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09-25-2012, 06:38 PM
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#1 |
 Drives: 2012 camaro Join Date: Sep 2012
Location: east islip ny
Posts: 228
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buying a car on a credit card
this is just a question i would never do this but has any body ever put a 22 grand car on there credit card???
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09-25-2012, 06:42 PM
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#2 |
           
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interest rate alone will kill you...
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09-25-2012, 06:42 PM
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#3 |
 Drives: 2013 Black 2LT/RS Join Date: Jul 2012
Location: Breaux Bridge, LA
Posts: 14
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The dealer that I got my car from does not take credit cards, I had to write a check for the down payment
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09-25-2012, 06:45 PM
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#4 |
     
Drives: Really Slow Join Date: Apr 2010
Location: PA
Posts: 56,957
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unless you can get 0% interest on the card, for the life of the card, i wouldn't do it. lmao
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09-25-2012, 06:54 PM
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#5 |
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knows 2 facts about ducks
Drives: ...and they're both wrong Join Date: Aug 2009
Location: The HMS Invincible
Posts: 25,072
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Depends - if I had the money to buy the car in cash/check then I'd do it and just pay the whole thing off a few days later.
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09-25-2012, 06:59 PM
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#6 | |
Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
Location: Torrance
Posts: 14,425
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09-25-2012, 07:01 PM
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#7 | |
Drives: COTW 8/29/11 2010 CAMARO Join Date: Jul 2009
Location: HOMELESS
Posts: 10,010
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Quote:
  
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09-25-2012, 07:06 PM
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#8 | |
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Drives: 2011 2SS/RS LS3 Join Date: Nov 2011
Location: Torrance
Posts: 14,425
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09-25-2012, 07:07 PM
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#9 |
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Drives: 2012 45 Anniversary Vert Join Date: Apr 2012
Location: atlanta
Posts: 2,511
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soooo.....get a credit card with miles or cahs back, buy the car with that credit card, then pay it off with the loan money from the bank before interest kicks in.......collect free miles and cash back.....
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09-25-2012, 07:11 PM
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#10 | |
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Account Suspended
Drives: 2012 Camaro SS 45th Anniversary Edi Join Date: Nov 2011
Location: Rochester, New York
Posts: 523
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09-25-2012, 07:16 PM
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#11 |
Drives: '11 2SS, '11 C6 GS, '04 MDX Join Date: Feb 2012
Location: Kearney, MO
Posts: 2,847
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There are some small used car dealers around here that I have seen that take credit cards but they're the we finance you type places. No way a new car dealer will eat the 2-4% fee.
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09-25-2012, 07:17 PM
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#12 |
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Account Suspended
Drives: nothing Join Date: Nov 2010
Location: a hole
Posts: 17,906
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No
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09-25-2012, 07:17 PM
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#13 | |
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Drives: COTW 8/29/11 2010 CAMARO Join Date: Jul 2009
Location: HOMELESS
Posts: 10,010
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09-25-2012, 07:20 PM
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#14 |
Drives: 2012 2SS/RS LS3 Join Date: Mar 2012
Location: Burbank, CA
Posts: 272
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I did it in college. 10k to buy some P.O.S. PT Cruiser. They wouldn't finance me because I only worked some part-time job while I was in college. 15% Interest rate. Completely stupid but it was a necessity.
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