A billionaire lived in NYC and had a nice penthouse and expensive sports car. One day he came to the bank and asked to take out a 50,000 dollar loan from the bank. The banker asked if if he had anything to use for collateral and he offered his sports car. The loan was extended and the car was handed over to the bank to be locked up in their high security parking garage until repayment of the loan.

After a month the man came back to the bank and repaid the 50,000 loan plus 10% interest of $416 dollars. The bank manager brought the car up and the billionaire inspected it and found that it was still in pristine condition. Before the billionaire left, the banker asked why he had used such an expensive sports car for collateral for a loan that they billionaire could have loaned to himself many times over without batting an eye.

The billionaire smiled and asked where else he could have found 24hour, insured, climate controlled, monitored, secure parking in NYC for a month and only pay $416 dollars.