Author Topic: How did you make payment for your GTI?  (Read 6832 times)

Offline JellyCat

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Re: How did you make payment for your GTI?
« Reply #30 on: 15 March 2010, 19:59 »
wow they charged you for using credit card? Hmmm didn't have a problem with the last car but it wasn't a VW. Also it's a little odd as do they charge for when you pay for the car's service via CC? Sounds odd to me On the Mk5 I'm looking at  paying for a year 4 service & cambelt change, which was just shy of £700 and nothing been said re a 1.5% fee for using CC from my local dealer. I'll report back in the next couple of weeks when I pick up the car.

Offline JonnyG

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Re: How did you make payment for your GTI?
« Reply #31 on: 15 March 2010, 22:15 »
I think the credit card charge is only when buying a car for large sums (> £500) and not for servicing etc.
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Offline Sam

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Re: How did you make payment for your GTI?
« Reply #32 on: 15 March 2010, 22:31 »
How will sir be paying?

How about a million of these?



Why thankyou sir


The entire world is a Money Pit, you just have to pick yours.

shrocco

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Re: How did you make payment for your GTI?
« Reply #33 on: 15 March 2010, 22:36 »
Cash after a long drawn out saga
:undecided:
Do you meen you paid cash?  :undecided: If so the dealer should not have excepted it due to money laundering laws the max they are suppose to accept in cash iirc is 7K

Correct - Nearly. The maximum anyone can take in cash is £9k due to money laundering regulations. Assuming you had a p/x though it could be feasible the changeover value was less than that.

I think the credit card charge is only when buying a car for large sums (> £500) and not for servicing etc.

Credit card charges take place every time you use your card. It's only on large transactions that the charge is transferred onto yourself as the dealership would potentially stand to lose a lot of money through charges.

Offline ub7rm

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Re: How did you make payment for your GTI?
« Reply #34 on: 16 March 2010, 10:21 »
Cash after a long drawn out saga
:undecided:
Do you meen you paid cash?  :undecided: If so the dealer should not have excepted it due to money laundering laws the max they are suppose to accept in cash iirc is 7K

Correct - Nearly. The maximum anyone can take in cash is £9k due to money laundering regulations. Assuming you had a p/x though it could be feasible the changeover value was less than that.

I think the credit card charge is only when buying a car for large sums (> £500) and not for servicing etc.

Credit card charges take place every time you use your card. It's only on large transactions that the charge is transferred onto yourself as the dealership would potentially stand to lose a lot of money through charges.

Indeed, CC payments cost the retailer something like 2.5 per transaction, though its variable depending how busy the retailer is.  Your supermarket has already factored it into the shelf price which is why you don't notice it, or many other retail stores.  The service side of the dealers will have factored it into their prices as well but the car sales won't as it will obviously add a hefty premium to any car they sell.

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