Within the context of a good deal, buy things that appreciate and lease that which depreciates. It all depends on the deal. In 2007, I leased a brand new F150 4 door 4x4 for $179/month and $1800 down for 24 months. That deal was a no-brainer. I could not have purchased and sold in 24 months with less loss. Residual was like $24k, so buying it out was stupid. Flip side was my 2007 Sienna. Leased for $300/month for 24 months, but residual was $7k less than blue book, so I bought it out and could sell it today at a great price. I can't lease for me any more since I drive 500-1000 miles per week, but I'd lease again in a heartbeat for my wife. If you bought it and sold in 3 years, would you spend more than if you lease?