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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It depends on the context… if it’s a restaurant or market stall, “cash only” would mean physical currency.
When it comes to larger purchases like a car or house, “paying cash” means having all the money available up front vs. needing to apply for a loan to pay for the purchase. But it doesn’t mean walking into a car dealership with $50k in 100 dollar bills. It just means you’re going to write a check, wire the money from your bank or whatever vs. needing to get a car loan.
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