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1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.
. c+ `4 d/ b# |; ]; s. e2) Depends on your credit history and credit score., S# p9 F* N+ c
3) Depends on your relationship with the financial institution.
- k p# q, ], |! s! o& e# ?, }2 X4) The only advantage you have is that you pays the cash, and can discount that from the seller.3 D) u) c/ B7 \+ c- F) H0 J7 N/ Z
5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck. |
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