My other car thread got me thinking.....

[PAB]

Whats the most you would spend on a car in cash? No financing, no trade in, write a check and drive it home.

I feel kinda uneasy having a really expensive car thats just going to sit becuase of shopping carts and women on cell phones.

 

[ViviTheMage]

under 15,000$

 

[Xyclone]

Originally posted by: PAB
I feel kinda uneasy having a really expensive car thats just going to sit becuase of shopping carts and women on cell phones.

QFT, I feel your pain. :thumbsdown:

 

[KK]

shens,

PAB doesn't think.

 

[MedicBob]

"My other car thread got me thinking....."


I should have posted this in there.

 

[mooncancook]

Originally posted by: PAB
Whats the most you would spend on a car in cash? No financing, no trade in, write a check and drive it home.

I feel kinda uneasy having a really expensive car thats just going to sit becuase of shopping carts and women on cell phones.

1. If I have a great deal of cash, I'll use most of them for investment and finance my car.
2. That's what insurance is for, and park your car further in the parking lot.

 

[BD2003]

Originally posted by: mooncancook

Originally posted by: PAB
Whats the most you would spend on a car in cash? No financing, no trade in, write a check and drive it home.

I feel kinda uneasy having a really expensive car thats just going to sit becuase of shopping carts and women on cell phones.

1. If I have a great deal of cash, I'll use most of them for investment and finance my car.
2. That's what insurance is for, and park your car further in the parking lot.

Insurance is for fraud to some people.

 

[thomsbrain]

Originally posted by: BD2003

Originally posted by: mooncancook

Originally posted by: PAB
Whats the most you would spend on a car in cash? No financing, no trade in, write a check and drive it home.

I feel kinda uneasy having a really expensive car thats just going to sit becuase of shopping carts and women on cell phones.

1. If I have a great deal of cash, I'll use most of them for investment and finance my car.
2. That's what insurance is for, and park your car further in the parking lot.

Insurance is for fraud to some people.

what do you expect from a pathological liar?

 

[funboy6942]

You need to understand there is a limit as to how much you can fork out in cash till they have to report you to the feds.

I dont know the limit off hand but I want to say it like $5-$8K, and thing at that point and over you have to sign a piece of paper, and they have to send it in, and chances are super high you will get a audit.

 

[BooGiMaN]

I'd like to see a nude opera, because when they hit those high notes, I bet you can really see it in those genitals

-Jack Handy

 

[olds]

I am looking at sports cars now, I want to buy one before I retire. I am leaning towards the Porsche 911 Turbo but may go for the GT3 RS. The wife is getting the getting the BMW M6.
Paying cash is the only way to go.

 

[ponyo]

I wrote a check for around $104,000 to my Porsche dealership back in early 2000. But that was for two Boxsters. So it's really $54,000 since I loaned the other $50,000 to my cousin so he could get one.

50k cash about the most I'll spend on a car at the moment.

 

[randomlinh]

$500k. Ok, I didn't buy it outright, but I put it as a down payment for a new veyron. They told me it might be a few more months since I'm so late. I just barely made the cutoff. My stocks should be flying by the time it's ready, so I'll cash out and pay the rest.

 

[PAB]

Originally posted by: funboy42
You need to understand there is a limit as to how much you can fork out in cash till they have to report you to the feds.

I dont know the limit off hand but I want to say it like $5-$8K, and thing at that point and over you have to sign a piece of paper, and they have to send it in, and chances are super high you will get a audit.

Wrong. If you buy a car private sale, the seller has no obligation to report your currency transaction.

If you buy a car from a dealer in the state of FL and pay over $10k in cash, they have to report.

However, if you read the original post I said "Write a check and drive home"

 

[Raduque]

$150

 

[zoiks]

I paid 24k cash for my G35.

 

[overst33r]

Originally posted by: oldsmoboat
I am looking at sports cars now, I want to buy one before I retire. I am leaning towards the Porsche 911 Turbo but may go for the GT3 RS. The wife is getting the getting the BMW M6.
Paying cash is the only way to go.

You have cash for a GT3 RS? Holy crap.

 

[George P Burdell]

My other car thread got me thinking.....

That does not compute. Danger, Will Robinson!

 

[funboy6942]

Originally posted by: PAB

Originally posted by: funboy42
You need to understand there is a limit as to how much you can fork out in cash till they have to report you to the feds.

I dont know the limit off hand but I want to say it like $5-$8K, and thing at that point and over you have to sign a piece of paper, and they have to send it in, and chances are super high you will get a audit.

Wrong. If you buy a car private sale, the seller has no obligation to report your currency transaction.

If you buy a car from a dealer in the state of FL and pay over $10k in cash, they have to report.

However, if you read the original post I said "Write a check and drive home"

OH my bad I took: Not Financing and not trading in, you were buying from a dealership, and not private party, because I didnt know most private parties did in house financing, and took trade ins. My bad for reading your thread and not knowing you meant you were buying from a private individual with what you wrote, never new people did did financing and took trade ins on their own, I need to move where you live and get some private party in house finance deals then

And yes I know private parties dont have to tell on you, I just assumed with what you wrote you were going to a dealership and thought you would want to know they would turn you in, my bad for looking out for you. Next time I wont bother.

And BTW cash-check same damn thing, at a dealership, they will still report you.

 

[j00fek]

stop posting

 

[Mrfrog840]

I would pay at least 50 percent cash, finance the rest, build more credit unless you already are above 800

 

[ponyo]

Originally posted by: funboy42

Originally posted by: PAB

Originally posted by: funboy42
You need to understand there is a limit as to how much you can fork out in cash till they have to report you to the feds.

I dont know the limit off hand but I want to say it like $5-$8K, and thing at that point and over you have to sign a piece of paper, and they have to send it in, and chances are super high you will get a audit.

Wrong. If you buy a car private sale, the seller has no obligation to report your currency transaction.

If you buy a car from a dealer in the state of FL and pay over $10k in cash, they have to report.

However, if you read the original post I said "Write a check and drive home"

OH my bad I took: Not Financing and not trading in, you were buying from a dealership, and not private party, because I didnt know most private parties did in house financing, and took trade ins. My bad for reading your thread and not knowing you meant you were buying from a private individual with what you wrote, never new people did did financing and took trade ins on their own, I need to move where you live and get some private party in house finance deals then

And yes I know private parties dont have to tell on you, I just assumed with what you wrote you were going to a dealership and thought you would want to know they would turn you in, my bad for looking out for you. Next time I wont bother.

And BTW cash-check same damn thing, at a dealership, they will still report you.

What are you talking about?

Cash and check are not the same thing. Dealership only report cash transactions above 10k. No such requirement with a check as it has a paper trail.

Most dealership I dealt with prefer you pay by check rather than cash for security and convenience factor.

 

[funboy6942]

No, now thanks to terrorist attacks, yeah ok, it is against the law for you even to have $10k in your possession. If you get pulled over with that in your pocket they can take it away from you, claiming its drug/and or terrorist funds even if you have no record of such, ever. If you pay for your car with any checks being money order, certified, what ever, it must be reported, and in some cases must be reposted if you buy american express checks in amounts over $3K. And because you paid over $10K it gives the feds the right now to search your home and spy on you for fear you may be laundering money or are a terrorist.

 

[ponyo]

Originally posted by: funboy42
No, now thanks to terrorist attacks, yeah ok, it is against the law for you even to have $10k in your possession. If you get pulled over with that in your pocket they can take it away from you, claiming its drug/and or terrorist funds even if you have no record of such, ever. If you pay for your car with any checks being money order, certified, what ever, it must be reported, and in some cases must be reposted if you buy american express checks in amounts over $3K. And because you paid over $19K it gives the feds the right now to search your home and spy on you for fear you may be laundering money or are a terrorist.

lay down the crackpipe.