How many of you purchase the Z on a 0% credit card and change it every year. I was thinking about this but I think it will be hard to find a CC with a 30k limit becuase im so young. Plus I will be able to pay it off faster.My aunt does this she just has the car on a separate CC by itself.. COMMENTS PLZ

 

If you have a great paying job and even better credit, you can get that kind of credit limit. But I imagine at that point you could just pay cash for the car. Good luck.

Oh, and it'll probably be pretty hard to transfer the balance from card to card every year once you're $30K in debt (or however much you're in debt once you go to switch cards).

 

Well Im going into the airfore im going to put about 10 Down or 15. After basic I will be a e-3

 

It'll probably hammer your credit rating with such a high balance on the cc. There's also risk with a high interest rate activating if you miss a payment by even a day. Make sure you know what the 4 font print says. Most of those 0 interest card issuers are counting on a slip up so they can hammer you with a 18-24% interest rate. I'd personally avoid one. With good credit you should be able to get a low rate anyhow - like 4-5% with little payment impact and you can still pay it off early.

Be careful.

 

I don't think the dealer will let you put the entire purchase price of a car on a credit card. The limit when I got my Max was I believe $2K. I put the extended warranty for my Z on my CC, that was all. After all, if the dealer had to eat the service charges from the CC (3%?) on the purchase price, that'd seriously erode their profit.