1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security. 0 U; `, P; @1 ]) R3 G5 G2) Depends on your credit history and credit score.. L$ \& Y' B) g- P H
3) Depends on your relationship with the financial institution.2 ?; R. L$ G$ H( V4 I, A
4) The only advantage you have is that you pays the cash, and can discount that from the seller. + s$ s5 O4 o' ]4 s/ y3 T5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.