I get the theory. But with the way that the market is all to c0 k at the moment, aren't you essentially paying for depreciation that isn't actually happening on a lease?. I think PCP is potentially a better option right now. You are still paying for depreciation, and can still walk away at the end if you want. But the depreciation, and hence the monthlies are always over egged a bit which means that you should always be in credit should you decide to pay the balloon payment at the end to keep the car, and then flog it privately straight after, because it will be worth more than you owe on the balloon payment, especially with things as they are right now. Personally, I have always bought. I am changing in a month or so's time and when my current Soul goes, I reckon I could get as much as only 3k less than I paid for it, at 2 years old and with 20k miles on it. That's less than 150 a month for the time I have owned it. Had I leased it, I would be out by much more than that. I can only contemplate the switch up this time to the new one because of how little I have lost on the current one.