Miles for Auto Purchase?
 

Do any airlines still have a program for buying cars outright (ie no loan)? I recall there used to be several but haven't been able to spot one recently.

Thanks,

Andrew

Checkout www.dealermiles.com

ohh sweet, my local dealer is listed for service.. hadnt heard of that before.

Porsche Financial Services GmbH. 60,000 Lufthansa miles for leasing a Porsche Cayenne in Germany. (Hey, those miles get you there...)

http://www.miles-and-more.com/mam/de...684831,00.html

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Free Frequent Flyer Miles

From personal experience, don't be swayed by the temptation of mileage. We had a verbal agreement on the phone for a specific # of miles from Fisher Honda in Boulder, for the purchase of a specific car at this dealership. When all was said and done the dealer renigged on his agreement for mileage. We walked and by the way bought the same car with a $250 upgrade for the same negotiated price at another dealer, the same night. Amazing the first dealer would lose a sale over 3500 miles when obviously with the second dealer there was room in the price to throw in the upgrade. I think the dealer miles program may be a bit like the idine program where some of the participants are scraping for customers for a reason.

Best bet is to negotiate the price of the car and when you go to pay for it, ask to pay as much as possible on your credit card.

The dealer we bought our last car from allowed us to charge $3,000 on our mileage card.

I was able to talk them to put $5,000.00 on a card, even though we were paying cash for the car. I would have liked to do the full $20,000.00. The reason they would not let us do more is because more is because too many people would go bankrupt after putting them on credit cards....meaning the dealers would lose their money.

like many previous posts:

if the dealer is letting you charge over $5,000 (or may be 20% of the car), you paid too HIGH for the car.

Car dealers and credit institutions are FOS. The reason the dealer won't let you put the whole car on your card is usually because they don’t want to lose the 2%-5% (less for debit cards) credit services fee. Every time you pay for something with a credit (and even debit) card, the seller is losing money to their merchant services company, money that helps pay for the credit services infrastructure along with award points and so on. It only SEEMS like all products cost the same regardless of how you pay for them, but in reality you pay more to a seller when you pay with cash or check because they get to keep more of your money.

VISA et. al. forbid sellers to charge different prices to customers who charge their purchases, and so the dealer is generally unable to do anything but refuse to take the full payment by credit. Most other retailers have long since factored the ~3% credit services charge into most products they sell, but for some reason this never seemed to happen with car dealers.

Maybe just get a loan and then pay off the loan with a credit card? Buy $30,000 (max per year) worth of gov. bonds and then sell them and use that cash to buy the car? There must be dozens of ways to get around this issue.

Thats not nesessarily true, the reason why I know this is because I sell cars. Buying with a credit card has nothening to do with the price of the car. Especially if its already negotaited and you then pop the question of putting it on you credit card.

Thats not nesessarily true, the reason why I know this is because I sell cars. Buying with a credit card has nothening to do with the price of the car. Especially if its already negotaited and you then pop the question of putting it on you credit card.

The key is negotiating the price prior to talking about a credit card. We negotiated an acceptable price first and then when we were talking to the "credit" manager we told him we would like the charge the maximum we could and then write a check for the balance.

Again, the key is negotiating the price first.