Lets say you walk into a car dealership and want to pay cash... - GoFuckYourself.com - Adult Webmaster Forum

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buddyjuf

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#1

Lets say you walk into a car dealership and want to pay cash...

03-11-2006, 01:41 PM

So you walk into a BMW dealership and offer to pay 100 000$ cash for your car.

Will they report you to the governmenmt?
Or happily take your money and give you keys to an M6?

Inquiring minds want to know!
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datatank

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#2

03-11-2006, 01:43 PM

They only report you if you dont use a monte blanc to sign the deal
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#3

03-11-2006, 01:43 PM

reported, for sure
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#4

03-11-2006, 01:44 PM

Id say you were asking for trouble, im sure they would be far less suspicious of an electronic deposit. You need to find a crooked dealer who would be willing to handle a large amount of cash like that.

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#5

03-11-2006, 01:44 PM

i believe anything over 9,999 is reported. i'm probably wrong though
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#6

03-11-2006, 01:44 PM

Originally posted by bdjuf

So you walk into a BMW dealership and offer to pay 100 000$ cash for your car.

Will they report you to the governmenmt?
Or happily take your money and give you keys to an M6?

Inquiring minds want to know!

You would probably catch someone's attention, if you know what I mean.

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WiredGuy

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#7

03-11-2006, 01:45 PM

Yes, they do report it. For any cash purchase of a vehicle. I did the same for my Acura when I bought it, it was a bit of hassle and all but it only takes a few minutes extra to process.
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#8

03-11-2006, 01:45 PM

Originally posted by SPeRMiNaToR

i believe anything over 9,999 is reported. i'm probably wrong though

Actually, I'm not 100% positive but I believe you are correct.

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woj

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#9

03-11-2006, 01:45 PM

They may or may not, I would talk to the boss, give him extra few bucks and tell him you don't want it reported, I'm sure he would cooparate (or call fbi on your right away, lol)

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#10

03-11-2006, 01:45 PM

Slip the manager a grand and tell him what you want
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Juicy D. Links

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#11

03-11-2006, 01:46 PM

Money talks , well here in the US yo...... or the manager might call the popo on you
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#12

03-11-2006, 01:48 PM

Originally posted by Juicy D. Links

Money talks , well here in the US yo...... or the manager might call the popo on you

money talks in costa rica, not the US.... try bribing your way out of murder in the USA

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#13

03-11-2006, 01:48 PM

Yes they call. I bought my car cash from BMW and they did ..

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#14

03-11-2006, 01:48 PM

it's so stupid how they monitor everything, it's none of their damn biz

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#15

03-11-2006, 01:49 PM

What kind of idiot walks around with 100k in cash LOL!

You're just asking for trouble...

DH
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#16

03-11-2006, 01:50 PM

Is it 10k cash only? or does 10k wire or 10k check apply to this reporting too?

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Juicy D. Links

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#17

03-11-2006, 01:51 PM

Originally posted by woj

Is it 10k cash only? or does 10k wire or 10k check apply to this reporting too?

same to all
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#18

03-11-2006, 01:59 PM

Originally posted by DrinkingHARDEST

What kind of idiot walks around with 100k in cash LOL!

You're just asking for trouble...

DH

yep for sure
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#19

03-11-2006, 02:00 PM

Originally posted by sonofsam

money talks in costa rica, not the US.... try bribing your way out of murder in the USA

Talk to OJ Simpson, he seems to have some great hookups for that
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#20

03-11-2006, 02:02 PM

Is it all in 1's and 5's -- ? --

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#21

03-11-2006, 02:03 PM

Originally posted by WiredGuy

Talk to OJ Simpson, he seems to have some great hookups for that
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#22

03-11-2006, 02:09 PM

A bunch of crazy politians have just made a new law in Denmark, which makes it illegal to spend more than $15500 cash - and it would not surprise me, if the rest of the EU countries are working on a similar fucked up law

Oh, and their reason is that terrorists use large amounts of cash... Yeah, I can just see how this will put an end to terrorism

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#23

03-11-2006, 02:11 PM

Originally posted by Rolo

A bunch of crazy politians have just made a new law in Denmark, which makes it illegal to spend more than $15500 cash - and it would not surprise me, if the rest of the EU countries are working on a similar fucked up law

Oh, and their reason is that terrorists use large amounts of cash... Yeah, I can just see how this will put an end to terrorism

tell me you're joking.... please!

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#24

03-11-2006, 02:12 PM

Originally posted by SPeRMiNaToR

i believe anything over 9,999 is reported. i'm probably wrong though

a transaction received by a BANK over $9,999 must be reported, but only transactions over $99,999 must be reported by non-banking entities.

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#25

03-11-2006, 02:21 PM

Originally posted by SPeRMiNaToR

i believe anything over 9,999 is reported. i'm probably wrong though

you are correct.
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#26

03-11-2006, 02:23 PM

I dont get it.. if you get audited.. don't they look up for your possessions like houses, cars.. etc..? and then ask how you paid for it?
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WarChild

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#27

03-11-2006, 02:25 PM

I have a very good friend is the business manager of a very large dealership in Vancouver Canada.

Interestingly, car dealerships are not bound by the same laws as banks. You can bring cash, or wire them huge sums, and they're not obligated to report it. I personally wires $30,000 as the down payment on my corvette, hassle free.

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#28

03-11-2006, 02:25 PM

i think you'll be fine, as long as you've been paying your taxes

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#29

03-11-2006, 02:26 PM

Originally posted by WarChild

I have a very good friend is the business manager of a very large dealership in Vancouver Canada.

Interestingly, car dealerships are not bound by the same laws as banks. You can bring cash, or wire them huge sums, and they're not obligated to report it. I personally wires $30,000 as the down payment on my corvette, hassle free.

That's correct. Like I said above, BANKS must report $10k and over, but non banking entities only have to report $100k and over.

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#30

03-11-2006, 02:29 PM

Sperminator is correct, unfortunately anything over $9,999 is DEFINITELY reported by a dealership.

http://www.irs.gov/compliance/enforc...113003,00.html

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#31

03-11-2006, 02:36 PM

Originally posted by sonofsam

tell me you're joking.... please!

Its no joke - the stores can not accept any cash payment over $15500 - you will need to use CCs, checks or bank transfers.

The stores said "please, just let us report large cash payments like the banks do", however the politicians turned that offer down. So now you are committing a crime, if you pay or receive cash payments over $15500

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#32

03-11-2006, 02:41 PM

not a good idea to pay cash

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#33

03-11-2006, 02:42 PM

If your penis is truely so small that you would consider doing this, skip buying the M6 and elect for the enhancement surgery.

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#34

03-11-2006, 02:46 PM

even if you buy it off someone who isnt a dealer, ive heard that they go as far as checking the records at the dmv/secretary of state sometimes.

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#35

03-11-2006, 02:49 PM

If you aren't doing anything wrong, who cares. Just do it and tell people to fuck off later. If you aren't doing anything wrong, nothing they can do.
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#36

03-11-2006, 02:50 PM

Originally posted by bdjuf

So you walk into a BMW dealership and offer to pay 100 000$ cash for your car.

Will they report you to the governmenmt?
Or happily take your money and give you keys to an M6?

Inquiring minds want to know!

Write a check, np.

Give them cash, they have to report it.

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#37

03-11-2006, 03:11 PM

bdjufffffff i love you !!!!!!!!!!!!!!!!!!1

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#38

03-11-2006, 03:19 PM

Actually, every transaction over $10k has to be reported - as a bank we had to have them fill documents of where the money came from for the RCMP. This means that the dealer will have to sign and report where this money came from.

Also, even if you deposit $2k a day for 5 days & it's not something usual, it has to be reported. Anything that is unusual, they have a right to ask you to sign the document for the RCMP. *This is for Canada at least*
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#39

03-11-2006, 03:23 PM

Originally posted by sonofsam

money talks in costa rica, not the US.... try bribing your way out of murder in the USA

and can you get away with a murder in Costa Rica? a little offtopic, isnt it?
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#40

03-11-2006, 03:24 PM

Originally posted by After Shock Media

If your penis is truely so small that you would consider doing this, skip buying the M6 and elect for the enhancement surgery.

M6 is more fun
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#41

03-11-2006, 03:25 PM

Originally posted by DrinkingHARDEST

What kind of idiot walks around with 100k in cash LOL!

You're just asking for trouble...

DH

Hehehe, I go out with a guy who had $100K buried in his yard. And yes, I know where.
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WarChild

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#42

03-11-2006, 03:29 PM

Originally posted by TopBucksTrixxxia

Actually, every transaction over $10k has to be reported - as a bank we had to have them fill documents of where the money came from for the RCMP. This means that the dealer will have to sign and report where this money came from.

Also, even if you deposit $2k a day for 5 days & it's not something usual, it has to be reported. Anything that is unusual, they have a right to ask you to sign the document for the RCMP. *This is for Canada at least*

Bank yes, car dealership no.

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#43

03-11-2006, 03:29 PM

Hehehe, I go out with a guy who had $100K buried in his yard. And yes, I know where.

If it's in the hills of Georgia I think it will never be found! I hope it's not close to his crop of funny smellin plants though.

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#44

03-11-2006, 03:38 PM

Originally posted by Rolo

A bunch of crazy politians have just made a new law in Denmark, which makes it illegal to spend more than $15500 cash

wtf, what a bs law

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broke

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#45

03-11-2006, 03:45 PM

Originally posted by polish_aristocrat

wtf, what a bs law

I know... it will interfere with all those law abiding Danes that normally walk around with 16K in cash hoping to find a sofa.

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#46

03-11-2006, 03:48 PM

This is obviously fantasy Land, you cant get an M6 for 100k. The M5 with decent options comes to 100k and that is with hookups like crazy.

THe m6 is rumored to come out the gates at 115k + and you will have to pay way over MSRP to pick it up anytime this century.
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#47

03-11-2006, 03:55 PM

Originally posted by broke

I know... it will interfere with all those law abiding Danes that normally walk around with 16K in cash hoping to find a sofa.

The terror attacks in London cost aprox. $1K... So, should free societies be affraid of people walking around with $1K cash?

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#48

03-11-2006, 04:04 PM

Same deal in AU, when I was buying my car recently he said I can pay with $10k+ cash, but it would have to be reported.

Are you doing something shifty or are you just throwing around the $100k cash concept for wank value?
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#49

03-11-2006, 04:10 PM

If you are trying to hide money from the canadian goverment good luck. All they have to do is come here and look over your posts and they also know what you look like.
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#50

03-11-2006, 04:26 PM

Originally posted by broke

I know... it will interfere with all those law abiding Danes that normally walk around with 16K in cash hoping to find a sofa.

so i guess you think the government can limit all civil liberties cause "noone who's honest shouldnt be afraid"

I don't use ICQ anymore.
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