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Author Topic: Buying a car for bitcoins  (Read 910 times)
ABitCurious (OP)
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March 30, 2013, 01:16:51 AM
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I was lucky to get into bitcoins early enough. Thinking about spending them on a car: http://www.carsforbitcoins.com

If I sell bitcoins on MtGox instead, I will need to pay a tax. If I buy a car for bitcoins, no problem. Do you think it's a good idea now or better wait till bitcoin appreciates even more?
jwzguy
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March 30, 2013, 01:29:04 AM
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Seems legit!
The Bitcoin Catalog
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March 30, 2013, 04:04:56 AM
 #3

There is also Wikispeed!

The Bitcoin Catalog: Second edition coming out in November! Click here for a  FREE pdf catalog!
Follow us on twitter! @BTCcatalog
SilentSpring
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March 30, 2013, 04:10:35 AM
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You'll still have to pay tax on the car when you register it....unless your not in the US
BTC Books
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March 30, 2013, 04:20:13 AM
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I was lucky to get into bitcoins early enough. Thinking about spending them on a car: http://www.carsforbitcoins.com


Careful...

Whoever buys a new car buys a new car.  Once a car is titled - to anyone - it is no longer new.  If you buy it from them, you're buying a used car.  There will be service and warranty impacts to that.

Dankedan: price seems low, time to sell I think...
yona
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March 30, 2013, 04:23:39 AM
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Not neccecerly, there are legal ways to bypass this
JordanL
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March 30, 2013, 05:09:39 AM
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There is also Wikispeed!



Has anyone purchased one of the prototypes? I'm considering it.
DigitalDoom
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March 30, 2013, 05:39:12 AM
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I was lucky to get into bitcoins early enough. Thinking about spending them on a car: http://www.carsforbitcoins.com


Careful...

Whoever buys a new car buys a new car.  Once a car is titled - to anyone - it is no longer new.  If you buy it from them, you're buying a used car.  There will be service and warranty impacts to that.


Actually, all new cars come with transferable warranty, good for a certain amount of years or miles...whichever comes first. I've bought several used cars with factory warranty left on them...the warranty just transfers into the new buyers name.

I do believe you have a very valid point though, a whole lot of screws could get put to you by using a middle man for a purchase like this.

I think that if I were going to buy a car with BTCs (which I'm not because I have none), I would probably just go talk to a brick and mortar dealership....or just sell the BTCs first.
draket
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March 30, 2013, 05:59:40 AM
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I wish i would have got in on them that early... I am thinking about investing in litecoins...but im not sure if they will have the same skyrocketing life.
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April 29, 2013, 05:07:56 PM
 #10

Hello, actually i´m selling my car,
is a BMW 330 ci cabrio,231cv,  year 2001,Full equip, has 140.000 Km, It is in good condition
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