Susan Tompor:

You have to budget everything,” Taylor said. They’d like a car payment of $250 or less.
 As much as experts say higher rates won’t matter all that much to car sales, consumers still care about how much extra money will come out of their wallets after the Federal Reserve bumps up rates a few times in 2016.
 If you’re shopping for a car or truck, someone with good credit still should be able to find a car loan rate ranging somewhere from 4.5% to 5% in the months ahead. Higher rates will hit those with far less than stellar credit — where rates for subprime borrowers can be 10% to 15% or higher.