All told I am probably spending about 1/2 or less what you are per decade by swapping leases every 2.5 years vs buying new and keeping it until it’s not worth maintaining. And that’s with buying nice new cars and always getting it repaired at the dealership. Which conversely means you can also drive a nicer model at the same price.
New cars remind you every year how much you paid for them....
https://www.greencarreports.com/news/1129864_nissan-leaf-lea...
Basically unobtainium lease rates outside of USA. In Canada, I'm seeing ~US$400/month for 60 month lease on a Leaf, and 40% more on a 3y lease: https://www.leasecosts.ca/en/cars/nissan/leaf-s-electric/202...
I feel like leasing in the UK is not a good deal, at least to me. I think a fair amount of people outside of tech get a company car allowance that probably props up prices a bit - I don't see why anyone else would pay these rates unless they absolutely must have a new car Vs a used one
New cars aren't, or at least weren't, always this massive financial blunder people claim.
If it ends up costing you a few grand more per decade, why not lease, live within bumper to bumper warranties, and create the vehicles people actually seem to want, used ones.