We have decided to lease a car for our travels through Europe. Taxes on new cars are very high in France (about 20%). So French car companies lease brand new cars to tourists at reasonable rates and then buy the cars back. Now the tax will not apply because it is a used car, so they can sell the car at a better price. Everybody wins!
We have been checking the websites of Renault and Peugeot and they have some good deals. I also read that they have introduced super-efficient turbo diesel engines which have amazing consumption - 3.7 litres / 100 km on the highway and 4.5 for city driving. With the high price of fuel in Europe, it will be nice to have an energy efficient vehicle. The problem though is trunk space. We are going to have a couple of suitcases with us and they have to fit in the trunk. I think we have found the right car though - either the Renault Clio Estate wagon or the Peugeot 307 wagon. Now we have to see which one gives us a better deal.
The cars are brand new, come with full warranty, roadside assistance, full insurance with zero deductible, etc. The nearest pick-up point fo us is Munich. We will probably drop it off in Munich or Frankfurt and then fly home through London.
NM
Monday, June 16, 2008
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