Is the new Renault 4 at 230 euros per month a good deal?

This page is translated from the original post "La nouvelle Renault 4 à 230 euros par mois est-elle un bon plan ?" in French.

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Renault 4 E-Tech electric

Renault launches its long-term rental (LLD) for the new Renault 4. The monthly payment is tempting, but is it truly a good deal?

Renault has just announced a Long-Term Rental (LLD) offer to accompany the launch of its new Renault 4 E-Tech 100% electric, in its 120 hp “Urban Range” version. Announced at €230 per month, this plan seems attractive at first glance. But as always, it’s important to take the time to read the fine print and carefully follow the asterisks to understand what you will actually pay.

The offer is based on a LLD: you rent the vehicle for a set period, paying a monthly rent, without an option to buy at the end of the contract. Unlike an LOA (Lease with Purchase Option), you never become the owner of the vehicle. And this is not necessarily a disadvantage: after three or four years, many cars become outdated and the desire to change is common. LLD remains an interesting option, provided you consider any additional expenses at the end of the contract — especially those related to repairs and excess kilometers.

Duration, deposit, and mileage — everything counts!

Here, the contract duration is set at 37 months, with a limit of 30,000 kilometers, or 10,000 km per year. For a city car, that’s more than reasonable. The trouble starts with the initial payment: €7,200! A figure that stands out compared to the €230 monthly mentioned. Such a high upfront payment is unfortunately common practice. Some manufacturers, like MG, offer no-deposit options, but French brands tend to be more cautious on this point.

Fortunately, Renault softens the blow by indicating that this deposit can be reduced to €3,200 thanks to a €4,000 ecological bonus. However, be careful: this maximum bonus is subject to very strict income conditions. For most customers, it’s better to count on a €2,000 bonus, which brings the initial deposit to €5,200.

Let’s do the math: after three years, you will have spent €13,480 for a car listed at €27,990 (minus the €2,000 bonus). That’s about 50% of its new value. It’s not particularly advantageous, but remember that it’s a brand-new model, already well received on the market. No extravagant discounts to expect in this context.

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