1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.4 m2 J. H3 c; A P( S' \
2) Depends on your credit history and credit score. + \0 |# |. z9 F, H3) Depends on your relationship with the financial institution. . _- {) S8 z# q# f0 d" i% ~8 J4 G4) The only advantage you have is that you pays the cash, and can discount that from the seller. # I' j! ~; ^4 a! b5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.