1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security. ) W4 o ^- o3 F1 J) a2) Depends on your credit history and credit score. 5 x: H1 @/ G6 I0 |! j3) Depends on your relationship with the financial institution./ k; f7 V9 x" K
4) The only advantage you have is that you pays the cash, and can discount that from the seller. 3 ]9 Q$ h0 \* z7 ~) l5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.