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[quote=Anonymous]L:easing a car is not always a bad deal.  Depending upon the car that you want, your driving habits, and your replacement cycle, it can make sense for some people.  In particular, it makes sense for a business (since it makes the expense paperwork easier).  It would also work for someone who replaces his car every three years, always buys new, is unlikely to go over the mileage limits, and treats the car carefully.  The other time when leasing can make sense is for someone whose needs will change in three years and who will need a different type of vehicle at that time.

The problem is that most people are not the very specific type of customer for whom leasing would make sense.   And the ideal lease customer always buys a new car and replaces it often, so he is not necessarily trying to optimize value-per-dollar in making that decision.  This is why most car-buying and financial advice books say that leasing is a bad deal.

Personally, I think that leasing is great.  I don't lease, but I do buy off-lease used cars that have already had significant depreciation and are typically in excellent condition.  I then drive them for years.  [/quote]

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