- Centurion Member
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flan wrote:I've negotiated much better deals offering to pay cash-- well in excess of the credit card discount rate. My assumption was that they were going to commit tax fraud, and electronic payments of any type have too big a record for that.
It's definitely a widespread practice, and you're right that income and/or sales tax evasion is the primary motivation for the merchant to offer a discount.
I was thinking more of the CC processing fees as a factor. If you're buying a vehicle or major appliance, then the processing fees can be hundreds or thousands of dollars. That should give some room to negotiate debit vs. credit.
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