There are mainly 0 down payment credit card installment purchase and ordinary credit card installment purchase.
1 0 down payment credit card to buy a car in installments. This way of buying a car can go to the local bank credit card to buy a car in installments without preparing a down payment. However, it should be noted that because it is a 0 down payment credit card to buy a car in installments, it is necessary to pay attention to whether the total price of this car has risen, which models are limited, and whether there are any extra fees.
2. Ordinary credit cards buy cars in installments. This kind of car purchase by credit card, like car mortgage loan, also requires the applicant to prepare a 30% down payment to handle it.
Therefore, whether it is necessary to pay the down payment in installments for car purchase by credit card depends on which loan method the borrower chooses. It is suggested that borrowers should consult relevant lending institutions in advance before applying for loans.