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re: Can I buy a car with a credit card?
Posted on 11/2/16 at 7:16 pm to VABuckeye
Posted on 11/2/16 at 7:16 pm to VABuckeye
Not going to do financing then payoff, since I'll most likely be spending more than the 19.5k. I woulf assume id be locked into a higher note, although a quicker payoff. Guess I'm not really "buying a car", just putting a lot down with the credit card. I'll be financing a good bit too I'm sure. I'll just pay cash if they don't allow it, but I'm going to attempt it at the very least.
Posted on 11/2/16 at 7:25 pm to KG6
If you finance the whole thing and then do a prepayment of $19.5k on the loan you are eliminating the interest on the money you prepay. Verify t as not every lender is the same but with good credit this should be the case.
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