Buying 2nd hand car with credit card?
Discussion
Do 2nd hand dealers usually allow payment via credit card, and if so is there normally a charge that the customer has to pay?
We are looking for a 2nd hand car between £5k - £8k, whilst we have the funds in Premium Bonds it will take a few days to cash them in and for the money to get paid into my account, so if we see a car in the meantime would a credit card normally be accepted? Once we have the money in the bank we could use debit card or bank transfer.
We are looking for a 2nd hand car between £5k - £8k, whilst we have the funds in Premium Bonds it will take a few days to cash them in and for the money to get paid into my account, so if we see a car in the meantime would a credit card normally be accepted? Once we have the money in the bank we could use debit card or bank transfer.
If possible it is always a good move IMO to purchase using a credit card even if you have the funds. The use of the card gives the purchaser a lot of protection so if things go pear shaped get the credit card company involved and IME they are very good at getting a favorable resolve.
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