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Reply to "Does car dealer really need my social security number if I pay cash?"
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[quote=Anonymous][quote=Anonymous]I rarely give it out. Vehicle is $45,000 and I’m paying cash (cashier’s check) They claim they need to report it to the IRS because it’s over $10,000. I don’t want them running a credit check (which lowers my credit) and will make it clear they do not need to do that. But is this legit here in Maryland? Our last car was purchased privately and before that in Rhode Island and they didn’t ask for social security numbers. [/quote] If you can pay $45k cash for a car, why do you care about the minor blip to your credit rating that a credit check would cause?[/quote]
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