Please ensure Javascript is enabled for purposes of website accessibility

Buy a House, Get Free Beans!

By Adrian Rush – Updated Oct 4, 2017 at 10:29AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Truth really is stranger than fiction.

Clayton Homes wants its competitors to know that their "free furniture" offers aren't worth a hill of beans. Or, more precisely, a can of beans.

We all know times are tough for the homebuilders. Everyone from D.R. Horton (NYSE:DHI) to Lennar (NYSE:LEN) to Pulte (NYSE:PHM) has felt the squeeze, as the credit crunch has kept countless houses either unfinished or unoccupied. Desperate to fill their habitable homes, the builders are willing to give just about any gimmick a try.

But none of the homebuilders can hope to top what Clayton Homes has pulled off. The Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) subsidiary promises in an ad that if you buy one of its modular, manufactured, or mobile homes, you will get, as a bonus ... wait for it ... a free can of pork and beans.

That's right. Not just beans. Pork and beans. In tomato sauce, people. As Dave Barry would say, "I am not making this up."

A contributor to The Consumerist spotted the ad in the Columbia Daily Herald, a newspaper in central Tennessee.

Fool writer Rich Duprey recently heard about this blockbuster deal and decided to investigate:

Apparently the guy who runs the local Clayton outfit in Columbia, TN, had a customer walk in and say a competitor was offering free furniture with their homes and wanted to know if Clayton would do the same. They declined saying it wasn't "free" furniture they were getting, that the price of the home was increased to pay for the furniture.

So to show that there is such a thing as a free lunch, Clayton bought a bunch of cans of beans from the local Wal-Mart (NYSE:WMT) and will give you one if you buy one of their modular homes.

In other words, if your mobile home was going to cost you $200,000, but the Clayton competitor threw in $10,000 worth of tables, chairs, and beer coolers, the new base price of the house would be $210,000 with a "free" furniture bonus. So does that mean that instead of listing at $200,000, Clayton's mobile homes are now going for $200,000.89, with "free" eats included?

Rich reports that the campaign has generated a good amount of publicity for Clayton. Whether it's been enough to get a potential homebuyer off the fence, however, remains unclear. But whatever you do, act quickly, because Clayton can only offer a deal this good through the end of the month. If you were reluctant to take out a 30-year mortgage on a house, clearly, now is the time to act.

Make your own jokes about why offering a free can of pork and beans for buying a mobile home in the rural South might entice consumers. I'm not going there. But my inner 12-year-old can't resist suggesting that at least Clayton didn't offer "free gas" with a home purchase.

What do you think about this amazing deal? Do you imagine Warren Buffett is off somewhere groaning in embarrassment? What other silly offers like this have you encountered? Could you do Clayton one better? Chow down, Fools -- whip out your can openers and spill the beans in the comments box below. Just don't talk with your mouth full.

Fool online editor Adrian Rush wouldn't be swayed by pork and beans -- but throw in an industrial-sized tub of hummus instead, and we'll talk. He has no position in any of the stocks mentioned in this story. The Fool owns shares of Berkshire Hathaway, which is also a Stock Advisor and Inside Value recommendation. Wal-Mart is an Inside Value pick, too. The Fool's disclosure policy loves its velvet Elvis portrait.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Walmart Stock Quote
Walmart
WMT
$131.31 (0.96%) $1.25
Berkshire Hathaway Inc. Stock Quote
Berkshire Hathaway Inc.
BRK.A
$399,127.75 (-1.32%) $-5,357.50
Berkshire Hathaway Inc. Stock Quote
Berkshire Hathaway Inc.
BRK.B
$264.32 (-1.29%) $-3.45
Lennar Corporation Stock Quote
Lennar Corporation
LEN
$73.70 (-4.37%) $-3.37
PulteGroup, Inc. Stock Quote
PulteGroup, Inc.
PHM
$37.91 (-3.17%) $-1.24
D.R. Horton, Inc. Stock Quote
D.R. Horton, Inc.
DHI
$68.24 (-4.45%) $-3.18

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
329%
 
S&P 500 Returns
106%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 09/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.