I agree with you in principle.. but with the interest rates today you could lock in at 1.9% on the note and put the cash into a safe investment and yield a 5% return!

Best,

Mike

x2. I have no problems financing a car at low rates, while making my money work for me. I do this on all my cars.

that's almost exactly how and the amt. i paid for my new '11 cr-z ($26k)...

Used my Visa to buy mine!

:icon17:

Not that I doubt you but my friend tried to buy his 13 Elantra and was told no. Did you have to speak to Visa beforehand or anything?

My old job would charge 3% on anything over $2000 since all credit card charges come with a 3% fee to the dealer. Any points you'd get would be pointless if paying $750-1350 extra on a car.

09 PW Nismo 39k miles

MP: 446
MD: 0
PP: 29,000
LOC. Houston

Don't all credit cards charge a fee? Or did I miss something along the way? :ugh2:

Yes, but it's dependent on the business if they pass it along. I charged $10,000 last year for a payment on the venue for my wedding because I wanted the reward points. No charges.

Yes they do, but many places that do not typically accept CC or see little to no CC transactions will usually remove the cost and then charge the customer per transaction.
My university does this, tuition is X price but if you pay by CC they add an additional 3% to cover any CC fees.

i usually charge as much as i can on my credit card so that i get the credit card points. :D

some dealers have a limit, some do not. most have been $6K over the years. then i just write out a check for the rest.

Don't know if they charged or not, nothing ever said to me. When I sat down to make the dealer I was asked how I would be paying. Handed them the card, they ran it, bank called me, DEAL DONE! Charge came through at the agreed price.

450. :driving:

No they do to the store/dealer, but my dealer would charge the customer if the amount went over $2000. They can't be expected to not charge you and swallow a several hundred dollar bill specially if they sold a car at invoice or something.