A couple of weeks ago (on September 2, to be exact), the Dallas Morning News ran a story by Terry Box on a recent study by Experian on car loans:
Dallas motorists shoulder the highest monthly car and truck payments of those in any major U.S. market except Houston, according to a new study.
In a review of 3 million consumer profiles, Experian Consumer Direct found average vehicle payments of $441 in Houston and $424 in Dallas, compared with the national average of $383.
Dallas had the largest average loan amount