1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.4 S+ F! \. X: a6 q p* c
2) Depends on your credit history and credit score.$ J: { x0 q6 ^, ]8 N
3) Depends on your relationship with the financial institution. @1 ?/ B$ }$ L1 ~4 C
4) The only advantage you have is that you pays the cash, and can discount that from the seller.4 G% @# }) S6 P; l, B# i0 {
5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.