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The reason dealers don't want to do this is because of chargeback abuse. Now, to counter that argument dealers have gotten "smart" but greedy to the point now w
by encryptluks2 5y ago
The reason dealers don't want to do this is because of chargeback abuse. Now, to counter that argument dealers have gotten "smart" but greedy to the point now where they sneak arbitration agreements into a purchase... so while you may dispute a charge if the dealership lies about price or something, good luck using their chosen arbitration service.
- brianwawok 5y agoYou are also paying like a 2.9% fee to your payment processor (vs $0 for a check). On a 50,000 car, that is $1,450. Not chump change at all, maybe a big chunk of your margin.