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The Water Cooler
General Discussion
Plastic Only, No Cash??? WTF???
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<blockquote data-quote="DavidMcmillan" data-source="post: 3369116" data-attributes="member: 11749"><p>Several years ago, I worked with a guy that decided to buy a new Corvette. He went to the local Chevy dealer, found the vette he wanted, negotiated the price, and when it came time to pay, he gave them his American Express card. After calling in the General Manager, it was determined that he did have sufficient credit line to make the purchase. As the finance guy starts to proceed, my friend says, "tell you what, deduct 3.5% from that price and I'll just pay you cash right now." Again, the General Manager has to join the conversation, and after my friend explains how the fee works, and the delay in getting the remittance from the CC company, they agreed to his deal.</p></blockquote><p></p>
[QUOTE="DavidMcmillan, post: 3369116, member: 11749"] Several years ago, I worked with a guy that decided to buy a new Corvette. He went to the local Chevy dealer, found the vette he wanted, negotiated the price, and when it came time to pay, he gave them his American Express card. After calling in the General Manager, it was determined that he did have sufficient credit line to make the purchase. As the finance guy starts to proceed, my friend says, "tell you what, deduct 3.5% from that price and I'll just pay you cash right now." Again, the General Manager has to join the conversation, and after my friend explains how the fee works, and the delay in getting the remittance from the CC company, they agreed to his deal. [/QUOTE]
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The Water Cooler
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Plastic Only, No Cash??? WTF???
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