Purchasing a car but company won’t let me pay by credit card. Is there anything I can

Loopy_L

Hi

I am new and have never used this forum before, so be kind!! I have a M&S 0% credit card and wanted to use this to pay for part of the cost of the car but the company won’t accept payments by credit card (presumably so they can try and flog their costly finance). Is there anything I can do to pay using the available credit on this card? Can I ask M&S for a cheque and cash this then use the funds to pay for the car or would I then be charged cash advance interest rates?

[Deleted User]

tbh if they wont let you pay in the way you want i`d walk away,lots of dealers do accept cc`s,but they do charge 2% fee,cash from a cc will usually attract quite a high rate of interest

jonesMUFCforever

Tell the garage you will go elsewhere?
This might just change their minds..

I take it they are refusing to take it rather than unable to take it - ie they physically can take cards but won't in this instance.

Loopy_L

Hi

They can take credit cards because I can pay a refundable bond by credit card and it will be refunded to the credit card. Will probably wait til it's nearly ready to collect then tell them I will go elsewhere if they won't accept. I won't be forced into their finance. If they won't take it they will need to wait for the sale until I arrange another loan.

Thanks

Saints2011

YorkshireBoy wrote: »

1. Get an M&S credit card
2. Buy Sterling TCs with the M&S card from an M&S bureau de change (online/phone/in-store)
3. Take the TCs to your bank and pay them in
4. Wait for them to clear
5. Grab the cash!

It really is that simple, but with one caveat...make sure your bank will accept them before buying them.

As above, thats a way.

chanz4

have you not signed for the car? if you have it wont be cancelable and you will get charged

Loopy_L

Hi

I have signed for the car but it's being transferred from another branch & subject to a test drive. So would loose the £100 transfer fee. I'm not really looking to back out of the deal just trying to figure out how to pay as little interest/fees as possible.

Will check with my bank to see if they will accept the traveller cheques if that works it would be great. Thanks saints2011

Saints2011

Loopy_L wrote: »

Hi

I have signed for the car but it's being transferred from another branch & subject to a test drive. So would loose the £100 transfer fee. I'm not really looking to back out of the deal just trying to figure out how to pay as little interest/fees as possible.

Will check with my bank to see if they will accept the traveller cheques if that works it would be great. Thanks saints2011

Good luck.

No problem although we owe the thanks to Yorkshire Boy :-)

What bank, probably know it they do?