The Right Time to Buy a Car
Average transaction prices are anywhere between, let's say $30,000 to $35,000 for the average vehicle sold in the U.S., and that's because there's a lot of new technology on vehicles. There's a lot of new safety features. Vehicles from all manufacturers are pretty much loaded now with a lot of great equipment, so we're seeing average transaction prices go up.
Vice President, Automotive Lending Products and Sales, PenFed Credit Union