The transformation of our urban spaces is encouraging more and more city dwellers to swap their car for two wheels, especially electric as far as possible with the new ZFEs. The offer of electric scooter is more and more furnished, with more or less top-of-the-range models. In the case of the BMW CE 04, we are more on the very high end, and if you do not want to pay all at once 12,990 euros, a financing offer at 180 euros per month is available. Decryption.
Remember, more than ten years ago, BMW presented a concept of electric scooter called Concept E. Three years later, in 2014, the German brand introduced the production model that directly follows from it: the C Evolution. A small revolution at the time in the maxi-scooter segment since it was the first to be electric.
After more than seven years of good and loyal service, the C Evolution has given way to a new generation with the BMW CE 04, a rather impressive scooter aesthetically speaking, since it is barely wiser than the 2017 Concept Link which announced his arrival. What certainly to crack more than one.
As with cars, there are also financing solutions for motorcycles and scooters, and one of them caught our attention: the BMW CE 04 from 180 euros per month. An offer that seems quite interesting, and allows you to afford a fairly high-end and efficient means of mobility in large cities, especially in Paris where parking for thermal two-wheelers became chargeable in September 2022.
The BMW CE 04 offered at 180 euros per month
As with the majority of “starting at” financing offers, this is the basic model. At BMW, the CE 04 does not have a finish or even a specific engine. All versions are equipped with the same battery, but there is a small difference in the motor.
The BMW CE-04 is available in two versions: A1/B with an output of 11 kW (15 hp) and up to 23 kW (31 hp), which opens the model to 125 cm3 permits. From the outset, the scooter is sold with a power of 31 hp, but as a free option, it is possible to lower its power to 15 hp. As a result, these two “versions” are accessible via this financing offer.
On the battery side, BMW’s electric scooter offers 8.9 kWh of capacity, while autonomy is announced for 130 km. On the charging time side, count 4 h 20 from 0 to 100% in 10A, or 1 h 40 with the optional 30A fast charger. The version that interests us is not equipped with the fast charger, which is part of a “Quick Charge” option pack at 1,240 euros.
In the list of options, we find a lot of elements that go with this scooter, starting with the heated grips, the central stand, the adaptive cornering lights, or the ABS Pro. Of course, these options are not part of the financing offer. Same for the color: in the basic version, it will be “Lightwhite Uni”.
What are the conditions to be eligible for the BMW CE 04 LOA offer?
This is a rental offer with an option to buy on 36 months and 20,000 km in total including warranty extension. BMW does not indicate whether the offer at 180 euros per month is subject to a first rent, but this must undoubtedly be equivalent to the ecological bonus of 900 euros for electric scooters. The contribution is therefore zero.
Overall, 20,000 km over three years for this type of machine is more than enough, especially since unlike cars, this type of scooter will be confined to urban and a little peri-urban, since it is able to climb over 100 km/h quite easily, as we were able to see during our test.
How much will the LOA of the BMW CE 04 cost you?
Over three years of long-term rental, your BMW CE 04 will cost you 6 480 euros. BMW displays its electric scooter from 12 990 euros catalog, ecological bonus of 900 euros not deducted. This gives us, once the deductions have been made, a model displayed at the list price at 12 090 euros.
Starting from this price, you will pay over the three years of the rental 53.6% of the price of your electric scooter. The offer being an LOA, there is an option to buy back the vehicle. You will have two choices:
Return the scooter at the end of the financing; Pay the purchase option previously established with the dealer so that it belongs to you definitively.
Beware of repair costs, these can be high at the time of return. If you take another vehicle from your dealer after your LOA, he will also be a little less careful about the costs of repairs.
Should we favor the LOA or a classic credit?
What to privilege between an LOA and a classic credit? From a purely financial point of view, buying cash is obviously the best solutionbut if you have to go through financing, LOA and credit are the two main solutions.
Even if the rates have increased in recent months, some remain interesting, especially if you buy an electric car. For two wheels, this is a little less the case, especially since some banks do not distinguish between two thermal and electric wheels. For example, at Crédit Agricole Île-de-France, for the financing of a classic vehicle, we arrive at a fixed APR of 5.60% over the same duration and the same contribution as the LOA.
Thus, by financing 12,090 euros (ecological bonus of 900 euros deducted), still over 36 months, we arrive at monthly payments of 364,86 euros, without insurance. The total amount due is 13,135.02 euros, the credit will therefore have cost you 1,062.02 euros.
Note that with other captives, which have a special tab for electric two-wheelers, the monthly payments are similar. Thus, for example, at Macif, for the same conditions, we arrive at 361,55 euros per month over 36 months without insurance, and 364,02 euros with insurance for a driver aged between 18 and 39.
Things to remember
A quick calculation shows that the LOA offer, if you decide to buy the electric scooter at the end of the financing, is not really a good deal. The interest therefore being to pay what you “consume” and to leave at the end of your financing on a new LOA with a new product.
With a classic loan, you finance the entire scooter and not a part. As a result, the monthly payments are higher, of course, but at the end of the 36 months, the scooter is definitely yours.
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