Kim – I just checked and Peugeot 3008’s depreciate by an average of 57% over 3 years. A PHEV will fare better than average but is still likely to be at least 50%. In the scenario that you are describing, if you are leasing a car with a view to buying, French and Korean cars (for example) depreciate by more than, say, German cars, so that will work in your favour. Personally, given the high prices that Motability ask and the lack of warranty, I wouldn’t recommend this approach, but I hope that these figures help your calculations. Some manufacturers such as Hyundai offer 5 year warranties so you would still have a couple of years left at lease end. All food for thought!