1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.! y1 E6 ?9 W W; f; Y0 ]
2) Depends on your credit history and credit score.! f+ ?" x0 `* z% ~0 v0 x
3) Depends on your relationship with the financial institution.: {# N3 m- u6 x
4) The only advantage you have is that you pays the cash, and can discount that from the seller. R4 j m8 ~* }6 z+ b* E: U: l
5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.