still no electric car for some because…

still no electric car for some because…
still no electric car for some because…

Social leasing: a debt of 100 million euros for the State

For several months, the French State has not reimbursed either the advances from the ecological bonus, nor the 13,000 euros that it had promised to cover for each electric car eligible for social leasing. These payment delays now reach more than 100 million euros, creating financial difficulties for many automobile distribution groups. A shame when the government has decided to double its budget and the number of files retained for this system: 600 million euros instead of 300 million for a total of 50,000 files validated against 25,000 initially.

The administrative inefficiency of the Services and Payment Agency (ASP), responsible for these reimbursements, is directly pointed out by automobile distributors. As Xavier Horent, general delegate of Mobilians, formerly known as the Chambre syndicale du commerce de l’automobile, rightly points out: “ What is the point of signing a strategic automobile sector contract if administrative management is unable to follow? “.

Forced financial distress for dealers

It’s no secret: the electric vehicle market in France essentially depends on public aid. The proof is: the end of public aid in Germany led to a 29% drop in sales of electric vehicles in March 2024. The promise of obtaining an electric car for around 100 euros per month via social leasing in France has, unsurprisingly, caused the number of applications to explode. “ We cannot afford to say no when customers arrive at the dealership for electric leasing “, declares a distraught dealer.

The concerns of professionals in the sector are not limited to this aspect alone. Dealers are also concerned about how they will manage their inventory as well as the value of electric vehicles, which could become obsolete after 3 years of leasing due to technological advances in this sector. Some are borrowing to respond to pressure from consumers and car manufacturers, others, exasperated, have decided to suspend deliveries until they receive their reimbursement. Ultimately, with such a large debt, the State does not keep its promise to dealers, but also, indirectly, to consumers. The renewal of social leasing which could potentially increase to 100,000 files in 2025 is enough to leave one skeptical…

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