Quote:
Originally Posted by dnlz
While we were at the dealership, I looked it up and it seems like this is a BMW policy, not something specific to the dealer. It kind of makes sense since they have no way to instantly verify if a cashier's check is real. According to them, same-day ACH transfers are limited to fifty thousand dollars. They said the only alternative would be to come in about a week early to complete payment in advance.
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This last December I picked up my M8 and owed $110,000 to the dealer. They said they could not take a check over $100K, but I could write two personal checks for $55K each. Any chance your finance dude just didn't think of splitting it into two transfers?