Down payment on Truck using American Express.
Category: Business and Money > Finance
Asked by: mylordchief-ga
List Price: $10.00
10 Sep 2005 13:44 PDT
Expires: 10 Oct 2005 13:44 PDT
Question ID: 566537
Can you make a down payment on a truck using an american express? Are you limited to the cash adavance amount on a card or the credit limit? I want to put 10K down on a truck. I have 3400 in cash adavance and 17,100 of credit limit. I also wanted to do this because my American express has 0% APR for the first year of purchases.
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Re: Down payment on Truck using American Express.
From: philnj-ga on 12 Sep 2005 14:07 PDT
Ask the dealer. I put a $2k down on a car with my AMEX four years ago. I remember a discussion about people wanting to charge cars on their cards, but I don't remember the details. The dealer has a very specific agreement with American Express that covers fees and other rules. They will certainly let you know what they are willing to do.
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