DaveB

Seems that I remember someone on this forum had charged a TT on their credit card. I have just come back from my Audi dealership where 2 months ago I was told they would take a credit card for payment....now they won't. Damn, I wanted those points. So now I need to call other dealers and find out if any others will take a card. Is this standard practice or is it the fact that they don't want to pay 3% to the card company and with the TT they feel they don't need to reduce the profit margin by even that. I was just this () close to putting down a deposit....urrrrr

John TT

Profit margins on cars are so, so thin (aside from the TT where MSRP is the rule). A good dealer basically breaks even on new car sales (margins above invoice covers sales costs and overhead). They make the majority of their money on service.

Steve S.

Selling the whole car on a credit card is more out of the ordinary...usually tried by an occasional dentist. :-) Depending on rate...they could be paying the credit card company from 2.25% to as high as 3.5% on Visa/MC/Discover....AMEX is something entirely different. I actually don't blame them for rejecting a whole car purchase on credit card.

Steve S.
Somebody that works in the financial sector

FT

2,500 Max. Not including initial 1,000 deposit.My experience. (nt)

Wipeout

Now you have the best of both worlds. I did this for my wife's engagement ring when the jewler wouldn't take a card.

Denny

a percentage transaction fee on cash advances. Also, some cards will apply a higher interest rate on advances than they do on purchases. Check your credit card information carefully if you take this route. The transaction fee might be greater than just buying a plane ticket.

I leased, and my dealer took my debit card (point for each dollar spent) for my deposit and for all money due at signing. I do know friends who have bought a car on a credit card to get the mileage, but they had prior agreement from the dealership. Plus, it was a used car and not a new care if that makes any difference.

Gary C (UK)

tried putting my TT on my Amex here in the Uk (price here is about US$50k)and the Audi dealer wanted to charge me an extra 4% to cover his costs !! In teh Uk this is unfortunately legal, and it seems that anything over £1000 is affected like this..

Wes

What do you guys think about put the down payment on credit? I am frantically trying to sell my old car (95' Eagle Talon) before my TTQ comes in. I was hoping to use that money to slide into a TT - financing the rest. But it's getting close to my delivery date, and I have not found a buyer yet.

Lee

I get 'curtesy checks' from my credit card companies that I can use as a personal check anywhere, but gets charged to my CC account. I'm thinking of using one for the down payment on my condo next week (needed a garage for a new Audi in the spring!). I don't think the recipient pays any fee to the company. Give it a shot...

Lee