Question:
I'M LOOKING TO PURCHASE A MOTORCYCLE THAT'S WHY I ASKED.
Answers:
How do I get Rid of Pizza Smell in my car?
There are other issues to consider rather than if you can. It's a big hassle for both you and the business if you spend that much cash. you both have to fill out forms for the IRS. This is a law put into place recently to stop money laundering for terrorists. Expect a background check and a credit check. It's just a big time red flag for many businesses, especially if you are a first time customer with a ton of cash. A better option is to use your bank to transfer your funds. You can go as far as bringing in a print off of your current bank statement and work with the seller to meet your terms if you don't want to finance.If you can get a really low finance rate, one that's under your current bank account rate go for it. deposit your cash and make a bit of money on your cash. Think about it, the banks just want your money, if you can work a deal to get a rate of %0 for a year, or a low %2.5 option, and your bank gives you a %3-5 rate, why not milk the extra %0.5-2.5. Something to consider.
Does anyone know how old you have to be to finance a car in AL?
There will be some debate on this I'm sure. Myself, I like to pay cash and not have to worry about the payments and I don't like paying the interest. Eapecially since it is not tax deductible like on a house.The transmission went out of the truck I bought on the way home. Can I get my money back?
it all depends. If you were just to pay 10% downpayment and finance the rest, what is the interest like? Do you know what to do with the rest of the 90%? Do you have any investment tat will generate you more % than the interest? If you do not know or no sources on investment, pay off the motorbike and save on the interest.otherwise invest in a higher return investment that can pay your loan and have additional income for yourself :)What "special offers" (customer cash) has Toyota offered in the past year or so?
Money talks! Walking with cash in hand will get you a better deal.I financed my car
then paid it off in 2 months to increase my credit worthiness/credit score
If you are trying or need to build your credit, finance it but if you dont need to then cash would be the way to go =)
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