Hey!

So I got the 2003 Honda Accord EX sedan that I've been wanting (thanks to Jimmy for the info and everyone else).

Now my question.

I put a 10,000 down on the car. The problem is, my dad doesn't want Honda to send the info to IRS...because he doesn;t want them to know where the money comes from. To be quite, I have NO idea what he's talking about.

All he wants me to do is call the HOnda dealership that I bought my car from and ask them NOt to send the info to IRS because he doesn't want IRS to know we put 10,000 down on the car (yes, the money is clean..we didn't steal it or anything =P ).

Do you think Honda can do that? And should we even worry about it? In my opinion, I think my daddy worries too much..but he wants me to do it and I can't say no. ARGH!

 

:thumbup: congrats:hugglez:

 

Thanks!! =)

 

what are you gonna do w/ ur old car?

 

I gave it to my brother, who just got his license a month ago.

 

It's the law so they will have to report it.

so just put down $9999

 

if u put down $9999, they wont report it? LOL..

But it's kinda too late seeing how I bought the car a week ago =P

 

yeah, anything $10k and up has to be reported.

 

cool i didn't know that $10k is the magic amount.
learn something new everyday:tony:

 

it shouldn't be a problem as long as you don't buy the whole car in cash... legally, the dealeship will have to report it, BUT if you happen to know a shady character at the dealership he/she might be able to help you. OC (HINT, HINT!!!)