Ferrari Mailing List: Re: Learn from my error...

[Hans E. Hansen (FList]

Oh, and PS:  Just a bit of warning if you want to go the
cash route.  The police always showed up after such
transactions asking questions about the customer.
Any unusual behaviour, firearms present, any white
powder found on the money or in the trade-in, etc.  In
nearly all cases, we knew nothing (remember Sargent
Shulze?) about the customer other than that supplied
on the paperwork.

Hans.

On Tue, Feb 2, 2010 at 2:27 PM, Hans E. Hansen <FList [at] hanshansen.org> 
wrote:
> I was in the car business for many years.  Cash does not
> impress - in fact it's a royal PITA.  IRS paperwork, counting
> (usually several times with customer present to prevent
> error), and security issues storing and getting to the bank.
>
> Nope.  We always preferred check - personal check OK
> for local residents, cashier for people unknown to us, or
> finance.  It really doesn't matter, but please:  No cash.
>
> As far as a simple offer .vs. check on the desk:  Again,
> doesn't matter.  An offer is fine, and we almost never
> had anybody back out of a signed offer.  It was as good
> as done, as far as we were concerned.  Usually having
> a guy slam a check on the desk was a tip off that he was
> a jerk.
>
> Hans. (now out of the rat race....)
>
> On Tue, Feb 2, 2010 at 2:15 PM, Erik Nielsen <judge4re [at] gmail.com> wrote:
>> If you are serious, bring the IRS form with you for cash transactions
>> greater than $10k.
>>
>> Then watch them shit.
>>