!!! [SOLD ~300 Bitcoins] 2007 PORSCHE CAYMAN S - 8200 MILES !!!

[CrazyGuy]

04-02-2013 Update - SOLD For ~300 Bitcoins!


The Porsche sold today for ~300 Bitcoins! If this isn't proof that Bitcoin is a legitimate currency, then I don't know what is. The buyer purchased his initial Bitcoin investment at around $4 a piece so they got an amazing deal. I'm not sure if this is the single largest item sold for BTC, but I can guarantee it's the first $40,000 vehicle sold for ~300 BTC. The buyer wishes to remain anonymous, but I've asked a bitpay representative to come and post in this thread to confirm the transaction occurred.

Help me spread the word, upvote the story on reddit:
http://www.reddit.com/tb/1bkhjp

Submit to as many news agencies as you please, Bitcoin is here to stay!

This story got a lot of attention in the media yesterday(04/03/2013), and was the hottest story on business insider throughout the day. I'm hoping it's given doubters an idea of what they can buy with Bitcoin. It's also obvious from the article comments that a majority of people still don't understand what Bitcoin really is or how it works.


Articles featuring the Porsche Sale:

http://www.businessinsider.com/texas-family-we-sold-this-porsche-last-night-for-300-bitcoins-2013-4

http://www.huffingtonpost.com/mobileweb/2013/04/03/bitcoins-bubble-porsche_n_3009313.html

http://www.digitaltrends.com/cars/texas-family-sells-porsche-for-300-bitcoins/

http://www.businessinsider.com/interview-bitpay-founder-tony-gallippi-2013-4





Only 8200 miles and in impeccable condition!

Addons and Options

• 19" Champion Motosport Forged Monolite Wheels -- R-S98 (ala Turbo) ( Wheels were $8k alone! )
• B & B Stainless Exhaust System
• Eibach Pro-Kit Suspension System
• IPD Air Intake Plenum
• TIPS-auto
• Leather Seats
• Bose/CD Changer
• Wrapped in 3M protection
• Paint protection
• Custom cover for outdoor storage
• Tint
• New battery
• Mobile1

This car is equipped to outperform the current Cayman S release. 10 times more fun than a minirig! Buy it while the value of Bitcoin is high!

[CrazyGuy]

Thank you sir, and this price is a real steal. Assuming someone purchased 1600 bitcoins at the original exchange rate of around .0007639, they could be sitting in this Porsche for a whopping $1.22!

[RantinRave]

Going to put my salesman hat on and say that I guarantee I can sell this car for you. I'm in the "online automotive marketing" industry and I know exactly what it would take to sell this car.

Note: The buyer would obviously have cash. lol.

/salesman off.

[Bowjob]

Looks good. Wow.

[Grouver (BtcBalance)]

Thank you sir, and this price is a real steal. Assuming someone purchased 1600 bitcoins at the original exchange rate of around .0007639, they could be sitting in this Porsche for a whopping $1.22!

Thats crazy indeed if  you think about it.

[molecular]

That's a good price!

[Frequency]

Wow nice car ..ill wait to buy it from U Jan 2014 for 156,41btc when the price rise has continued haha ,,,

[davecoin]

For transfer of the title, would the seller have to include a bill of sale for say $1 or something?  Just curious.

[ingrownpocket]

Wow, that's a really good price.
In Portugal you can't find that car for less than 40,000€ ($53,000)

[molecular]

Wow, that's a really good price.
In Portugal you can't find that car for less than 40,000€ ($53,000)

18,900€ in italy: http://suchen.mobile.de/auto-inserat/porsche-cayman-3-4-s-18-900-torino/174270773.html

EDIT: of course this one has 184000 kilometers and the price might be a bait.

[SgtSpike]

If only I had that many BTC's... even if I had kept every one of them I have ever received, I still would have less than half, lol.

Gotta wait for the price to rise more...!

[Tomatocage]

Awesome car. IIRC it was voted "Best handling car in the world" a couple years back by some euro car mag, beating out Lotus's Exige.

[CrazyGuy]

If only I had that many BTC's... even if I had kept every one of them I have ever received, I still would have less than half, lol.

Gotta wait for the price to rise more...!

If only I had the foresight to keep every coin I've ever mined. When the exchange rate went down to 2, I was still selling half of what I mined. The rate is so volatile right now, who knows what it will be next week or next month. Could be back down to 15 or way above 50... All I know is, if you've got a substantial amount of coins right now, there's a very good chance you bought or mined them at a much lower exchange rate. So this is a great deal regardless!

For transfer of the title, would the seller have to include a bill of sale for say $1 or something?  Just curious.

Yes, we're going to have to do something like this. Although I'm also thinking we may be able to use bitpay and a receipt from them to transfer the title.

I'm also willing to sell for cash, but wouldn't you guys like to see the first supercar-bitcoin transaction?

[SgtSpike]

If only I had that many BTC's... even if I had kept every one of them I have ever received, I still would have less than half, lol.

Gotta wait for the price to rise more...!

If only I had the foresight to keep every coin I've ever mined. When the exchange rate went down to 2, I was still selling half of what I mined. The rate is so volatile right now, who knows what it will be next week or next month. Could be back down to 15 or way above 50... All I know is, if you've got a substantial amount of coins right now, there's a very good chance you bought or mined them at a much lower exchange rate. So this is a great deal regardless!

For transfer of the title, would the seller have to include a bill of sale for say $1 or something?  Just curious.

Yes, we're going to have to do something like this. Although I'm also thinking we may be able to use bitpay and a receipt from them to transfer the title.

I'm also willing to sell for cash, but wouldn't you guys like to see the first supercar-bitcoin transaction?

Don't use bitpay - you'd be knocking yourself for 16 BTC (0.99% fee) if you do.

[johnniewalker]

Good for you, I love seeing people post things like cars and even real estate, you're helping to make BTC commerce legitimate trade!

[SgtSpike]

Man, a year ago, that same car would have been listed for ~9000 BTC... at this rate, I'll be able to buy myself a Cayman in 3 years!

[Scrat Acorns]

That is one sexy looking Cayman. These are possibly the best wheels you could have put on it.

Thank you sir, and this price is a real steal. Assuming someone purchased 1600 bitcoins at the original exchange rate of around .0007639, they could be sitting in this Porsche for a whopping $1.22!

Insane.

[paraipan]

That is one sexy looking Cayman. These are possibly the best wheels you could have put on it.

Thank you sir, and this price is a real steal. Assuming someone purchased 1600 bitcoins at the original exchange rate of around .0007639, they could be sitting in this Porsche for a whopping $1.22!

Insane.

+1 quoted for posterity 

[SgtSpike]

So why the low miles?  Why didn't you drive it more?

[CrazyGuy]

So why the low miles?  Why didn't you drive it more?

First off, it's not actually mine, it's my father's. He listed it recently on Craigslist, along with the Harley, and asked me to list them both on the bitcoin forums for him. He's really excited about the prospect of selling for BTC and I hope someone here picks them up.

Back to your question. My Father is notorious for buying nice cars and never driving them. I'm guessing he's scared to get any scratches on the vehicle and just enjoys looking at the car and calling it his own... He lives in downtown Austin so he doesn't need to drive around much anyways. I tease him because he's basically keeping his vehicles in great shape so the next buyer can get a good deal on a barely used sports car.