Open Question: can a paid off car be used as a kind of collateral for a personal loan?

I am 18 years of age. always been good with my money (I have a $12,000 car paid off), never taken out a loan and i paid cash for my $12K car. I recently took out a line of credit of $100, and use it often but am sure to pay much over the minimum payment, if not pay all of it off before payment is due.

My question is, since I don’t really have any credit yet, could my paid off car be used as collateral for a loan of about $4000? Maybe to show a loan officer that in the rare case that my payments aren’t being made, the car has plenty of value to pay off the loan?

I’m not sure if i’m presenting this information correctly as I am new to loans and credit. so please correct me if i am misusing any terms or information. Any and all help is appreciated.