Pay with CASH. Do they require Social Sec Number?
 

I want to purchase this used car which i want to use for daily commute. I can't drive my Z in stop-and-go traffic everyday, it's not fuel efficient car.

So the dealer and I agreed for $12500 out the door. I went to the bank and get a cashier's check for that amount. Then the dealer made me fill out the application with my social security no. I refused and walked away.

Is it the law to require you to fill out your ssn eventhough you pay with a cashier's check. Even my bank didn't care. I have nothing to hide but the Fed can track me thru my cashier's check, why do they care about my SSN.

The only time i give out my SSN is when I finance the car, which in this case, i'm not.

From what I understand, any purchase over 10 grand must be reported to the feds by the seller. So yeah, you probably do need to give them your SS and info.

Correct and totally legit.

Yup. Just fork it over bro.

its been said before...they need to verify you're not using dirty money or laundering money by running your credit.

Get one check for 9k and another for 3.5k next time.

That wouldn't work because it would be reported against one purchase totaling over $10k.

Search form 8300 through google.

It only needs to be reported (form 8300) if you pay with greenbacks. If you bring a personal check or cert check any dealer does not have to fill that out. if they are a dealer that obeys all regulations they need to verify OFAC and identity theft to ensure your not a criminal or wanted by the govt or did not steal someone's identity.(do not need a s.s # they can use 123-45-6789). Starting 01/01/11 they also need a risk-based-analysis notice that tells you your credit score. (that is only if you finance with them). I am a finance mgr at a dealership... if you have any other questions i would be more than happy to help out.

so I read the IRS site, it said if i paid with a cashier's or personal check over $10K then the dealer wont have to fill out the form.

Also only cash transaction over 10K is reported. I'm not making cash transaction. they can't track cash, but they sure can track bank or cashiers check.

Tax purposes for sure.

Sucks to be ballin..

did u provide your bank your SSN ?? if yes, then the Fed can track you down by using that cashier check anyways ??