By Joy Pearson

Do car dealers accept credit cards?

Do car dealers accept credit cards?
Do car dealers accept credit cards?

10 June 2023
By Joy Pearson
[email protected]


Are you planning to buy a car and wondering whether you can put the purchase on your credit card? Well, the short answer is, it depends. But, fear not! In today's post, we will explore the ins and outs of whether car dealers accept credit cards. 

Let's start with the good news. Yes, some car dealers do accept credit cards for partial or full payment of the vehicle. It's a convenient payment method for buyers who don't want to carry a large sum of cash or deal with bank transfers or personal checks. However, the acceptance of credit cards varies from dealership to dealership, and even within dealerships, different payment card brands may have different acceptance policies. American Express, for example, is less widely accepted than Visa or Mastercard.

The next factor to consider is the limit on credit card transactions. Car dealerships usually have a cap on how much you can charge to your credit card, which can range from a few thousand pounds to tens of thousands of pounds. So, it's always a good idea to check with the dealer beforehand to make sure your credit card has enough available credit for the amount you want to charge.

Another thing to keep in mind is the additional fees associated with using a credit card. Car dealerships are charged a percentage of the transaction amount by the credit card companies as processing fees. In some cases, the dealership may pass on this cost to the buyer as a surcharge. So, while using a credit card may be convenient, it could end up costing you more in the long run.

Lastly, it's important to note that car dealerships may also require additional documentation when you use a credit card. This can include a photo ID, a copy of the credit card, and a signed authorization form. The dealership may also want to verify the credit card's billing address and contact the card issuer to confirm the transaction.

In conclusion, while car dealerships do accept credit cards, it's not a straightforward process. It's always best to check with the dealership beforehand to see if they accept credit card payments, what the transaction limit is, and if there are any additional fees or documentation required. Remember, buying a car is a significant investment, and it's essential to understand all the payment options available to make an informed decision. Happy car shopping!