Source: Susan Tompor, USA Today

The hot news about car loans this year, though, is that rates are lower than last year — so shopping around for car loan could prove invigorating when you snag a real deal.  Bargain car loan rates — both for used and new cars — are hovering around 3% or so now at banks and credit unions.

Plenty of carmakers are offering 0% and 1.9% financing on several models, too. But make sure to run the numbers on various online calculators to determine whether you'd be better off taking a cash-back rebate than 0% financing, if given a choice.

Read Full Article: Car loans are cheap, but shop around