If you are a US citizen or a European expatriate living outside of the European Union (or DOM TOM), you may hire a brand-new car, registered in your name and totally tax-free.
European law allows non-residents, regardless of their nationality, to benefit from very advantageous preferential rates when visiting Europe.
Major manufacturers such as Renault, Peugeot Citroën and DS offer vehicles in temporary transit (TT), the “red license plates”
Great, but what is it?
A unique buy-back system, which guarantees the recovery of the vehicle when you leave, with simplified administrative management. It is like a fixed-term purchase, and at an unbeatable price.
What are the necessary conditions to benefit from the France buy-back lease?
Reside in a country outside the European Union (or in a DOM or TOM)
Not engaging in a paid activity during the stay (unless your salary comes from a non-EU source)
Your stay in the European Union must be temporary (at least 14 consecutive days)
On average, contracts last from one week (or even less) to six months - 355 days for students, journalists, project managers, interns, etc. - Contact us for more detailed information on long term car leases. When your stay is over, the manufacturers commit contractually to take back the vehicle, without additional changes, the car is then put on sale in the second-hand market through the maker’s network.
A tax-free, short term car leases become increasingly interesting financially over medium contracts (over 3 weeks) and are particularly advantageous over long stays of 6 to 12 months, when the visitor applies for the conditions. The price cannot vary nor be modified. If, for example, if the car is returned with an almost empty tank, or lightly, there will be no additional cost.
Important note: non-compressible delivery times. The TT cannot be organized in a very short delay. In general, it takes 19 days for the delivery of car in Paris City, Orly or Roissy CDG. Quite a bit more in other cities in France or Europe. Also consider that in order to change your return drop-off location, you are to notify the center of your choice at least 4 days in advance, to arrange for a new appointment.
All prices include: