Financing a Rolex

[rr-nyc]

Originally Posted by MoBe

Thanks for spelling it out Rookhawk.

I have not been able to independantly confirm that,in the case of a 0% credit issuer,there is a fee to the retailer when there is no default by the debtor,in other words,a transaction fee.

Can you comment?

Apparently there are still people that want to believe that a bank or credit company will lend a consumer money simply for the asking without asking for anything in return.When it comes to buying a used watch we are constantly reminded by other members of the forum,"if it sounds too good to be true then it is",yet when it comes to finance we should believe that free money is a reality,you must be joking!

Oh my, here we go again. I'll tell you a REAL world example compared to your fantasyland nonsense

I went to Brookstone and bought a massage chair for $2499 plus tax ($2708.29) and financed it using their 12 month 0% financing Brookstone credit card. I make my last payment in June and will only end up paying $2708.29. If you walk into the same brookstone and paid cash for the same massage chair, do you know how much you're gonna pay? $2499 plus tax or $2708.29

Explain to me how you got the better deal. Explain to me how I'm paying for the bank to lend me the money. Or you can keep ignoring the issue and instead, telling fantastic lies

If Brookstone pays the finance company, I don't care. It comes out of their margin NOT out of my pocket

Get it yet?