"UAW Strike Threatens to Increase Car Prices and Monthly Payments for Consumers"

With interest rates for new vehicle financing reaching 7.4% and average monthly payments for new cars hitting $730, 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 to secure better loan terms. Additionally, expanding the search to dealerships a few hours away can yield better inventory and deals, and obtaining quotes from multiple dealerships can aid in negotiation.