1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security. 6 y6 h5 o( k* r# [( J3 w2) Depends on your credit history and credit score. * `) C, f, `. h; O3) Depends on your relationship with the financial institution.) W g5 T6 Q5 K: {
4) The only advantage you have is that you pays the cash, and can discount that from the seller.- }$ j0 I ^ j" l4 G
5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.