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Just because it is a former lease vehicle doesn't mean it was driven hard... In many cases the drivers of leased vehicles that are part of a company's fleet are required to adhere to strict maintenance standards. Also, the guy that drives a leased Benz for 40,000 miles is not always going to drive it like a maniac.
If you are considering a former leased vehicle chances are you should be able to find good maintenance records. Along with this do your usual checks and inspections (PPI or other if you desire) and don't think twice about buying.
I bought a used Dodge Dakota with 32,000 miles that was a former lease vehicle and it has been the most reliable vehicle I have ever owned and it now has 85,000 miles on it. (knock on wood) My Boxster which has been privately owned has had more problems and I bought it with 12k and it now has 18k.
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