Hey blades i was wondering if its possible to buy a car from a dealership in cash up front?
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is it possible....?
Started by
SickSider
, May 16 2012 03:50 PM
#1
Posted 16 May 2012 - 03:50 PM
#2
Posted 16 May 2012 - 04:10 PM
I believe the feds must be notified when this is done or something like that. I'm not really sure.
#3
Posted 16 May 2012 - 04:30 PM
I think they would fucking love you to death but as KCL said they would def do some background check or figure out where the money came from. Why do you ask
#4
Posted 16 May 2012 - 05:04 PM
That all depends on how money you're spending. If it's like a 5K purchase, they will not bother with background check. Now if you're a youngster buying a 30K car with straight cash, you'll have to jump through some loops.
#5
Posted 17 May 2012 - 10:26 PM
Is it illegal to save your cash? Hell no. I believe however the amount is somewhere around $10,000 has to be reported to the feds.
The dealer will often drop the price a little however just to get paid in full.
The dealer will often drop the price a little however just to get paid in full.
#6
Posted 17 May 2012 - 10:32 PM
It is here, that is how my car was bought, with a check from a checking account at a dealership, in full.
#7
Posted 17 May 2012 - 10:33 PM
#8
Posted 18 May 2012 - 05:28 AM
Oh ok i wanted to buy a brand new car from a Cadillac dealer in cash lol.im not gonna do it though now that i know
#9
Posted 18 May 2012 - 07:03 AM
lol i bought a tacoma 28k cash...well my parents "bought" it with my money cause they report it to the feds.
#10
Posted 18 May 2012 - 03:12 PM
#11
Posted 23 May 2012 - 09:49 PM
Yes you can.
Off-topic but reminds me of "Get rich or die tryin" 50 walkin up with a bag full of money haha.
Off-topic but reminds me of "Get rich or die tryin" 50 walkin up with a bag full of money haha.
#12
Posted 24 May 2012 - 12:14 PM
If you are willing to pay full sticker, and throw the salesman a few bucks extra to get creative with the paperwork, anything is possible. Had a friend who used to do that every few years, but that was a while ago. Not sure if it can still be accomplished.
#13
Posted 25 May 2012 - 06:55 PM
Anytime a purchase is over $10,000 dollars in cash. A form must be filled out called a CTR (Cash Transaction Record). Its a form that takes down all your information: SS#, DL#, Address, etc. I'm in the banking business.
#14
Posted 26 May 2012 - 07:46 PM
My friend just bought a 2012 Kia optima hybrid with cash, I think you should be alright dude
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