HOUSTON — If your monthly car payment feels sky-high, you’re not alone — especially in Texas. A new analysis from LendingTree reveals that nearly 1 in 8 Texas auto loan holders are paying $1,000 or more each month for their vehicle, the highest rate in the nation.

Nationwide, 8.6% of Americans with auto loans had at least one monthly payment of $1,000 or more during the first quarter of 2025. But the Lone Star State outpaces every other state, with 12.8% of borrowers facing these four-figure monthly payments.

"It’s a tough time to be in the market for a car," the LendingTree study notes, pointing to an average new vehicle price nearing $50,000, along with persistently high interest rates.

Texas tops the list

According to the report, LendingTree reviewed 180,000 anonymized credit repo

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