Dacia 
Renault 
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.
How?
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.
Do you have any questions, want a quote or would like to share your remarks with us? Please Contact Us for a reply within 24 hours maximum.
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Definition
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What is the difference between the TT and a car rental?
- You choose the make, model, engine and transmission
- The car is brand new
- The registration and insurance are established in your name, so you may cross any border within the EU
- One-way in France included (return to a different agency). You may change the return centre until 4 days prior to drop off
- Full-risk insurance without waiver and 24/7 assistance included
- A 24 months warranty
- Free GPS
- Unlimited mileage
- Accessible to drivers from 18 years of age
- All major equipments are explained by an agent on delivery
- No need to return the car with a full tank -
Who is eligible to a tax free short term lease ?
To benefit from the Tax Free Lease regime on a regular basis you must:
Have your normal residence outside the customs territory of the European Union or in a DOM or TOM
Stay in the European Union temporarily
You may not exercise any paid activity during your stay
These conditions are cumulative.
Your spouse, ascendants and direct descendants, may use your - vehicle registered under this regime - if they meet these conditions themselves. No other user is authorised.
Note :
May also benefit from a Tax Free Lease
- Students
- People coming to do an internship or a mission
- Journalists
The granting conditions are the same as in the previous case.
Definition of internship:
It is the acquisition of training or development in professional, artistic or cultural fields.
Definition of a mission:
It is the exercise, on a provisional basis, by the employee of an establishment located outside the European Community, of a professional activity leading to his own training or to the enrichment of the establishment reception.
For these cases, as for students carrying out paid work incidental to their training, the condition relating to the absence of gainful activity is lifted.
Beneficiaries by way of exemption:
Persons who, within a maximum period of six months from their return to the national territory inside the EU, are reassigned outside the European Community. The regime is granted to them for the sole duration of their stay in Europe within this maximum limit of six months.
Persons residing in the European Community, and who are about to transfer their residence to a third country. They must prove the the imminent change of residence. The regime is granted to them for three months, with no possible extension of this period.
French Customs Source: https://www.douane.gouv.fr/fiche/achat-dun-vehicule-lors-dun-sejour-temporaire-en-france