At the the cost/mile rates that you list, it would probably take 6 years or so to break even (also factoring in the cost savings from oil changes and belts). F

At the the cost/mile rates that you list, it would probably take 6 years or so to break even (also factoring in the cost savings from oil changes and belts). For the U.S. middle class, at least, that's probably too long of an investment horizon (it's amazing to me how many people lease and buy brand new cars without even doing the math about a used vehicle). So I imagine that there will be a significant uptake in the U.S. when people can expect to save money within the life of a lease, which could be as soon as 3 years with a few bumps in fuel prices.