The Leasing of Automobiles by Consumers Has Grown Substantially in Recent

The leasing of automobiles by consumers has grown substantially in recent years, to the point where not only new vehicles are being leased, but used autos as well. Why do you think this type of leasing has become so popular? These auto leases sometimes allow the lessee to buy the car at a specified price at the end of the lease. Explain the option involved here.