Can a dealer refuse this? I get that they don’t accept regular credit cards due to fees, but this is their own branded card that they push for use at the dealership. I thought Toyota might require them to accept it.
I was planning to use it for a $5k down payment. I’d get 5% cashback and six months with no interest. Honestly, this card doesn’t offer much value outside of a Toyota dealership.
Most dealers don’t like accepting large down payments on credit cards because customers can dispute them, and credit card companies tend to side with the customer. There’s also a fee involved. That’s why most dealers have a limit of $2,500 for credit card down payments. It’s different for service and parts though.
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
Willie said:
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
I didn’t get here by wasting money. I splurge on vacations and fun stuff, but when it comes to work-related purchases, I try to keep costs down.
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
I didn’t get here by wasting money. I splurge on vacations and fun stuff, but when it comes to work-related purchases, I try to keep costs down.
It’s kind of like asking your bank to take a credit card for an auto loan or mortgage. Sure, it’d be nice to get points on that, but banks just don’t take credit cards for those payments. The down payment goes to the bank, not the dealer.
Willie said:
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
I didn’t get here by wasting money. I splurge on vacations and fun stuff, but when it comes to work-related purchases, I try to keep costs down.
It’s kind of like asking your bank to take a credit card for an auto loan or mortgage. Sure, it’d be nice to get points on that, but banks just don’t take credit cards for those payments. The down payment goes to the bank, not the dealer.
Yeah, but other Toyota dealers have accepted the Toyota-branded card before. We use a fleet of Tundras, and I’ve paid down payments on this card in the past. This dealership doesn’t seem interested, so I’ll just go to another one.
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
I didn’t get here by wasting money. I splurge on vacations and fun stuff, but when it comes to work-related purchases, I try to keep costs down.
It’s kind of like asking your bank to take a credit card for an auto loan or mortgage. Sure, it’d be nice to get points on that, but banks just don’t take credit cards for those payments. The down payment goes to the bank, not the dealer.
Yeah, but other Toyota dealers have accepted the Toyota-branded card before. We use a fleet of Tundras, and I’ve paid down payments on this card in the past. This dealership doesn’t seem interested, so I’ll just go to another one.
You can use a credit card if you’re paying in full. You just can’t do it when financing.
Willie said:
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
I didn’t get here by wasting money. I splurge on vacations and fun stuff, but when it comes to work-related purchases, I try to keep costs down.
It’s kind of like asking your bank to take a credit card for an auto loan or mortgage. Sure, it’d be nice to get points on that, but banks just don’t take credit cards for those payments. The down payment goes to the bank, not the dealer.
Yeah, but other Toyota dealers have accepted the Toyota-branded card before. We use a fleet of Tundras, and I’ve paid down payments on this card in the past. This dealership doesn’t seem interested, so I’ll just go to another one.
You can use a credit card if you’re paying in full. You just can’t do it when financing.
Okay, PM me, and I can show you invoices where I’ve used a credit card for down payments. It’s definitely dealer-specific.
Willie said:
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
It might not just be the fee. If you’re putting a down payment on a six-month no interest card, maybe it’s worth asking yourself if you should be buying a new car. A down payment is usually cash, and asking to put it on a credit card is basically like asking for a zero down loan.
Toyota FS saw loans on an Audi R8 and a Macan GTS with 200k in equity, plus 8 other cars I use for my construction company. I have 7-figure annual income. I could pay cash, but why not try to save where I can?
You make 7 figures and you’re worried about $250?
I didn’t get here by wasting money. I splurge on vacations and fun stuff, but when it comes to work-related purchases, I try to keep costs down.
It’s kind of like asking your bank to take a credit card for an auto loan or mortgage. Sure, it’d be nice to get points on that, but banks just don’t take credit cards for those payments. The down payment goes to the bank, not the dealer.
Yeah, but other Toyota dealers have accepted the Toyota-branded card before. We use a fleet of Tundras, and I’ve paid down payments on this card in the past. This dealership doesn’t seem interested, so I’ll just go to another one.
You can use a credit card if you’re paying in full. You just can’t do it when financing.
PM me! Let me spend 15 minutes proving a point!
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
I used my points and put $4k on my Toyota credit card when I bought my car last year.
Willie said:
Lilly said:
It’s not actually a Toyota credit card, it’s a regular Visa card. They still pay fees to Visa, and you can use it anywhere. It’s not like a store-specific card where it’s only usable at one place, like a Target card.
Got it. Maybe I’ll just offer to pay the fee since I’ll make it back with the 5% cashback. I thought Toyota corporate might make them take their own branded card.
I used my points and put $4k on my Toyota credit card when I bought my car last year.
Yeah, it’s definitely a dealer-specific policy. I’ll just go to my regular dealership. The only reason we use the card is because we spend so much at Toyota (for maintenance, parts, down payments) that the 5% adds up. Otherwise, the card isn’t worth much.
That’s strange. I bought a Tacoma from a dealer in another state and did everything by phone. They let me put a $3k down payment on my card. They even suggested it, saying, “You’ll get points.”
My Toyota dealer told me I could put up to $5k on a credit card for the down payment, but that was the max. Maybe it depends on the state? I’m thinking about using my Wells Fargo card for $5k to get some points.
Bradas said:
My Toyota dealer told me I could put up to $5k on a credit card for the down payment, but that was the max. Maybe it depends on the state? I’m thinking about using my Wells Fargo card for $5k to get some points.
There’s no state law about it, just each dealer’s policy.