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| The Pub For General Automotive Related Talk |
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03-02-2013, 05:28 PM
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FF.Com.Au Hardcore
Join Date: Jan 2006
Posts: 2,125
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Having just received another email from a credit card company offering 0% interest for 9 months on balance transfers, it reminded me of something I heard a while back where a guy purchased a car (or at least part of the payment) on a credit card, then transfered the balance to another credit card company offering 0% on balance transfers.
I really cant remember where I heard that story so cant confirm how authentic it is. But basically, Is this possible? For example, could I buy a car for $10k on credit, then transfer the balance the next day to a 0% for 9months credit card. The only issues I see are if the car yard doesnt accept a credit card, OR if he does accept credit card he may charge a 2.5% surcharge. Which is only $250 anyway. Any thoughts on this? |
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Interest free car loan?
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