1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security. / ^. {$ k- }7 d: [# {, T/ D2) Depends on your credit history and credit score. + H% A7 G' g2 `8 r. v6 w X7 c3) Depends on your relationship with the financial institution.9 X9 T9 t2 }0 O3 x) A. C3 t
4) The only advantage you have is that you pays the cash, and can discount that from the seller. ) c3 B- V8 @- d0 a, X; y5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.