12,304!
What makes this offer so attractive?
The initial price of the Dacia e spring is €16,690. All the subsidies combined allow you to deduct more than 27% of this initial price.
Particularly in the Ile-de-France region, where you can benefit from additional local aid, and reduce the price for a purchase of €1,300. All that remains is to define the monthly payments over 5 years, which will by no means be high.
