We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
car purchase
Hi all. First timer !
I have a quirey about the best way to purchase a car. I thought I heard Martin tell Jeremy last year that the best way to purchase a new car was on a credit card. You dont find that many people with £30k + on there card ,so does he mean buy the car on several cards or a loan and transfer the dept onto 1 card with 0% for a set time / low interest for time taken to payoff ?Will credit card companies transfer payment , lets say from Audi or Fords finance companies ? If the car is then sold in 18mths , just pay off the card- ya.? Thanks.
I have a quirey about the best way to purchase a car. I thought I heard Martin tell Jeremy last year that the best way to purchase a new car was on a credit card. You dont find that many people with £30k + on there card ,so does he mean buy the car on several cards or a loan and transfer the dept onto 1 card with 0% for a set time / low interest for time taken to payoff ?Will credit card companies transfer payment , lets say from Audi or Fords finance companies ? If the car is then sold in 18mths , just pay off the card- ya.? Thanks.
0
Comments
-
hi,
ive moved this from the house buying section to the motoring section so hopefully you get more response.
(maybe the credit card section may hace helped :S )0 -
Some car companies will charge you a fee for paying by credit card. Which you need to consider.
You probably want to look for a credit card such as egg which allows superbalance transfers (transferring the money directly to you current account)0 -
We bought Mrs v her new car on plastic. £18k.
Our ThomasCook MBNA card gave 1.5% in points value.
The dealer WON'T apply an additional charge for this payment method, if he REALLY needs the sale.
Introduce your wanting to use plastic, AFTER all other parts of the deal are negotiated!!
VB0 -
Sorry to barge in but does anyone know of a site which lists which manufacturers are discontinuing which models of cars this year as I understand this is a surefire way to bag a bargain ?0
-
http://www.honestjohn.co.uk has 'This weeks Best Deals'
http://www.whatcar.com has 'Target prices'
The BEST way is do your homework, then pester your loacl dealer - let him know you want to buy!!
VB0 -
We also just bought a car on credit card. I used my debit card first (to avoid a surcharge of 2.5% scandalous) and the temporary overdraft cost me less than £30. I then transferred to the Texaco Card at 3.9% for the lifetime of the balance. The Texaco card is in the drawer and won't be used and we've got a decent deal altogether0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards