Can I pay for part of a used car (dealership) with a credit card?

[overflowing]

I'm looking to puchase a used car soon, although I haven't decided on the particular model yet, I do know that I want some kind of economy car (Corolla, Echo, Mazda Protege, Civic, etc.). I have a Capital One Loan coming to me in the amount of $7500. What I want to know is, let's say the car I want to buy is $10,000, can I put the remainder on a credit card? I'll be able to pay off the card relatively quickly, my main question is will this be okay with the dealer?

[hoapres]

Ask the dealer. They may or may not take credit cards.

[so-beyond-broke]

I'm looking to puchase a used car soon, although I haven't decided on the particular model yet, I do know that I want some kind of economy car (Corolla, Echo, Mazda Protege, Civic, etc.). I have a Capital One Loan coming to me in the amount of $7500. What I want to know is, let's say the car I want to buy is $10,000, can I put the remainder on a credit card? I'll be able to pay off the card relatively quickly, my main question is will this be okay with the dealer?

 

 

It depends on the dealership, but when I got my car years ago I had them charge a $1000 down payment to my Mastercard.

 

sbb

[MarvBear]

you can charge whatever your card will let you charge, it's ok with me.

 

10k

 

or 200K no problem.

[bbjdb]

The dealer I just dealt with wouldn't take anything over $2000. Call them and find out. What I did was to use CC checks. Try a 0% card or rewards.

[mk_378]

Most places will gladly let you charge up to the full price of the car, if you have the limit for it. The ones that have a limit will probably bend that policy if it means they'll lose the deal otherwise. It may be best not to mention you'll be using a CC until after everything is complete and it is time to pay the down payment.

[MarvBear]

Most places will gladly let you charge up to the full price of the car, if you have the limit for it. The ones that have a limit will probably bend that policy if it means they'll lose the deal otherwise. It may be best not to mention you'll be using a CC until after everything is complete and it is time to pay the down payment.

 

 

AMEN to THAT. Save it for the very last

[FahQca]

Depends on the dealer. Some let you do it, some let you do it up to a certain amount. The problem is, they have to pay a certain percentage of charges to the company that runs their credit cards....they often times lose 2-3% on CC transactions.

[overflowing]

...The problem is, they have to pay a certain percentage of charges to the company that runs their credit cards....they often times lose 2-3% on CC transactions.

 

Good point. I'd didn't even think of that. That probably explains why some put a cap on how much.