1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security." U/ c2 _4 q/ c
2) Depends on your credit history and credit score.) s. \3 p' P) q Q3 |; j' Z. e
3) Depends on your relationship with the financial institution. ! D/ A; f& Z! @# h4) The only advantage you have is that you pays the cash, and can discount that from the seller. % p+ c- e6 Z& e H7 o, c5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.