A man walks into a bank in Manhattan and asks to speak with the loan officer. The officer comes out right away and asks, “How can I help you, sir?”
The man explains, “I’m going out of town on business for two weeks and I need to borrow $5,000.”
The loan officer nods and replies that the bank will need some form of collateral for the loan. Without hesitation, the man holds out his hand, drops a set of car keys into the officer’s palm, and says, “Those are the keys to my car parked out front.” He then hands over a small stack of paperwork and adds, “And here are the documents.”
Curious, the loan officer glances out the window and sees a brand-new Ferrari parallel parked directly in front of the bank.
He tells the man, “One moment, please,” and disappears into a back office to consult with the bank president. After confirming everything checks out, the two share a laugh about someone leaving a $750,000 Ferrari as collateral for a $5,000 loan.
The loan officer returns and tells the man that the bank will happily accept the Ferrari as security. An employee promptly drives the car into the bank’s underground garage and parks it safely.
Two weeks later, the man returns, pays back the $5,000 plus interest — a total of $15.41 — and prepares to leave. Smiling, the loan officer says, “Sir, we’re very happy to have your business. Everything worked out perfectly.”
Then he adds, “But I have to admit, we’re a little puzzled. While you were away, we looked into your background and discovered that you’re a multi-millionaire. Why would someone like you bother borrowing $5,000?”
The man replies, “Show me another place in Manhattan that’ll park a Ferrari for two weeks for fifteen bucks.”