Sales has the reputation of people who are in it for the money and commission driven, which can be true.

I hate those salespeople because they are the ones who gives sales a bad name with a lot of tricks and lies etc to make a sale

I feel being able to do a market analysis and being able to identify new markets/new services is underrated.

Being able to see where a new future product or service is going to change a market means you’ll have less competition and can be the challenger to incumbents.

When SAAS first hit the market, that was a big deal and fundamentally changed how software was sold. But now it’s a standard business model and you have to differentiate in other ways.

That’s why I’ve always enjoyed selling startup services. I think it’s more interesting to find new services to sell to an existing market instead of finding existing services to sell to a new market.

My understanding is that GM pushed 2 year leases for the 2024 model because the residual is higher and it resulted in lower lease payments

Is this true ?

Because this would mean there should be a lot of inventory coming online for the next 3-6 months

When did you get your lease?

And are you turning in your car ?

Lastly, if given that the residuals are way higher than market value, would GM work out a deal with leasees to let you buy the car out at market value or would the payoff only be based on the residual ?

I'm thinking of looking at 2024 used lyriq luxury trim 2 (because I want super cruise).

The lowest I saw it was $32k and another for $34k. Everything else is 37k+.

I was originally going for the mach e but now I've seen the mach e 2023 trim get up to 30-35k+ as well so if a lyriq is going to be a similar price, I think I'd go with the lyriq.

I'm thinking of waiting for the next 3 months for more supply to come on as the 2 year leases from 2024 start to expire and people turn their cars in.

I'm hoping that as more supply comes online during the summer and end of summer that prices can get down to $30k.

GEMINI says there should be this amount of volume

1. Anticipated 3-Month Lease Return Volumes

• Ford Mustang Mach-E: Across the United States, an estimated 12,000 to 15,000 Mustang Mach-Es are expected to be turned in at lease maturity over the next 90 days. Ford was incredibly aggressive with subsidized lease rates and lease cash throughout the spring and summer of 2023 and 2024 to clear bloated inventory, and those vehicles are now flooding back to dealerships.
• Cadillac LYRIQ: An estimated 5,000 to 7,500 Cadillac LYRIQs are projected to be returned nationally over the next 3 months. While the LYRIQ had a slower initial production ramp-up than the Ford, GM heavily pushed 24-month lease structures starting in early-to-mid 2024 to circumvent sourcing restrictions on the clean vehicle tax credit, meaning those initial 2-year lease terms are maturing right now.

What are your thoughts?

And if prices don't come down, my backup plan would be to get a mach e and target a 25k price point.

Do you agree with this analysis?

I'm in SoCal.

I'm thinking of looking at 2024 used lyriq luxury trim 2 (because I want super cruise).

The lowest I saw it was $32k and another for $34k. Everything else is 37k+.

I was originally going for the mach e but now I've seen the mach e 2023 trim get up to 30-35k+ as well so if a lyriq is going to be a similar price, I think I'd go with the lyriq.

I'm thinking of waiting for the next 3 months for more supply to come on as the 2 year leases from 2024 start to expire and people turn their cars in.

I'm hoping that as more supply comes online during the summer and end of summer that prices can get down to $30k.

GEMINI says there should be this amount of volume

1. Anticipated 3-Month Lease Return Volumes

• Ford Mustang Mach-E: Across the United States, an estimated 12,000 to 15,000 Mustang Mach-Es are expected to be turned in at lease maturity over the next 90 days. Ford was incredibly aggressive with subsidized lease rates and lease cash throughout the spring and summer of 2023 and 2024 to clear bloated inventory, and those vehicles are now flooding back to dealerships.
• Cadillac LYRIQ: An estimated 5,000 to 7,500 Cadillac LYRIQs are projected to be returned nationally over the next 3 months. While the LYRIQ had a slower initial production ramp-up than the Ford, GM heavily pushed 24-month lease structures starting in early-to-mid 2024 to circumvent sourcing restrictions on the clean vehicle tax credit, meaning those initial 2-year lease terms are maturing right now.

What are your thoughts?

Do you agree with this analysis?

I'm in SoCal.

I’ve been on several websites like CarGurus, iSeeCars, copilot and visor

I’m just curious what websites you like to use and why?

I stumbled upon visor and I’m curious if anyone has the paid subscription and why someone would pay for that.

I want to plan for a ford mach e 2023 premium purchase in the next 3-6 months and keep an eye on inventory, price trends etc.

I think it would also be helpful to figure out my current lease (subaru Crosstrek 2024) market value and if my current discount payout of 25k is low enough for a dealership to buy.

I’m also curious in the Cadillac lyric if the price is right (like under 35k) but most likely the mach e will be 10k cheaper.

I’ve been on several websites like CarGurus, iSeeCars, copilot and visor

I’m just curious what websites you like to use and why?

I stumbled upon visor and I’m curious if anyone has the paid subscription and why someone would pay for that.

I want to plan for a ford mach e purchase in the next 3-6 months.

I think it would also be helpful to figure out my current lease (subaru Crosstrek 2024) market value and if my current discount payout of 25k is low enough for a dealership to buy.

So I've been researching the used mach e market (specifically the 2023). I've seen people on here argue that prices for used EVs will go up to due to the Iran war and 6 dollar gas but I think the upcoming supply of mach e's in Q3 and Q4 this year will lower prices.

I had gemini sum up my points and wanted to see what others on here think. Especially those in the SoCal area. I'm curious if people agree or if there are some thing perspectives that Gemini missed or got wrong. Open to any feedback.

I'm trying to figure out my strategy for getting a used mach e and I think waiting 3-6 months would be the right one based on this research.

Gemini summary on mach e market

"While some Reddit threads may point to short-term price "spikes" due to geopolitical tension and $6 gas, the macroeconomic fundamentals for the used EV market in late 2026 suggest these are temporary "head fakes" in a long-term downward trend.

Here is the data-driven argument to counter the "gas price panic" and why the next 3–7 months will likely see a significant supply glut and price correction for the Mach-E.

1. The "Gas Price Trap" vs. Supply Realities

The argument that $6 gas will permanently drive up used EV prices ignores the volume of incoming supply.

• The "Wait-and-See" Demand: While high gas prices increase interest, they don't always translate to sales when borrowing costs are high. National used car APRs are averaging 8.6%–12% in 2026. A consumer "saving" $200 a month on gas may find that their interest payment on a used Mach-E has increased by $150 compared to 2023 rates, neutralizing the "gas savings" motivation.
• The Supply Surge: According to Edmunds and Cox Automotive, 2026 is the "year of the off-lease wave."Electrified vehicles are projected to make up 8% of all lease returns this year, up from just 2% in 2025.Specifically for the Mach-E, which had a massive 2023 sales push, the "lease tsunami" hits its peak in Q4 2026. +1

2. The Negative Equity "Ticking Clock"

The most powerful force pushing prices down is the underwater owner.

• Record Negative Equity: Q1 2026 data shows that 30.9% of trade-ins have negative equity, with the average underwater owner owing $7,183 more than the car is worth.
• The "Strategic Walk-Away": For Mach-E owners who leased in 2023 at high MSRPs, the negative equity is often even higher (sometimes $10,000–$15,000). Because their "buyout" price (residual) is far higher than the current market value ($30k retail vs. $40k+ residual), these owners must return the car to the dealer. They cannot afford to buy it out or trade it in.
• Impact: This creates a forced supply of high-quality, low-mileage used units that dealers must move off their lots to stop paying floor plan interest.

3. Repo Rates and the "Price Reset"

As of May 2026, auto loan delinquencies are hitting "danger zones" not seen since the 2008-2009 era.

• The Default Cycle: Mach-Es purchased with 72- or 84-month loans during the "hype" years are seeing higher-than-average repossession rates. When these hit wholesale auctions (like Manheim), they "reset" the price floor for every other Mach-E on the market.
• Auction Contagion: Even if a local dealer wants to raise prices because of $6 gas, they can't if the dealer down the street just bought three repoed units at auction for $22,000.

4. Why Long-Term (3-7 Months) Favors the Buyer

The "Iran war" or "gas spike" arguments are short-term sentiment drivers. The factors below are long-term structural drivers:

Factor	Short-Term (Now - 30 Days)	Long-Term (Next 3-7 Months)
Gas Prices	$6.00+ drives "panic" shoppers.	High electricity costs in CA dampen the "savings" allure.
2023 Leases	Starting to trickle in.	Full-scale flood hits the market (Oct-Dec).
Dealer Strategy	Holding firm, hoping for a "gas rush."	Panic sets in to clear inventory before the 2027 models arrive.
Inventory	Low to Moderate.	Saturated. Multiple identical trims at every Ford dealer.

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The Data Summary for Your Argument

• Depreciation: The Mach-E is currently losing roughly 45-55% of its original MSRP within the first 3 years.
• Market Parity: Used EV prices have reached near-parity with gas cars (averaging ~$34k), but nearly 44% of transactions are now falling below the $25,000 mark.
• The "Cliff": While Reddit sees "upticks," the actual retail asking prices for 2021-2023 Mach-Es have been sliding 5-8% annually once the initial "new car" smell wears off.

For ice cars, I know the more miles the worst it is due to the engine getting older and breaking down.

But for EVs, how do you factor mileage when evaluating used EVs?

Is a 100k mileage used EV vastly different from a 100k mileage used ICE car?