What is a modest income?
There are several ways of classifying household income in France: income for the working and modest classes, the middle classes and then the affluent classes.
People with a monthly income of between €760 and €1,240 belong to the modest class.
According to the classification established by the decision-making bodies, a modest income depends on several factors
- salaries
- income from assets
- income from the self-employed
which will determine your eligibility for this microcredit, and then the amount you can be granted.
To find out where you are :
As you can see, people with an annual income of less than €21,600, shown 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 termclean vehicle"All vehicles with very low or even zero emissions of pollutants.
These low-emission vehicles include :
- Electric or rechargeable hybrid vehicles - classified as Crit'Air' Zero
- Combustion-powered cars and vans with CO2 emissions of 132 g/km or less - with Crit'Air' 1 classification
- Electrically powered two- or three-wheelers and quadricycles.
This joint credit applies to the purchase of a new or second-hand vehicle. What's more, it can even be used to purchase a vehicle on a long-term leasing contract (LLD) or a lease with an option to buy (LOA).
Consult the catalogue of the cheapest electric vehicles on the market in 2023.
Beev offers multi-brand 100% electric vehicles at the best prices, as well as recharging solutions.
Microcredit of €5,000
This micro-credit is designed for people excluded from the traditional banking system. À In other words, all individuals who are in a position to repay such an acquisition but who do not fully meet the criteria of banking institutions. If they do not qualify, they cannot borrow through a conventional bank.
Guaranteed 50 % by the State
The most reassuring thing is that the government will guarantee half of the amount. The lender will then ask you to provide a guarantor for the remaining 50%.
A guarantee from someone close to you is perfectly acceptable, whether they are a member of your family or not. The guarantor may be a friend, colleague or spouse, but you can also approach a banking institution, such as your own, which will be able to insure your microcredit.
Microcredit of €5,000 : 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 following organisations social support services of your town of residence.
- The Red Cross -> To contact them
- Les restos du Coeur -> Here is the list for France
- Secours catholique
- Regional chambers for social over-indebtedness (Cresus)
- Rural Families Federation
- The National Union of Family Associations (Unaf)
- National Union of Communal Social Action Centres (Unccas)
The organisations listed above will examine your application, put it together and then pass it on to an organisation that can 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 premium of up to €4,500.
You can find out more about changes to the environmental bonus at hereas well as all the details of all aid for the purchase of an electric vehicle.
Microcredit for those who don't yet have a driving licence
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 fairly large amount from the initial price of the vehicles. For those who don't yet have a driving licence, 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 professionals.
If you choose an electric vehicle
Dacia Spring: the cheapest on the market
The cheapest electric at €12,304!
Why is this offer so attractive?
The initial price of the Dacia e spring is €16,690. All the grants combined mean that you can deduct more than 27% from this initial price.
Particularly in the Ile-de-France region, where you can benefit from additional local grants, and reduce the price for a purchase of €1,300. All that's left is to work out the monthly repayments over 5 years, which will by no means be high.
