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re: Using a Credit Card as down payment on car

Posted on 7/18/14 at 3:39 pm to
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 7/18/14 at 3:39 pm to
quote:

Then its a no-brainer as long as there are no additional fees levied by the dealer for doing so.


when i bought my car, the dealer told me it would be a $350 processing fee for a credit card. So I wrote a check.
Posted by LSU999
Member since Nov 2012
9120 posts
Posted on 7/18/14 at 3:41 pm to
Really?

That might would make me tell them to shove the car up their arse.

Depending on the deal of course.
Posted by Teddy Ruxpin
Member since Oct 2006
39628 posts
Posted on 7/18/14 at 3:47 pm to
quote:

when i bought my car, the dealer told me it would be a $350 processing fee for a credit card. So I wrote a check.



That sucks.

For $10,000, if it was under ~$200 I'd still do it for the value of the points I'd get from Chase, Starpoints, or Barclays. Over that it would be a push/loss.
This post was edited on 7/18/14 at 3:55 pm
Posted by ItNeverRains
37069
Member since Oct 2007
25731 posts
Posted on 7/18/14 at 4:10 pm to
quote:

when i bought my car, the dealer told me it would be a $350 processing fee for a credit card. So I wrote a check.


If you had stood up and walked out, I bet they would have run after you to waive it
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27895 posts
Posted on 7/18/14 at 5:01 pm to
hell yeah I did it, 5,000 down at 2x points with capital one venture card

paid it off a week later once it hit my account

dealer had no issues and if they tried to charge me id tell them to F off
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