Do you need to buy a new bike? While there’s still time, take advantage of this government assistance to finance your purchase. You will save money!
At the end of the year, with all the shopping to be done for Christmas, any financial help is welcome, especially if it allows us to save money. So if you were thinking of replacing your old bike or equipping yourself with a brand new bike, this article will certainly be useful to you. Indeed, the “bike bonus” is a very practical aid to finance the purchase of a traditional bike, an electric bike, a cargo bike or even a folding bike. This state subsidy is aimed at a large number of French people.
How do I know if I am entitled to the bicycle bonus? Eligible people are adults, domiciled in France and whose reference tax income is less than or equal to 14,089 euros (RFR), as well as people with disabilities who have proof. Regarding the amount of the bike bonus, it amounts to 40% of the cost of the bike, which is far from negligible when you go to checkout. However, the amount is capped depending on the type of bicycle chosen:
- For the purchase of a new traditional bicycle (without assisted pedaling), you can get up to 150 euros.
- For an electrically assisted bicycle, the bonus amounts to a maximum of 400 euros if you can justify an RFR less than or equal to 6,358 euros or if you are disabled. In which case, the amount of aid drops to 300 euros.
- For a cargo bike, a folding cycle, or for electric trailers, the bonus can reach up to 2,000 euros, if again, you have an RFR less than or equal to 6,358 euros or if you have a disability. Otherwise, the amount is 1,000 euros.
To request it, simply go to the website primealaconversion.gouv.fr and fill out a form with the requested supporting documents. The aid in question is part of the “cycling and walking plan” put in place in September 2022 by the government, with the particular ambition of making cycling accessible to all, in an equally ecological approach. It was renewed this year and is due to end on December 31, 2023. Which means you only have a few weeks left to take advantage of it. So, if you have spotted a particular bike model, you now know what you have to do! And if you do not check all the conditions, turn to the local authorities on which you depend (town hall, department, region) because sometimes, they offer other aid for the purchase of a bicycle.