1) The car has to be within 7 years old to enjoy a reasonably good rate with car used as security. # n+ [9 x0 d6 m2) Depends on your credit history and credit score. - ?0 d5 R' f' }: K+ D, M4 r4 F$ `3) Depends on your relationship with the financial institution. 0 @) c& I" |: M8 {6 q4) The only advantage you have is that you pays the cash, and can discount that from the seller. " F. o' I: G. e9 {5 E: k5) For cars more than 7 years old, the interest can be significantly higher because the collateral value is hard to assess. Good luck.