I'd never be able to enjoy a leased car. Let's see, I'm paying, paying, paying for this thing, I'm not allowed to drive it where I want, when I want, then I've gotta give it back, get hit with a bunch of hidden penalties, and start over again? I wouldn't be able to sleep at night. I like to OWN my property (and everything on it).
Also, I detest the "system" telling me what I "ought" to be doing. Notice how they only ever advertise cars in terms of monthly lease payments anymore. And they advertise these leases relentlessly, kind of like how they advertise whole life insurance and reverse mortgages - RELENTLESSLY! Remember these people aren't in business to give you the best deal, they're in business to make as much money as possible. When something is being advertised so incessantly and relentlessly, they're advertising the "product" that carries the highest profit margin for THEM. Of course they make it SOUND good, otherwise folks wouldn't do it!
Many here state that a lease can make sense for someone who can write it off as a business expense, but I don't even see how that works in most situations. Think about it, a professional like a real estate agent or sales rep is probably going to be driving far far far too many miles for a lease, and a tradesman like a plumber, carpenter, electrician is going to beat the snot out of a truck / utility vehicle as well as drive many many miles.
I suppose leasing can make sense under certain circumstances. If you don't drive very many miles, you have plenty of disposable income, you want a new car every few years, you don't want to be bothered by repairs (always driving a car under warranty), and you're willing to pay the premium for doing so, I suppose a lease could make sense.
Personally, I feel that I work too too hard for my money to just hand it over to some finance company. Making that payment every month would irritate me like a seed caught between the teeth that won't dislodge.
***Based on some of the advertisements I see . . . "Extra Super Ultra-Low Mileage Lease". . . kind of puts a new twist on the old used car salesman line . . . "This car was owned by an old lady who only ever drove it to church on Sunday. . . " Under the terms of the lease, you may only be ALLOWED to drive the car to church, and ONLY on Sunday. . .