[floxy]

>The median US car payment is $749 new and $529 used.

Most cars are apparently owned outright / not currently financed? 66% according to this source at least:

https://accountinginsights.org/what-percentage-of-cars-on-th...

[triceratops]

Cars on the road != car purchases. 70% of new cars are financed. It could be as high as 40% for used cars, but there isn't high-quality data for that.