BMW dealerships that allow purchasing with a credit card?

deathwish · 06-22-2021, 05:48 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, 05:50 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, 05:51 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, 05:52 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, 08:26 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, 01:02 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, 01:34 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, 02:07 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, 02:31 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, 04:42 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, 05:45 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, 09:47 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, 08:03 AM

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

oncityce · 10-05-2022, 05:37 PM

No anymore in a seller market.

T0RM3NT · 10-05-2022, 05:41 PM

3K here too for Winslow BMW in Colorado Springs.

tturedraider · 10-05-2022, 05:47 PM

Yes, as mentioned, it is entirely at the discretion of the dealership. The typical range allowed without having to pay the credit card fee is $3,000 - $5,000.

ByFives19 · 10-06-2022, 05:40 PM

My dealer allowed $5000 just yesterday. They said the limit is state law (FL)… I didn’t verify.

S1nner · 10-06-2022, 06:22 PM

Same ^^. Initially, I was told 3k max, but I asked them to take 5k, and they did.

10" · 10-06-2022, 08:30 PM

Dealer would never want to do that—they get charged like 2% of the purchase price by the CC companies…max I've seen is deposit up to a certain amount like $2-3k

JJ 911SC · 10-06-2022, 08:39 PM

North of the 49th Parallel they just make it legal for esthablisement to pass on the % that the credit card charge them...

Well, I will either, just leave the stuff at the cash or in case of restaurent I will spew the meal at the cash and pay nothing...

LivingInSalt · 10-07-2022, 09:05 AM

Quote:

Originally Posted by 10"

Dealer would never want to do that—they get charged like 2% of the purchase price by the CC companies…max I've seen is deposit up to a certain amount like $2-3k

My dealership's limit is $10,000

G35POPPEDMYCHERRY · 10-12-2022, 02:18 PM

unless you are pulling this at the absolute last part of the sale, they will hose you somewhere else

06-22-2021, 01:02 PM	#28
NYC_340i Lieutenant 212 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, 01:34 PM	#29
bavarianride Major General 1629 Rep 5,234 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.
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06-22-2021, 02:07 PM	#30
Kolianovskyi First Lieutenant 91 Rep 381 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).
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06-22-2021, 02:31 PM	#31
pz619 Brigadier General 3339 Rep 3,280 Posts Drives: F87 M2C 6MT, Tesla Highland 3P 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.
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06-22-2021, 04:42 PM	#32
Vitacura Ich Liebe mein BMW 414 Rep 887 Posts Drives: 21 M240i CV, 23 X1 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, 09:47 PM	#34
cooolone2 Captain 700 Rep 756 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!
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06-26-2021, 08:03 AM	#35
The Libertine Major 1570 Rep 1,441 Posts Drives: 2024 BMW X4 M40i Join Date: Jul 2018 Location: SE, 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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10-05-2022, 05:37 PM	#36
oncityce Private 52 Rep 82 Posts Drives: 2023 G42 M240ix Join Date: Sep 2022 Location: Bay Area,CA iTrader: (0)	No anymore in a seller market.
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10-05-2022, 05:41 PM	#37
T0RM3NT Mr. Irrelevant 4604 Rep 699 Posts Drives: '23 G80M3CX Dravit/Silverstone Join Date: Apr 2022 Location: Denver'ish iTrader: (0)	3K here too for Winslow BMW in Colorado Springs. __________________ Past results aren't a guarantee of future performance.
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10-05-2022, 05:47 PM	#38
tturedraider Major General 5734 Rep 6,632 Posts Drives: 2018 340i M Sport Join Date: Apr 2006 Location: Chicago, Edgewater (via Texas & Tennessee) iTrader: (0) Garage List 2018 BMW 340i M Sport [8.78] 2020 BMW M340i xDrive [9.00] 2018 BMW 340i M Sport [7.38] 2006 BMW 330i Sport [5.83] 2004 BMW 330i ZHP [7.13] 2000 BMW 328i [6.17]	Yes, as mentioned, it is entirely at the discretion of the dealership. The typical range allowed without having to pay the credit card fee is $3,000 - $5,000. __________________ www.bmwcca.org member #388003 - Use me as a referral & you could win a one day ///M Driving School!! ___________________________________________
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10-06-2022, 05:40 PM	#39
ByFives19 New Member 17 Rep 23 Posts Drives: 06 TSX, 08 RDX, 23 x5 45e Join Date: Aug 2022 Location: Baltimore MD iTrader: (0)	My dealer allowed $5000 just yesterday. They said the limit is state law (FL)… I didn’t verify.
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10-06-2022, 06:22 PM	#40
S1nner Private First Class 159 Rep 111 Posts Drives: 2018 F15 N55, 2014 F10 N55 Join Date: Jan 2018 Location: Chicago,IL iTrader: (0)	Same ^^. Initially, I was told 3k max, but I asked them to take 5k, and they did.
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10-06-2022, 08:30 PM	#41
10" Colonel 5110 Rep 2,297 Posts Drives: orange BMW 1M. Join Date: Jun 2018 Location: world iTrader: (0)	Dealer would never want to do that—they get charged like 2% of the purchase price by the CC companies…max I've seen is deposit up to a certain amount like $2-3k __________________ don't read this. too late...
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10-06-2022, 08:39 PM	#42
JJ 911SC Crusty Old Navy Chief 27345 Rep 1,713 Posts Drives: 2022 X3 M40i, 1983 911SC Join Date: Jan 2021 Location: Ottawa iTrader: (0) Garage List 2022 X3 M40I [10.00] 1983 Porsche 911SC ... [7.50]	North of the 49th Parallel they just make it legal for esthablisement to pass on the % that the credit card charge them... Well, I will either, just leave the stuff at the cash or in case of restaurent I will spew the meal at the cash and pay nothing...
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10-12-2022, 02:18 PM	#44
G35POPPEDMYCHERRY Banned 5007 Rep 4,135 Posts Drives: F80 Join Date: Dec 2015 Location: Philadelphia iTrader: (1)	unless you are pulling this at the absolute last part of the sale, they will hose you somewhere else
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