Lots of people genuinely need a car for their job and can't accept unreliability. For example, think of a nurse who simply has to be able to show up to their job on time, whatever the schedule is. For them leasing a reliable, brand new, car is often a good financial decision and saves a lot of hassle.

Nothing wrong with paying extra for predicability.

That's basically my understanding. The people I've known who lease, like that they can more easily upgrade to newer/nicer cars than they could if they bought.

If you need a nice car for sales purposes like a real estate agent who drives clients on showings, then it works because you can write it off as a business expense. For the rest of us it's better to buy a 2-3 year old model and run it into the ground. Repair is almost always cheaper than replacement.

It is a risk calculation. What is the car worth after 2years? If you lease the risk is on the side of the car company. But it is business mostly. The car loses the most worth when its new. So buying a used one is always a better idea for private. But when you need it for business all the time and can not afford breakdowns you can lease one, so you get replacement and do not need to care about service times.

"doi it for me"-peace of mind for normies. Someone else is responsible for maintaining it, you get a new one after a few years and you don't have to go through selling it yourself. Also, it can be a tax deduction.

It’s only good if u make a lot of money and want a new car every year

Those who rent are not obliged to pay for everything that a car requires, and because the car is an asset that depreciates over time

IMO leasing a car could be a good idea is it offer by your company as a perk for your work. To take advantage of the lease, you need to make a lot of miles every day.

You don't pay for the insurance, the taxes, the maintenance only for the tyres.

Currently I would not recommend that you buy a gasoline car or rent one. You could buy a self-driving car, which are the independent cars that are currently emerging, which you could use and rent at the same time and thus recover your investment. Check out this page and you will know what I am talking about. https://es.m.wikipedia.org/wiki/Veh%C3%ADculo_aut%C3%B3nomo

Leased a vehicle twice in my life, ... both ended badly.

The first vehicle because of the mileage overage. When i got the lease I was driving way under the 12,000 miles / year allocated mileage. But in the last year of the lease I had a long commute and went way over. Cash-flow wise, it was a better option to accrue the per-mile overage expense, versus getting a second car for commuting, especially because I didn't have to pay for excess miles until the lease ended (i.e., a deferrable expense). It still stung though.

The second vehicle was where I got rear-ended, and for the repair I had to first drive a good distance to bring it to their estimator, and then for the repairs I had to drive a distance to bit it to a shop that was approved. It was just under two months between the accident date and when I finally had my (repaired) leased vehicle back --though I knew that them getting the parts would take a while, especially since they had ordered them just before the Christmas holidays.

lease for some is business expense... new car every 2-3 years, almost zero repairs... Tax write-off for starters....

In my opinion, you don't have to have a car, because cars are only used at certain times, if someone has a lot of money then of course a car is a vehicle for long or short trips, because having a car requires quite a lot of money. a lot of money. like I won't be able to buy a car at an expensive price, let alone pay car tax, I'm certainly better off just renting.