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The most popular cars people are financing in every state

·Dom DiFurio

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Last year, Americans in almost every state took out loans to purchase SUVs and trucks more than any other type of vehicle, further confirming their desire for greater comfort and prominence on the road.

This is according to Experian, which analyzed its auto financing data for January through September 2022 to find the five most popular cars people financed in each state. States are listed in alphabetical order and vehicles are listed in descending order of popularity.

Consumers have options when buying a vehicle, but there are several reasons a consumer may choose to finance their vehicle with a loan. Rarely do consumers have enough cash on hand to purchase a vehicle outright—the average cost of a new vehicle in fall 2022 was more than $48,000, according to Kelley Blue Book. In today's high interest rate environment, financing a vehicle can add considerable cost to the overall payment of a vehicle, but it can also offer affordable monthly car payments that work for a consumer's immediate budget and needs. 

Among new vehicles purchased in 2022, 4 in 5 were bought with financing in place, according to  Experian. SUVs and wagons made up the largest proportion of vehicles financed in the U.S. at 60% of all financing. SUVs and pickups also grew as a proportion of all vehicles financed in 2022 compared with the year before.

The Toyota RAV4 appeared in more states' top five than any other vehicle. The sought-after compact SUV first became available in North America in 1995, and has topped the list of bestselling SUVs several times since. 

The Japanese automaker's continued dominance in the U.S. car market is apparent, according to Experian auto loan data from 2022. Toyota was the most popular car brand to appear among states' top-financed list. Toyota represents nearly 20% of the cars appearing on this list, and at least one Toyota model made the top five in all but five states. Consumer Reports rates Toyota as "superb" in overall reliability.

Red Toyota Camry in front of trees.

Ovu0ng // Shutterstock

1 / 51

Alabama

- Toyota Camry
- Ford F-150
- Toyota RAV4
- Toyota Highlander
- Toyota Tacoma

Beige GMC Sierra 1500 Elevation in parking lot.

Jonathan Weiss // Shutterstock

2 / 51

Alaska

- GMC Sierra 1500
- Toyota RAV4
- Toyota Tacoma
- Ford F-150
- Subaru Outback

Silver Toyota Tacoma on display in parking lot.

Jonathan Weiss // Shutterstock

3 / 51

Arizona

- Toyota Tacoma
- Toyota RAV4
- Toyota Camry
- Ford F-150
- GMC Sierra 1500

Red Ford F-150 on display at dealership.

Jonathan Weiss // Shutterstock

4 / 51

Arkansas

- Ford F-150
- Toyota RAV4
- GMC Sierra 1500
- Toyota Camry
- GMC Sierra 1500 Limited

Tesla model Y with white paint and blue wheels.

Roschetzky Photography // Shutterstock

5 / 51

California

- Tesla Model Y
- Tesla Model 3
- Toyota RAV4
- Toyota Camry
- Toyota Corolla

View of a red 2022 Toyota Rav4.

Victor Maschek // Shutterstock

6 / 51

Colorado

- Toyota RAV4
- Subaru Crosstrek
- Ford F-150
- Toyota Tacoma
- Toyota 4Runner

A 2021 Toyota RAV4 SUV at the Los Angeles Auto Show.

Steve Lagreca // Shutterstock

7 / 51

Connecticut

- Toyota RAV4
- Subaru Crosstrek
- Honda CR-V
- Subaru Forester
- Jeep Wrangler Unlimited

A Grey Honda CR-V 4x4 in nature with blue sky in background.

Domagoj Kovacic // Shutterstock

8 / 51

Delaware

- Honda CR-V
- Toyota RAV4
- Ford F-150
- Jeep Wrangler Unlimited
- GMC Sierra 1500

Toyota RAV4 Hybrid with a sunset.

tomas devera photo // Shutterstock

9 / 51

Washington DC

- Toyota RAV4
- Tesla Model Y
- Honda CR-V
- Tesla Model 3
- Subaru Crosstrek

A black Toyota Corolla Sedan on gravel.

otomobil // Shutterstock

10 / 51

Florida

- Toyota Corolla
- Toyota RAV4
- Toyota Camry
- Ford F-150
- Toyota Tacoma

Toyota RAV4 display at a dealership.

Jonathan Weiss // Shutterstock

11 / 51

Georgia

- Toyota RAV4
- Toyota Camry
- Ford F-150
- Toyota Corolla
- GMC Sierra 1500

Toyota Tacoma riding on trails in the mountains during a sunny morning.

EB Adventure Photography // Shutterstock

12 / 51

Hawaii

- Toyota Tacoma
- Toyota 4Runner
- Toyota RAV4
- Toyota Corolla
- Nissan Frontier

New Ford F-150 Rattler in the countryside.

Mike Mareen // Shutterstock

13 / 51

Idaho

- Ford F-150
- Toyota RAV4
- Subaru Outback
- Toyota Tacoma
- Toyota Highlander

Silver Honda CR-V on display.

Abdul Razak Latif // Shutterstock

14 / 51

Illinois

- Honda CR-V
- Toyota RAV4
- Chevrolet Equinox
- Ford F-150
- Hyundai Tucson

Red Chevy Equinox in a parking lot.

Jonathan Weiss // Shutterstock

15 / 51

Indiana

- Chevrolet Equinox
- Honda CR-V
- Ford F-150
- Toyota RAV4
- Jeep Wrangler Unlimited

New red Ford F150 at a dealership on some rocks.

Thomas Trompeter // Shutterstock

16 / 51

Iowa

- Ford F-150
- Chevrolet Equinox
- Chevrolet Silverado 2500HD
- Chevrolet Silverado 1500 Limited
- GMC Sierra 1500

White Ford F-150 don isplay at a dealership.

Jonathan Weiss // Shutterstock

17 / 51

Kansas

- Ford F-150
- Toyota RAV4
- Honda CR-V
- GMC Sierra 1500
- Chevrolet Silverado 1500 Limited

Blue Toyota RAV4 on display at the Orange County International Auto Show.

betto rodrigues // Shutterstock

18 / 51

Kentucky

- Toyota RAV4
- Ford F-150
- Toyota Highlander
- GMC Sierra 1500
- Honda CR-V

Ford F150 standing sideways on an asphalt road.

jluke // Shutterstock

19 / 51

Louisiana

- Ford F-150
- GMC Sierra 1500
- Toyota Camry
- Chevrolet Silverado 1500 Limited
- Toyota RAV4

White Toyota RAV4 right side of the car.

Best Auto Photo // Shutterstock

20 / 51

Maine

- Toyota RAV4
- Ford F-150
- Subaru Crosstrek
- Toyota Tacoma
- Subaru Forester

Silver Toyota RAV-4, side view.

Everyonephoto Studio // Shutterstock

21 / 51

Maryland

- Toyota RAV4
- Honda CR-V
- Toyota Camry
- Toyota Highlander
- Toyota Corolla

Toyota RAV-4, side view.

Everyonephoto Studio // Shutterstock

22 / 51

Massachusetts

- Toyota RAV4
- Honda CR-V
- Toyota Highlander
- Subaru Crosstrek
- Jeep Wrangler Unlimited

Blue Chevrolet Equinox SUV on display outside.

Jonathan Weiss // Shutterstock

23 / 51

Michigan

- Chevrolet Equinox
- Ford F-150
- Chevrolet Blazer
- Ford Escape
- Ford Explorer

Ford F-150 Raptor in snow.

Jarlat Maletych // Shutterstock

24 / 51

Minnesota

- Ford F-150
- Toyota RAV4
- GMC Sierra 1500
- Honda CR-V
- Mazda CX-5

Toyota Camry with beautiful white cloud and blue sky landscape view

Alen thien // Shutterstock

25 / 51

Mississippi

- Toyota Camry
- Ford F-150
- Nissan Altima
- Toyota RAV4
- Toyota Highlander

Rendering of a Ford F-150 Rattler with a sunset.

Mike Mareen // Shutterstock

26 / 51

Missouri

- Ford F-150
- Toyota RAV4
- GMC Sierra 1500
- Chevrolet Equinox
- Honda CR-V

Ford F-150 display at a dealership.

Jonathan Weiss // Shutterstock

27 / 51

Montana

- Ford F-150
- GMC Sierra 1500
- Ford F-350 Super Duty
- Toyota RAV4
- GMC Sierra 2500

Front view of a white Ford F-150.

Jonathan Weiss // Shutterstock

28 / 51

Nebraska

- Ford F-150
- GMC Sierra 1500
- Chevrolet Silverado 2500HD
- Chevrolet Silverado 1500 Limited
- Chevrolet Equinox

Blue Toyota RAV4 on city background.

Roman Vyshnikov // Shutterstock

29 / 51

Nevada

- Toyota RAV4
- Tesla Model Y
- Tesla Model 3
- GMC Sierra 1500
- Toyota Tacoma

Side view of gray Toyota Rav4.

Dimitar Ivanov // Shutterstock

30 / 51

New Hampshire

- Toyota RAV4
- Toyota Tacoma
- Subaru Crosstrek
- Honda CR-V
- Ford F-150

A Honda model CRV crossing mud road.

Ovu0ng // Shutterstock

31 / 51

New Jersey

- Honda CR-V
- Toyota RAV4
- Mazda CX-5
- Tesla Model Y
- Toyota Highlander

Ford F-150 Lightning display.

Jonathan Weiss // Shutterstock

32 / 51

New Mexico

- Ford F-150
- Toyota RAV4
- Toyota Tacoma
- GMC Sierra 1500
- Chevrolet Silverado 1500 Limited

Honda CR-V, side view.

Everyonephoto Studio // Shutterstock

33 / 51

New York

- Honda CR-V
- Toyota RAV4
- Chevrolet Equinox
- Mazda CX-5
- Toyota Highlander

Side view new brown Toyota Rav4 with a bow.

Andrey Sayfutdinov // Shutterstock

34 / 51

North Carolina

- Toyota RAV4
- Toyota Camry
- Ford F-150
- Honda CR-V
- Toyota Corolla

Three Ford F-Series Trucks in a row.

Jonathan Weiss // Shutterstock

35 / 51

North Dakota

- Ford F-150
- GMC Sierra 1500
- Chevrolet Silverado 1500 Limited
- Chevrolet Silverado 1500
- Chevrolet Silverado 2500HD

Honda CR-V Hybrid Prototype showcased at the Frankfurt IAA Motor Show.

VanderWolf Images // Shutterstock

36 / 51

Ohio

- Honda CR-V
- Chevrolet Equinox
- GMC Sierra 1500
- Ford F-150
- Toyota RAV4

A dark blue Ford F-150 Raptor truck.

Khairil Azhar Junos // Shutterstock

37 / 51

Oklahoma

- Ford F-150
- GMC Sierra 1500
- Chevrolet Silverado 1500 Limited
- Toyota RAV4
- Ford Explorer

Red Toyota RAV-4, side view.

Everyonephoto Studio // Shutterstock

38 / 51

Oregon

- Toyota RAV4
- Toyota Tacoma
- Toyota Highlander
- Subaru Crosstrek
- Subaru Outback

Side view of a white Toyota RAV-4.

Everyonephoto Studio // Shutterstock

39 / 51

Pennsylvania

- Toyota RAV4
- Honda CR-V
- Subaru Crosstrek
- Ford F-150
- GMC Sierra 1500

Toyota RAV-4, side view.

Everyonephoto Studio // Shutterstock

40 / 51

Rhode Island

- Toyota RAV4
- Toyota Highlander
- Toyota Tacoma
- Toyota Camry
- Toyota Corolla

Side view of a Toyota RAV4.

Jan Kliment // Shutterstock

41 / 51

South Carolina

- Toyota RAV4
- Ford F-150
- Toyota Tacoma
- Toyota Camry
- GMC Sierra 1500

Ford F-150 Lightning display.

Jonathan Weiss // Shutterstock

42 / 51

South Dakota

- Ford F-150
- GMC Sierra 1500
- Chevrolet Silverado 1500 Limited
- Ford Explorer
- Chevrolet Silverado 1500

Back view of a Ford F-150.

jluke // Shutterstock

43 / 51

Tennessee

- Ford F-150
- Toyota RAV4
- Nissan Rogue
- Toyota Highlander
- Honda CR-V

Ford F-150 during fast driving on dirt road.

Mike Mareen // Shutterstock

44 / 51

Texas

- Ford F-150
- GMC Sierra 1500
- Toyota RAV4
- Chevrolet Silverado 1500 Limited
- Toyota Camry

Ford F-350 display at a dealership.

Jonathan Weiss // Shutterstock

45 / 51

Utah

- Ford F-150
- Toyota RAV4
- Toyota Tacoma
- Subaru Outback
- Tesla Model Y

A blue Toyota RAV4 driving.

emirhankaramuk // Shutterstock

46 / 51

Vermont

- Toyota RAV4
- Toyota Tacoma
- Subaru Crosstrek
- Ford F-150
- GMC Sierra 1500

A blue Toyota RAV4 driving up a dirt hill.

emirhankaramuk // Shutterstock

47 / 51

Virginia

- Toyota RAV4
- Honda CR-V
- Toyota Tacoma
- Toyota Highlander
- Ford F-150

A Toyota RAV 4 Hybrid on display.

Vershinin89 // Shutterstock

48 / 51

Washington

- Toyota RAV4
- Honda CR-V
- Tesla Model Y
- Toyota Tacoma
- Subaru Crosstrek

Upward angle of a black Ford F150 driving.

jluke // Shutterstock

49 / 51

West Virginia

- Ford F-150
- Toyota RAV4
- Toyota Tacoma
- Chevrolet Silverado 1500 Limited
- Toyota Highlander

A black Ford F150 driving.

jluke // Shutterstock

50 / 51

Wisconsin

- Ford F-150
- Chevrolet Equinox
- Toyota RAV4
- Honda CR-V
- GMC Sierra 1500

Ford F-150 display at a dealership.

Jonathan Weiss // Shutterstock

51 / 51

Wyoming

- Ford F-150
- GMC Sierra 2500
- Toyota RAV4
- GMC Sierra 1500
- GMC Sierra 3500

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