Man Pays for New Truck With Loose Change
12-22-07, 08:19 PM
#1
Man Pays for New Truck With Loose Change
Might want to save those quarters:
Link
Paul Brant considers himself a penny pincher, but his savings in quarters and dollar coins really paid off.
Brant, 70, used more than $25,000 in change to help buy a new Dodge Ram half-ton pickup truck Friday - 13 years after buying another truck with spare change.
"(The old truck) didn't have four-wheel drive, and living in the country, I figured I better get a new one to help get me through the snow," he said.
Brant said he was raised to be thrifty. His father always paid in cash and saved up loose change to take vacations.
Brant has been storing his change for years, and estimated he had about $26,000 in coins for Friday's purchase. In 1994, he bought a Dodge pickup and a Dodge Neon using about $36,000 in quarters.
"As long as you don't put your hands back in the till, it really adds up," he said.
Brant stored his change in coffee cans, water jugs and piggy banks over the years, and was escorted by sheriff's deputies as he brought the rolled coins to the dealership.
A Mike Raisor Chrysler Dodge and Jeep employee who sold Brant the truck said the dealership called in an armored car to count and handle the coins.
"No bank wants to take them," Keith Gephart said
Brant, 70, used more than $25,000 in change to help buy a new Dodge Ram half-ton pickup truck Friday - 13 years after buying another truck with spare change.
"(The old truck) didn't have four-wheel drive, and living in the country, I figured I better get a new one to help get me through the snow," he said.
Brant said he was raised to be thrifty. His father always paid in cash and saved up loose change to take vacations.
Brant has been storing his change for years, and estimated he had about $26,000 in coins for Friday's purchase. In 1994, he bought a Dodge pickup and a Dodge Neon using about $36,000 in quarters.
"As long as you don't put your hands back in the till, it really adds up," he said.
Brant stored his change in coffee cans, water jugs and piggy banks over the years, and was escorted by sheriff's deputies as he brought the rolled coins to the dealership.
A Mike Raisor Chrysler Dodge and Jeep employee who sold Brant the truck said the dealership called in an armored car to count and handle the coins.
"No bank wants to take them," Keith Gephart said
12-22-07, 08:39 PM
#4
Super Moderator
Should have cleared his piggy banks every month for all those years to put them in some investment accounts & he could have a lot more money than to pay for just a Dodge Ram pick-up ... 
12-22-07, 09:54 PM
#5
Lexus Fanatic
iTrader: (20)
Yup, he lost money on those savings every year.
12-23-07, 03:54 AM
#7
Super Moderator
He uses a LOT more cash than I do. I do the same exact thing--at the end of every day, all of my change goes into an old pretzel barrel. In 6 years I came up with roughly $800, which paid for half of my TV in 2004. This year I cashed it in again, and it was a little under $300. So in 2/3 the time, I came up with 1/25th the coins. That's a LOT of change.
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12-23-07, 08:14 AM
#8
Out of Warranty
When I was very young my Dad used to give me all the pennies out of his pocket when he came home from work - usually two or three every day. By the time I was in about the sixth grade I rolled and counted them with my Grandmother's help, and found I had over $36 in pennies - and several that were worth a good deal more than their face value.
A good coin collector's book might have been useful to Mr. Brant - several of my pennies turned out to be worth between 10¢ and 25¢ - and one was worth $23, more than doubling the value of my collection. All those pennies Dad was getting rid of turned out to be worth something after all!
A good coin collector's book might have been useful to Mr. Brant - several of my pennies turned out to be worth between 10¢ and 25¢ - and one was worth $23, more than doubling the value of my collection. All those pennies Dad was getting rid of turned out to be worth something after all!
12-23-07, 11:35 AM
#10
There can only be One
Bank of America has a program that takes your change from purchases and bill payments and puts them in a savings account. I an going to start this program in 08 and let you know how it goes. 
Its simple. You buy something for 5.37 cents. It rounds it off to the nearest dollar and moves it to a checking account.
Kudos to this dude for saving that kind of cash or in this case change
Its simple. You buy something for 5.37 cents. It rounds it off to the nearest dollar and moves it to a checking account.
Kudos to this dude for saving that kind of cash or in this case change
12-23-07, 04:11 PM
#11
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I put my state quarters in a box and my other change in a wallet box on my bed side table. I have about 15 dollars in quarters and a couple dollars in the box. No thanks to my wife who takes my change and uses it at work!!!
12-23-07, 09:35 PM
#12
I throw all my pennies away!! If I am in a drive thru and I see I have a penny or am getting pennies back I throw them out the window. I recently saved all my silver for 6 months and ended up with about 400$. The 400$ paid a nice chunk of my circuit city bill
12-23-07, 10:20 PM
#13
what a waste to throw away money like that. my firends used to do that too and i was like wtf... if i accidentally drop a penny, fine, but not purposedly.
every 4-5 months i trade my change for dollars and get about 200. but yeah, some of those coins are over 13 years old, some were definitely worth more than face
every 4-5 months i trade my change for dollars and get about 200. but yeah, some of those coins are over 13 years old, some were definitely worth more than face
12-23-07, 10:59 PM
#15
Lexus Champion
