Buy a car with bitcoin

[gredisgold88]

Have anyone visited this site they claim to sell cars using bitcoins. http://www.reversedealer.com/bitcoin-donation-form

While doing online research I stumbled on this site that sells cars using bitcoin. This is new to me so I am asking you guys if you have experienced logging on this and bought some cars. Your feedback will be really helpful to my research on the usefulness of bitcoin.

wooow , amazhing , This can make the price of bitcoin increasingly uphill climb, and some of the problems of borrowing funds to buy a car can be used for people who have bitcoin

[Okurkabinladin]

It is really cool idea, however how to deal with stuff like reclamations and technical defects, when paying anonymously via internet? I would be very careful, unless you are dealing with already well established company, that is branching out towards bitcoin.

Sure, there were cars being auctioned off, here. There were and are ton of scammers too.

[Betwrong]

Have anyone visited this site they claim to sell cars using bitcoins. http://www.reversedealer.com/bitcoin-donation-form

While doing online research I stumbled on this site that sells cars using bitcoin. This is new to me so I am asking you guys if you have experienced logging on this and bought some cars. Your feedback will be really helpful to my research on the usefulness of bitcoin.

That's the right move from their side. If a seller starts accepting Bitcoin he definitely brings more attention to his shop either online or a walk-in one. I wish more places to start trading with Bitcoin, it's popularity and acceptance will grow that way.

[Tanic]

Have anyone visited this site they claim to sell cars using bitcoins. http://www.reversedealer.com/bitcoin-donation-form

While doing online research I stumbled on this site that sells cars using bitcoin. This is new to me so I am asking you guys if you have experienced logging on this and bought some cars. Your feedback will be really helpful to my research on the usefulness of bitcoin.

Never heard this news before, buying a car costs much more than ordinary goods, so accept bitcoin is tough job for a dealer, maybe the dealer can transact with bitpay, it would be much easy.

I am also surprised of such news. Must be the owner of this car shop are interested and believe in bitcoin. I am wander of this the first person who would buy a car with bitcoin.

[Cereberus]

Great way for marketing the business even to people "who think outside the box, i.e bitcoiners like us". This for sure will bring more attention to such site. If I were to live there I would be the first to go and visit them , just to have a talk and why not buy a used car for my own pleasure with my bitcoins. 9-10 bitcoins buy to you some very nice used car in US and 15 bitcoin buys you even better high class used car.

This is surely the right move for this business. I hope more businesses follow this example. This can only do good to bitcoin and vastly expand it's usage.

[ReLieD]

Like I don't think any automotive firm accepts Bitcoin.
But as far as I know if any does , then you can surely buy.
But I have a question why would you like to pay them in bitcoin.
Like USD would be better. With no other such complications.

[cpfreeplz]

I've seen a handful of cars being purchased either on bitcointalk or just being purchased with bitcoins and there were articles about it. It's relatively easy if both you and the seller are willing to deal in bitcoins but what makes it more difficult is the AML/KYC regulations in the cou try you're doing the purchase in. If the car's title is being transferred over to you you'd better be able to show how you came across the bitcoins you have.

[uneng]

If both parts accept, ok. But it's not a good deal to be done now. The bitcoin price changes everytime and if you buy a car that price for an example 5000$ in fiat, you will pay about 5 BTC- 5.5 BTC. When the bitcoin price increases more (and fast) you will had lost some bitcoins that could be better used. The best part of the deal is for who sells the car.

[soros017]

Have anyone visited this site they claim to sell cars using bitcoins. http://www.reversedealer.com/bitcoin-donation-form

While doing online research I stumbled on this site that sells cars using bitcoin. This is new to me so I am asking you guys if you have experienced logging on this and bought some cars. Your feedback will be really helpful to my research on the usefulness of bitcoin.

That's the right move from their side. If a seller starts accepting Bitcoin he definitely brings more attention to his shop either online or a walk-in one. I wish more places to start trading with Bitcoin, it's popularity and acceptance will grow that way.

This is indeed a great initiative. The good thing for them is that if Bitcoin becomes mainstream, they can attract a large amount of customers. If the service and cars have quality, I myself would consider the possibility of buying there.

[Bitcoinsummoner]

I think only bitcoin users that can sell  their car that accepting bitcoin.. but not all.. and i think there are still few bitcoin user there are selling car or buying car with bitcoin.. since its not a problem to buy car since bitcoin is money and they can meet them if they near in the place.

[Roger Burton]

It will very positive and good to start doing that kind of shopping from now one. It will a big step for btc and for us of course I don't know if something like that have ever happened but it would be awesome.

[maku]

Someone already posted about Tesla Car and after i googled it I see that internet is full of news about Tesla cars sold for bitcoin.
I am not 100% sure but it seems that Tesla Motors accepts direct bitcoin payments. Thought I can't find info about Bitcoin on their official site.

https://www.tesla.com/support

[boybugs18]

Each country has some law about selling/trading cars if the company is directly telling you that you can buy their cars using bitcoin much better and no hassle but if you cant you have to find a person who is willing to go for a trade using your bitcoin. I still think you have to spend fiat for paying fees and working thru the contract needed.

[RodeoX]

You may be interested in this: https://cars.overstock.com/

They sell almost any type of car you can buy for bitcoin. Currently they have 5,175,234 cars.

[boybugs18]

You may be interested in this: https://cars.overstock.com/

They sell almost any type of car you can buy for bitcoin. Currently they have 5,175,234 cars.

I think it depends on your location if you can find any car deal who accepting bitcoin if I'm not mistaken, I tried searching and obviously my country doesnt show any deals available  lucky to people who can find bitcoin deals as they can maximize their bitcoin usage.

[zahra4577]

Honestly speaking I do not understand the benefit to a seller for accepting bitcoin more so if bitcoin is not regulated in the country where his business is located.How is he going to show this deal in accounts?If he first convert bitcoin into fiat then what is the point of accepting bitcoin in the first place?

[jovs]

Each country has some law about selling/trading cars if the company is directly telling you that you can buy their cars using bitcoin much better and no hassle but if you cant you have to find a person who is willing to go for a trade using your bitcoin. I still think you have to spend fiat for paying fees and working thru the contract needed.

Certainly, you have to pay through fiat for shipping fee perhaps. However, sometimes sellers would include the shipping with with through your bitcoin payment. Whenever doing this transaction, I can't do it online since I can't acsertain if I would really get the car or not, regardless it was sold in a site. If I'll do trading my bitcoin to a car, I'll do it by meet ups so that I can assure that the car is in a good condition and I can get it as I paid for it.

[boybugs18]

Each country has some law about selling/trading cars if the company is directly telling you that you can buy their cars using bitcoin much better and no hassle but if you cant you have to find a person who is willing to go for a trade using your bitcoin. I still think you have to spend fiat for paying fees and working thru the contract needed.

Certainly, you have to pay through fiat for shipping fee perhaps. However, sometimes sellers would include the shipping with with through your bitcoin payment. Whenever doing this transaction, I can't do it online since I can't acsertain if I would really get the car or not, regardless it was sold in a site. If I'll do trading my bitcoin to a car, I'll do it by meet ups so that I can assure that the car is in a good condition and I can get it as I paid for it.

I dont think its good to buy a car far from your place and ship it, how can you save when you include shipping fee it is just not a package but a CAR so the fee is big that buying thru internet would be a disadvantage instead of just cashing out your bitcoin and buy it thru fiat.

[btvGainer]

Buying a car with bitcoin would not add any additional value to car but after few years that car would cost you more if bitcoin price is up.I read somewhere here that in early bitcoin days someone spent 10,000 BTC to buy a pizza.Today he could have bought a whole pizza restaurant with this amount

[nara1892]

I never heard about that site before. I just even see someone claimed that he bought a car by bitcoin, but a few people was doubt about it.

well, does the site have kind of testimony of people who have bought the car by bitcoin? if it does, then I think you can trust it.