By Accurate Automotive in Mesa, AZ

Many Mesa drivers have probably noticed a bunch of warning lights on their dash when they start their engine. They flash on to test the circuits and then go off if everything’s OK. One of the warning lights looks like a car battery. Its job is to tell you if your vehicle battery’s not charging properly.
Mesa motorists probably know that their battery stores electricity – enough to start the engine and get moving. But that’s about it – you can only get a few miles or kilometers on battery power alone. You need an alternator to generate enough electricity to run your vehicle engine and power your electrical accessories like the stereo, power seats, heater fan, on-board computers and so on. On top of that, the alternator needs to recharge your battery. So when your vehicle alternator isn’t working, there isn’t enough electricity for all of those things. When your alternator fails, you aren’t going very far.

ORLANDO, FL - AAA’s Your Driving Costs (YDC) has been a reliable data source for the expenses associated with owning and operating a brand-new vehicle for more than seven decades. Based on the latest figures, the average cost of owning and operating a new vehicle in 2023 has increased significantly, with an annual expense of $12,182 or a monthly cost of $1,015. This is a sharp increase from 2022 when the average yearly cost was only $10,728, or $894 monthly.

“It’s important for car buyers to clearly understand the costs associated with owning a new vehicle,” said Greg Brannon, AAA’s director of automotive research. “Due to global supply chain issues and constrained inventory of new vehicles, car prices rose dramatically in 2022. And while the situation continues to improve, the spillover effects are keeping prices high.”

The overall average manufacturer’s suggested retail price (MSRP) of the new vehicles in the 2023 YDC study is $34,876. This is $1,575 (4.7%) higher than last year. It is important to note that MSRP does not always correspond to a consumer’s actual purchase price and may vary depending on demand. Furthermore, a higher sticker price directly impacts finance costs, with this year’s vehicles boasting an average annual finance charge of $1,253, a staggering 90% increase from the previous year.

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Gilbert, AZ

455 E Baseline Rd
Gilbert , AZ 85233

Tempe, AZ (Curry Rd)

1155 E Curry Rd (Curry Rd)
Tempe, AZ 85281

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1900 East CLL Carmen
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3420 N 27th Ave
Phoenix, AZ 85017