The Original i30 Owners Club

GENERAL STUFF => GENERAL DISCUSSIONS => Random Chit Chat => Topic started by: eye30 on January 30, 2009, 13:10:24

Title: A canny scot.
Post by: eye30 on January 30, 2009, 13:10:24
A  Scottish man walked into a bank in New York City one day and asked for the loan officer.

He  told the loan officer that he was going  to Scotland on business for two  weeks and needed to borrow $5,000.

The  bank officer told him that the bank would need some form of security  for the loan. The Scot handed over the keys to a new Ferrari parked  on the street in front of the bank. He produced the title and  everything checked out.

The  loan officer agreed to accept the car as collateral for the loan.  The bank's president and its officers all enjoyed a good laugh at  the Scot for using a $250,000 Ferrari as collateral against a $5,000  loan.

An  employee of the bank then drove the Ferrari into the bank's  underground garage and parked it there.

Two  weeks later, the Scot returned, repaid the $5,000 and the interest,  which came to $15.41.

The  loan officer said, 'Sir, we are very happy to have had your  business, and this transaction has worked out very nicely, but we  are a little puzzled. While you were away, we checked you out and  found that you are a multi millionaire. What puzzles us is, why  would you bother to borrow '$5,000' ?

The  Scot replied: 'Where else in New York  City can I park my car for two weeks for only  $15.41 and expect it to be there when I  return!'
Title: Re: A canny scot.
Post by: bumpkin on January 30, 2009, 13:22:56
 :lol: :lol: :razz:
Title: Re: A canny scot.
Post by: Hemmi on January 30, 2009, 14:06:33
 :lol:
Title: Re: A canny scot.
Post by: Dazzler on January 30, 2009, 21:46:25
That's a classic  :D ( Is it based a on a true story  :eek:)

And is your other car a Ferrari ?
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