Can you use a credit card for a down payment on an auto in AZ?
I was told by a car dealership in Tucson Arizona that only cash or checks can be used to put a down payment on a new vehicle (financed through GMAC). The dealer said it was against the law to use a credit card. Is this true? If so, why?
No that is not true. In the United States merchants can not have a Minimum or a Maximum purchase requirement if they take MasterCard and/or Visa. Just make sure the merchants does not run the card as a cash advance transactions.
