"UAW Strike Threatens to Increase Average Monthly Car Payments"

With interest rates for new vehicle financing on the rise, experts recommend setting a budget and using auto loan calculators to estimate monthly payments. It is advised to get pre-approved for an auto loan from a bank or credit union before visiting a dealership, as they often offer higher interest rates. Additionally, expanding the search to dealerships a few hours away can lead to better inventory and deals, and obtaining quotes from multiple dealerships can aid in negotiation.