By the way, buying a car is a poor financial decision; you're buying a depreciating asset, and you're paying tax for that as well. Don't throw your money away, take public transit.

Automobiles are an expense, not an investment. Math time!

There are MANY advantages to leasing. A car is a depreciating asset and it will lose value whether you buy or lease. At the end of 3 years you're still paying on the CPO, and maybe even owe more than what it is worth (although unlikely with CPO). One big advantage of a lease (at least in California) is that you…