Today, all young people are dying to get a car. Impatient, many of them, failing to pay for a car of their choice, opt for a rental. On the other hand, there are others who opt for a purchase. But the mistake they make is to pay cash to the car seller. Find out in this article some reasons why you should never pay cash for a car.
To avoid becoming a victim of fraud
Today, it is possible to pay for a car with cheques or cash. But the latter is strongly discouraged. It is wise not to pay for a car in cash. There are several reasons for this advice. The first reason relates to the person who wants to sell you the property. If they want you to pay in cash, they are not honest and this should scare you. Go to https://www.free-answers.com to find out more.
You have to understand that for them, this is the only way not to be found when they have a problem with the car. So, if there is a problem, you can no longer turn against someone because your seller has disappeared. There is also no proof that the car belonged to him. By paying cash, you can be suspected of being a fence.
To avoid getting into trouble
If there is another reason why it is advisable never to pay for a car in cash, it is to avoid being in the wrong. Generally, buying a used car is a bit expensive. Better still, if the person who wants to sell you the car insists that the payment is in cash, it will be illegal, as it will exceed the maximum amount allowed by law. And if the payment is not in accordance with the condition of the car, your insurance will not be able to help you in case of damage to a third party.