How a Businessman Parked his Rolls-Royce in NYC Garage for $15.40 per Week

This is not so much about marketing, rather fun and witty post. Keeping it light today.

Before going to Europe on a business trip, a man drove his Rolls-Royce to a downtown New York City bank and went in to ask for an immediate loan of $5,000.

The loan officer, taken aback, requested collateral and so the man said, “Well then, here are the keys to my Rolls-Royce.” The loan officer promptly had the car driven into the bank’s underground parking for safe keeping, and gave him $5,000.

Two weeks later, the man walked through the bank’s doors, and asked to settle up his loan and get his car back. “That will be $5,000 in principal, and $15.40 in interest”, the loan officer said. The man wrote out a check and started to walk away. “Wait sir”, the loan officer said, “while you were gone, I found out you are a millionair. Why in the world would you need to borrow $5,000?”

The man smiled and said … “Where else could I park my Rolls-Royce in Manhattan for two weeks and pay only $15.40?

4 Comment(s)

  1. LOL :)

    Igor, could you please tell me the source of this story …

    Sergey Petrov | Feb 24, 2007 | Reply

  2. Sergey, it was in our company’s newsletter. Clever huh? :-)

    Igor Mordkovich | Feb 24, 2007 | Reply

  3. Is this story invented? :)

    Sergey Petrov | Feb 24, 2007 | Reply

  4. Yes Sergey, this story is invented. I have heard it told a few different ways.

    Mark B | Feb 27, 2007 | Reply

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