FlyerTalk Forums - View Single Post - Do car dealers allow use of credit card ?
Old Jan 31, 2003, 11:20 pm
  #19  
bellwilliam
 
Join Date: May 2001
Posts: 406
I don't believe in charge the whole amount onto the car. someone would have to pay for the 2-2.5% charges dealer is paying, that would be YOU.

I believe most dealer would take a deposit of up to approximately $3000, that is for in case your checks bounced, or finacing fell through. last time (3 days ago) I bought a car, I did not have my regular check book with me, so my wife wrote the dealer a check from an account with insufficient fund, we had to transfer money the next day. so dealer basically took my check based on my credit score. the $3000 I put on the credit is some kind of insurance I guess.
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