Thursday, March 19, 2020

What are the arrangements for renting or maintaining a vehicle?

Today, the automobile is often an essential tool for meeting daily needs. Whether going to work, driving kids to school, or running errands, it can be difficult to get around without a vehicle.
But buying a car is a big investment, and people with the lowest incomes are faced with an expense that they cannot budget for. In some cases, it may be better to consider renting or even lending a vehicle.
Aid exists for the purchase of a car . Some are set up by the government. This is the conversion premium or the ecological bonus. In addition to these government grants, you can also benefit from assistance to buy a car from local associations and initiatives . These vary according to the territories.
Continue reading this article, you will find the list of aid for the purchase of a car or the rental with option to purchase (LOA) of a new or used vehicle, as well as local or associative initiatives to accompany you in your car trips.
This involves replacing your passenger car or petrol or diesel van with a low-emission vehicle . Your old vehicle is then destined for scrap. This premium applies for the purchase or rental with option of purchase (LOA) of an electric vehicle, private car or van, 2 wheels, 3 wheels or quadricycle.
This aid concerns vehicles intended for destruction registered before 2001 for a diesel car (2006 if the applicant is non-taxable) and registered before 1997 for a petrol car.
If your current vehicle is eligible for the scrapping bonus, the premium is determined by the type of vehicle purchased or rented, your tax situation at N-2 (2018 for purchase in 2020) as well as the mileage to get to your place of work. In 2020, the amount of the premium varies from € 1,000 to € 5,000 . This aid can be combined with the ecological bonus.

Help with the purchase of a new electric car: The ecological bonus

This government assistance is intended for adults over the age of France. The purchase or rental with option to purchase must relate to a new electric vehicle (private car, van, 2 wheels, 3 wheels or quadricycle) registered in France.
For the purchase of a car or van , the amount of this premium is 27% of the vehicle's inclusive price. This aid is capped at € 6,000.
For the purchase of a motorized vehicle with 2, 3 wheels or quadricycle , the amount of the bonus varies from 20% (or € 100) to 27% (or € 900) of the price including VAT depending on the power of the engine, plus or less 3kWh.
For the purchase of an electric bicycle , state aid comes in addition to local aid and the sum of the two premiums is the lower of the following two amounts: 20% of the purchase price including tax or 200 €.
If the dealer does not advance the amount of the ecological bonus to you by deducting it from the purchase price, it is up to you to request it online . This aid can be combined with the conversion bonus if you are eligible.