Skip to content
The Nexus
BUSINESSMay 9 · 12:00 UTCCNBC TOP

Why one of the nation's largest auto lenders isn't worried about high vehicle prices or 'forever loans'

Median car payments have increased from $390 to $525 since 2019, but data from Capital One suggests stability in vehicle costs compared to income. This stability is a positive sign for the auto lending industry. Despite high vehicle prices and long loan terms, one of the nation's largest auto lenders remains unworried.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this