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I just leased a new car. It is our 3rd lease and we have gone up in style and options for each new car. I get tax concessions through my business and it allows me to get into a better car than what I would normally be able to afford. The money I have saved on servicing and repairs to second hand cars helps offset any extra costs also.
The first car I leased was with the Ford plan and I would of had to pay a lot extra for excess milage but I had them factor in an extra 20,000 km so I could spread it out over the two years.
The bottom line is I wouldn't have a nice new car coming next week if I didn't let the bank put their money up front first. The mileage thing just protects their investment because they don't want a completely flogged heap of rubbish back but if that's what they get at least they will be compensated.
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