Woman in China Paid for Her BMW 7-Series in Small Change

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Woman in China Paid for Her BMW 7-Series in Small Change

Ms Li, a businesswoman, apparently showed up at a dealership in Zhengzhou armed with 100,000 small denomination bank notes to buy a BMW 7-Series.

By Kritika Sethi

Published on April 28, 2015

Highlights

Much to the amusement of whoever has/will read about this news, and not so much to that of a BMW dealership in China, a woman decided to pay for her brand new Bimmer with small change. Ms Li, a businesswoman, apparently showed up at a dealership in Zhengzhou armed with 100,000 small denomination bank notes to buy a BMW 7-Series. The BMW 730Li costs about RMB 1,000,000 or Rs. 10,203,802. The sum total of the notes was about RMB 94,217 (Rs. 961,190). They weighed around 100Kg. Reports claim Li paid the remaining amount via a credit card. About how the entire purchase occurred at the dealership - it took 20 of its employees and 6 hours to count the payment. Jia Tinghai, the dealership's marketing director, spoke to Zhengzhou Evening Post about this peculiar purchase, and summarised her reaction in mere 3 words: "Oh my God". Local media claims that the 'often busy' Ms Li said she had decided to save the banknotes till she was able to spend them all at once when buying a car. Interestingly, Ms Li's purchase isn't the first bizarre story to come out of China. Reportedly earlier this year, a man from Hebei used only coins to buy a car that cost more than 50,000 yuan. (With inputs from The Telegraph)