Renting a car in Europe is often anything but cheap. The base rental rate on car hire is high and picking the rental car up at an airport or train station adds further fees and taxes in many European countries. Adding fully comprehensive insurance may well double the price of hiring a car. However, tourists can enjoy big savings on car rental by leasing, rather than hire a new Renault, Peugeot, or Citroën car in France for the duration of a European holiday.
Save on Car Hire in Europe by Leasing a New Car in France
Non-European residents traveling to Europe for pleasure (not business or work) may lease a brand-new car in France tax-free for up to six months. This allows tourists to enjoy a brand new car at much cheaper car hire rates than a standard rental car would be in Europe.
This tax-free car leasing plan for tourists to Europe, often referred to as the Temporary Transit or TT formula, is supported by the French government. The actual car may be picked up in several European cities and not only in France itself – in fact, visiting France itself during the vacation is entirely optional.