1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.) l$ o$ h, r1 Q, f& Y7 \1 d
2) Depends on your credit history and credit score.4 r* V1 f' N# Z: N) a
3) Depends on your relationship with the financial institution.) P# _$ S' B0 Z- n" [
4) The only advantage you have is that you pays the cash, and can discount that from the seller. 6 H& Z. a* C4 }) D% h, d! N3 M5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.