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  1. Join Date
    Jul 2007
    Posts
    57,567
    #14
    Quote Originally Posted by dr. d View Post
    i have always bought cars on cash basis, with checques fresh from the bank.
    no issues, so far.
    My Dad has the same rule in our family. But when I was in grade school he paid paper bills in some instances lol.

    Quote Originally Posted by Niner_seven View Post
    The threshold is 500k -- moving that money like from savings/current to an MC would trigger questions for AMLC purposes.
    Which bank is that? Normally they will just ask what the purpose of the MC is.
    Last edited by _Cathy_; December 14th, 2017 at 03:44 PM.

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Buying a car in cash