What forms of payments do dealerships accept, besides cash when making a downpayment on a new car?
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ANSWERS: 6
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If you are shopping at a major dealer, such as Chevrolet, Ford, Dodge, etc, you will find they are not very flexible. Sometimes they will accept your old car as downpayment, but nothing older than 5 years, and it has to be in perfect condition. For a brand-new car, you could try to get the salesperson to be creative, but I think if you have something of value you could exchange for a downpayment, you would have to sell it first, to get the cash instead.
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credit or debit cards, or a bankers draft, or even a check but they will want to clear it first
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Bank transfer or debit card are the best. They don't like the charges incurred for processing credit card transactions. Bankers draft really need to be verified so are also a pain for them to take. Cash is Ok but in the UK they can only accept cash up to £5,000. Hope this helps.
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MONEY ORDERS
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Checks, Credit Cards, whatever
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A Credit Card.
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