I paid cash for a car, yet the fuckers still wanted my SSN
 

So they could run a credit check.

What the fuck?

My money isn't good enough for you?

Maybe to make sure you are not wanted? I don't know... seems a little starnge to me too. Did you ask why they needed a credit check if you were paying for the car outright?

:eek7


Waitaminute. You paid cash. They still needed a credit check. WHY?!

You sure it was to run a credit check? If you are paying enough cash, I believe they are required to mention the transaction to the IRS.

Didn't they have to process the sales tax and temporary tags? If I had to guess I would say it has something to do with taxes.

I bought a new car in cash way back when money was flowng like a river and they still needed my personal information.

You should have told them to GFY and gone to another dealer. I wrote a check for a car a couple of years ago and all they did was call the bank to verify funds. No credit check and no SSN bullshit. I don't have my SSN on my license so all the title paperwork got filled out with my operator's license number.

But your state could be different and require them to record your social beacuase of the value of the car and tax purposes.

Definatly not for a credit check. Has to be something else. Especially if your buying not leasing. Even if your leasing and putting down a big downpayment they dont check anything.

You know how those fucking salesmen are.

"Oh well it's just a standard thing we do".

"But why?"

"Oh, it's just standard policy that our management requires".

"But why?"

"Ok, sir, just sign here and we're all done."

:BangBang:

AaronM is right. I think any transaction over $9,000.00 cash has to be reported to the IRS right away. I didn't even think of that. I just assumed it was a $1,500.00 sha-bang :1orglaugh

Delaers don't check credit to lease a car? Where the fuck are you from? LOL

That's what I was thinking. If the total was over $10,000, they will report you. I bought a brand new car last year as a gift for my sister and the final cost was $8000. I paid cash. The dealership never even asked my name.. :thefinger

Nice car :glugglug

Good gift for her -- but not a car I'd drive....
I'm *spoiled* :girl

large cash transactions have to be reported

the saleman was just doing his job

The IRS knows everything. They are the Big Brother watching over all of us.

You gonna leave me hanging like this? If so...It's already over. :1orglaugh

http://www.gofuckyourself.com/showth...hreadid=269675

calendar - this is the best I can do.

You're not going to the summer Internext? The winter one sucks in comparison....For business anyway.


Let's hook up in San Diego during CybernetExpo.

I'm a featured speaker on one of the pannels....Gee....Aren't we all impressed now?

Not. :glugglug

Other than the parties, I'm not sure why I attend Internext. I may go to Hollywood, FL -- still unsure. I recently met Candy Cassidy and since she lives in Florida, I'm seriously considering going now... :winkwink:

San Diego will be fun. After my photoshoot I'll probably go partying at either Moose's or Plum Crazy. :thumbsup

NEVER allow some place to run a credit check on you unless AB-SO-LUTE-LY needed. Make them TELL you WHY they want to run one and why they can't get along without it. If they don't have a good explanation, tell them no. (I have gotten it in writing as to why they ran a check a couple of times when I wasn't totally convinced as to the need)

Credit Lenders etc get this look :( on their faces when they see how many times in a given period of time (varies or used to) that someone ran your credit... It CAN result in a denial on a perfectly sound credit record. You can have a million in the bank, and have 20 runs on your rating and be denied!

Just a FYI for you younger people. ;-)p

Right ON !! Expect a call in the near future:2 cents:

Pretty standard operating procedures for a car dealership now a days to run a credit check to "verify identity" on cash purposes. For reporting to the IRS and title. I think it came about when a buy-here-pay-here car dealership was held liable by a court when the car sold that day was used in a bank robbery and someone got ran over by the get away vehicle. The cops went to the dealership who sold the vehicle but the name was fake of course.

I am not sure if this is correct but just what I found out a few years ago.

V

Anything over $9999 and they report the sale to the IRS, it's the law in the states.

If you want to pay anonymously for a car in cash, get your momma or sister to do it with a $9k down payment and then just set up an account in their name and have the payments auto withdraw from the account. That's if you trust em, if you don't, just buy a car out of the newspaper, half of those come from the chopshop anyways, just make sure they put it's worth less than 10k on the title and your golden.:thumbsup

I've purchased two vehicles in the last year with cash and no one ran a credit check. I think they asked for ssn, but I made sure there would be no credit check run. Neither car was over $9,000 though.

maybe they wanted to bang you out for the undercoating :Graucho

go to ather car seller... :winkwink: you sould do it bro!

Guys, you all are missing the real reason why, its part of the the Domestic Security Enhancement Act of 2003. a.k.a. Patriot Act II

One part of the act redefines what a financial institution is besides banks, credit unions, and savings and loan organizations.

Now the definition also includes brokers and dealers registered with the Securities and Exchange Commission, investment bankers, operators of credit-card systems, insurance companies, dealers in precious metals, stones, or jewels, licensed senders of money, telegraph companies, airplane and boat dealers, Realtors and estate closings, and the U.S. Post Office.

All in the name of fighting terrorism, feeling safer yet? :1orglaugh

When I got my F-150 I paid 100% cash, it was about 27K and they just took my money and got my DL info for the DMV or whatever.. never asked for my SS number

If you paid with a check, then the dealership would have to run a credit check due to that anyone can come up with, say a 100k check for a nice BMW.

But.. If you paid with a cashier's check, then it is up to the dealer if they want to run your credit.

By that point, you can say that you will not buy the car if they run your credit..

In those cases.. They will wave the report.


It depends on the state you purchase the car in.

I bought my car the same way and they wanted the same info. The dealer told me it was to report to the government because a lot of drug money is laundered through automotive purchases. Any cash transactions with dealers needed to be reported to the government.

WG

It is a tough life to live when your rich :glugglug

Absolutely correct, you will be branded a credit seeker, not a good thing:2 cents: