Otaku Translation: Blackstone Code Chapter 113

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This was a common tactic; recording a customer's preferences in front of them would make the customer feel valued. In reality, this sense of "value" would often be quickly resold to consulting firms, survey agencies, and automobile manufacturers. Perhaps it was indeed a form of value, but it was one that could be sold for profit.

For customers like Lynch buying luxury cars, their "value" would fetch a higher price.

Lynch mentioned several points of demand: the car should be aesthetically pleasing, elegant, have a touch of seriousness, and exude a sense of nobility.

As he stated these requirements, the woman suddenly became even more enthusiastic. She led Lynch to another showroom where some well-known luxury cars from the federation were parked, mostly sedans.

Sedans were more expensive, and they had a wider audience among social groups. Even the President's vehicle was a luxury sedan, further solidifying the perception that sedans were suitable for formal occasions, unlike those multi-purpose vehicles that were often associated with strong "value for money" propositions.

People's understanding of multi-purpose vehicles often stemmed from their suitability for family use. So even though multi-purpose vehicles were not inferior in materials and technology to sedans, they often differed greatly in price because they were not considered formal enough.

Seeing a large number of luxury cars together, Lynch was somewhat surprised that the woman could confidently name them and their manufacturers. To Lynch, these sedans all seemed quite similar.

Perhaps limited by current industrial processes or perhaps due to issues with people's aesthetic standards, sedan styles generally did not differ much. Some different brands of cars may not even be distinguishable from each other based on appearance alone.

This also reduced Lynch's desire to choose a vehicle; after all, they all looked similar, and the only difference was probably just their logos.

Lynch casually ran his hand over the paint of a nearby car, finding it satisfactory. Then, he turned to the sales manager and inquired, "Do you have any good recommendations?"

A fleeting expression of joy passed over the sales manager's face. Customers as generous as this were becoming increasingly rare. With a hint of anticipation and cautiousness, she inquired, "Sir, what is your budget?"

Lynch smiled, his handsome face radiant with sunlight, dazzling Beth's eyes. "I want something that can meet my requirements, preferably of high quality, not those entry-level cars," he said without directly addressing the budget request.

Beth understood his requirements almost immediately. She promptly led Lynch to a bright silver car that stood out from the others. Its front engine compartment was slightly longer, giving the entire body a more elongated appearance.

Though it should have felt disproportionate, it exuded an indescribable beauty, perhaps due to its mirror-like silver paint.

"This is the latest and most luxurious model in the House luxury sedan series. Some domestic celebrities and dignitaries have purchased it as soon as it came out. Moreover, its price is less than a hundred thousand, making it the most suitable choice for you," Beth explained.

Lynch took a brief look and, with Beth's guidance, experienced the fully upholstered leather rear seats with reclining function. It even came equipped with a record player and radio function. Listening to the radio in the car was a luxury only high-end cars could offer.

"How much?" Lynch asked, tapping the car body. He added, "There are some things I don't like. Can you customize it here?"

After a friendly negotiation, Lynch finally bought the car for twelve hundred thousand. After rejecting the sales manager's request for home delivery, Lynch left the car dealership directly, heading to the bank to find Joegleman.

When he found Joegleman, he was chatting with his subordinates. He had been in a good mood lately, as the state headquarters had praised him twice in telephone conferences for his outstanding performance during this period, asking everyone to learn from him.

Some people even proposed that he might be considered for the position of local bank manager. Once this thing, which he had never dared to think about before, became a reality, he would immediately enter the upper echelons of society, and all of this was brought about by the young man called Lynch.

When he heard that Lynch had come to visit him, he immediately dismissed the others in the office and personally went to invite Lynch in.

He opened the box on the table, picked out a pure-colored Colofu, and handed it over, asking casually, "What can I do for you?"

There was an air of closeness and joy in his words and demeanor. As Lynch cut off both ends of the Colofu, Joegleman immediately took the initiative to light it for him.

Lynch casually tossed the proof of his car purchase onto the table, prompting Joegleman to raise an eyebrow and carefully examine it.

Although he appeared easygoing and accommodating, once he got into work, he would become serious and meticulous.

After reviewing the documents and complete tax certificates, he looked up at Lynch. "If you want to buy a car, you can come to me. I know local dealers, and they can give you a better price."

Selling cars, especially luxury cars, wasn't as easy as people think, especially for some luxury cars. Except for some particularly popular models, most luxury cars were in a state of unsalable.

The automobile manufacturers and dealers were facing a backlog of a large number of cars, which couldn't be quickly liquidated and were weighing down their liquidity. To address these issues, they often pledged these cars to banks, using collateral loans to alleviate the financial pressure.

Joegleman could easily get a very low discounted price, and those people who wanted loans from him, who wanted to reduce the handling fee, would definitely have to show some appreciation.

This kind of operation, which was not considered illegal, wouldn't be questioned by anyone. It was just one of the many benefits enjoyed by people in the banking industry. They always had good relationships with businesses.

Lynch shook his head and exhaled smoke. "I'm applying for a low-interest loan. For a car worth twelve thousand, how much can you give me?"

Joegleman looked at the documents in his hand, then left one of them behind and picked up the phone to instruct his secretary to prepare a pledged loan contract.

After hanging up the phone, he smiled and said, "I'll try to give you a reasonable price. We are friends, right?"

Lynch nodded, waving the Colofu in his hand, affirming Joegleman's words, "We are friends."

Bank valuations often wouldn't follow the retail price of a commodity. Something worth a hundred bucks in their hands would often end up being valued at fifty or sixty bucks.

But there were areas where manipulation was possible, such as valuation errors, real-time price fluctuations, and many methods that could introduce discrepancies between the valuation and the final result. This was normal; the annual bad debt quota was there to deal with these situations after all.

If this quota was used, no one would blame Joegleman for work-related mistakes, and the loan department itself would carry significant risks.

A few years ago, a one-carat Walcedo Gemstone (瓦尔西多) was priced at around two thousand bucks. However, with the sudden discovery of a local mine boasting a huge reserve of Walcedo Gemstones, the market price plummeted from two thousand bucks per carat to just two hundred bucks per carat.

This was something that nobody could reverse with their personal abilities. Certainly, the banks also suffered significant losses from this. Jewelry had always been the most popular collateral; however, no bank was heard criticizing the people who handled the pawning of these gems.

The bank wouldn't praise Joegleman's risk management even if this quota was not used; they'd just consider it something he should do. So, whether they were used or not wouldn't have any practical impact on him. So why not use them?

No one would pursue these permitted errors; as long as they didn't go too far, as long as they didn't exceed a tacitly accepted threshold, no one would discuss these work-related matters.

Soon, Lynch signed a pledged contract, and then the twelve thousand in cash went directly into his account. He needed to pay the bank one hundred bucks in interest each month until he paid off the money or couldn't afford it anymore.

This method wasn't invented by Lynch. In fact, it had been widely used in various industries before. Otherwise, Joegleman wouldn't have known what Lynch wanted to do without Lynch having to remind him.

For Joegleman, he once again strengthened the connection between him and Lynch through this insignificant matter.

And for Lynch, he bought a luxury car worth a hundred thousand for a hundred and fifty bucks a month.

No one was at a loss.

After discussing these trivial matters, Lynch brought up his true purpose: He planned to sell the current site of the Sabin City Professional Rugby Club.

If he kept this land, he wouldn't have the funds to build a new club outside the city, nor would he have the initial capital for his plans. Moreover, with the financial crisis looming, was he supposed to wait until it was worthless before selling it?

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