3 ms·

You can actually do all of those things with cash. It's not conventional, but people do make all of those purchases with cash.

• krakensden 14y ago
  You'll notice all the qualifiers in my post- "nice" apartment, "new" car. Any vaguely reputable rental company is going to want a bunch of financial data, that proves you can afford it over the lifetime of the lease. You can't do that with 100 grand in a suitcase. Any new car is going to be over 10k, which means you need to either report the transaction or get a loan from a bank... who is going to want proof you can pay it off. Housing is the same thing. So yes, you can use cash- but you're going to have a hell of a time using cash that doesn't have an obvious, legal source.