I want to buy a 2007 Saturn Aura XE, the dealer ask me to give him a deposit of $ 1000 to secure the car for me. Should I pay this deposit by credit card in the phone or give hime the check/cash directly? any other suggestions?
Thank you very much!
2007-02-11 06:17:37 · 11 answers · asked by Chen Z 1 in Cars & Transportation ➔ Buying & Selling
credit card is always best, you have more rights than if you give a check
also ask the dealer if the deposit is refundable, in California a dealer cannot take a non-refundable deposit but dealers dont always tell everyone that
you can check with your state dmv as well, lastly, check here to make sure you are getting a great price
http://www.carsdirect.com/home
2007-02-11 06:21:42 · answer #1 · answered by kpotter47 3 · 0⤊ 0⤋
Once you're happy to proceed you'll be required to leave a deposit for the car with the dealer. Don't pay the full purchase price at this stage. Pay the deposit by credit card if possible for additional protection because if there are problems you'll have a direct cause of action against the credit card company.
You will not get charged by your bank for using your Visa/MasterCard Credit card unless this is specifically stated in
their policy.
get more information about credit card at: http://www.card-city.com/
2007-02-11 18:43:28 · answer #2 · answered by grierGRIER h 3 · 0⤊ 0⤋
In my case i use them instead of cash because I don't carry alot of cash on me. But even at that I still don't spend beyond my means. When I use credit cards I still stick to my budget.
2016-03-29 02:20:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Be careful it sound like a scam, dealerships don't need a deposit over the phone, go to the dealership first. Test drive it, you might find you don't like it anyway. Giving your private info over is inviting hardship. Use your common since and don't forget you have an 18month or 18K miles Lemon Law protection for you, You might consider the book "Lemon Protection Identifying a Lemon" at lemonprotection.com to help you with. Good Luck and GOD Bless
2007-02-11 06:25:06 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Either way, IF you pay off the debt on the credit card when it hits so you won't have interest to pay. If you pay cash, be sure you get and keep a receipt.
2007-02-11 06:22:44 · answer #5 · answered by oklatom 7 · 0⤊ 0⤋
Do not give ANY deposits. Saturn is not such a hot brand that you can't get it once it hits the showrooms. Call other dealers.
2007-02-14 05:51:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You normally have more insurance if you pay with credit card as most of the credit card providers insure against fraud, faulty goods etc. You would be best checking with your credit card company to verify their terms & conditions first.
2007-02-11 06:24:13 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I work for a dealer. Either way is fine. Just make sure you go there and pay them and get a receipt.
2007-02-11 08:25:17 · answer #8 · answered by Anonymous · 0⤊ 0⤋
i own a shop,and you always need to do this by check,then you,ll have proof if anything happens in between time,or somebody gets confused on the deal,your bank can back you up on it,good luck,i hope this help,s.
2007-02-11 06:25:49 · answer #9 · answered by dodge man 7 · 0⤊ 0⤋
It really doesn't matter what form of payment you make. Whatever you feel comfortable with.
2007-02-11 06:36:35 · answer #10 · answered by Confused 3 · 0⤊ 0⤋