Don’t want to dip into your savings to finance this purchase?

Start by determining the amount needed for your purchase, including both the price of the bike and any additional equipment. Then, estimate the corresponding monthly payment, based on the planned term. It’s important to calculate your repayment capacity as well as your debt ratio. These two criteria are essential for banks when reviewing your loan application.

The next step is to compare the credit offers proposed by different banks and other financial institutions in order to benefit from the best rate.

Once you’ve found the right offer, carefully prepare your application. This includes all the documents requested by the bank. This includes your ID, proof of address less than three months old, proof of income, your tax notice, and your bank statements.

After reviewing your application, the bank will submit a loan offer detailing the terms of your electric bike loan. It’s essential to read all the terms of your loan carefully. If you change your mind, you have a 14-day cooling-off period after signing to cancel the agreement.

What measures are available to support the purchase of an electrically assisted bicycle (EAB)?

Need a little help buying your electric bike? Local authorities and the State are promoting green mobility .

Local authority bonuses

Town halls, departments, and regions offer assistance for the purchase of an electric bike. The applicable conditions and amounts vary depending on your place of residence.

Many other local authorities have taken the gamble of encouraging the acquisition of electric bikes. Don’t hesitate to inquire.

Microcredit for riding an electric bike

Are you short on cash to finance your new electric bike? Consider a microloan .

This type of financing was established to support people on very low incomes. It allows you to quickly receive small sums to help you finance your projects.

It should be noted that microcredit, although intended to support people with very low incomes, remains a loan that must be repaid according to the agreed terms.

The bike bonus

If your reference taxable income does not exceed €15,400 or if you are disabled, you are entitled to the bicycle bonus for a new or used model. The following conditions must be met:

If you are disabled or if your taxable income is less than or equal to €7,100, the bonus amount is €400. For taxpayers whose taxable income is between €7,101 and €15,400, the aid is capped at €300 .

Please note: the bicycle bonus can only be used once. It can be combined with the conversion bonus in addition to local aid.

The conversion bonus requires the destruction of a polluting vehicle. This must be a car registered before January 1, 2011 for a diesel vehicle or before January 1, 2006  for a gasoline vehicle.

Low-income or very low-income households classified as high-mileage drivers receive a bonus of €3,000. Other households, whose reference tax income per unit is less than or equal to €24,900, receive a bonus of €1,500.