I probably missed it in the just under 4000 posts on this thread but is there a whole life comparison of the costs of the pay-per-diagram model vs a regular lease?
Not to my knowledge. The DfT was very cagey in releasing any figures which could be analysed to give the equivalent of lease cost/vehicle/month until the National Audit Office published the basic data in its report
Procuring new trains (HC 531 SESSION 2014-15 9 JULY 2014).
Roger Ford then published an analysis a month or so later, which showed that the costs were significantly higher than for the Pendolino coaches. These are a good comparison as they also have a 140mph design speed and, in addition, tilt so the overall complexity is similar to the Class 80X.
Don't forget, the per diagram costs include maintenance, cleaning and servicing the debt that Hitachi / Agility Trains have accrued since the start of the project. In normal leasing deals maintenance and cleaning are paid for separately.