Your 2% back comes from the merchant where you use your credit card.
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I’m pretty sure this is fake news.
How much is gas tax in cali where most evs are sold thoigh! And how much tax money was paid out in rebates. It adds up to a lot of money we’re paying for…
Looked this up since I noticed gas went up over 20 cents overnight
https://www.energy.ca.gov/data-reports/energy-almanac/transportation-energy/estimated-gasoline-price-breakdown-and-margins
These shifts aren’t necessarily tied to oil price…there IS a form of gouging going on with refineries.
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At least in California, you cannot presume that it’s spent for roads either.
Dog parks and pedestrian paths? Absolutely.
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No sir. It is not. I have no reason to lie. I own a small plumbing and heating supply business. I accept credit cards as a form of payment from my customers. There is a base processing fee (for Visa/Master Card/American Express) that I pay the credit card processing company every month for the convenience of the money being deposited into the business’ bank account the next day. On top of the base fee, there is an addition percentage I pay for each different reward card. The rewards you get are paid for directly from the merchant.
So the customer ultimately pays for it in increased pricing for goods though. Which is why I don’t accept credit cards so I don’t have to raise my pricing. If they want to use a card I charge the 3% fee that Venmo or whatever charges me
Interesting I’m not doubting your experience. As far as I knew, cash back was taken out of the processing fee, not added to it. Idea being the cv company would take less in processing fees, figuring the extra use of the cars to get the bonus would eventually lead to more volume and more interest paid over time.
So you’re saying if I use a 2% cash back with your company, you pay the regular 3% to Visa and an additional 2% on top of that?
Recently a judge in CA ruled that a bee is a fish. For the purpose of environmental laws. I’m not kidding, look it up.
So yeah I guess a dog park can also be a road. Why not? Words no longer have any meaning.
Looking into this in detail shows it’s not actually as ridiculous as it sounds, but rather a byproduct of poor legal writing and definitions.
Essentially, the CA endangered species act does not specify “invertebrates” as possible classification, meaning insects in general wouldn’t be covered.
Their definition of “fish”, however, is super broad, and does list “invertebrates” as a sub-classification, so because of poor legal writing, a bee falls under the category of fish.
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I don’t charge an extra fee for credit card usage. To me it is a cost of doing business. But it is also helpful for me. I don’t have to run to the bank to deposit cash as often (I’ve mentioned before, my store is in a bad neighborhood). I do on occasion give certain customers a discount on a large cash order. I will give a unless someone gives me a credit card over the phone. When I manually input the number, expiration date, & billing zip code I get charged a fair amount more than when I read the chip or swipe the card.
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it is baked into pricing since it’s part of the cost of doing business is what I mean. Ultimately any fee is always passed to customers as long as the margins make that possible.
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In the macro sense, you’re right consumers ultimately pay for “free” stuff. But on a micro scale, I use nycarguy’s services and he charges me $1000, I pay $1000 whether I use a generic Visa or the 2% visa. So on that individual transaction I’m making $20, without getting charged an extra $20.
Now of course in the aggregate, that $20 is paid indirectly by all of his customers. But for me personally, I come out ahead.
Yeah they can charge whatever- blow up the reputation of the manufacturer and send Tesla stock soaring. .
Tesla’s stock is tanking. Tesla prices have gone way up, more than markups on many other vehicles.
And the Corte Madera Tesla lot is still full …been that way for several months now. The haulers I see these days on I 80 are imports and Ford.
It IS a Demon 170, but still.
Edit: Also, where are the photos of the actual car?? 
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They have the gall to charge a $500 fee and not the skill to right justify the numbers…lol
I didn’t see if anyone posted it.
The dealer site just says ‘sneak peek’ of stock photos
I’ve seen them already listed for 225-250. I have a reservation at 25k over I plan to flip. I wish I could get 375 
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