1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.8 t; A' S# J x" \
2) Depends on your credit history and credit score. - ]1 O3 U( c# l( _3) Depends on your relationship with the financial institution. " f# G8 v' R* [' B' J4 \& j4) The only advantage you have is that you pays the cash, and can discount that from the seller. % ?$ g, q4 `5 I5 ] r0 [. U5 ]5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.