French auto manufacturers Renault and Peugeot offer the use of brand new cars for from 17 to 175 days. Prices range from about $1,100 for a small car for 17 days to about $9,500 for a fullsize with automatic for 175 days. For an additional fee, pickup and return can be arranged in major cities outside France. These delivery charges range from about $150 to $500, each way. “Lease” is the term most often used to describe this transaction, but it is more properly a buy-back or purchase-repurchase. The manufacturer agrees to sell the car for a certain price and then buy it back at a lower price; the difference between those two figures is the cost to the driver who, instead of having to come up with the full price of car, signs a promissory note.
Unless you require a car for more than six weeks to two months you probably will spend more money on a buy-back than a straight rental.
There are several advantages to the buy-back program:
- You get a brand new car to your specifications; exact model, engine type, and equipment
- You pay one price, there are no other charges
- You can drive the car virtually anywhere in Europe
- The deal includes full, zero-deductible insurance
- No extra charge for multiple drivers
Book your rental car (or lease car) in Europe with Gemütlichkeit's travel department and get the best rates, personalized, knowledgeable service and our unique at-the-rental-counter safety net that ensures our customers get what they are promised. We book with all the major companies in more than 35 countries. If you have questions about rentals in Europe, or simply prefer to deal in-person, phone us at 800-521-6722.