The environmental issue concerns more and more people and in particular those who wish to acquire an electric car. But today what are the solutions to offer it quickly and at a lower cost? Apart from all the aid, can we make an electric car loan? Yes, but provided you take advantage of the best rate. Because there is no electric car loan as such. And when they exist, it is limited to a marketing way of presenting a car loan labeled “electric vehicle”.
To get the best rate for electric car credit, nothing could be simpler: we compare all the offers of the largest credit organizations. In addition, it will be possible to obtain a non-binding appraisal from the cheapest credit organization to find out whether it is actually possible to obtain the best electric car loan.
We will also detail in this article all the other borrowing possibilities but also all the financial aid that it is possible to obtain.
Electric car credit: get the best rate
To find the lowest rate electric car credit on the internet, going through a credit comparison is the fastest and most advantageous option. Because on Capitaine Crédit, you will only have to fill in one questionnaire. We also give the possibility of choosing the three best offers of our ranking in one click in order to increase the chances of acceptance of the electric car credit. You will have to provide proof of purchase of the vehicle to add to the electric car credit file in case of agreement in principle from one of our partner organizations.
It is quite possible to buy the car without contribution to get the loan because as we will see, to lower the overall price, the old vehicle is often the subject of a special recovery.
Save on electric car credit
An example of comparison will encourage the most reluctant to understand the interest of using a credit comparator before taking out an electric car loan.
An electric car has an average price of $ 20,000, bonus deducted. So let’s take an example of a car loan in the amount of $ 20,000 to be repaid in 60 monthly installments:
- Lowest rate: 3.51% Monthly payment: $ 363.43 Cost of electric car loan: $ 1,805.80
- Highest rate: 7.56% Monthly payment: $ 398.96 Cost of electric car credit: $ 3,937.60
More than $ 2,000 difference between the first and the last offer in our ranking for exactly the same electric car credit. And the most expensive organization when we carried out this survey is far from being the least known…
Electric car loan: the alternatives
The electric car loan in concession
Many credit offers are made by dealers throughout the year, as can be seen regularly in TV commercials. At first glance, they seem to benefit from the best offer. But beware, because some often hide obligations to be respected, such as a very short repayment term or compulsory insurance not always useful but which remains expensive.
The best thing to do to take advantage of the best electric car loan offer in dealerships is to keep yourself informed by checking all the conditions of the loan offer (monthly payments, additional insurance included, options of the car covered by the credit, etc.). ). But above all, do not neglect the possibility of negotiating. For more information, read our article auto loan at 0% APR fixed rate.
Banking is also a good option
An electric car loan can just as easily be obtained from his bank. For this, it will still be necessary to have a good professional and financial situation to hope to have an agreement from the bank. And even in this case, going through a comparator will make it possible to have a first agreement in principle with a specialized organization offering a very attractive rate.
Getting a first new car credit agreement at the best rate on the web will help prepare for negotiation with the banker. Either it does better, or you already have the best deal in your hands.
Aid for the purchase of an electric car
With the aim of preserving the environment and reducing the cost of purchasing an electric vehicle, numerous aids have emerged to encourage the French to cross the threshold of the electric car. Find out about the assistance you need before getting into an electric car loan to be sure of the total amount to borrow.
Regarding the purchase of a used electric car, certain organizations offer specific used car loans.
The ecological bonus up to $ 6,300
It consists in rewarding the purchasers of new cars emitting very little CO2 and conversely, it penalizes the purchase of excessively polluting vehicles. This bonus which can go up to $ 6,300 (CO2 emission <20g), in particular for electric cars, will in most cases be directly deducted by the seller when purchasing the vehicle (as seen in the example). Please note, because this aid cannot, however, exceed 27% of the total cost of the car purchased including tax.
The super bonus of up to $ 10,000 (ecological bonus included)
This aid, additional to the ecological bonus, allows for the replacement of a diesel vehicle over 10 years old by an electric car to benefit from a conversion premium of up to $ 3,700. Bringing the total premium to a maximum of $ 10,000.
Tax credit up to 30% for the installation of a charging station
There is one last national aid for the installation of charging stations at home (no impact of the amount of the credit car electric car). More particularly in favor of carrying out energy improvement works for private dwellings. The percentage of the tax credit obtained will then be deducted from income taxes, the year following the installation work.
There are also local aids, and to find out about them and benefit from them, we invite you to visit the website for your region or to inquire directly with your town hall, prefecture or regional hotel.
Some insurances also lower their costs
Some insurers have decided to go in the direction of the state by offering more attractive rates for buyers of electric cars. Refer to your insurance to find out if the latter gives the right to a reduction in the cost of insurance, following the purchase of an electric car.