Car joke of the day: How to park for cheap in New York

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Car joke of the day: How to park for cheap in New York

A Chinese man walks into a bank in New York City and asks for the loan officer. He tells the loan officer that he is going to China on business for two weeks and needs to borrow $5,000.

The bank officer tells him that the bank will need some form of security for the loan, so the Chinese man hands over the keys of his new Ferrari parked on the street in front of the bank. He produces the title and everything checks out.

The loan officer agrees to accept the car as collateral for the loan.

The bank’s president and its officers all enjoy a good laugh at the Chinese man for using a $250,000 Ferrari as collateral against a $5,000 loan. An employee of the bank then drives the Ferrari into the bank’s underground garage and parks it there.

Two weeks later, the Chinese man returns, repays the $5,000 and the interest, which comes to $15.41. The loan officer says, “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 Chinese man replies: “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?”

The above is just a joke that was circulating on the Internet. Fuel for thought? Maybe.

Source: The star



this article is old i read it a few months back but its funny!!

yea so my grama can do beter

Nice one! The bankers didn’t come out in a good light though.

it’s great idia for banking business )))

hey real gud one. smart joke.

so wat!!!!

yeah chinese people are smart who would have thought of that! i wanted to see the loan officers face after he said that where can you park for $15 over 2 weeks in nyc.

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