This flood of lease turn-ins is expected to include a significant number of electric vehicles. Many of these EVs were leased during the tax credit era, leading to a surplus of low-mileage electric cars hitting dealer lots in 2026. These vehicles are equipped with excellent range and top-notch features, making them an attractive option for budget-conscious consumers looking for a good deal on a used EV.
Some critics argue that the auto industry miscalculated the demand for electric vehicles, but the real issue may have been the high prices of new cars. In 2021, new car prices soared to an average of around $50,000, with EV models commanding even higher prices, especially after the $7,500 federal tax credit phased out. Factors such as inflation and changing consumer preferences contributed to the spike in new car prices, leaving many buyers hesitant to make a new car purchase.
As interest rates remain high and inflation continues, consumers are increasingly focused on finding value and affordability in their vehicle purchases. The used EV market in 2026 is poised to deliver on these priorities, with a large number of off-lease electric vehicles returning to the market. According to data from Edmunds, the surge in lease returns next year will help address the shortage of lower-mileage, near-new vehicles that was evident in 2025.
Edmunds predicts that approximately 400,000 more lease returns will hit the market in 2026, providing consumers with a wider selection of affordable options, including a significant number of electric vehicles. With the abundance of low-mileage EVs available, consumers can expect to find great deals on used electric cars with impressive features and range capabilities. This shift in the market suggests that the future of electric vehicles may not have been misjudged by the auto industry, but rather the pricing strategy for new cars may have missed the mark. The world is constantly changing and evolving, with new technologies and advancements being made every day. One of the latest trends in technology is the rise of artificial intelligence (AI) and machine learning. These technologies have the potential to revolutionize various industries and improve the way we live and work.
Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. This includes learning, reasoning, problem-solving, perception, and even language processing. Machine learning, a subset of AI, allows machines to learn from data and make predictions or decisions without being explicitly programmed.
One of the most significant impacts of AI and machine learning is in the healthcare industry. These technologies have the potential to streamline processes, improve patient care, and even save lives. For example, AI can analyze medical images such as X-rays and MRIs to detect diseases or abnormalities more accurately and quickly than a human doctor. This can lead to earlier diagnosis and treatment, ultimately improving patient outcomes.
In addition to healthcare, AI and machine learning are also being used in other industries such as finance, retail, and transportation. In finance, AI is being used to detect fraud, predict market trends, and automate trading. In retail, AI is being used to personalize customer experiences, optimize inventory management, and improve supply chain efficiency. In transportation, AI is being used to develop self-driving cars, optimize traffic flow, and improve public transportation systems.
Despite the many benefits of AI and machine learning, there are also concerns about their impact on jobs and privacy. Some fear that these technologies will lead to widespread job displacement as machines take over tasks that were previously done by humans. There are also concerns about the ethical implications of AI, such as bias in algorithms and the potential for misuse of personal data.
Overall, the rise of artificial intelligence and machine learning represents an exciting and transformative time in technology. While there are challenges and concerns to address, the potential benefits of these technologies are vast. As we continue to advance in AI and machine learning, it is important to consider the ethical implications and ensure that these technologies are used responsibly for the betterment of society. A lot of people are looking for ways to make extra money these days. Whether it’s to pay off debt, save for a big purchase, or just have some extra cash in their pockets, the gig economy has become a popular way for individuals to supplement their income.
One of the most popular ways to make money in the gig economy is by driving for ride-sharing companies like Uber and Lyft. These companies allow individuals to use their own vehicles to transport passengers from one location to another. Drivers can work as much or as little as they want, making it a flexible option for those looking to earn some extra cash.
Another popular gig economy option is delivering food for companies like DoorDash, Grubhub, and Postmates. These companies allow individuals to deliver food from restaurants to customers’ homes. This can be a great option for those who enjoy driving and want to make money on their own schedule.
For those who prefer to work from home, there are also plenty of opportunities in the gig economy. Freelancing platforms like Fiverr and Upwork allow individuals to offer their skills and services to clients around the world. Whether it’s graphic design, writing, programming, or marketing, there are endless opportunities for individuals to make money from the comfort of their own home.
If you have a spare room in your house, you can also make money through platforms like Airbnb. By renting out your space to travelers, you can earn extra income while meeting new people from around the world. This can be a great option for those who enjoy hosting and have a space to spare.
Overall, the gig economy offers a wide range of opportunities for individuals looking to make extra money. Whether you want to drive for a ride-sharing company, deliver food, freelance from home, or rent out a room on Airbnb, there are plenty of options to choose from. With the flexibility and freedom that the gig economy provides, it’s no wonder that so many people are turning to these opportunities to supplement their income.