Is it possible to use a credit card to pay the down payment on a car, and are there any reasons not to do so?
Note: I'm not asking whether I should rack up CC debt. That'd be dumb. I'll pay it off immediately.
To me, to use the CC would have two benefits... First, it would get me miles since it's a points card. Can't hate that. Second, it would allow me to not have to make semi-liquid funds liquid until I know exactly how much I'll put down and exactly when I'll buy. Primarily that second part, because if I'm waiting for the right model/feature/mileage/price to appear on the used market, and it shows up, I'd want to jump on it ASAP.
Just want to make sure it's not considered a bad idea.