View Single Post
Old 01-26-2011, 07:26 PM   #9 (permalink)
z...
Base Member
 
z...'s Avatar
 
Join Date: Nov 2009
Location: Columbia, S.C.
Posts: 47
Drives: 2011 370
Rep Power: 15
z... is on a distinguished road
Default

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.
z... is offline   Reply With Quote