Can you buy a car with credit?

Any auto dealer that would let you buy a whole car with credit is likely to charge it, too. Convenience fees are typically 2% to 4% of the amount charged. That's enough to cover the transaction fee — and enough to offset the value of any rewards you would earn from the purchase.

Do you need a credit card to buy a car?

You don’t need to have a credit card to buy a car. However, you will need to have a good credit history for better interest rates if you finance the purchase. Just because a dealer will let you use your credit card toward a vehicle purchase doesn’t mean you should. There may be situations when it makes good sense or is your only option.

How much does it cost to buy a car with a credit card?

On large purchases, processing fees can add up quickly. For example, if you want to buy a $30,000 car with a credit card, and the dealership must pay a processing fee of 3%, it’d have to pay $900 on that one transaction.