Bubba
10-12-2008, 04:51 AM
#1
Contributors
Thread Starter
Join Date: Aug 2007
Location: Atlanta Burbs
Posts: 1,871
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 08 550 Carbon Sport Almost everything factory, but no sound upgrades.
Bubba, a country boy from Georgia walked into a bank in New York City and asked for the loan officer. He told the loan officer that he was going to California on business for two weeks and needed to borrow $5,000; and that he was not a depositor of the bank.
The bank officer told him that the bank would need some form of security for the loan, so the Bubba handed over the keys to a new Ferrari. The car was parked on the street in front of the bank. Bubba produced the title and everything checked out. The loan officer agreed to hold the car as collateral for the loan and apologized for having to charge 12% interest.
Later, the bank's president and its officers all enjoyed a good laugh at the country boy from the south for using a $250,000 Ferrari as collateral for a $5,000 loan. An employee of the bank then drove the Ferrari into the bank's underground garage and parked it.
Two weeks later, Bubba returned, repaid the $5,000 and the interest of $23.07.
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 multimillionaire. What puzzles us is why would you bother to borrow $5,000?"
Bubba replied, ?Where else in New York City, can I park my car for two weeks for only $23.07 and expect it to be there when I return??
The bank officer told him that the bank would need some form of security for the loan, so the Bubba handed over the keys to a new Ferrari. The car was parked on the street in front of the bank. Bubba produced the title and everything checked out. The loan officer agreed to hold the car as collateral for the loan and apologized for having to charge 12% interest.
Later, the bank's president and its officers all enjoyed a good laugh at the country boy from the south for using a $250,000 Ferrari as collateral for a $5,000 loan. An employee of the bank then drove the Ferrari into the bank's underground garage and parked it.
Two weeks later, Bubba returned, repaid the $5,000 and the interest of $23.07.
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 multimillionaire. What puzzles us is why would you bother to borrow $5,000?"
Bubba replied, ?Where else in New York City, can I park my car for two weeks for only $23.07 and expect it to be there when I return??
10-12-2008, 08:34 AM
#4
Super Moderator
Join Date: Jan 2008
Location: So. Cal (SFV)
Posts: 17,508
Likes: 0
Received 3 Likes
on
3 Posts
My Ride: 2011.5 Alpine White E90 M3 | Black Novillo Leather | Carbon Fiber Leather Trim | ZCP | ZP2 | M-DCT | Navigation | Moonroof | 6FL Mods: TMS 12.5mm spacers all around l Hawk HPS Brake Pads l OEM M3 Edition Grills l Paint Matched Side Gills l Key Hole D
10-12-2008, 12:37 PM
#7
Contributors
Join Date: Sep 2008
Location: SFV California
Posts: 2,341
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2006 530i Alpine White on Black interior, Sport and Premium Package, Steptronic, Navigation, Xenon Adaptive Headlights, Mtec V2.1 angel eyes,Hoen Fog Lights, Full M-Tech kit, ACS pedals, LED plate lights, CF Steering Wheel badge, CF Titanium trim, OE
waaahhh!! funny!! 
