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Originally Posted by m4a1mustang Cash transactions over $10,000 have to be reported. This is why when you buy car with cash you pay in installments of $9,999. That's how my

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09-21-2011, 10:35 AM

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b1adesofcha0s

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Quote:

Originally Posted by m4a1mustang

Cash transactions over $10,000 have to be reported.

This is why when you buy car with cash you pay in installments of $9,999. That's how my old account professor buys her cars.

Ahh makes sense. So you just get a loan for the rest of the amount and then just pay it off in $9,999 installments?

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