Man buys new car, pays with $140,000 in coins

[CmdrSkittles]

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[quote]A MAN has bought a $140,000 car almost entirely with coins in a bittersweet sale for a Chinese dealership.

The man walked into a Shenyang dealership and used 660,000 yuan ($136,000) in coins and 20,000 ($4,000) yuan in banknotes to buy his new 4S vehicle, reportsThe Shanghaiist.

It took ten very obliging staff members to move the coins from the back of a truck into the store. The coins, which weighed four tonnes in total and were over four meters tall when piled up, were diligently weighed and counted.

The man reportedly works at a petrol station and explained that he collected the coins from buses that stopped to refuel. He decided to use them to save up for a new vehicle.

...[/quote]

[url=http://www.heraldsun.com.au/business/companies/man-buys-new-car-pays-with-140000-in-coins/story-fnkjkoks-1227382638922?utm_content=SocialFlow&utm_campaign=EditorialSF&utm_source=HeraldSun&utm_medium=Twitter]Read more at source - Herald Sun[/url]

[t]http://resources2.news.com.au/images/2015/06/04/1227382/638882-bb00d5e0-0a42-11e5-8933-556e3a23c467.jpg[/t]

[The Pfeiffenator]

What the hell is a 4S vehicle? I can't even find a pic of one online.

[Aeternal]

Who in their right mind counted and packaged all those coins?

[woolio1]

I'm going to assume banks are not as common in China...?

[hipsterhendrix]

theres me thinking its too awkward to buy a bus ticket only using 10ps

[cecilbdemodded]

[QUOTE=Aeternal;47874528]Who in their right mind counted and packaged all those coins?[/QUOTE]

If I worked there and the boss said "Have you counted it all yet?" I'd reply "Yeah, the rolls are all correct, except the one I set aside..." then I'd look over at them stacked against the wall and scream "Oh my god who moved the pile? I don't know which one is the one short a yuan!"

It's funnier if you imagine this scene in Chinese.

[0x0000000C]

What kind of Toyota is $140,000? Holy shit

[IMG]http://resources0.news.com.au/images/2015/06/04/1227382/638856-268a89f2-0a41-11e5-8933-556e3a23c467.jpg[/IMG]

Background

[circuitbawx]

[QUOTE=ThePfeiffenator;47874386]What the hell is a 4S vehicle? I can't even find a pic of one online.[/QUOTE]

Probably bought a BMW

[Tmaxx]

[QUOTE=0x0000000C;47874714]What kind of Toyota is $140,000? Holy shit

[IMG]http://resources0.news.com.au/images/2015/06/04/1227382/638856-268a89f2-0a41-11e5-8933-556e3a23c467.jpg[/IMG]

Background[/QUOTE]
its some knock off.

[Impact1986]

[QUOTE=ThePfeiffenator;47874386]What the hell is a 4S vehicle? I can't even find a pic of one online.[/QUOTE]

It certainly isn't Jackie Chan

[sp]Or is it?[/sp]

[SirKillsalot]

Maybe it is a Porsche Carerra 4S.

[thefreemann]

[QUOTE=circuitbawx;47874748]Probably bought a BMW[/QUOTE]

Probably not, imported cars are extremely expensive in China. About double or more of what you would pay in the U.S.

[Zakuvo99]

Great way to get rid of them

[reevezy67]

[QUOTE=woolio1;47874530]I'm going to assume banks are not as common in China...?[/QUOTE]

当然中国有很多银行。中国经济是最大的。

[RoboChimp]

There's a video of a guy paying a fine in coins at the bottom of the article. :v:

[garychencool]

[QUOTE=thefreemann;47874949]Probably not, imported cars are extremely expensive in China. About double or more of what you would pay in the U.S.[/QUOTE]

so a $70,000 import?

[EqueL]

Did they count it all... just to make sure?

[NoRegard]

[QUOTE=EqueL;47876004]Did they count it all... just to make sure?[/QUOTE]

I'm pretty sure they just weighed them. There are machines to count papermoney however.

[reevezy67]

[QUOTE=EqueL;47876004]Did they count it all... just to make sure?[/QUOTE]

Yeah.
[quote]The coins, which weighed four tonnes in total and were over four meters tall when piled up, were diligently weighed and counted.[/quote]

[notgeogzm]

i didn't see anything about a grudge in the article

couldn't he have like, converted it to notes first? instead of using the time of ten workers to deal with one customer's coins, he must've been able to get the cash converted some other way

[DogGunn]

This would be illegal to do in Australia. Can't pay large amounts in coins.

[Scot]

[QUOTE=DogGunn;47876134]This would be illegal to do in Australia. Can't pay large amounts in coins.[/QUOTE]

Same in the UK. I think the max is 20p for coppers.

[PatrickT]

The coins were already wrapped, did he do this at a bank? If so, paying with coins was probably just for the hell of it

[Flashcat]

[QUOTE=PatrickT;47876223]The coins were already wrapped, did he do this at a bank? If so, paying with coins was probably just for the hell of it[/QUOTE]

He collected the coins overtime, I don't think he wrapped everything in one sitting. He probably wrapped up a roll whenever he saved up enough and added it to his stash.

[ignhelper]

[QUOTE=0x0000000C;47874714]What kind of Toyota is $140,000? Holy shit

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Background[/QUOTE]

A Toyota Prius in Singapore cost $150 000

On top of that, you are allowed to own that car for 10 years, and at the end of the 10 years, you either sell it and buy a new car, or renew the licences.

The particular licences cost $60 000 to $90 000, depending on how low or high the bidding prices ended.

[editline]4th June 2015[/editline]

Source:
[url]https://www.yahoo.com/autos/s/toyota-prius-over--150k-in-singapore--vin-diesel-not-impressed-202851282.html[/url]

[nox]

I wonder how many years it took for him to collect 136k in coins off buses.

I remember a video some years ago of a man doing exactly the same thing in the US and being refused the sale.

[kweh]

[QUOTE=Ignhelper;47876406]A Toyota Prius in Singapore cost $150 000

On top of that, you are allowed to own that car for 10 years, and at the end of the 10 years, you either sell it and buy a new car, or renew the licences.

The particular licences cost $60 000 to $90 000, depending on how low or high the bidding prices ended.

[editline]4th June 2015[/editline]

Source:
[url]https://www.yahoo.com/autos/s/toyota-prius-over--150k-in-singapore--vin-diesel-not-impressed-202851282.html[/url][/QUOTE]

And I thought we had it bad paying stamps and road tax and insurance every year...
Then again, we don't buy Prius here unless we're loaded. Most of the people my age just buy a used car that doesn't gets to 10.000 euros or drive their parents, and when older, people go as far as, what, 30.000?

(excluding rich people)

[Awesomecaek]

[QUOTE=DogGunn;47876134]This would be illegal to do in Australia. Can't pay large amounts in coins.[/QUOTE]

Pretty sure here, the clerk isn't obliged to take more than 10 pieces of any coin or banknote maybe except the top value banknote.

[MarkG06]

[QUOTE=cr2142;47874565]theres me thinking its too awkward to buy a bus ticket only using 10ps[/QUOTE]

Are you kidding me? Chances are you'll get at least a handjob for resupplying them with change.

[Kljunas]

[QUOTE=geogzm;47876118]i didn't see anything about a grudge in the article

couldn't he have like, converted it to notes first? instead of using the time of ten workers to deal with one customer's coins, he must've been able to get the cash converted some other way[/QUOTE]

Well converting it to notes is going to take people time just as well.