D Tel: Travellers with over 6,700 must tell taxman

"Jonathan Bryce" <jonathan@localhost.localdomain> wrote in message
news:aeydnYXcCLwaYu7bnZ2dnUVZ8v3inZ2d@eclipse.net. uk...
> William Black wrote:
>
>> Now if you really do want to cause some chaos the next time you buy a car
>> and don't borrow the cash from the car dealer try to get hold of the
>> money
>> as cash and turn up at the dealers and give them the bundle...
>>
>> The dealer usually hasn't the facilities to bank the stuff on the
>> weekend,
>> he can't legally refuse the money and when the cash both leaves and
>> returns to the banking system it triggers a whole slew of silly enquiries
>> from various people about 'who, when, where and why'...
>
> I'm in the process of buying a new car at the moment. The dealer informed
> me that I can't pay more than £1,000 in cash. Debit card is their
> preferred means of payment.

Technically he can't refuse cash.

He can refuse to sell you a car but he can't refuse payment in 'coin of the
realm'.

--
William Black


I've seen things you people wouldn't believe.
Barbeques on fire by the chalets past the castle headland
I watched the gift shops glitter in the darkness off the Newborough gate
All these moments will be lost in time, like icecream on the beach
Time for tea.

William Black wrote:

> "Jonathan Bryce" <jonathan@localhost.localdomain> wrote in message
> news:aeydnYXcCLwaYu7bnZ2dnUVZ8v3inZ2d@eclipse.net. uk...
>
>>William Black wrote:

>>>Now if you really do want to cause some chaos the next time you buy a car
>>>and don't borrow the cash from the car dealer try to get hold of the
>>>money
>>>as cash and turn up at the dealers and give them the bundle...
>>>
>>>The dealer usually hasn't the facilities to bank the stuff on the
>>>weekend,
>>>he can't legally refuse the money and when the cash both leaves and
>>>returns to the banking system it triggers a whole slew of silly enquiries
>>>from various people about 'who, when, where and why'...
>>
>>I'm in the process of buying a new car at the moment. The dealer informed
>>me that I can't pay more than £1,000 in cash. Debit card is their
>>preferred means of payment.
>
>
> Technically he can't refuse cash.
>
> He can refuse to sell you a car but he can't refuse payment in 'coin of the
> realm'.

Actually I believe that he can. Only the government guarantees that a
particular form of payment will be acceptable. He probably could not
require that the sale contract be executed in a foreign currency.

> William Black wrote:
>> Technically he can't refuse cash.
>>
>> He can refuse to sell you a car but he can't
>> refuse payment in 'coin of the realm'.
>
"Jonathan Bryce" wrote
> Yes he can. The only time he can't refuse cash is in settlement of a
> debt.
> He hasn't given me the car yet, so there is no debt to settle.

Have you signed a contract of sale yet, though?
If so, does that say he has to give you the car *before* you pay?

In message <zKVci.970$aJ3.655@newsfe4-gui.ntli.net>, William Black
<william.black@.uk> writes
>Technically he can't refuse cash.
>
>He can refuse to sell you a car but he can't refuse payment in 'coin of the
>realm'.
>

Yes he can.
--
John Boyle

On Jun 17, 8:30 pm, John Boyle <j...@johnboyle1.> wrote:
> In message <zKVci.970$aJ3....@newsfe4-gui.ntli.net>, William Black
> <william.bl...@.uk> writes
>
> >Technically he can't refuse cash.
>
> >He can refuse to sell you a car but he can't refuse payment in 'coin of the
> >realm'.
>
> Yes he can.
> --
> John Boyle

Interestingly there is no "legal tender" concept in Britain. The issue
has been discussed I think on uk.finance with research centred on
Scottish, Northern Irish and Channel Island notes. It turned out that
even English notes aren't "legal tender" in the sense of certain other
countries' laws. Anyway, a dealer, or any retailer, can refuse to sell
for any reason other than those (discriminatory) criteria fixed in
law. Or in a case where there has been a binding unilateral offer or
bilateral contract. So it seems.