Car Dealers & Credit Card Surcharges

playaz

Could someone clarify if buying a car from a car dealer has a standard credit card 'surcharge' - I have spoken to one company who state they "normally have a 1.5% credit card charge"

Is this standard throughout the UK?

I am just trying to keep my costs down as much as possible

oldagetraveller

I've had dealings with five over the past few years and without exception they all added a surcharge for credit card payments. I think two of them allowed a deposit payment by credit card but not any part of the balance.

Foxy-Stoat_3

If your trying to keep costs down then buying a car on a credit card isn't the way forward, unless you are planing on transferring the balance on a 0% interest deal.

A surcharge is the norm though as dealers will be charged for the payment.

colino

Actually, if they are going to pass on the charge to the customer, 1.5% is a bit of a bargain for most vendor accounts.

aminchom

Bought a new car today, paid the deposit (£1000) by credit card. The dealer said they normally charge 2%, but waived it when I asked (never hurts to try).

PS Credit card fully paid off already - no interest charges, but I believe consumer credit protection applies (is this right?)

harveybobbles

We ask for £100 deposit. If the customer pays this by CC then we wont charge them.

If they pay anything over £500 then we will charge them 2%.

playaz

I should probably state I am looking to buy on a credit card purely to take advantage of spreading the cost over a longer period as the card has 15 months 0% interest on new purchases.

Foxy-Stoat wrote: »

If your trying to keep costs down then buying a car on a credit card isn't the way forward, unless you are planing on transferring the balance on a 0% interest deal.

A surcharge is the norm though as dealers will be charged for the payment.