To: Tancred
I doubt that this was a dealership but instead an individual selling a truck. Gonzoles said that he flew to Chicago to buy a truck, but it had sold by the time he had arrived. If it had been a dealership there would have been more than one truck.
Most dealerships will not accept over $9000 cash. If you want to buy a vehicle without credit you will usually have to pay with a combination of check, cash and multiple cashier checks all less than $9000 each.
54 posted on
08/20/2006 10:14:21 PM PDT by
Between the Lines
(Be careful how you live your life, it may be the only gospel anyone reads.)
To: Between the Lines
That's not true.
I bought a $34k car with a single personal check.
59 posted on
08/20/2006 10:19:59 PM PDT by
DB
(©)
To: Between the Lines
"Most dealerships will not accept over $9000 cash. If you want to buy a vehicle without credit you will usually have to pay with a combination of check, cash and multiple cashier checks all less than $9000 each."
I've worked in plenty of dealerships. Not only is that not true in my experience, but such a policy puts the store at risk of a charge of structuring a deal to avoid reporting cash payments.
121 posted on
08/21/2006 2:15:09 AM PDT by
Badray
(While defending the land called America, we must also be sure to preserve the Idea called America.)
To: Between the Lines
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"Most dealerships will not accept over $9000 cash. If you want to buy a vehicle without credit you will usually have to pay with a combination of check, cash and multiple cashier checks all less than $9000 each."
Bull! You can walk into any dealership with as much cash as you like and purchase a car, boat, plane, diamonds, whatever. They will be more than happy to take your money. All they have to do is fill out IRS Form-8300 'Report of Cash Payments Over $10,000 Received in a Trade or Business.' It's a very simple one page document to be filled out unless multiple persons are purchasing your product and then it includes Page-2 as many times as their are people in the transaction. |
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320 posted on
08/25/2006 6:39:17 PM PDT by
HawaiianGecko
(Timing has a lot to do with the outcome of a rain dance.)
To: Between the Lines
"I doubt that this was a dealership but instead an individual selling a truck. Gonzoles said that he flew to Chicago to buy a truck, but it had sold by the time he had arrived. If it had been a dealership there would have been more than one truck.
Most dealerships will not accept over $9000 cash. If you want to buy a vehicle without credit you will usually have to pay with a combination of check, cash and multiple cashier checks all less than $9000 each."
I bought my car (of which they had only 1) with $13,500 cash.
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