d edition and said, "I'll
> have one of those".
The salesman asked him to come inside to fill in the finance forms and
he just handed him his credit card and said "Just put it on this".
The salesman looked a bit shocked when he went in but was smiling when
he came out and said that the car would be ready on Wednesday.
I don't think you're allowed to do that over here. Or, at least, not
with a true credit card - I don't know if you can charge a car to American
Express, but I doubt it. Not because of credit limits - the credit line on
my Visa is high enough to buy a Porsche 911, never mind a Honda or Mazda -
but there's some other reaon that prevents most car dealerships from
taking credit for anything except a place-holder deposit.
The dealer does not want to pay the the interchange fee to
Visa/MC/Amex/Discover, which can be as high as 6% of the price if the
transaction is considered risky. That fee would come right out of the
dealer's profit.
Some will take a credit card if they want the sale badly enough and
they are making enough money on it.
--
Steve
[EMAIL PROTECTED]
