1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.8 z7 t" c, J9 A, d, ^
2) Depends on your credit history and credit score.7 D2 B6 B5 U4 F& U: O3 T1 p5 @6 R0 K
3) Depends on your relationship with the financial institution.: i; w( E9 Y l# H" S
4) The only advantage you have is that you pays the cash, and can discount that from the seller. ; R2 ^8 S- N- C6 i( D# E( O7 q5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.