I think it's all about the situation. Only time I've thought it "might" be a good idea is if you have a small budget and are looking for something for say a college student and only need a couple years before they buy their own. You get a new car, low payment, and it's covered under warranty for anything that goes wrong on it. Yeah you don't have anything to show at the end but it's a lowest ultimate cost analysis in my mind on buy vs. lease in this case.

All that being said, it's the fine print stuff you have to be leery of. How much down, how many miles do they drive and what's the penalty for going over, damage repair, etc. If I'm just needing a car then I'm like the rest, a lease is probably not the way to go for a personal car.