Question:
I would like to buy a used car using a credit card.. form one of thoes tote the note places...
Is this possible?
Answers:
What is the site to go to, to look for a car? preferbly used.?
It is possible if your credit card has a high enough limit for the cost of the car. I actually have a master card with a $22,000 limit. But keep in mind that if you do it you may be paying on that card for 20 to 30 years and chances are the car won't last that long.How do salesmen ask for the sale?
Probably, but you are going to pay MUCH more for it.Credit card interest rates are usually much higher than financing a car through a bank.
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I am not an expert. but, I think you can charge up to your limit the credit card co. has set for you. I would not go this route. the interest is going to be rough on you.When did Bi-Plane pilot, and car dealer Charlie Hilliard of Ft Worth, TX die?
I'm not sure if you can do that. I don't see why not, but then you would have a lot to pay off on your credit card. It would be like taking out a loan right, only it would be on a credit card.yes you can if you have enough credit, but why do it with a c.c.?
some credit card companies (financial Intitutions) have a "car financing deparment " which it would probably give a lower interest rate and may not requiere a collateral or a co-signer,
if you are going to buy an used car with a c.c. you may have to pay between 25% to 36% interest if you use another method you can bring down the interest between 8% to 15% depending what financial institution you get (bank, credit union), you will save a lot of money if you make the right decision. good luck !
:-}
Is there a certain amount of time you have to return and new car?
It is possible to purchase a vehicle on a credit card. Most places will cap the amount they will accept on a credit card due to the fees credit companies charge. On average 2% is what most charge. Amex is as high as 3.7%. As long as your vehicle in mind is in the $2-$5k range. Or, if you have any of those nifty checks credit companies periodicly issue use em. They don't require the fees of the actual plastic cards.Is anyone selling a car for no more than 1500 dollars that is in good running condtion??
Everyday people swamp into the dealerships all across the US, looking at new or pre owned vehicles. Getting an auto loan can be challenging, but there are different options depending on your credit score and credit history. Bad credit shouldn't stop anyone from getting a car loan, it may be obtainable to even the worst situations. But, be prepared you may have to provide such things as: proof of residence, most recent pay check stubs, and maybe even references. Bad credit car loans are harder to get than good credit car loans, it just depends on the situation, also a huge factor that plays a role in a car loan is money down. If one puts a good amount of money down toward a car (a couple thousand) is going to increase the your chances of getting approved.The amount of money down that you put towards your new car loan will not only make your application look better but it will also lower the risk for the lender. Bad credit or no credit is a risk for the lenders because of the previous credit history, it affects the way that they look at it. If one is putting no money down and looking to purchase a car even if it's inexpensive, it will be pretty hard to accomplish. This is because of the previous credit history, and the lender doesn't have any collateral. Also with a large amount of money down this will help get the attention of more lenders, getting you competitive rates, and a better chance to get approved for your new car.
Also take into consideration the vehicles that your are choosing, you must be flexible with the payments, but at the same time you have to make sure it's affordable and fits your budget. If it doesn't meet your budget and you finance the car anyways. You may end up getting it repossessed within a few months or years. Look for vehicles that book out to their value. A book out is the amount that a certain car can get loaned up to. So by choosing a car that doesn't hold its value may not be the right choice, because the bank may not even finance you on that particular car. Read more about it at: http://www.credit-card-gallery.com/artic...
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