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

The head of Capital One Auto, one of the nation's largest auto finance lenders, told CNBC he isn't overly concerned about rising consumer automotive debt and inflated used car prices leading to so-called "forever loans." While median monthly car payments have jumped from $390 to $525 since 2019, data provided by Capital One Auto suggests vehicle costs have been stable compared with income.