Buying a car getting miles (merged threads)
Mar 13, 2008 | 6:37 am
#136
Join Date: Jun 2004
Programs: aa co
Posts: 209
I stand corrected. 
My experience has been with VISA. I confirmed today that their merchant agreement specifically prohibits limiting how much you can put on the card. I just assumed the same applied to AMEX and MC. That's what you get for jumping to conclusions.
My experience has been with VISA. I confirmed today that their merchant agreement specifically prohibits limiting how much you can put on the card. I just assumed the same applied to AMEX and MC. That's what you get for jumping to conclusions.
Mar 13, 2008 | 3:21 pm
#137
Join Date: Feb 2008
Location: The Right Creek, AZ
Programs: UA Silver, AA Lifetime Gold, Marriott Lifetime Platinum
Posts: 593
So, I got 5k on the card for it... Eh. But at least I have no car payment. Priceless!
Mar 13, 2008 | 11:42 pm
#138
FlyerTalk Evangelist
Join Date: Sep 2003
Location: HH Diamond, Marriott, IHG, Hyatt something
Posts: 34,456
You need to buy an authentic Jump to Conclusion mat, then!
Mar 16, 2008 | 3:54 pm
#139
Join Date: Mar 2006
Location: LAX
Programs: BA Gold, A3*G
Posts: 1,123
So I have a quote from a dealer for 34,475.
He offered me a deal if I wanted to put it all on AMEX for 36,975 claiming that we would split the 3% AMEX charges.
Yeah right, I take the 7.3% and you get an additional 4.3%.
If we split it I would end up just shy of 35K which is OK for me. If I go for a 5% Cash back card with 0% APR for 12 or more months I am netting almost a 4,000 discount given I can keep my money in a 6% savings account.
I cannot seem to find any point rewards cards that do this. There are ThankYou cards but they only have 6 months of intro APR.
The Citi Platinum Amex doesn't have intro APR for purchases.
I could alternatively go for a BT over to Chase after using the Citi Platinum Amex.
He offered me a deal if I wanted to put it all on AMEX for 36,975 claiming that we would split the 3% AMEX charges.
Yeah right, I take the 7.3% and you get an additional 4.3%.
If we split it I would end up just shy of 35K which is OK for me. If I go for a 5% Cash back card with 0% APR for 12 or more months I am netting almost a 4,000 discount given I can keep my money in a 6% savings account.
I cannot seem to find any point rewards cards that do this. There are ThankYou cards but they only have 6 months of intro APR.
The Citi Platinum Amex doesn't have intro APR for purchases.
I could alternatively go for a BT over to Chase after using the Citi Platinum Amex.
Mar 29, 2008 | 10:48 am
#140
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Join Date: Oct 2007
Location: Cleveland, OH
Programs: UA Priemier Gold
Posts: 69,938
Buying a car getting miles (merged threads)
So I'm close to being in the market for a new auto. When I bought my last car I was new to the whole concept of miles but I do remember wanting to put it on my credit card but the dealership wouldn't allow it.
That was pre-FT for me.
So I now I figure, why not get 40k + miles out of buying my new ride.
Are there places/dealerships/ online retailers that will allow putting the entire purchase price on a miles visa/MC/Amex?
Any thoughts welcomed.
That was pre-FT for me.
So I now I figure, why not get 40k + miles out of buying my new ride.
Are there places/dealerships/ online retailers that will allow putting the entire purchase price on a miles visa/MC/Amex?
Any thoughts welcomed.
Mar 29, 2008 | 11:41 am
#141
Join Date: Mar 2000
Programs: Hy-Vee Fuel Saver
Posts: 404
You can find a lot of useful info at http://www.flyertalk.com/forum/showthread.php?t=728098 a long thread that was started last August and has several posts from March 08. There are also older Miles Buzz threads.
Mar 29, 2008 | 1:44 pm
#143
Join Date: Sep 2000
Location: MCO
Programs: Marriott Lifetime Platinum, AA Platinum
Posts: 1,102
I have the same experience as JerryFF - I was only allowed to put $3000 on my card. But I did it during a time when my SPG Amex gave me double points for transactions over $500. Now, I am never targetted for such offers ... 
Mar 29, 2008 | 1:59 pm
#144
Join Date: May 2002
Location: SNA
Programs: STARS/LUMINOUS, PRIVE, FSPP, STARS, MO FAN Club, PEN Club, Bellini Club
Posts: 2,612
I was given the offer of $10,000 on the credit card or $300 towards accessories. Since I did not need accessories, I put 10K on the card.
Mar 29, 2008 | 2:11 pm
#145
Join Date: Sep 2007
Posts: 283
Any dealership accepting credit cards cannot put a limit on the amount you want to charge. It is in their merchant agreement. They can however negotiate a price that is higher if you used other forms of payment. Talk with your dealer and make a deal.
Mar 29, 2008 | 4:52 pm
#146
Join Date: Feb 2008
Location: ATL
Programs: Delta Platinum, SPG Platinum, Marriott Platinum, Hilton Gold, Avis First
Posts: 150
I was put in a $3000 limit as mentioned before. They told me there is some kind of rule in place because people can drive around the car, and once damaged, make a fuss about it through credit card protection plans.
Mar 29, 2008 | 5:47 pm
#147
Join Date: Sep 2007
Posts: 283
Hear it from the source: call your CC, then call a dealer-friend or someone that knows a dealer.
Mar 30, 2008 | 6:16 pm
#149
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Thanks for the replies and the links.
Now I wish I could re-title my post.
What I was hoping for was information on /specific/ dealerships or sales places where credit card sales were welcomed.
Judging by the contentious nature of some of the stories about CC use for card purchasing, perhaps this might not exist.
So...if I were looking to buy a new Tahoe hybrid, anyone got a specific dealer I might contact to use my CC without having to resort to quoting the contract language?
Now I wish I could re-title my post.
What I was hoping for was information on /specific/ dealerships or sales places where credit card sales were welcomed.
Judging by the contentious nature of some of the stories about CC use for card purchasing, perhaps this might not exist.
So...if I were looking to buy a new Tahoe hybrid, anyone got a specific dealer I might contact to use my CC without having to resort to quoting the contract language?
Mar 30, 2008 | 8:38 pm
#150
Join Date: Feb 2008
Location: ATL
Programs: Delta Platinum, SPG Platinum, Marriott Platinum, Hilton Gold, Avis First
Posts: 150
I'd suggest calling the dealership ahead of time, and figure out the issue with credit card company before going in. I took care of every single thing I could think of, set the price, color, features of the car, get loan approved by local credit union, called AmEx to make sure my big purchase goes through, then got stuck with a $3000 limit crap at 9PM 2 hours away from home.