Leasing should be called what it is, renting. Guys showing off their leased cars is like a guy saying check out my girlfriend and it's a rented prostitute.
If you are a leasing fan look at how much money you will spend in 12 years leasing cars. If you can't afford to buy an expensive car outright and you lease them for years you will throw away a lot of money away. Buy a car that that has a great reputation for reliability and keep it for 6 to 10 years.
Yes, it is renting because you always rent
items that depreciate i.e. cars; always buy
items that appreciate, like property, houses, and gold. I lease not because I can't
afford to buy (because I can), but because it is financially smarter. If you don't like it, don't lease, but don't spread misinformation about it. I have leased my last 5 cars because it
works for me. How many have you leased?