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<p>[QUOTE="Gipper1985, post: 790610, member: 22390"]If you pay in cash in a single transaction or series of related transactions the dealer is required to report amounts of $10,000 or more. (See IRS form 8300 instructions.)</p><p> </p><p><a href="http://www.irs.gov/pub/irs-pdf/f8300.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.irs.gov/pub/irs-pdf/f8300.pdf" rel="nofollow">http://www.irs.gov/pub/irs-pdf/f8300.pdf</a></p><p> </p><p>If you pay by personal check or credit card then any amount your purchase will be "reported" to the IRS if your dealer is ever audited.[/QUOTE]</p><p><br /></p>
[QUOTE="Gipper1985, post: 790610, member: 22390"]If you pay in cash in a single transaction or series of related transactions the dealer is required to report amounts of $10,000 or more. (See IRS form 8300 instructions.) [URL]http://www.irs.gov/pub/irs-pdf/f8300.pdf[/URL] If you pay by personal check or credit card then any amount your purchase will be "reported" to the IRS if your dealer is ever audited.[/QUOTE]
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