1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security./ l9 m' S. z" A/ g) b& ^5 n; W
2) Depends on your credit history and credit score.# J, \7 \; t& a7 Y7 ^8 T% _
3) Depends on your relationship with the financial institution.+ B) `+ i& @% Z# v4 l- i
4) The only advantage you have is that you pays the cash, and can discount that from the seller. / o4 X' E4 H$ C0 _9 A2 ?, @0 B5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.