BMW dealerships that allow purchasing with a credit card?

deathwish · 06-22-2021, 04:48 AM

Quote:

Originally Posted by six75LT

you were able to put these charges on an amex without having to pay transaction fees? thats wild

Yes, every dealer that is in the American Express Auto Purchasing program (https://amexnetwork.truecar.com/) will allow you put a minimum of $2k on an AmEx. I will check on the transaction fees and get back to you.

deathwish · 06-22-2021, 04:50 AM

Quote:

Originally Posted by Glen e

I was a general manager of a BMW dealership in the early 90s. Whenever I had a guy that wanted to use AMEX for the full amount I would say “sure, but I gotta bump the price 3%”… That usually ended that discussion.

Did you bump the amount they wanted to charge by 3% or the entire vehicle price by 3%?

deathwish · 06-22-2021, 04:51 AM

Quote:

Originally Posted by BMWCCA1

Our dealership has a $3,000 limit on credit card purchases but treats Amex no differently.

That’s good to know. Which dealership?

deathwish · 06-22-2021, 04:52 AM

Quote:

Originally Posted by Vegetable

That sucks. I have a few company cars that I have purchased in full with my 80k limit. I pay it off right away, and love the rewards. 3K is like a non-business personal down payment. Lame.

What dealership do you use?

BMWCCA1 · 06-22-2021, 07:26 AM

Quote:

Originally Posted by deathwish

That’s good to know. Which dealership?

Any dealership in the Asbury group. Over 100 at last count.

NYC_340i · 06-22-2021, 12:02 PM

I paid my down payment and MSDs with my credit card at Open Road BMW in Edison and they had no problems taking it. I believe it was around $7500

bavarianride · 06-22-2021, 12:34 PM

I have purchased my 3 bimmers with CCs up to allowed max($7k, $7k, $5k) for points. The last one also hit minimum spend for around $1200 of sign-on bonus.

Kolianovskyi · 06-22-2021, 01:07 PM

I bought from Niello BMW but in CA and they allowed to pay $5000 using a credit card. Small shops often ask for 3% fee if you use credit card.

When I bought from Autonation last year, I paid $10,000 using my debit card from foreign bank (with cashback as well).

pz619 · 06-22-2021, 01:31 PM

I put 10k on my car on a card. $5k for the deposit when I ordered it. Another $5k during the purchase just to get them Amazon points. The rest I presented a loan check. Didn’t even think about the merchant fees the dealership would have to pay. They never brought it up.

Vitacura · 06-22-2021, 03:42 PM

My local BMW dealer won't allow for more than $500 to be placed on a credit card for a vehicle purchase. I bet I would have no problem using one in the service department for ten times that amount.

Kolianovskyi · 06-22-2021, 04:45 PM

Quote:

Originally Posted by Vitacura

My local BMW dealer won't allow for more than $500 to be placed on a credit card for a vehicle purchase. I bet I would have no problem using one in the service department for ten times that amount.

How do they know? Just use your card, say it is a debit)))

cooolone2 · 06-22-2021, 08:47 PM

20' M240 deposit via Amex $5k Max by dealer, no 3% fee, no issue but a big thank you and smile!

The Libertine · 06-26-2021, 07:03 AM

I believe it varies by dealership, but expect there is more flexibility to pay with $$$$ than to put money on a credit card.

06-22-2021, 12:02 PM	#28
NYC_340i Lieutenant 202 Rep 547 Posts Drives: '20 M340i xDrive, '11 X3 28i Join Date: Jun 2011 Location: NYC iTrader: (0)	I paid my down payment and MSDs with my credit card at Open Road BMW in Edison and they had no problems taking it. I believe it was around $7500 __________________ Current: 2020 M340xi Previous: 2016 340xi
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06-22-2021, 12:34 PM	#29
bavarianride Brigadier General 901 Rep 3,746 Posts Drives: bimmer Join Date: Feb 2013 Location: northern california iTrader: (0)	I have purchased my 3 bimmers with CCs up to allowed max($7k, $7k, $5k) for points. The last one also hit minimum spend for around $1200 of sign-on bonus.
	Appreciate 0 Quote

06-22-2021, 01:07 PM	#30
Kolianovskyi First Lieutenant 78 Rep 321 Posts Drives: BMW 650i Join Date: Sep 2020 Location: Houston, TX iTrader: (0)	I bought from Niello BMW but in CA and they allowed to pay $5000 using a credit card. Small shops often ask for 3% fee if you use credit card. When I bought from Autonation last year, I paid $10,000 using my debit card from foreign bank (with cashback as well).
	Appreciate 0 Quote

06-22-2021, 01:31 PM	#31
pz619 Brigadier General 3171 Rep 3,207 Posts Drives: F87 M2C Join Date: Oct 2013 Location: San Diego iTrader: (1)	I put 10k on my car on a card. $5k for the deposit when I ordered it. Another $5k during the purchase just to get them Amazon points. The rest I presented a loan check. Didn’t even think about the merchant fees the dealership would have to pay. They never brought it up.
	Appreciate 0 Quote

06-22-2021, 03:42 PM	#32
Vitacura Ich Liebe mein BMW 381 Rep 864 Posts Drives: 21 M240i CV, 18 X2 Join Date: May 2007 Location: Tampa Bay iTrader: (0)	My local BMW dealer won't allow for more than $500 to be placed on a credit card for a vehicle purchase. I bet I would have no problem using one in the service department for ten times that amount.
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06-22-2021, 08:47 PM	#34
cooolone2 Lieutenant 376 Rep 502 Posts Drives: 20' M240iX B58, 01' 330XI E46 Join Date: Jul 2019 Location: NY, USA iTrader: (0)	20' M240 deposit via Amex $5k Max by dealer, no 3% fee, no issue but a big thank you and smile!
	Appreciate 0 Quote

06-26-2021, 07:03 AM	#35
The Libertine Major 1094 Rep 1,153 Posts Drives: 2021 Porsche Macan Join Date: Jul 2018 Location: South East, MA iTrader: (0)	I believe it varies by dealership, but expect there is more flexibility to pay with $$$$ than to put money on a credit card.
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