We know that not everyone can afford to buy a new car, despite the fact that prices have been rising rapidly in recent years.

Social leasing: hidden value

Especially since the state authorities are now doing everything to encourage motorists to switch to electric cars, even if this engine costs even more. That is why the government introduced social leasing, which allows you to drive a new electric car for only 40-150 euros per month. However, it is important to note that these amounts are not completely accurate, as they do not include, for example, insurance. This is according to a study published this Tuesday non-insurer Leocare, and it could change everything. This thorough study estimates the costs associated with 17 models suitable for this system, taking into account 3 different driver profiles. And the results actually show that the total monthly cost is between €86 and €264, including insurance. The company takes the example of a very profitable profile, which, unfortunately, is not always representative of the entire population.

Social leasing: the price may vary

Indeed, Leocar explains that “A 38-year-old woman, a civil servant, living in a house in Rennes, with a vehicle parked outside, doing private trips and trips home, with a 50% bonus, no claims for the last 3 years will have to pay €86.67 per month for Renault Twingo E-Tech“. In contrast, “a 23-year-old male salesman, living in Boulogne-Billancourt, with a car parked on the street, who makes private trips and trips home, with a coefficient of 0.76, no claims in the last 3 years” will have to pay €158.40 month. Renault Twingo is not the only one whose real value increases with insurance. On such models as Peugeot e-208, Nissan Leaf, Volkswagen ID.3 and e-up!, Cupra Born and Hyundai Kona, the cost of insurance even exceeds the cost of social leasing for at least one of the profiles tested by Leocare. A poisoned gift that few motorists know about.

So be sure to double check everything before you start to avoid unexpected expenses!