1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security.7 w( T& O( h9 y/ f: G# S
2) Depends on your credit history and credit score./ P6 u" M+ o& f3 ]. t/ z- i' `
3) Depends on your relationship with the financial institution.4 z" H3 x- Z b- A @0 y
4) The only advantage you have is that you pays the cash, and can discount that from the seller. 4 Z4 Z1 S6 X* E9 |4 X0 ~4 O5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.