[wayner]

I look at leasing at just another form of financing. A loan of a different sort.

My accountant describes it as a way to own a car that you otherwise couldn't afford since you only own it for the lease period.

In some ways it is less expensive since you only pay the tax on the use price, not the full purchase price. If you buy scar you pay tax on the full purchase price but never get any of that back if you sell it.