While median car payments have jumped from $390 to $525 since 2019, data provided by Capital One suggests stability in vehicle cost compared to income.
"If I just told you, 'Car prices going up, interest rates going up, insurance prices going up,' you would say, 'You know what, consumers must be paying more as a ratio to the income,'" Capital One Auto President Sanjiv Yajnik told CNBC. "However, if ... [3701 chars]