Can You Use A Credit Card To Buy A Car at Buying

Can You Use A Credit Card To Buy A Car. If the card balance isn’t paid down by the statement closing date, it gets reported to the credit bureaus. Some auto dealerships will let you use a credit card to buy a car.

Buying a car with a credit card because you can draw out the payments is an even worse idea than buying the car for rewards. As long as your credit limit is high enough, you can put down a down payment or even a complete purchase with enough available credit. Credit cards are one of my favorite financial tools.

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Also, due to the size of the transaction, you may need to get permission from your credit card issuer. If you have a card with generous benefits and. And some dealers don’t accept credit cards at all. You probably won’t be able to buy the car outright using just a credit card as there are limits in place.