Originally Posted by BMWcoupe335ii
Yeah, I bought it straight cash (100 dollars bills) they just needed my latest tax return papers, 1 month of paycheck stubs, and they had to contact the IRS about the purchase, and they contacted my employer. Any down payment that is over 10,000 they have to contact the IRS. But after everything checked out I was on my way.
Say what? Yes, anything over 10k aggregate is reported to the IRS, but give us a break--you had to provide your tax returns, paystubs, and your employer's tel# when you were paying cash?
Either they like your stacks of 100's, or they can kiss your $$$ goodbye!