I feel like this is an exceptionally dumb question but, does paying in “cash” limited to paying with paper currency? Or would paying for something, say a vehicle, in full and with a debit card also qualify? so, basically, does not paying with credit or in payments qualify?
Also, paying in full with a debit card is a preferred method for a car dealership, right? Would that be something that one could offer in negotiation in order to bring the price down a bit?
Thanks for anyone who answers this. Much appreciated and have a good day.
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For small transactions, including most everyday purchases, paying in cash specifically means using physical money.
For very large purchases, like cars and houses, you sometimes hear about “paying in cash” meaning that you paid for it without using a loan. This doesn’t necessarily mean you used actual physical money: debit cards, bank drafts, or even checks can qualify. But this sense of the term is generally only used for very large purchases, the kind that most people would have to take out loans to buy.
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