1.No, it's not true. Cars, whether new or used, imported by students overseas shall be levied at regular tax rates.
2.For more information about importing a personal car, please refer to the webpage at
https://web.customs.gov.tw/etaipei/singlehtml/3398?cntId=cus12_3398_3398_1395
Contact Point：Clearance Division I
TEL：+886-3-383-4265 ext.221, 223