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Savings in use
Whether it's a new or second-hand vehicle, the choice of the French has always been dictated by the budget. The question of budget and the savings to be made is an essential point to take into account.
Electric vs internal combustion vehicle: purchase price
A electric vehicle meeting the same criteria (model, category and autonomy) costs more to buy than a thermal vehicle. By analysing the price of a electric vehicleThere are several reasons for the extra cost:
- Economical in the long term : The price of electric vehicle is determined by the price of batterywhich represents one third of the price, and the savings passed on to the final cost of the product. electric vehicle assistance, maintenance, insurance and recharging.
- Research & development : the electric vehicles have been on the market for several years now, but the electric car remains a innovation technology. Manufacturers are investing heavily in the development from electric vehicles and production costs are fairly high. A little help for our manufacturers!
Electric vs internal combustion vehicles: subsidies
Starting in 2019 grants can be added to the purchase of a electric vehicle have been introduced by the French government. This national or even regional to accelerate the acquisition of a electric vehicle in households and help the most modest households.
To find out more about regulatory context related to electric mobility, consult our article on the Mobility Orientation Law.
The ecological bonus
What is it? Le environmental bonus is a national subsidy with a ceiling of €6,000 (inc. VAT) for individuals and €5,000 (inc. VAT) for businesses. The amount of aid is 27 % of the acquisition cost, including tax, of the electric vehiclebut, given the advertised price, you generally get the full benefit of the environmental bonus.
For what type of financing? If you opt to buy the electric vehiclethe environmental bonus will be deducted from the total price including VAT at the time of quotation and for a rental (LLD or LOA), the bonus will be added to the first injection.
How can I get this help? The aid is deducted directly at the dealership, or if the dealership does not wish to pay for your environmental bonuswhich almost never happens, you can be reimbursed after making a request to the Ministry of the Environment website.
What are the qualifying conditions? To qualify for this aid, you must meet the following criteria:
- Le electric vehicle must be new.
- The vehicle may not be sold within 6 months, or before it has covered more than 6,000 km.
- The vehicle must be registered in France.
For more information, visit our article on the changes to the ecological bonus for 2023.
The conversion premium
What is it? La conversion premium is a help can be combined with the environmental bonus This aid is cumulative and consists of scrapping an old diesel or petrol vehicle. This aid ranges from €2,500 to €5,000 and is determined on the basis of your taxable income per unit and your status.
What is the amount of aid?
The professionals:
- legal entities meeting the criteria, you can benefit from 2,500 euros.
Individuals:
- individuals with a reference tax income of < €1,3478 are eligible for a €5,000 bonus for a new home. electric vehicle or 3,000 for a combustion engine vehicle.
- individuals with a reference tax income of > €1,3478 will receive a €2,500 bonus for a electric vehicle or 1,500 for a combustion engine vehicle.
What are the qualifying conditions? To qualify for this aid, you must meet the following criteria:
For the vehicle to be destroyed :
- The vehicle must have been registered in France before 1 January 2006 for a diesel vehicle or before 1 January 1997 for a petrol vehicle.
- The vehicle must be a passenger car or light commercial vehicle.
- Belongs to the name on the registration document for 1 year.
- Must not be pledged.
- Not to be considered as a damaged vehicle.
- The vehicle must be insured on the date it is handed in for destruction or on the invoice date of the new vehicle.
For the vehicle purchased :
- Must be a passenger car or light commercial vehicle.
- The maximum price per vehicle is €60,000 including VAT.
- Must be purchased and registered in France.
- Not to be considered as a damaged vehicle.
- Not be sold within 6 months of purchase or before it has covered 6,000 km.
How do I get help? To obtain the grant, you need to complete an application on the website conversion premium. The vehicle must be handed in for destruction within the 3 months preceding or the 6 months following invoicing of the new vehicle to an "end-of-life vehicle" centre. The aid is received within 6 months of the vehicle's purchase.
Regional aid
Le environmental bonus and the conversion premium are national subsidies that go a long way towards reducing the price of electric vehicle for purchase. The French regions, towns and departments involved in supporting French mobility have introduced additional aid for private individuals and professionals, which can be combined with national aid. You can find all the regional and local grants in our article here.
Electric vs internal combustion vehicles: fuel costs
As far as fuel costs are concerned, recharging electrically costs less than using petrol or diesel. On average, you need to spend around €2 on electricity for a 100 km charge, compared with €10 on fuel for a combustion model for 100 km. All in all, the electricity budget is divided by 5 when you recharge your car using electricity.
Example:
Electric car: based on an average of 20,000 km/year
1666.66667 km/month ÷ 100 km-> 16.6666667 x €2 = €33.34 x 12 months = €400.08
Thermal case: on an annual average of 20,000 km/year
1666.66667 km/month ÷ 100 km-> 16.6666667 x €10 = €166.7 x 12 months = €2,000.4
If you drive 20,000 km/year with an electric vehicle, you'll spend €400.08, whereas with a combustion vehicle you'll spend €2,000.4, a difference of €1,600.32.
Electric vs internal combustion vehicles: insurance
By law, all cars on the road must be insured, regardless of the engine used.
According to estimates by various insurers, the insurance of a electric car is often cheaper than a combustion model (petrol or diesel), with differences of between 5 and 50% for electric vehicles compared with combustion engine cars. Insurance companies offer attractive deals: discounts, rebates, free first month, etc. In order to retain drivers of electric vehicles in a new and innovative market.
According to a study by AXA in 2019, electric cars are cheaper to insure because they cause 10% fewer claims than their internal combustion counterparts, since an electric vehicle has a shorter range and limited distances, as well as a lower speed. The probability of having an accident is therefore lower.
On the other hand, for SUVs and luxury cars, the frequency of claims is 40% higher due to :
- very rapid and silent acceleration, much more so than an internal combustion engine,
- over-reliance on semi-autonomous driving.
Electric vs internal combustion vehicles: maintenance
Maintaining a electric car is much cheaper than an internal combustion vehicle, since a electric vehicle is made up solely of an electric motor, a battery, a transmission system with no gearbox, and electronic components. Electric motors are renowned for their longevity (up to 10 years) and maintenance is recommended every 30,000 kilometres, compared with 15,000 kilometres for a petrol engine and 20,000 kilometres for a diesel.
In the end, maintaining a electric vehicle is limited to windscreen washers, windscreen wipers, tyres and brake pads/discs, whereas on a combustion vehicle it includes oil changes, timing belts and spark plugs, among other things.
Other possible savings
In addition to the advantages on the cost of the vehicle, savings and free solutions are offered to owners of a electric vehicle such as the parking at preferential rates, or even free of charge in some French towns and cities, total exemption from regional tax on vehicle registration documents, the advantageous tax for professionals...
The calculations of TCO (Total Cost of Ownership) or total cost of ownership) show that between a electric vehicle and an internal combustion vehicle meeting the same criteria over a period of 36 to 48 months, the overall budget for acquisition and long-term use is lower for an internal combustion vehicle than for an internal combustion vehicle. electric vehicle.
Impact on the environment
The transport sector is the the main cause of urban pollution which accounts for 30 % of final energy consumption. Since the opening up of the electricity market, the electric car is a good solution to this problem in terms of modifying environmental impact.
Electric vehicle vs internal combustion engine: CO2 emissions
According to a study by the European Federation for Transport and Environment, the CO2 emissions are 77% lower for electric than for gas.petrol in France. On the other hand, in the production phase, CO2 emissions are 30% higher for the production of a electric vehicle than for a combustion engine vehicle.
This increase in CO2 in production is explained by the extraction of materials such as lithium, manganese and nickel. cobalt which are materials with a high environmental impact.
In terms of recycling electric vehiclesIn France, the recycling rate for internal combustion vehicles is 95%.
Comfort and noise
If you have already been on a electric vehicleAs you've probably noticed, it emits absolutely no noise or vibrations. This is in contrast to a combustion engine vehicle, which emits almost 65 decibels. This detail brings a comfort for the driver and passengers of a electric car.
From a legal point of view, a electric vehicle emits so little noise that a pedestrian safety measure has been added in 2019 allowing the addition of an artificial sound of at least 56 decibels up to 19 km/h or a reverse gear to signal the presence of a vehicle to pedestrians accustomed to the noise emitted by a thermal vehicle (petrol and diesel) when walking in the street.
And you, will your next car be electric or combustion?
