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re: Is a car purchased from a used car lot lower when paid for by cash rather than financed?

Posted on 5/4/24 at 5:10 pm to
Posted by dkreller
Laffy
Member since Jan 2009
30400 posts
Posted on 5/4/24 at 5:10 pm to
quote:

Pretty hard to do without the purchasers consent.

How is the buyer involved in a dealership’s accounting practices?
Posted by BigBinBR
Baton Rouge
Member since Mar 2023
4416 posts
Posted on 5/4/24 at 5:12 pm to
quote:

How is the buyer involved in a dealership’s accounting practices?


Because the purchase price has to be recorded and provided to the state so they know how much to charge the purchaser for the taxes. Basically they would be cheating on their taxes and your taxes.
This post was edited on 5/4/24 at 5:14 pm
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