Buying a used car from a private owner with a credit card

Hi,

I'm planning to buy a used car from a private owner and the cheapest cash available to me is an interest free credit card. I'm assuming that the current owner will not be able to accept credit card as a form of payment, is it possible to do pay the owner by means of a balance transfer (and therefore get a 0% balance transfer credit card to do this)?

Thanks.

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    http://www.moneysavingexpert.com/cards/stooze-cash-credit-cards (see the section on MBNA/Virgin).

    See also the quick and easy fast-stoozing guide here...

    http://www.stoozing.com/g_quickstooz.html
  • NickX
    NickX Posts: 3,046 Forumite
    Which card are you hoping to use to make this purchase? Certain cards such as Egg and MBNA (including Virgin, Alliance & Leicester, Sony etc) allow you transfer funds directly to your bank account from where you could pay the seller.

    Alternative if you have Egg Money you can route the Balance Transfer through this to your bank account.

    Alternatively, if you have any Credit Card cheques the seller MAY accept these as payment.

    Good Luck.
  • TFD_2
    TFD_2 Posts: 907 Forumite
    NickX wrote: »

    Alternatively, if you have any Credit Card cheques the seller MAY accept these as payment.

    Good Luck.

    Or if the seller is funny accepting a cheque - as many are due to forgeries, then cash it yourself and pay with that.
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