A car salesman insisted that they had to run a credit check "by law" to sell me a new car, even though I was not applying for financing. I left, and want to confirm whether it's true or not before I visit the next dealership. This is in Washington state.
2007-11-22 17:14:57 · 8 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
if you are paying cash there is no need to run a credit check, that is only if you are getting a loan.
2007-11-22 17:24:01 · answer #1 · answered by native 6 · 3⤊ 1⤋
There's no such Federal Law. I don't know what the Law is in Washington State. I do know that there is no legitimate reason to run a credit check for a cash transaction. The salesman may have wanted to collect a fee for a check he wouldn't run. Or he could be an identity thief. Your credit info contains all kinds of things that can be used to steal your credit or establish a new identity for an illegal alien.
Report the matter to the State's Attorney's Office Consumer Fraud Division. They might find it interesting. Most prosecutors take a dim view of people making up laws.
2007-11-23 04:25:02 · answer #2 · answered by Anonymous · 1⤊ 0⤋
I'm not sure what the laws are in Washington but you may want to research that. Also you can contact other dealers and find out if this is a true statement. If it is a law you may ask them to show it to you so that you can research it and make a decision from there. If i were you I would do some more research myself and find out what the LAW is on that.
It seems to me that if your buying a car outright with cash in hand they wouldn't need to run a credit check since your credit score is not an issue.
GOOD LUCK
2007-11-23 01:26:37 · answer #3 · answered by miguel z 2 · 2⤊ 1⤋
May be go check out a different car dealership and see what they say. I don't see why they would need to run a credit check if you are paying with cash.
Is the car dealership reputable? or is it one of those sleazy ones that are just trying to rip people off.
2007-11-23 01:50:43 · answer #4 · answered by freakylinks44 1 · 1⤊ 0⤋
Now when you say cash are we talking about HARD MONEY cash. In a brown paper bag kind. Or are we talking about you writing a number on a piece of paper. If writing a check they most likely want to see if your credit shows anything out of the ordinary. Making sure your a pillar of society that's all.They don't want to be out of a new car with a bounced check.
2007-11-23 03:41:59 · answer #5 · answered by Andres C 2 · 1⤊ 0⤋
Makes no sense to credit check a cash customer.
They will always try to sell you financing.
Salesmen play a 'dominance` game.
They try to get and keep control of the process.
This is probably a part of that.
2007-11-23 02:27:53 · answer #6 · answered by Irv S 7 · 1⤊ 0⤋
Absolutely!!!
2007-11-23 13:29:56 · answer #7 · answered by TAZZZZ 3 · 1⤊ 0⤋
NEVER HEARD OF THIS AND IT SOUNDS LIKE THE SALESPERSON IS JUST NOSY, GO ELSEWHERE AND BUY.
2007-11-23 07:36:51 · answer #8 · answered by Anonymous · 1⤊ 0⤋