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Actually, frequently opening up accounts and closing them, rather than having long standing lines of credit actually hurts your credit. How do I know this? Because I play the credit card sign-up bonus game for miles and hotel points to boost my travel/upgrade capabilities. Now, does it have an actual long-standing damage on high score, not really, but when I look at my report the only negative influence is the frequency of credit checks and new accounts. Credit agencies want to see established credit, and you ability to manage the line of credit you have available.
If this is the path you want to go, here is my recommendation (if you have a strong enough credit score):
Apply for a Capital One Quicksilver, Chase Freedom Card, etc. that is a card with a $0 annual fee and offers you a 12-15 month 0% intro APR term. That way you are taking out a credit card, not a short-term loan (that if something goes wrong, the APR skyrockets), from an established banking institution, that will likely also give you $200 bucks cash back for your wheels when you purchase them as a sign-up bonus. Additionally, you'll get 1.5% cash back on the wheels, which is a couple extra bucks. This way you have 12-15 months to pay it back, in the unfortunate event something happens, as well as building your credit with an established banking institution.
I'm not going to sit here and tell you how to live your life, but if you ARE going to do something like you were mentioning, the above path would be the safest, and likely best path to go.
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