Sep 1, 2025
The States With the Highest (and Lowest) Auto Debt

Key takeaways
- Louisiana, Florida, and Texas have the highest auto loan balances relative to income.
- Texas, Florida, and Louisiana have the largest average loan balances per vehicle.
- Massachusetts, Hawaii, and Minnesota have the lowest auto debt-to-income ratios.
- The national average outstanding loan balance per vehicle is $6,671.