You get a low monthly payment and if you planning to purchase that same vehicle would probably double your monthly payment.  Unless, it is a company paid vehicle then who cares or you own your own company which then you are to write it off on your taxes at the end of year.  

You do not own the vehicle and therefore you are required to purchase the highest insurance coverage available, which is 300/100/300.  Your monthly car insurance would probably double. 

Depending on the Lease Agreement you sign, the average amount of miles allowed per year is about 12,000 to 15,000 and anything over that amount if you decide to return your lease at the end of the agreement is very costly. 

Choosing a lease means keeping that vehicle for the full term of the agreement.  You are not able to refinance or what is called a lease buy out until the lease agreement expires.  At that time, if you decide to purchase the vehicle, you must find a bank to purchase the vehicle that requires certain stipulations to include good credit.  Returning the lease early requires, in most cases, a large penalty fee that can average a couple thousand dollars if you want to keep your credit in good standing