<prompt> Human: Disclaimer: not looking to lease but they exist and people must be signing up for them so when do they make sense? Rich people getting a new model every 12-24 months?  <response>: You only need it for a time than is shorter than paying it off would take. Example, you are overseas on business for eight months. Better to lease a car for a year and take the loss than to buy and resell or rent. 