On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

In article m,
says...

On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

My God, you are John are as dumb as posts if you can't figure out that
the expense incurred by the merchant is passed down to you, the
consumer.

On 10/7/2012 11:41 AM, iBoaterer wrote:
In article m,
says...

On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

My God, you are John are as dumb as posts if you can't figure out that
the expense incurred by the merchant is passed down to you, the
consumer.

Not only did I figure it out, I told you why it happens. Take a
cognition pill, won't you?

On Sun, 7 Oct 2012 11:41:12 -0400, iBoaterer wrote:

In article m,
says...

On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

My God, you are John are as dumb as posts if you can't figure out that
the expense incurred by the merchant is passed down to you, the
consumer.

He is not me. And, the expense incurred by your merchant is not passed down to me.

On Sun, 07 Oct 2012 11:50:08 -0400, Meyer wrote:

On 10/7/2012 11:41 AM, iBoaterer wrote:
In article m,
says...

On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

My God, you are John are as dumb as posts if you can't figure out that
the expense incurred by the merchant is passed down to you, the
consumer.

Not only did I figure it out, I told you why it happens. Take a
cognition pill, won't you?

Metamucil would be better for the condition he's in.

On Sat, 6 Oct 2012 15:58:48 -0700 (PDT), Tim
wrote:

On Oct 6, 4:55*pm, jps wrote:
On Sat, 6 Oct 2012 14:24:13 -0700 (PDT), Tim
wrote:









On Oct 6, 1:07 pm, jps wrote:
On Sat, 06 Oct 2012 11:54:57 -0400, GuzzisRule

wrote:
On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me down.

When I bought my Key West, the dealer and I agreed on the price. Then he asked how I wanted to
finance it, offering me a choice of three banks/loan organizations he worked with. I told him I
wanted to put it on my VISA. He gave me a funny look, like, "Are you bull****ting me?" Then he said
he had to make a phone call. He came back and said I could put only $10,000 on VISA at one time -
rules of his accounting firm (?). OK, so I said I'd put up $10,000 as a down payment, and then pay
off the boat when it came in. He said that would work. Then, when the boat came in, I put another
$10,000 on my VISA. Because of the rewards program, I got 3% of the $20,000 back. The dealer wasn't
thrilled. I pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yes, you got your points and the dealer took it in the shorts because
it cost 'em another 3% to run your card.

Don't think that'll end up driving up prices? Think again. But I
know that all you're concerned about it you.

If they didn't want to do it, * then they wouldn't have agreed to the
deal on those terms.. Sure they took a hit but they sold the boat.
BTW, the dealer also has to pay for the CC processing machine, AND a
monthly user fee. *But people who start *accepting *CC's, usually have
quite an increase in business.

Oh, and I'm sure you have one, or maybe even several cards. And
obviously being the successful business owner that you are, you use
them quite regularly, and I bet they have more an a $2000.00 limit on
them.

Not only do I have two affinity cards, I have a card reader at my
business for large companies that whose employees want to purchase
incidental gear and services on a company issued card. *One of my
customers recently put nearly $20K on a personal Visa and I passed
along the fee. *They may have gotten the miles but they also paid
nearly $400 for the priviledge of using the card. *I'm not a retail
business, so having the card reader is just a convenience for a few
customers a year. *Doesn't do anything to increase my business.

I try not to make gigantic purchases through the card because I know
what that does to my vendor's margin and, eventually, it'll be passed
along in the form of higher prices.

"Yes, you got your points and the dealer took it in the shorts because
it cost 'em another 3% to run your card.

Don't think that'll end up driving up prices? Think again. But I
know that all you're concerned about it you. "

Well, you sure showed me. You don't get the difference between a $100
purchase and a $20,000 purchase.

Let me explain. A hundred dollar purchase through a retail concern
who is marks up items at 50% isn't the same as a boat or car dealer
who makes a much smaller percentage on each sale. 3% can make a huge
difference on a 6% margin.

Make any sense?

On Sun, 07 Oct 2012 11:08:20 -0700, jps wrote:

On Sat, 6 Oct 2012 15:58:48 -0700 (PDT), Tim
wrote:

On Oct 6, 4:55*pm, jps wrote:
On Sat, 6 Oct 2012 14:24:13 -0700 (PDT), Tim
wrote:









On Oct 6, 1:07 pm, jps wrote:
On Sat, 06 Oct 2012 11:54:57 -0400, GuzzisRule

wrote:
On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me down.

When I bought my Key West, the dealer and I agreed on the price. Then he asked how I wanted to
finance it, offering me a choice of three banks/loan organizations he worked with. I told him I
wanted to put it on my VISA. He gave me a funny look, like, "Are you bull****ting me?" Then he said
he had to make a phone call. He came back and said I could put only $10,000 on VISA at one time -
rules of his accounting firm (?). OK, so I said I'd put up $10,000 as a down payment, and then pay
off the boat when it came in. He said that would work. Then, when the boat came in, I put another
$10,000 on my VISA. Because of the rewards program, I got 3% of the $20,000 back. The dealer wasn't
thrilled. I pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yes, you got your points and the dealer took it in the shorts because
it cost 'em another 3% to run your card.

Don't think that'll end up driving up prices? Think again. But I
know that all you're concerned about it you.

If they didn't want to do it, * then they wouldn't have agreed to the
deal on those terms.. Sure they took a hit but they sold the boat.
BTW, the dealer also has to pay for the CC processing machine, AND a
monthly user fee. *But people who start *accepting *CC's, usually have
quite an increase in business.

Oh, and I'm sure you have one, or maybe even several cards. And
obviously being the successful business owner that you are, you use
them quite regularly, and I bet they have more an a $2000.00 limit on
them.

Not only do I have two affinity cards, I have a card reader at my
business for large companies that whose employees want to purchase
incidental gear and services on a company issued card. *One of my
customers recently put nearly $20K on a personal Visa and I passed
along the fee. *They may have gotten the miles but they also paid
nearly $400 for the priviledge of using the card. *I'm not a retail
business, so having the card reader is just a convenience for a few
customers a year. *Doesn't do anything to increase my business.

I try not to make gigantic purchases through the card because I know
what that does to my vendor's margin and, eventually, it'll be passed
along in the form of higher prices.

"Yes, you got your points and the dealer took it in the shorts because
it cost 'em another 3% to run your card.

Don't think that'll end up driving up prices? Think again. But I
know that all you're concerned about it you. "

Well, you sure showed me. You don't get the difference between a $100
purchase and a $20,000 purchase.

Let me explain. A hundred dollar purchase through a retail concern
who is marks up items at 50% isn't the same as a boat or car dealer
who makes a much smaller percentage on each sale. 3% can make a huge
difference on a 6% margin.

Make any sense?

Are you asking Tim or just talking to yourself?

In article m,
says...

On 10/7/2012 11:41 AM, iBoaterer wrote:
In article m,
says...

On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

My God, you are John are as dumb as posts if you can't figure out that
the expense incurred by the merchant is passed down to you, the
consumer.

Not only did I figure it out, I told you why it happens. Take a
cognition pill, won't you?

But you turned around and said that the credit was free!!! And that's
pure horse****. If the merchant charges the consumer to recoup the fees,
how is that free?

In article ,
says...

On Sun, 7 Oct 2012 11:41:12 -0400, iBoaterer wrote:

In article m,
says...

On 10/7/2012 8:21 AM, iBoaterer wrote:
In article ,
says...

On Sat, 06 Oct 2012 14:58:11 -0700, jps wrote:

On Sat, 06 Oct 2012 15:24:33 -0400, GuzzisRule
wrote:

On Sat, 6 Oct 2012 14:04:02 -0400, iBoaterer
wrote:

In article ,
says...

On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan
wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me
down.

When I bought my Key West, the dealer and I agreed on the
price. Then he asked how I wanted to finance it, offering
me a choice of three banks/loan organizations he worked
with. I told him I wanted to put it on my VISA. He gave me
a funny look, like, "Are you bull****ting me?" Then he
said he had to make a phone call. He came back and said I
could put only $10,000 on VISA at one time - rules of his
accounting firm (?). OK, so I said I'd put up $10,000 as a
down payment, and then pay off the boat when it came in. He
said that would work. Then, when the boat came in, I put
another $10,000 on my VISA. Because of the rewards program,
I got 3% of the $20,000 back. The dealer wasn't thrilled. I
pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yeah, sure, credit is free. Dumbass, you still don't get it
and never will, apparently.

It wasn't free to my bank! They paid me good bucks for using
the credit they extended!

You bank will just find a way to 1000 other people with
exhorbitant fees for overdrawn checks or teller visits or debit
card purchases. No matter, you got what you wanted, screw
everyone else.

Bleeding heart liberal?

Would you be happier if I sent my bank a couple hundred dollars
each month just to hold down the costs for folks like you and
Kevin?

You're a joke.

Still thinking about the Sig Sauer P226. This one, with a
conversion kit:

http://www.sigsauer.com/CatalogProdu...lassic-22.aspx

Good idea, huh?

Let's see, you are completely against any idea of wealth
redistribution, but if your credit card fees are redistributed to
everyone who buys goods at a particular store that you use your
credit card in, that's okay, right?

Not quite. The enire fee is paid by he merchant to the CC bank when the
CC transaction occurs. The injustice occurs when he CC bank forces the
merchant to price fix and penalize the cash buyer.

If you think it goes down any other way, I invite you to prove it or
clam up about this whole thing.

My God, you are John are as dumb as posts if you can't figure out that
the expense incurred by the merchant is passed down to you, the
consumer.

He is not me. And, the expense incurred by your merchant is not passed down to me.

Cite? Of course it is, dummy! Part of his electric bill is too! And all
of his other expenses. If not, how would he make a profit? Your position
is just plain stupid.

In article ,
says...

On Sat, 6 Oct 2012 15:58:48 -0700 (PDT), Tim
wrote:

On Oct 6, 4:55*pm, jps wrote:
On Sat, 6 Oct 2012 14:24:13 -0700 (PDT), Tim
wrote:









On Oct 6, 1:07 pm, jps wrote:
On Sat, 06 Oct 2012 11:54:57 -0400, GuzzisRule

wrote:
On Sat, 6 Oct 2012 10:23:51 -0400, EmpacherFan wrote:

And if so which is better?

I'm hoping for a 300-post thread here. Don't let me down.

When I bought my Key West, the dealer and I agreed on the price. Then he asked how I wanted to
finance it, offering me a choice of three banks/loan organizations he worked with. I told him I
wanted to put it on my VISA. He gave me a funny look, like, "Are you bull****ting me?" Then he said
he had to make a phone call. He came back and said I could put only $10,000 on VISA at one time -
rules of his accounting firm (?). OK, so I said I'd put up $10,000 as a down payment, and then pay
off the boat when it came in. He said that would work. Then, when the boat came in, I put another
$10,000 on my VISA. Because of the rewards program, I got 3% of the $20,000 back. The dealer wasn't
thrilled. I pulled a similar deal when I bought my 5th wheel trailer.

The credit, for the month or so of each charge, was free!

Yes, you got your points and the dealer took it in the shorts because
it cost 'em another 3% to run your card.

Don't think that'll end up driving up prices? Think again. But I
know that all you're concerned about it you.

If they didn't want to do it, * then they wouldn't have agreed to the
deal on those terms.. Sure they took a hit but they sold the boat.
BTW, the dealer also has to pay for the CC processing machine, AND a
monthly user fee. *But people who start *accepting *CC's, usually have
quite an increase in business.

Oh, and I'm sure you have one, or maybe even several cards. And
obviously being the successful business owner that you are, you use
them quite regularly, and I bet they have more an a $2000.00 limit on
them.

Not only do I have two affinity cards, I have a card reader at my
business for large companies that whose employees want to purchase
incidental gear and services on a company issued card. *One of my
customers recently put nearly $20K on a personal Visa and I passed
along the fee. *They may have gotten the miles but they also paid
nearly $400 for the priviledge of using the card. *I'm not a retail
business, so having the card reader is just a convenience for a few
customers a year. *Doesn't do anything to increase my business.

I try not to make gigantic purchases through the card because I know
what that does to my vendor's margin and, eventually, it'll be passed
along in the form of higher prices.

"Yes, you got your points and the dealer took it in the shorts because
it cost 'em another 3% to run your card.

Don't think that'll end up driving up prices? Think again. But I
know that all you're concerned about it you. "

Well, you sure showed me. You don't get the difference between a $100
purchase and a $20,000 purchase.

Let me explain. A hundred dollar purchase through a retail concern
who is marks up items at 50% isn't the same as a boat or car dealer
who makes a much smaller percentage on each sale. 3% can make a huge
difference on a 6% margin.

Make any sense?

Not much of reality seems to make sense to Herring.