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Old Mar 23, 2008 | 8:09 am
  #11  
tev9999
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Originally Posted by philemer
What card are you using to buy a car and what is the name of the dealership? I'm sure they stuck you for the 2% to 3% fee (built into the price of the car) they pay the bank. The dealers in my area only let you pay part ($3000-$4000) with a cc.
Unfortunately I did not put it directly on a credit card. I already had cash in the bank from 0% balance transfers. I financed the full amount, paid $20K off as soon as the first statement appeared and will pay the remaining $9.5K over the next couple months. Dealer told me the loan had to stay open for three months. Not sure if that is true - probably just so he gets his kickback from GMAC. Not a big deal to leave a small balance for the remaining time. The extra $1000 rebate for finance through GMAC will cost me about $140.
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