Emmanuel Macron Announces Social Leasing for 2024: Detailed System to Be Revealed in November

2023-09-25 18:10:00

Emmanuel Macron confirmed that social leasing will be ready for 2024. The system will be detailed in November.

Still a little patience. But we are reaching the goal. During his speech at the end of the “National Council for Ecological Planning”, Emmanuel Macron confirmed that social leasing will be in place in 2024. And he has arranged to meet in November for the detailed presentation of this system that he has been promising for over a year and a half. This was one of the measures of his program during the 2022 presidential election.

Social leasing is the promise of democratization of electric cars, by facilitating their access for low-income households. Emmanuel Macron has set a symbolic floor price: only €100 per month. A hell of a challenge for the government and manufacturers. The latter do indeed display aggressive prices thanks to rental offers, but with conditions which mean that we are ultimately far from €100 per month.

The difficulty in obtaining a “real” price of €100 per month explains the long delay in implementing the measure. We do not yet know how the efforts are distributed between manufacturers, financing organizations and the State. Because the latter should put his hand in his pocket to help finance the purchase project, perhaps by further strengthening the bonus for the most modest households. Especially since an additional condition was added to this, that of reserving social leasing for cars manufactured in Europe, excluding those from China, for example the Dacia Spring!

Emmanuel Macron indicated that social leasing will initially concern a few tens of thousands of cars next year. 2024 should be a year of running-in of the system, which must be, according to the President, “well targeted” and “fair”. The Head of State mentioned the opening of a “window”, which should make it possible to centralize requests by listing all eligible models.

These are not yet known. But from Renault there should be the electric Twingo then the new R5, and from Citroën the new electric C3 which will be presented in October.

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