Loan for the Wealthy

A wealthy woman goes into a bank to ask for a $10,000 loan before her month long vacation.  The bank had no problem loaning the money as long as the woman would put up some collateral.  So the woman offers to let them hold on to her $200,000 luxury automobile.

The bank happily agrees, loans the woman $10,000 and takes possession of the vehicle.  Upon returning from vacation the woman goes back to the bank to repay the loan and collect her vehicle.  The bank manager laughs and ask the woman why if she is so rich did she go through so much trouble.

What was the woman’s reply to bank manager?

View Answer
The small amount of interest on the loan was much less than parking and insurance for the vehicle would have cost.

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