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To buy a car, you need a down payment of 60,000, and you only have 30,000 on hand. Can you use a credit card for the other 30,000?

To buy a car, you need a down payment of 60,000, and you only have 30,000 on hand. Can you use a credit card for the other 30,000?

Okay. As long as there is a POS machine in the car dealership, it is basically available. As for installment, you generally need to apply for it. It depends on which bank you are with. As long as you have used it for more than half a year and have good credit, then installment payment is basically no problem. As for the mortgage, you can usually apply for it by mortgaging your car to the bank. Installment and installment are two different things.

Can I use a credit card as a down payment when buying a car?

It is possible to pay by credit card, but installment is not necessarily possible. Many banks do not support installment payment when buying a house or a car.

Can the down payment for a car mortgage be paid with a credit card?

Yes. Two ways:

1. After applying for the mortgage contract, use a credit card from another bank to pay the down payment.

2. If you go to the same bank, use a credit card to withdraw cash first or pay first and then transfer the money at another bank as a down payment before applying for a mortgage contract.

Can I use a credit card for the down payment of a car?

A credit card is just a payment tool. Can I use a credit card for the down payment of a car? If you have enough credit, you can certainly make a down payment. If it is not enough, you can recharge until it is enough and then pay. Simply put, there is no problem in paying a down payment. As for the mortgage, it depends on who the mortgage is for? Usually it's a bank. If the bank can accept it, it's no problem. This has nothing to do with credit cards. Credit cards are just a method of payment after the bank approves the mortgage.

Can I use a credit card for the down payment of a car?

Yes, you can also pay in installments

Can the down payment for a car be paid with a credit card? Of course, there is a lower 50% difference, but the lower one is a small loan, and the interest rate of the loan is relatively high

Can I still pay in installments when buying a car with a credit card?

Yes. Credit card installment is equivalent to buying a car in full.

Can a credit card be used for car down payment?

As long as the credit limit is enough, it’s fine. Neither the 4S store nor the bank care. The bank only needs you to repay the loan on time.

Can I buy a car with a credit card? Is a down payment required?

Bank of Communications has a credit card e-car loan business, but the cities in which it is launched are limited. It depends on which city it is in. If a down payment is required, you can choose the down payment amount, generally the minimum down payment is 20%. For a car priced at RMB 100,000 and repaid in 5 years, with a down payment of RMB 20,000, more than RMB 40,000 will be paid in interest. This calculation can be found in the budget calculator on the official website of the Bank of Communications.

Can I pay a credit card for the down payment of a car?

Of course! However, if you are buying with a loan, it seems that you cannot use credit cards from the same bank.