Thread: buying a car on a credit card

Originally Posted by Floppster

I had the pleasure of meeting someone who wanted to pay his 996 GT2 with a Cent and they pretty much told him that he needs to call his bank to wire the money or he has to walk home !

Which dealership pulled that stunt? I would imagine in metropolitan areas such as Los Angeles and Miami using a Centurion to buy a car would be the norm.

I happen to have noticed the average car lending rates this evening while reading an article.

The average 60-month new car loan is 7.10%, according to HSH Associates, Financial Publishers — and the average rate on a 60-month used car loan is 7.54%.

With numbers that high I can understand why some would rather finance their purchase with plastic.

fresh have you seen the latest numbers on auto sales in the US that were posted this week? No one can buy any car whether loan or credit card. We all are brooooke and poooor.

Let's get some jobs going so we can afford to buy cars and pay in cash.