Credit Tips: Down Payment on Car With Credit Card

Posted On: December 1, 2005

Author: Mike.Main
Posted: Sun Oct 30, 2005 7:36 pm
Post subject: Down Payment on Car With Credit Card

Do you guys have anything against that, assuming my card has a much lower interest rate than my auto loan?

Author: mouse
Posted: Sun Oct 30, 2005 7:39 pm
Post subject: Down Payment on Car With Credit Card

Why only the down payment?????????

(assuming you get miles or points or cash back REWARDS)

ASSUMING the bill is PAID IN FULL or it has a 0.00% BT/PURCHASE rate or you can BT it to another card that does have a 0.00% BT

Author: JaneiR36
Posted: Sun Oct 30, 2005 7:47 pm
Post subject: Down Payment on Car With Credit Card

Only risk is will you be able to get another low interest rate when the one you’re currently eyeing expires? Especially if you can get those 0% for life BT’s, that would be SWEET!! Other options would be great but you just have to keep an eye on your credit and have an exit plan in case you lose your job and your credit starts to plummet, for instance.

Author: mouse
Posted: Sun Oct 30, 2005 8:14 pm
Post subject: Down Payment on Car With Credit Card

I personally have done it TWICE this year

THE WHOLE THING NOT JUST A DOWN PAYMENT!!!

AMEX DELTA (DOUBLE MILES)