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Can you buy a car with a credit card?

Can you buy a car with a credit card?

Can you buy a car with a credit card?

Simple answer, yes. However, is it your best option?

Can you buy a car with a credit card?

Before buying a car on a credit card, you first have to find out if your dealership even offers that option. Most of the time, they won't let you charge the entire purchase price of your car -- instead, they'll allow you to put up to $5,000 of the purchase on a credit card. Second, you need to make sure your credit card limit is high enough to cover the amount you want to charge.

So, let's say you still think it's a good idea, are buying a $10,000 car, and have the ability to charge up to $5,000. To cover the rest of your car's purchase price, you'll need to come up with the cash or apply for a loan. If you're buying a cheaper used car, on the other hand, you may be able to charge the entire purchase price.

Like anything else, just because you can do something doesn't mean you should. Here are some instances where paying for a car with a credit card makes sense -- and when it doesn't.

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