Finding a cheap car loan is not as hard as it sounds. There are plenty of companies out there who will give you a cheap auto loan and are not out to gouge your pocket book. You will have to do a little comparison shopping for the best car loan, but it will be well worth it in the end.
The best place to start looking is with your financial institution, because they know you, your history and credit, so they may be able to offer you the best rates. You can also check online for car loan companies. There will be a lot of trash out there offering the cheapest car loans', but make sure that you read the fine print. Some of these companies will offer really low interest rates, but will have high transaction fees or high administration fees to help cover the loss from lower rates. Do some comparison shopping, and ensure that the company will insure the car that you want to purchase. In some cases, the finance company will not ensure some styles of vehicles, so make sure the vehicle you are considering falls within their guidelines.
You can also check your local newspaper for cheap car loans. Some smaller financial companies will offer great deals on car loans, but again, make sure that you read the fine print. The dealership itself may offer financing for vehicles, and sometimes when they are having a sale you may be able to get a really cheap car loan directly from the dealer.
Always read the fine print when signing a loan for your vehicle, no matter who you get the loan from. Sometimes the deal that looks the best and cheapest on the surface is not the best one in the long run.