The Renault Twingo electric model is now available for as little as 99 euros per month, a significant drop from its previous estimate of at least 130 euros per month. This change is due to a new government grant aimed at helping lower-income households afford electric vehicles. The Twingo is now listed on Renault's website with a long-term lease option that runs for 37 months and includes a lower mileage limit of 30,000 kilometers instead of the usual 45,000. This offer also requires a down payment of up to 1,000 euros, unlike the previous social leasing option, which included a grant of 5,652 euros to cover the first payment.
The new offer is part of an expanded grant program known as the CEE (Certificats d'Économies d'Énergie), which has increased from 6,180 euros to 7,070 euros for eligible households. This grant is specifically reserved for families facing energy insecurity with an income per person of up to 11,250 euros. While qualifying for this grant can be challenging, it makes the Twingo a more attractive option for those who meet the criteria. For just 99 euros per month after the initial down payment, buyers get a four-seater, five-door city car with a range of 263 kilometers, which is more than enough for daily travel.
The Twingo comes equipped with standard features such as air conditioning, a 10-inch touchscreen, and independent and sliding rear seats. However, the vehicle has a standard AC charging rate of 6.6 kW. For those who want faster DC charging at 50 kW, an additional 500 euros is needed, which also includes a bidirectional AC charger at 11 kW. It is worth noting that households with an income per person between 11,251 euros and 16,880 euros receive a slightly smaller grant of 6,030 euros, while others receive 3,620 euros.
If purchased outright, the Twingo costs 13,430 euros for the least affluent half of the French population (deciles 4 to 5) or 12,420 euros for those in the lowest income brackets (deciles 1 to 3). This price reflects the government's efforts to make electric vehicles more accessible to lower-income households through targeted financial assistance.
Renault Twingo Electric Becomes More Affordable for Low-Income Households
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