China: customer pays brand new car with 660,000 coins

In China, a man went into a car dealer showroom in Shenyang to buy a brand new car. He did pay the full price for the vehicle with coins and only a few bank notes.

The full payment from Mr. Gan weighed at least four tons. More than 10 employees went through 1,320 bundles of coins wrapped in brown paper, which placed in a pile stood over 12 feet tall. It took several hours for them to count and filter the coins until they emptied Gan’s truck, according to Shanghaiist.

Chinese often pay large amounts with only coins

 

The buyer used that pile of coins to purchase a SUV that cost $109,700 (680,000 yuan). He paid $106,480 (660,000 yuan) with coins and the rest of the amount with small bank notes.

Gan said that he was saving the money over the years. Because he works in a gas station, he would most often receive payments in small coins and small denominations notes. “Our station is in the suburbs, there are very few banks. So we didn’t deposit the coins and decided to use them to buy a car for our company,” he said, according to the BBC.

In order to be considerate, Gan took care to tell the car dealership about his method of payment ahead of time. He feared to be turned away, but the car dealer gladly accepted it and was prepared for his arrival with weighing scales and a full-service staff, according to News Corp Australia.

Chinese media reported that this is not an unusual event in China to pay big tickets items with large hoard of coins. The down payment for an apartment was paid by a man in Fujian using 100,000 coins, and a woman in Zhengzhou paid for a BMW in a manner similar to Gan, according to World Car Fans.

Source: HNGN

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