Old-fashioned mechanics used stethoscopes to locate automotive noises. If you don't have a stethoscope, just about any hollow tube and some solid rods work pretty well. Stick one end right at the entrance to your auditory canal and the other against hard, stationary parts of your car. Be careful of rotating parts. You'll be delighted at how well these things channel sound into your hearing apparatus.
I have used lengths of rubber tubing for this purpose, but my favorite is the tubular steel handle for a bottle jack I bought in about 1961.
Once you've found the origin of your noise you'll be better able to deal with it. Then you can loan your stethoscope to your friend so he can discover a cure for the squeak in his rear end (let him get in the trunk while you drive).