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Author Topic: motorcycle loans using bitcoin?  (Read 4145 times)
sikke
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April 22, 2017, 02:36:38 PM
 #81

Being serious?
I highly doubt that there is any motorcycle dealer available (let's say in any country), who really accepts bitcoin as a one of the payments option, especially if we talk about the country which is not so highly developed.
The chance that you can get motorcycle leasing with bitcoin is also small, but why won't you just get a loan in bitcoins, for buying a motorcycle?
Im sure that someone here will be ok with that, obviously only if you will provide a collateral that is enough for a guy that has a loaning service.

Still, the whole idea makes no sense for me.
It is way better to simply earn the money for that purpose, and spend it on some real shop, without taking a loan for such a thing.
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April 22, 2017, 03:59:06 PM
 #82

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

where I have no motorcycle dealer who accepts payments in cash and credit to use bitcoin, the cause is the area I was still rare bitcoin users so maybe its dealers also are not thinking in that direction.
Just try using the manual method and i think a lot of the delaers will accept yo pay with your bticoin indirectly. exchange them for some bucks.
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April 22, 2017, 04:09:11 PM
 #83

We are not in ready for that time yet. Bitcoin is on it's way to grow popularity in around the world, but it's​ haven't done anything about real life payments like what your thread about. To arrive at that time, bitcoin need to be familiar in all peoples knowledge. For example, tell your neighbors about bitcoin and you'll see not all the people knows bitcoin.
And yeah, not just renting or buying motorcycle. You can buy house with bitcoin if it's start familiar. Not only popular in communities.

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April 22, 2017, 04:22:58 PM
 #84

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

I think if this actually happen, then it will risk the leasing company or the buyer since bitcoin value is still consider as risky investment means that the value still unpredictable so it can made both of parties whenever they profit or loss.

So bitcoin still can't be use for 100% fiat purpose,IMO

Smiley
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August 05, 2017, 10:32:08 AM
 #85

Until now I do not know if there is a party of dealers who provide motor loans, make payment transactions with bitcoin. I think that's very hard to do, bitcoin is a virtual currency that is not yet stable. Every minute bitcoin prices tend to change, I think that is the problem, because as I know, motorcycle loan by the dealer is done in installments. Maybe if we buy a motor with a payment made only once. New can be done. If there is a dealer doing that I think it is a very bold decision.

 
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DrGuns4Hands
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August 05, 2017, 10:44:53 AM
 #86

in my country i don't think they know bitcoin well if they don't know i can still loan but i need to cash out my bitcoin first before to get a loan of a motorcycle. but still i think someday in my country would accept bitcoin as a payment on everyday life in that case i can easily budget my everyday life and also i can live more less hassle in my country.
Sniper150
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August 05, 2017, 10:50:27 AM
 #87

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

I think there is no motorcycle dealer here in my country accepting bitcoin. If any, then that was a nice system. I hope that here in the Philippines could also a motorcycle dealer that accepts bitcoin, I would pay my monthly payments using my bitcoin savings in my wallet. Such a nice idea that if we don't have a fiat cash to pay monthly then this is an alternative way to pay for it.
Lieldoryn
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August 05, 2017, 11:16:36 AM
 #88

If you don't have the money for a new motorcycle then the loan is not the best solution. You can take a motorcycle second hand and save money on a new. Once you buy new motorcycle you sell and get what you was on wheels and not lose money on the interest on the loan.
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August 05, 2017, 07:04:47 PM
 #89

Loan? Well you can loan or buy if that person is also using bitcoin. You just have to agree to terms and conditions that you two should create.  Another thing is you can exchange bitcoin to your country's currency then from that you can buy/loan.
mariahh
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August 05, 2017, 07:41:35 PM
 #90

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

It sounds great,I would say a dream for every motorcyclist is to take a motorcycle,and it would be astounding to achieve this goal with such an "easy" way like bitcoins.If there is something indeed or something similar please inform  the people!!
craZyLovE0916
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August 05, 2017, 08:20:31 PM
 #91

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

It sounds great,I would say a dream for every motorcyclist is to take a motorcycle,and it would be astounding to achieve this goal with such an "easy" way like bitcoins.If there is something indeed or something similar please inform  the people!!

Unfortunately I don't think this service exists. I have never even heard of such a thing being popular with normal fiat so it is unlikely that it will happen with Bitcoin anytime soon.

Why not start one yourself? Make a website to lease/loan motorcycles for Bitcoin in your city and advertise it (local classifieds, newspaper, radio, etc.). This is a great way to spread the knowledge of Bitcoin also!
basyang
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September 27, 2017, 04:42:44 AM
 #92

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?


     In my opinion, as far as I know here in my country the motor dealers did not accept bitcoin as credit payments for motors, well I think it is because bitcoin is still not a popular fees here and few people are only knew about bitcoin and the companies must choose cash as payment rather then bitcoin because it is not legal. Well, maybe there are some country accept it in leasing motors.

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UCHCHILD
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September 27, 2017, 04:55:48 AM
 #93

Leasing or dealer, looking for a company that accept bitcoin is so hard to look for because the value of bitcoin is volatile which merchants or dealer do not like. Even a house and cars or four-wheels are hard to look for a dealer, unless you find a bitcoin enthusiast in your country or place.
LuanX3
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September 27, 2017, 05:02:20 AM
 #94

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

I am guessing, wherever and whichever country you are, there is none that will give that loan to you. It would be better if you just got a loan with the bank and paid the motorcycle with fiat. Then when it is time to pay your installment just convert your bitcoins fiat and pay the bank. Easier than finding someone accepting bitcoin payments.
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September 27, 2017, 05:28:07 AM
 #95

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

I am guessing, wherever and whichever country you are, there is none that will give that loan to you. It would be better if you just got a loan with the bank and paid the motorcycle with fiat. Then when it is time to pay your installment just convert your bitcoins fiat and pay the bank. Easier than finding someone accepting bitcoin payments.
Your right I don't know if there's country who accept bitcoin as payment for loan regarding motorcycle. There's were some goods or items whose buy in the market or online shop were paid by bitcoin currency, however in terms of vehicles I can't  encountered people who accept bitcoin as exchange of it.
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September 27, 2017, 05:45:00 AM
 #96

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

I am guessing, wherever and whichever country you are, there is none that will give that loan to you. It would be better if you just got a loan with the bank and paid the motorcycle with fiat. Then when it is time to pay your installment just convert your bitcoins fiat and pay the bank. Easier than finding someone accepting bitcoin payments.
Your right I don't know if there's country who accept bitcoin as payment for loan regarding motorcycle. There's were some goods or items whose buy in the market or online shop were paid by bitcoin currency, however in terms of vehicles I can't  encountered people who accept bitcoin as exchange of it.
It is not mainstream for the vehicle shops to accept bitcoin as a mode of payment because the companies are not yet interested in bitcoin and they don't prefer a currency that doesn't have fixed amount of value so it is hard for them to trust bitcoin and accept it. Bitcoin is not yet world wide known as a great currency so it might be a factor why vehicles sellers are not accepting bitcoin.
salmanahmedone
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September 27, 2017, 05:15:02 PM
 #97

I think in my country no motorcycle dealer / leasing accept credit payments with bitcoin. Maybe in another country someone did that, I do not know that. Or maybe you can ask directly to the motorcycle dealer / leasing in your area whether accepts bitcoin or not, who knows someone who uses and willing to accept credit payments with bitcoin. But so far there are still few who accept credit payments with bitcoin.


Actually, there is still no company that really accept bitcoin for payment due to unpredicted and continual increase or decrease of its value which give possibly negative to merchants. In the field of Motorcycle / Car buying, the bitcoin is not that much popular. One reason can be that since people buy these things physically so they also prefer payment in local currency cash.
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September 27, 2017, 05:23:15 PM
 #98

I think in my country no motorcycle dealer / leasing accept credit payments with bitcoin. Maybe in another country someone did that, I do not know that. Or maybe you can ask directly to the motorcycle dealer / leasing in your area whether accepts bitcoin or not, who knows someone who uses and willing to accept credit payments with bitcoin. But so far there are still few who accept credit payments with bitcoin.


Actually, there is still no company that really accept bitcoin for payment due to unpredicted and continual increase or decrease of its value which give possibly negative to merchants. In the field of Motorcycle / Car buying, the bitcoin is not that much popular. One reason can be that since people buy these things physically so they also prefer payment in local currency cash.

If loss is the one that's faced by the merchants that accept bitcoin, then now it could have decline in value. Day by day the usage along with market acceptance and merchandisers using bitcoin a payment source has increased tremendously. As a form of lending motorcycle and car loans might be evaluated and provided. This is a unique business try. But it won't profit big until it becomes more popular. Maybe in China or Japan such services will be yielding good.

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September 27, 2017, 05:25:31 PM
 #99

I think in my country no motorcycle dealer / leasing accept credit payments with bitcoin. Maybe in another country someone did that, I do not know that. Or maybe you can ask directly to the motorcycle dealer / leasing in your area whether accepts bitcoin or not, who knows someone who uses and willing to accept credit payments with bitcoin. But so far there are still few who accept credit payments with bitcoin.


Actually, there is still no company that really accept bitcoin for payment due to unpredicted and continual increase or decrease of its value which give possibly negative to merchants. In the field of Motorcycle / Car buying, the bitcoin is not that much popular. One reason can be that since people buy these things physically so they also prefer payment in local currency cash.

If loss is the one that's faced by the merchants that accept bitcoin, then now it could have decline in value. Day by day the usage along with market acceptance and merchandisers using bitcoin a payment source has increased tremendously. As a form of lending motorcycle and car loans might be evaluated and provided. This is a unique business try. But it won't profit big until it becomes more popular. Maybe in China or Japan such services will be yielding good.

Why are we that wondering about bitcoin usage. We can convert bitcoin into fiat money and we can spend it on all the merchants clearly. So we don't have problem now to spend out bitcoins.
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September 27, 2017, 06:18:10 PM
 #100

is there a motorcycle dealer / leasing accept credit payments motor using bitcoin?

I am guessing, wherever and whichever country you are, there is none that will give that loan to you. It would be better if you just got a loan with the bank and paid the motorcycle with fiat. Then when it is time to pay your installment just convert your bitcoins fiat and pay the bank. Easier than finding someone accepting bitcoin payments.
Your right I don't know if there's country who accept bitcoin as payment for loan regarding motorcycle. There's were some goods or items whose buy in the market or online shop were paid by bitcoin currency, however in terms of vehicles I can't  encountered people who accept bitcoin as exchange of it.
It is not mainstream for the vehicle shops to accept bitcoin as a mode of payment because the companies are not yet interested in bitcoin and they don't prefer a currency that doesn't have fixed amount of value so it is hard for them to trust bitcoin and accept it. Bitcoin is not yet world wide known as a great currency so it might be a factor why vehicles sellers are not accepting bitcoin.
In my country, it does not means no one not accept Bitcoin, but have very little of people accept Bitcoin to payment something. But you can find them easily when you are a member in a large Bitcoin group, even not only Bitcoin can use to payment, you also can use altcoin has high rank like Ethereum, Ripple, Litecoin, Monero, Dash ...

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