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dflprincess

(29,135 posts)

16. You are correct

Thu Apr 3, 2025, 06:49 PM

Apr 2025

Last edited Fri Apr 4, 2025, 03:38 PM - Edit history (1)

I was able to avoid financing when I bought my new car 18 months ago & they needed my SS#. When I questioned it, they said credit still gets checked for larde cash transactions. I suppose that's a way to confirm I (or thei dealership) wasn't laundering money

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BlueKota

54 replies

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My sister bought a Chevy Blazer today. [View all] BlueKota Apr 2025 OP

i thought new car prices were gonna plunge thanks to tariffs....lol nt msongs Apr 2025 #1

Nope and the used ones BlueKota Apr 2025 #11

Depends on who you're listening to. dchill Apr 2025 #12

And gas was going to be $1/gallon, and... COL Mustard Apr 2025 #26

First I ever heard of give a car dealer a SS number. Historic NY Apr 2025 #2

Yes. underpants Apr 2025 #5

I will not be financing so they will never get mine at a car dealer 😁 Meowmee Apr 2025 #7

As long as you... Chemical Bill Apr 2025 #25

Yes probably but they don't have my bank accounts because Meowmee Apr 2025 #44

My friend mailed a paper check to the IRS last week central scrutinizer Apr 2025 #48

Yes me too Meowmee Apr 2025 #50

We opened a separate account for direct deposits. n/t Chemical Bill Apr 2025 #53

That is what we will do and not attached to the other accounts. Meowmee Apr 2025 #54

I think you also have to give it when checks BlueKota Apr 2025 #8

You are correct dflprincess Apr 2025 #16

They also need it for certain cash or cash and check transactions. For IRS reporting Hassin Bin Sober Apr 2025 #52

They required mine when I paid cash for a car iemanja Apr 2025 #34

I would have told him no on the SS. Take it or leave it. Bengus81 Apr 2025 #3

I agree. It's ridiculous. About a month ago, I went to my bank... Mark.b2 Apr 2025 #10

Heh, over $10k means exactly $10k is under the limit. eggplant Apr 2025 #18

Dang! I could have gotten one more dollar. Mark.b2 Apr 2025 #20

Not sure, but DENVERPOPS Apr 2025 #31

They are definitely supposed to report people who try to skirt the rules. eggplant Apr 2025 #32

Drug dealers Magilla Apr 2025 #38

As I understand it, the $10k limit for withdrawl was a bank policy to protect... Mark.b2 Apr 2025 #36

The Bank Secrecy Act Cirsium Apr 2025 #51

Years ago Magilla Apr 2025 #37

Still probably was reported to the IRS even though it was $9,999 MichMan Apr 2025 #29

I was just an old man wanting to buy a new tractor... Mark.b2 Apr 2025 #39

You showed her ! MichMan Apr 2025 #41

Good to know. Thanks! Mark.b2 Apr 2025 #42

What's funny is that we live in a rural area, so people buying tractors happens regularly. MichMan Apr 2025 #43

So what does the bank do if they say a celebrity needs money, refuse to give them their own money? Meowmee Apr 2025 #45

They counsel them that they are being scammed, but can't ultimately refuse them MichMan Apr 2025 #46

That's been the law for ages. iemanja Apr 2025 #35

Know Your Customer laws radius777 Apr 2025 #47

I've never had any issues with my credit union central scrutinizer Apr 2025 #49

It's permeating underpants Apr 2025 #4

Definitely BlueKota Apr 2025 #15

Yep, wish I had bought my car in September before the election or even January before Meowmee Apr 2025 #6

It just sucks that we are all going to pay because BlueKota Apr 2025 #14

Really glad your sis got in under the wire. Funny about the salesman & his coffee! Hekate Apr 2025 #9

Thank you. She's been really nervous about it. BlueKota Apr 2025 #13

Thine GM should be an EV. the Equinox / EUV wow. swampthingdc Apr 2025 #17

Welcome to DU ... aggiesal Apr 2025 #23

It used to say NOT FOR IDENTIFICATION on the Emile Apr 2025 #19

I'm not giving my social security number to buy a car. That is all n/t aggiesal Apr 2025 #21

Chevy Blazer is made in Mexico and China of Chinese parts IronLionZion Apr 2025 #22

The Traverse was what she just traded in. BlueKota Apr 2025 #33

Gonna be a least a decade before I look at cars. roamer65 Apr 2025 #24

Got my Chevy Trax DownriverDem Apr 2025 #27

If there were tariffs coming, it would have been made in South Korea MichMan Apr 2025 #30

That's reality folks. OAITW r.2.0 Apr 2025 #28

The only people who need your SSN is your work and the IRS. Mosby Apr 2025 #40