No, the car dealer would have not only had to pay a fee (tho’ 3% is pretty high), but getting you to take out a car loan would have instead got him a commission!
I’m sure he got his commission anyway but he told me that the Visa cut would be 3% of the total charged. The total was just under $20,000. I was in a position to just write a check, so that’s what I did.
He tried to get me to finance it at something like 3.9% but I hate paying interest and I hate making payments.