Gearhead paradise. Utah International Auto Expo opens in Sandy

Jan 13, 2023, 6:45 PM | Updated: 7:53 pm

SANDY, Utah – The 2023 Utah International Auto Expo opened Friday at the Mountain America Exposition Center in Sandy.  People can discover hundreds of new cars, trucks, crossovers, SUVs, and electric vehicles throughout the holiday weekend.

When you step out on the expo floor, luxury cars, sports cars, and fully-electric trucks and SUVs are the real attention-getters.  You also find great cars if you’re looking for something under $30,000. 

“Whenever you go for the popular thing, you’re going to pay,” said Brian Moody, executive editor of Kelley Blue Book.

Keep that in mind if you’re kicking the tires for your next car and not at the expo just to soak in the latest and greatest.

“Electric cars get lots of headlines. But they’re also very expensive.  A hybrid is a way you can make the most of that technology, but still keep it within your existing budget,” he said. 

The average electric car costs $65,000.  But they make up only 5% of the market.  The average cost of all new vehicles now is $47,000.  Hybrids typically cost in between.

“But much closer to the gasoline-powered car, because the expensive thing about an electric car is the battery, and a hybrid or a plug-in hybrid has that same type of battery but it’s much smaller,” Moody said. 

Prices are up due to high demand and low production in recent years.  Also, Moody said, more people than ever before are buying luxury cars. 

“Luxury cars are making up almost 20% of the market,” he said. 

That drives up the average cost.

“It’s not that all prices are high, you can find pockets of savings and less expensive cars,” Moody said. “But, it’s not going to be luxury, and it’s not going to be the thing that everybody else wants, which is a full-size SUV or a pickup.”

There are better deals on hatchbacks and sedans like the Honda Accord and the Toyota Camry because demand is not as high.  Sedans typically cost $10,000 less than a similarly equipped, full-size, or mid-size SUV Moody said. “We’re talking about cars that are nicely equipped that are around $25,000 or less and still get the job done.“

The Toyota Corolla hybrid gets 50 miles per gallon with a sticker price under $25,000.  The Kia Soul, VW Jetta, and Honda HRV are also just under $25,000, and great looking cars with good technology.  They are all on the floor at the expo this weekend.

“Those types of vehicles are the ones that tend to be slightly less expensive than say a full-size truck-based SUV. Everybody wants those, those are expensive to build. So you’re going to pay more.“

If you’re waiting for the cost of new cars to come down, the executive editor of Kelley Blue Book said there’s still too much demand.  He advises to do your research online or at the auto expo where a product specialist can answer questions in a non-selling environment.  You want to have all of your information lined up before going to the dealer.

KSL 5 TV Live

Top Stories


(KSL TV)...
Tamara Vaifanua

Financial tips to prepare for having kids

Having kids can be exciting, but it requires a lot of financial planning. Here are some smart money moves for new and expecting parents.
20 hours ago
An example of letting your faucet drip to prevent freezing. (KSL-TV)...
Jed Boal

Plumbers warn of frozen pipes after cold front

When it gets this cold and stays cold, some water pipes in some homes in Utah are susceptible to freezing, leading to a costly fix for Utahns.
2 days ago
The Arizona Spike, right, is displayed next to the framed gold and Nevada spikes at the Utah Museum...
Carter Williams

1 of the 4 spikes driven at Promontory Summit fetches $2.2M at auction

The Arizona spike, which was ceremoniously driven in Utah to mark the transcontinental railroad completion in 1869, sold for a little more than $2 million during an auction that closed Thursday.
2 days ago
An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacie...
Jordan Valinsky

CVS and Walmart cut pharmacy hours, close some locations earlier, citing staffing shortage

An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close earlier in thousands of locations.
5 days ago
Susan Lee Wilson, attempting to use her phone after another outage. (KSL-TV)...
Matt Gephardt

Get Gephardt: Salt Lake woman battles phone company to fix 12-year-old landline problem

You pay for phone service, so you would expect to receive phone service. But when a Sandy woman’s landline kept going dead for more than a decade, she decided it was time to Get Gephardt.
9 days ago
An image from Customs and Border Protection shows eggs that a traveler attempted to bring into the ...
Zoe Sottile

As egg prices rise, so do attempts to smuggle them from Mexico, say US Customs officials

Officers at the San Diego Customs and Border Protection Office have seen an increase in the number of attempts to move eggs across the US-Mexico border.
10 days ago

Sponsored Articles

Fiber Optical cables connected to an optic ports and Network cables connected to ethernet ports...
Brian Huston, CE and Anthony Perkins, BICSI

Why Every Business Needs a Structured Cabling System

A structured cabling system benefits businesses by giving you faster processing speeds and making your network more efficient and reliable.
notebook with password notes highlighted...
PC Laptops

How to Create Strong Passwords You Can Actually Remember

Learn how you can create strong passwords that are actually easy to remember! In a short time you can create new ones in seconds.
house with for rent sign posted...
Chase Harrington, president and COO of Entrata

Top 5 Reasons You May Want to Consider Apartment Life Over Owning a Home

There are many benefits of renting that can be overshadowed by the allure of buying a home. Here are five reasons why renting might be right for you.
Festive kitchen in Christmas decorations. Christmas dining room....
Lighting Design

6 Holiday Decor Trends to Try in 2022

We've rounded out the top 6 holiday decor trends for 2022 so you can be ahead of the game before you start shopping. 
Happy diverse college or university students are having fun on their graduation day...
BYU MBA at the Marriott School of Business

How to Choose What MBA Program is Right for You: Take this Quiz Before You Apply!

Wondering what MBA program is right for you? Take this quiz before you apply to see if it will help you meet your goals.
Diverse Group of Energetic Professionals Team Meeting in Modern Office: Brainstorming IT Programmer...
Les Olson

Don’t Let a Ransomware Attack Get You Down | Protect Your Workplace Today with Cyber Insurance

Business owners and operators should be on guard to protect their workplace. Cyber insurance can protect you from online attacks.
Gearhead paradise. Utah International Auto Expo opens in Sandy