1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.# `9 ^2 w" K5 ?/ i/ v+ A
2) Depends on your credit history and credit score. 2 Z& C: Q5 A- H- S: z$ _, l+ i3) Depends on your relationship with the financial institution.) A2 a+ }, C7 D2 m: _ q9 Q
4) The only advantage you have is that you pays the cash, and can discount that from the seller. : S! c! \0 u6 {5 Z8 E% q3 W5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.