Buying a Car Using Amex Platinum

[Anonymous]

Anonymous wrote:DH and I tried to do this last year and the dealership would only allow $2000 or $2500.
Good luck, I hope that you can do it😛

In 2010, I got Don Beyer to let me put 25% on a credit card.

[Anonymous]

Anonymous wrote:

Anonymous wrote:“Each participating Certified Dealer in the American Express Auto Purchasing Program will accept the American Express Card for [a certain limit of their choosing that is] at least $2,000 and up to the full purchase price“

Does this make more sense to you this way?

But that isn't what it says, is it?

Inventing facts to suit your purpose. You must be in politics.

'Up to' isn't defined. A reasonable person can read it as being defined by how much to consumer chooses or how much the dealer chooses. In this market, there is no reason for a dealer to not cap it at 2k. A few years ago when they were desperate to move inventory, they may have allowed it up to purchase price.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“Each participating Certified Dealer in the American Express Auto Purchasing Program will accept the American Express Card for [a certain limit of their choosing that is] at least $2,000 and up to the full purchase price“

Does this make more sense to you this way?

But that isn't what it says, is it?

Inventing facts to suit your purpose. You must be in politics.

'Up to' isn't defined. A reasonable person can read it as being defined by how much to consumer chooses or how much the dealer chooses. In this market, there is no reason for a dealer to not cap it at 2k. A few years ago when they were desperate to move inventory, they may have allowed it up to purchase price.

You conveniently ignore the next sentence, don't you?

"Please note your ability to use your American Express Card to pay all or some of purchase price is subject to the amount of credit available on your American Express Card.""

It does not say "is subject to limits imposed by the dealer."

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:“Each participating Certified Dealer in the American Express Auto Purchasing Program will accept the American Express Card for [a certain limit of their choosing that is] at least $2,000 and up to the full purchase price“

Does this make more sense to you this way?

But that isn't what it says, is it?

Inventing facts to suit your purpose. You must be in politics.

'Up to' isn't defined. A reasonable person can read it as being defined by how much to consumer chooses or how much the dealer chooses. In this market, there is no reason for a dealer to not cap it at 2k. A few years ago when they were desperate to move inventory, they may have allowed it up to purchase price.

You conveniently ignore the next sentence, don't you?

"Please note your ability to use your American Express Card to pay all or some of purchase price is subject to the amount of credit available on your American Express Card.""

It does not say "is subject to limits imposed by the dealer."

NP but that's a second limit, not an explanation of the first limit. Dealers have agreed to accept the AmEx as payment for [$2k-purchase price] on the car. That [amount] is not uniform and will vary by dealership. Also, you cannot put more on your card than your available credit. That is a limitation by AmEx and is how all credit cards work.

I get why you want to be right (free money! slapping down your credit card to buy a car like it's a shirt - that sweet sweet Pretty Woman BigTimer feelin'), but you're not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:DH and I tried to do this last year and the dealership would only allow $2000 or $2500.
Good luck, I hope that you can do it😛

In 2010, I got Don Beyer to let me put 25% on a credit card.

The agreed to let up put the whole car on our card in 2012, with a 3% surcharge. We went with traditional financing.

[Anonymous]

I used to buy cars, pay college tuition, vacations, you name it on the credit card for points. Sellers got wise to this years ago and imposed limits. Sorry!

[Anonymous]

Anonymous wrote:

Anonymous wrote:DH and I tried to do this last year and the dealership would only allow $2000 or $2500.
Good luck, I hope that you can do it😛

In 2010, I got Don Beyer to let me put 25% on a credit card.

In 2010 dealerships were desperate to sell any car to anyone under any circumstances.

[Anonymous]

It was a surprise to me but Honda in Dulles allowed me to charge the full price of a new Odyssey to my credit card. It was about 35k. I thought I would get the standard 3000 or 5000, but they allowed the whole thing with no surcharge. It has never happened since. My CC has a 75k limit…

That said, the OP is a doofus. The language is very clear that the dealers are obligated to charge 2000 to a card, and that any amount above that is up to them. They can accept, or refuse. Double eyeroll on reference to "facts".

[Anonymous]

^^^To clarify, this was 2016. I bought the car with about a 18 percent discount from MSRP, brand new car with less than 20 miles. It was the EX-L model, which is the most popular.

[Anonymous]

We’ve never been able to charge more than $2k for a car purchase. OP, please come back and tell us how it went

[Anonymous]

Anonymous wrote:

Anonymous wrote:“Each participating Certified Dealer in the American Express Auto Purchasing Program will accept the American Express Card for [a certain limit of their choosing that is] at least $2,000 and up to the full purchase price“

Does this make more sense to you this way?

But that isn't what it says, is it?

Inventing facts to suit your purpose. You must be in politics.

Not sure why you're being so dense but there is no way a dealer will let you charge the full price of the car on your Amex without levying a surcharge to cover the fee. The language makes it clear that the obligation is only to let you charge 2k minimum and most dealers won't go a penny more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:“Each participating Certified Dealer in the American Express Auto Purchasing Program will accept the American Express Card for [a certain limit of their choosing that is] at least $2,000 and up to the full purchase price“

Does this make more sense to you this way?

But that isn't what it says, is it?

Inventing facts to suit your purpose. You must be in politics.

DP. But that is exactly what it says.

[Anonymous]

We bought a new car in April 2020 when nobody was buying cars and they let us put the whole thing on card. I was surprised they said yes then and don’t think there’s a chance in hell that it would happen now.

[Anonymous]

Just bought a new Subaru last week and was allowed to put $5K on my Amex platinum. Financed the rest thru Subaru’s captive (Chase)

[Anonymous]

I’ve never been allowed to put more than $2,000 or so on a credit card when buying a car.