Topics

Smart Car
Is a Social Security number required to buy a new car?
Is a Social Security number required to buy a new car?

Erica recently purchased a new car, and she intended to pay the full amount up front with a personal check. Nevertheless, she said the dealer insisted that she provide her Social Security number. Erica objected, saying it wasn't necessary because she wasn't leasing or financing the vehicle. The dealer, she said, replied that it was the law. Erica asks: Is it? ASK LAZ: Smart answers to consumer questions Such requirements vary from state to state. But there are some factors that will apply to all purchases of new cars. First of all, the dealer will want to run a credit check to see if you qualify for financing. Even if you have no intention of financing the car,...