Perhaps a lot of folks lease because they like the payment.
That said, for long-term buyers, it also makes sense to lease with an eventual plan to purchase. There are two reasons behind this logic: 1) If the car turns out to be a dud or you wreak it, you can unload it at the end of the lease and 2) if the car is worth less than the residual, you can often negotiate a lower buyout price -- effectively giving you another bite at the apple. The downside to the lease is that the cost of money (the effective APR) is often a little higher.
- Robert A
Current: '07 530i, White/Black, MT
Retired: '01 530i, '94 325is, '84 325e, '83 318is, Mazda RX2, VW Scirocco, Mazda RX7