Buying a car with AMEX UK
May 26, 2019, 6:19 am
#31
Join Date: Sep 2012
Location: NW London and NW Sydney
Programs: BA Diamond, Hilton Bronze, A3 Diamond, IHG *G
Posts: 6,343
If they are willing to take Amex for a payment of Ł10,000, it simply means they are actually happy to make the sale for Ł9,800 or thereabouts, i.e. someone paying by bank transfer should be able to haggle the price down a bit, or get some extra freebies.
May 26, 2019, 11:50 am
#32
FlyerTalk Evangelist
Join Date: Nov 2004
Location: Denmark
Programs: TK Elite
Posts: 11,780
Indeed, if the vendor is prepared to accept payment with AMEX I would counter offer that with cash payment less 5% (and after haggling maybe accept down to 3% discount). So the real question is here if YOU are prepared to pay add. 2-3% for paying with AMEX?
May 26, 2019, 12:48 pm
#33
Join Date: Aug 2004
Location: UK
Programs: LH lifetime Sen; HH lifetime diamond; flying blue silver
Posts: 285
The fee the merchant pays to Amex is 0.3% for a European-issued personal card, so 2-3% is far too much.
May 26, 2019, 10:29 pm
#34
Moderator: Alaska Mileage Plan
Join Date: Feb 2005
Posts: 12,307
I was told, without confirmation, that there might be issues with the return policy, warranty and purchase protections if more than 50% of vehicle's purchase price is paid with a credit card.
In the US, I have been successful using a credit card to fund a large "deposit" towards the purchase price.
In the US, I have been successful using a credit card to fund a large "deposit" towards the purchase price.
Jun 21, 2019, 9:50 am
#36
Suspended
Join Date: Jun 2019
Location: Paris & Scotland (Laird), "Suite on the World"
Programs: Hertz platinum, Bonvoy titanium , Delta flying colonel/platinum/MM, retired old men board member
Posts: 592
I bought 2 volvos for the pickup in Sweden. The charge goes to Volvo and not the dealership. Dealer didn't care and let me put total on card