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: Most dealers prefer you only use a card for the down payment and secure traditional financing for the remainder.
Yes, you can technically buy a car with a credit card , but it is rarely a straightforward process and often comes with significant restrictions. While most dealerships accept cards for smaller items like service or parts, using one for a vehicle purchase usually involves the following limitations: Common Dealer Restrictions can i buy a new car with a credit card
: Some experts suggest negotiating the final price before mentioning you want to pay by credit card to prevent the dealer from baking the fees into your quote. Financial Pros and Cons : Most dealers prefer you only use a
: To cover merchant costs, dealers may pass a 1.5% to 4% convenience fee onto you, which can instantly negate any rewards you might earn. Financial Pros and Cons : To cover merchant