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

Alabama

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

Beige GMC Sierra 1500 Elevation in parking lot.
Jonathan Weiss // Shutterstock

Alaska

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

Silver Toyota Tacoma on display in parking lot.
Jonathan Weiss // Shutterstock

Arizona

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

Red Ford F-150 on display at dealership.
Jonathan Weiss // Shutterstock

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

California

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

View of a red 2022 Toyota Rav4.
Victor Maschek // Shutterstock

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

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

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

Washington DC

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

A black Toyota Corolla Sedan on gravel.
otomobil // Shutterstock

Florida

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

Toyota RAV4 display at a dealership.
Jonathan Weiss // Shutterstock

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

Hawaii

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

New Ford F-150 Rattler in the countryside.
Mike Mareen // Shutterstock

Idaho

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

Silver Honda CR-V on display.
Abdul Razak Latif // Shutterstock

Illinois

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

Red Chevy Equinox in a parking lot.
Jonathan Weiss // Shutterstock

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

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

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

Kentucky

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

Ford F150 standing sideways on an asphalt road.
jluke // Shutterstock

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

Maine

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

Silver Toyota RAV-4, side view.
Everyonephoto Studio // Shutterstock

Maryland

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

Toyota RAV-4, side view.
Everyonephoto Studio // Shutterstock

Massachusetts

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

Blue Chevrolet Equinox SUV on display outside.
Jonathan Weiss // Shutterstock

Michigan

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

Ford F-150 Raptor in snow.
Jarlat Maletych // Shutterstock

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

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

Missouri

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

Ford F-150 display at a dealership.
Jonathan Weiss // Shutterstock

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

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

Nevada

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

Side view of gray Toyota Rav4.
Dimitar Ivanov // Shutterstock

New Hampshire

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

A Honda model CRV crossing mud road.
Ovu0ng // Shutterstock

New Jersey

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

Ford F-150 Lightning display.
Jonathan Weiss // Shutterstock

New Mexico

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

Honda CR-V, side view.
Everyonephoto Studio // Shutterstock

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

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

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

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

Oklahoma

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

Red Toyota RAV-4, side view.
Everyonephoto Studio // Shutterstock

Oregon

– Toyota RAV4
– Toyota Tacoma
– Toyota Highlander
– Subaru Crosstrek
– Subaru Outback

Side view of a white Toyota RAV-4.
Everyonephoto Studio // Shutterstock

Pennsylvania

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

Toyota RAV-4, side view.
Everyonephoto Studio // Shutterstock

Rhode Island

– Toyota RAV4
– Toyota Highlander
– Toyota Tacoma
– Toyota Camry
– Toyota Corolla

Side view of a Toyota RAV4.
Jan Kliment // Shutterstock

South Carolina

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

Ford F-150 Lightning display.
Jonathan Weiss // Shutterstock

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

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

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

Utah

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

A blue Toyota RAV4 driving.
emirhankaramuk // Shutterstock

Vermont

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

A blue Toyota RAV4 driving up a dirt hill.
emirhankaramuk // Shutterstock

Virginia

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

A Toyota RAV 4 Hybrid on display.
Vershinin89 // Shutterstock

Washington

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

Upward angle of a black Ford F150 driving.
jluke // Shutterstock

West Virginia

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

A black Ford F150 driving.
jluke // Shutterstock

Wisconsin

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

Ford F-150 display at a dealership.
Jonathan Weiss // Shutterstock

Wyoming

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

This story originally appeared on Experian and was produced and
distributed in partnership with Stacker Studio.

This story was written by Stacker and has been re-published pursuant to a CC BY-NC 4.0 License.

This post was originally published on this site