FAQ

Frequently Asked Questions

Please read through the following for answers to frequently asked questions regarding iCashautos.
What qualifies as a cash purchase? Any vehicle purchased from a new car dealership when:

The entire purchase price on the Bill of Sale including any taxes and fees will qualify as cash when using any of the following payment methods:

  1. Customers personal checking and/or savings from their Bank, Credit Union, or Brokerage accounts.
  2. Customers personal Home Equity line of credit thru their Bank or Credit Union.
  3. Customer uses one or more credit cards for some or all of the entire purchased price.
  4. Customer pays for some or all of the entire purchase price with funds barrowed against a CD from their Bank or Credit Union.
  5. Customer uses equity in their trade-in or any other asset for some or all of the entire purchase price.
  6. Customer provides a check or draft from their bank or credit union for all or some of the entire purchase price.
  7. Entire purchase price is paid for using any combination of (1-6).
Does a pre-owned vehicle purchased from a new car dealership qualify?

YES

Does a new vehicle leased from a dealership qualify?

NO