1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.9 K$ ?( m9 o9 f0 b+ @. n! z' c
2) Depends on your credit history and credit score.( v+ ]- A, X; s
3) Depends on your relationship with the financial institution. 5 W: }. S9 N t) ?* Q1 ]7 ^) O4) The only advantage you have is that you pays the cash, and can discount that from the seller. / {6 {2 _0 b1 b6 L4 f2 H, H( W5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.