1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security. - V" w z! Q% A( {& z- k* k: N2) Depends on your credit history and credit score.# ?7 j2 ]' I- Q* H$ h+ R( L
3) Depends on your relationship with the financial institution.2 q: [$ N2 O6 w
4) The only advantage you have is that you pays the cash, and can discount that from the seller.; J) z: N; I, I0 ~5 r
5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.