I lease all my vehicles. Last three tow vehicles 2005 2500HD Silverado 8.1, 2008 F-350 V-10, 2011 F-250, take delivery next week of 2014 F-250. Why would I invest in a depreciating asset. If it appreciates in value buy it, if it depreciates in value rent it. Let someone else take the depreciation hit and just use cash flow to pay lease. I do not have to tie up my capital, I am using someone elses money at a rediculously low interest rate. Never a problem with leasing and always have a new vehicle. All have been factory ordered to whatever options I wanted. If one turns out to be a lemon (never happened yet) I am not stuck with it.