That's a horrible rate. Try a credit union or places like http://www.capitaloneautofinance.com.

You can join PFCU (http://www.penfed.org) if you have a family member in the military OR pay $20 for membership in National Military Family Association. Their current rate on auto loans is 4.75%. You'll recoup your $20 i no time :)

I don't have a car loan, but yeah, that does strike me as very high. I have never heard of PFCU, but another military-associated place to get good rates is USAA.

I have an ultra-low credit card rate with them, and my sister has a mortgage through them (I got a discount from someone else through work) and they also have excellent insurance rates, both homeowner's and car.

All you need to join is a family member who is or was in any brach of the military. They also have online banking, free (interest) checking, and I am pretty sure they've done all my wire transfers for free.

Also, as a teen, I was practically a constant demolition derby and they always were very generous with their estimates for body work, etc.

5.8%...from a credit union....in the Midwest...although apparently you worked it out since your car is in.

I would recommend http://capitaloneautofinance.com/. I've financed three cars with them and haven't been able to beat their rates.