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I think the reason for 3 year lease's is due to most new cars having a 3 year warranty on them, unless manufacturers increase the warranty length I can still see 3 years staying the norm. The lease companies may still insist on the cars getting an MOT type inspection before handback which happens now (MOT a month before lease end). Also many PCP deals work with the cars going back after 2 or 3 years. I imagine people buying long term will take out normal HP finance. Not to sure why it's been changed to 4 years as it's hardly something people have been complaining about. I'm sure there are a lot of unroadworthy cars less then 3 years old on the road. Maybe 4 years or 60000 Miles would be a better idea. Cost to the industry, well number of new car registered in 2017 x £54 (cost of MOT) as a rough guide !! But hopefully workshops will calm the money back as cars may need more spending on them due to things which would have been picked up on a MOT will become bigger job due to uncaring owners not maintaining there cars (example being brake pads turn into brake pads and disc's). Or maybe thats my wishful thinking

Chris, in my experience you always get the people who come across well at interviews but they are not necessarily the best! Good manners, respectful, good timekeeper, organised with an awesome positive attitude who is still willing to learn! That's the person you need! My daughter who trained as a midwife found it hard at first to get a foothold in the job market as there is a shortage of midwifery position , so using her positive attitude she went for an interview for an internship for a year to give her the required job experience,at the end of her interview she was asked "why should we take you on for this internship?" To which she replied, "BECAUSE I'M AWESOME!" now theres a positive attitude! The interview had no reply apart from to offer her the position ;-)