https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9438521
I think no dealer will allow this big payment with credit card....unless they charge 2 percent...Same happened with me when buying jewelry, scooty and Laptop.
buying car with credit card
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I am eyeing buying xuv 300 or grand vitara(strong hybrid) with credit card. any car suggestion is welcome.
I think they will not take more than 5L using cc without charges
I can use
hdfc tata neu rupay(above 8 lakh limit) for upi ----will it get me neucoins?
hdfc diners black --but then i cant use neu card(joint limit)
axis ace 1.5L lakh limit
icici apay -4 lakh limit
cards i hold idfc select/simplyclick/amex mrcc/indusind legend/axis flipkart
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https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9438828
Interesting question.
I believe UPI payment with Rupay card should be possible but check what's limit.
Most important thing is you should have amount in your bank account for payment of those Credit card bills before Due Date.
Else paying with EMI, balance transfer via credit card will be definitely more costly than getting card Loan.
Just for some Reward Points you will be in loss.
On Tata Neu Infiniti card you get 1.5 % in UPI payments.
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9439021
read this thread before u make ur decision
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9439042
i have applied for two 2 big hni for netweb ipo which i didn't get .so have more than 20 lakhs in bank accounts.
do you think i would buy such costly cars in emi .
any car suggestion guys brezza vs xuv300
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9439083
XUV 300 is best, go for it.
Go for a Car Loan instead of Full Payment. ( You are getting a cheap loan @ 9/10 %) Use that money to make more money. 😉
1. If you are salaried, check if your company has a vehicle leasing policy, which can help you to save taxes.
2. If you are in business, Loan and Car is definitely going to save your taxes as depreciation and expenses.
Go for a Car Loan instead of Full Payment. ( You are getting a cheap loan @ 9/10 %) Use that money to make more money. 😉
1. If you are salaried, check if your company has a vehicle leasing policy, which can help you to save taxes.
2. If you are in business, Loan and Car is definitely going to save your taxes as depreciation and expenses.
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https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9439548
As others have mentioned, check if the dealer would accept CC payment first. Even I am in the process of buying a car, and I was quoted 1.6% for payment by credit card.
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9439909
dealer has said zero charges for cc payement, reduced insurance by around 15k(send acko screenshot ,they will reduce it),
removed unwanted addons and warranty for maruti brezza light hybrid manual(that too only 1 left in stock)
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9439937
DCB is best bet. 3.33% returns in form of points. Plus 1K Vouchers for 80K monthly spends. Plus any other spend based reward.
If you can spread the payment in 2 parts and pay half in July and other half in Aug, you will get the 1K voucher for Aug too.
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9440076
Tata neu has 50k limit per month for UPI reward points. Check this once. Idfc select has accelerated rewards beyond certain amount..I don't recollect. Check it yourself.
I have used IDFC Wealth. Charged 1.5% extra by showroom.
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9440630
so i think i will do the following :-
IDFC select 2% (300000) amazon voucher
hdfc diners (875000) 3.3 % but approx. --2% for amazon vouchers
axis ace (225000) --2% cashback
any other suggestion welcome.
i will be paying on Friday so have to clear these payment should i use burgundy debit card for some points.(hdfc & indusind debit cards already got full points this month)
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9444911
bought vitara brezza zxi+ with lifetime road tax + insurance for 1420000(approx.) petrol mild hybrid manual transmission.
Only one model was left with the hybrid engine.(Maruti removed it from new models)
IDFC select 2% (300000) amazon voucher (approx 6k)
hdfc neu card(sbi pos machine diners didnt work) (885000) 1.5% neucoins(13275)
axis ace (225000) --2% cashback() (4500)
hdfc neu card upi (11000) advance -1.5% neucoins (165)
approx 24k savings😄 not a single penny charged as fees.had to negotiate hard.
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9448143
Idfc select CC gave 2% worth of rewards for POS(offline) transaction??
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https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9469853
car pics
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9796788
@arko1983650 congrats for the car. Please post review of the car and tricks to negotiate for CC payment.
https://www.desidime.com/discussions/buying-car-with-credit-card?page=1#post_9797580
car is quite comfortable and experience is better than alto.
for cc payment directly tell the salesperson that you are eyeing competitor car in my case xuv 300 and also has taken test drive on it. say your family/wife wants to buy competitors car due to some advantages. Then tell them that you can buy it if you pay them through cc without any charges.do try to say the advantages of the competitors car so they think that they may loose potential customer to other brands.
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I think no dealer will allow this big payment with credit card....unless they charge 2 percent...Same happened with me when buying jewelry, scooty and Laptop.
bought vitara brezza zxi+ with lifetime road tax + insurance for 1420000(approx.) petrol mild hybrid manual transmission.
Only one model was left with the hybrid engine.(Maruti removed it from new models)
IDFC select 2% (300000) amazon voucher (approx 6k)
hdfc neu card(sbi pos machine diners didnt work) (885000) 1.5% neucoins(13275)
axis ace (225000) --2% cashback() (4500)
hdfc neu card upi (11000) advance -1.5% neucoins (165)
approx 24k savings😄 not a single penny charged as fees.had to negotiate hard.
car is quite comfortable and experience is better than alto.
for cc payment directly tell the salesperson that you are eyeing competitor car in my case xuv 300 and also has taken test drive on it. say your family/wife wants to buy competitors car due to some advantages. Then tell them that you can buy it if you pay them through cc without any charges.do try to say the advantages of the competitors car so they think that they may loose potential customer to other brands.