Or, maybe I am planning to put half down in cash, and put the other half on a credit card that I have with over $30,000 of capacity, and a temporary APR of 0% until May of 2008. Of course, there is also the cash back.

 

Great answer. I would love to discover that you are wrong about the limit, but most of the other posters on this thread seem to be in agreement with you. Thanks for your input.

 

My dealer was stingey with credit card payment for the car purchase...I could only put $1500 on the Amex. When I bought my wife Acura a couple years back I was able to charge $3000.

 

Actually I think putting the car on the card is the best thing to do. Earn reward miles, cash back, and etc. To be honest if I can put $35k on my CC the dealership better be bending over backwards to get my business.

I want to leverage my purchases and buying a car and getting that many miles get me close to a free rewards ticket.

I was able to get two first class tickets on Delta to Jamaica for my honeymoon using rewards miles.......

 

That wouldn't be smart if the dealer allowed someone to charge their credit card for the entire purchase price of a car since the dealer will be charged about 1.65% from the credit card machine company. And, for such a large purchase, that's quite a bit of money.

 

The dealership I went to (Frontier Infiniti in Santa Clara) only allows customers to pay up to $3000 on credit card.

 

on average I have heard dealers would go up to 5K.

 

I put $1000 deposit on my card, then put another $4000 on it when I did the paperwork and picked it up. I get 1% cash back on my card. $50 ain't too shabby, plus more time for my money in my savings account to accrue interest. Yeehaaaww!

 

A credit card to buy a car? That has never crossed my mind. Are you guys actually using the card just as a way to get points/rewards or are you using the card as a way to pay for the car and then make payments on the card?

 

I hadn't gotten the check for my IS300 yet but I knew I was going to get it in a couple of days, so I put 14K on my credit card. The dealer's limit was 2k, and we did the math and the difference between the fees from 2k to 14k was right around $400, so I offered to swallow it myself.

I can completely understand why they wouldn't want more than $X on credit. The fees can be pretty killer

I made up for it by upping the price of my IS300 $500 bucks

 

The dealer should have worked with you to wait the couple of days to get your check.

$500 is too steep unless you wanted the car right then for some reason !

Just IMO.

 

It was around $400 and I made a hell of a deal on the car. Well worth the extra money (especially since I could easily recoup it on my IS300 sale ).

It was the last day of the month and I had car down to $2700 below MSRP. Whether or not they really would have pulled the deal the next day (first day of the new month) I don't know, but I was happy enough with the deal, and with the way the dealer offered to do things. Plus, something else they offered to do that actually didn't work out was a nice touch.

But yes, they were willing to work with me on a number of other options, if I did the deal that day. The one that made the most sense for me was to eat the fee difference between their max, and what I needed to do.

 

I was paying in cash for a previous car and thought, "Mmmm, why not get the airline miles." They wouldn't let me do it so I just paid in cash.

 

I was able to put $4000 on my Amex....This helps with the free trip to Hawaii or Cabo I take each year. Thanks to this thread, the light went on the day I went to pick it up.

 

They may tell you to go take a cash advance and bring them a bank check. Or if you have checks with the card use one but check your intrest rate on the card. My cousin works for a crdeit card company and I always hear the stories about intrest rates sky rocketing.