Consider these 4 things before buying a new car with your credit card.
Depending on the car dealer and the cost of the car itself, you may be able to pay for this big-ticket purchase by simply swiping your credit card. But think twice before going full speed ahead.Consider the car dealership
Like all merchants that accept credit cards, car dealerships have to pay processing fees for every card transaction, so they have their own rules about whether or not you can pay using credit. Some may only allow you to charge a portion of the down payment, while others could allow you to fund the entire car cost on a credit card. If you are thinking about using your credit card, first negotiate the car price before telling the dealer your method of payment.
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