<prompt> Human: Ill start by saying ive never leased a vehicle and im looking at our 14th vehicle in my 17 years of driving. Ive always financed and traded in after a couple years at most sometimes as little as 6 months. Good news is that ive never been upside down and always paid under book. I enjoy the sales game the dealers play, its a fun challenge.Anyway, this time around I want a truck, and honestly dont want my monthly payment higher than our current financing. Trucks are expensive! So this time im looking at a 2-3 year lease.Everything I read that is typically negative about a lease seems to fit our situation.Am I missing something here? We have excellent credit, and im around 12k miles per year. I like the thought of turning it back in without all the haggling of what my car is worth. Also like the idea that if its wrecked i dont have to deal with impact on value insurance would pay the additional depreciation to lease company.Aside from saving on the monthly payment and getting a new vehicle vs something 3-4 years old on finance, what am I missing?Thanks  <response>: The problem that you will have with leasing is that in the very vast majority of leases, the residual value is inflated by the manufacturer - which puts you underwater and you will not be able to get out early at all without paying major . Sometimes, the car is worth much less than the actual residual at the end of the lease, which doesnt make it very practical to buy it out at the end if you absolutely love the car. So you will always need to ensure you have the funds to either a get into another lease b purchase another car in some form or fashion at the conclusion of your lease.You will still have the game of haggling of what your car is worth to dealers, because at the end of the day, unless you continue to lease from the same manufacturer, they look at it potentially as another trade in.With interest rates so low right now, savings is likely zero or very negligible. Dealers are known for marking up money factors rent rates, similar to interest rates on a lease, and if you dont watch, the rent charges could easily exceed what you experience on a financed purchase. The rent charge is negotiable on the lease, as is the purchase price of the car my experience with leasing has been I have never seen a dealer NOT try to inflate the rent charge for extra profit. However, the residual value is not as it is put in place by the manufacturer.The way they make the lease payments look much less often times is they will require thousands of down payment. Do not ever put any money down on a lease. All that you should pay up front are basically taxes registration fees at most. If you put even 1,000 down on the lease generally goes as cap reduction, and you wreck it and its totaled the next day - you are out that 1,000 or whatever it is you put down. 