The general consensus is that yes, in many cases, you can use a credit card to make a down payment on the vehicle of your dreams, depending on the dealership and how much you want to plunk down ...

Both card rates and card margins have peaked in recent years. In 2022 and 2023, the Fed hiked the federal funds rate by more than five percentage points, leaving it at a peak range of 5.25% to 5.5%.