I.e. credit or debit card?
And do traders offer any kind of discounts if you pay in cash?
And what are the trader/dealerships preferred method of payment and why?
Thanks!
If paying for a car at a dealership in the UK, are you charged extra if you pay with a card?payday loan
A trader can charge you more for buying goods with a credit card than if you pay by cash or cheque. To be legal, a trader who does this must display a notice in the shop saying this, and the price differences.
In practice they get around it by offering a discount for cash instead.
They normally prefer you to sign up to their own partners credit agreement as they receive a cut (and will try to slip in expensive unwanted extras like payment protection).
If paying for a car at a dealership in the UK, are you charged extra if you pay with a card?
loan
Show me somewhere where u dont. %26amp; yessome do offer discount for cash, just ask|||you have to pay tax on the car,and on the card..if you have cash it%26#039;s much better to pay that way...and you should be able to have the price on the car loward|||Yep, they call it an administration charge!
lol
Most dealers want you to get it on finance, because they get a cut from the loan company when you sign up.
But cash is OK for most, it is easier to fiddle the books!
锟?0,000 cost to you, they pay the VAT on the sale of a 锟?,000 car.
And they pocket the rest, so expect a cut of a couple of hundred for cash!|||Depends on the dealership, no rules saying you have to however most banks charge the dealer who passes the fees onto yourself.|||Yes, the Dealer will add the 2 to 3% Merchant fee. Also, buying by Credit Card gives you additional rights through your credit card company if the car is %26quot;faulty%26quot;.
%26quot;Cash%26quot; is bulky, unsecure, and requires checking for forgeries. So %26quot;No Discount%26quot; for cash.
Banker%26#039;s Draft, Cheque, or Bank Transfer (UK only) are the usual methods. With the deposit by credit card.
Dealers prefer you use their in-house finance!|||YES................
WHO DO YOU THINK IS GOING TO SUCK UP THE 2 TO 3 PERCENT LOST.
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