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Author Topic: How To Buy A Car With Bitcoin  (Read 16764 times)
Haladay
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April 07, 2017, 02:25:31 PM
 #21

Why do you push yourself to buy a car via bitcoin? Just cash your bitcoin out and move to the car dealer to buy whatever you want. You don't need to buy it via bitcoin directly.

Because cashing out huge amount of bitcoin was very time consuming and it requires a huge amount for transaction fee, Plus if you are planning to convert huge amount BTC to fiat, Then you might face an audit about on where do you get that sudden amount without any history of your resources. You might accused a money laundering case due to tax evasion and so on, Buying a car directly by bitcoin payment is the coolest thing i've heard so far on bitcoin history.

"Because cashing out huge amount of bitcoin was very time consuming and it requires a huge amount for transaction fee"
Totally wrong. Cashing out bitcoin in an exchange market takes 1-2 seconds at most. Yeah, 1-2 seconds is really too much time right? What do you mean time consuming? What is that? Are you gonna die or sth If you buy that shitty car couple of seconds/minutes/hours later? Huge transaction fees, what is huge? You wouldn't even pay more than a couple of dollar to send dozens of bitcoins.

"You might accused a money laundering case due to tax evasion"
For this, I'm not gonna reply really, assuming you're really kidding us or making joke instead.
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ibatcakes
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June 17, 2017, 01:45:15 PM
 #22

Why do you push yourself to buy a car via bitcoin? Just cash your bitcoin out and move to the car dealer to buy whatever you want. You don't need to buy it via bitcoin directly.

Because cashing out huge amount of bitcoin was very time consuming and it requires a huge amount for transaction fee, Plus if you are planning to convert huge amount BTC to fiat, Then you might face an audit about on where do you get that sudden amount without any history of your resources. You might accused a money laundering case due to tax evasion and so on, Buying a car directly by bitcoin payment is the coolest thing i've heard so far on bitcoin history.

"Because cashing out huge amount of bitcoin was very time consuming and it requires a huge amount for transaction fee"
Totally wrong. Cashing out bitcoin in an exchange market takes 1-2 seconds at most. Yeah, 1-2 seconds is really too much time right? What do you mean time consuming? What is that? Are you gonna die or sth If you buy that shitty car couple of seconds/minutes/hours later? Huge transaction fees, what is huge? You wouldn't even pay more than a couple of dollar to send dozens of bitcoins.

"You might accused a money laundering case due to tax evasion"
For this, I'm not gonna reply really, assuming you're really kidding us or making joke instead.

he is not wrong i got accused of tax evasion when sold some of my btc and had to pay 23% to taxes
Lionidas
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June 17, 2017, 10:04:54 PM
 #23

There is a site where you can purchase an automobile using bitcoin.
Some high performance cars and not your usual point a to point b type car either. Undecided

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David19
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June 18, 2017, 01:47:30 PM
 #24

Bitpremier is a great service, but the one HUGE problem they have is the 5% commision that they charge, making most of the car listings really overpriced
JohnPotterPlpl
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June 19, 2017, 11:49:26 AM
 #25

Lambo here I come Wink

Well this is future... they will profit more then others with open minded ideas



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xLittlegirly
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June 19, 2017, 12:41:20 PM
 #26

Good info on Car Website !

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June 19, 2017, 03:34:34 PM
 #27

You can buy a Tesla Model S with bitcoins via Openbazar.

I really wonder why mostly expensive cars (refering to Tesla and Lamborgini from OP) are sold for bitcoin, why not sell an average car for BTC, would make so much more sense.

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David19
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June 19, 2017, 04:00:55 PM
 #28

You can buy a Tesla Model S with bitcoins via Openbazar.

I really wonder why mostly expensive cars (refering to Tesla and Lamborgini from OP) are sold for bitcoin, why not sell an average car for BTC, would make so much more sense.

Because Luxurious cars like Lamborghini are hard to sell, so the more payment methods they can accept the better for them. While car's like toyota's sell like candy bars, so there is no big need for them to be looking into adding bitcoin as a payment method
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June 20, 2017, 06:38:10 PM
 #29

Anybody knows where to buy lamborghini, outside of the usa?


All offers are from usa  Embarrassed
David19
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June 20, 2017, 06:59:07 PM
 #30

Anybody knows where to buy lamborghini, outside of the usa?


All offers are from usa  Embarrassed

If you are seriously interested in purchasing a lamborghini you can drop me a pm, I got some contacts
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August 20, 2017, 09:56:39 AM
 #31

Thats right because btc can purchased almost everything. Maybe btc also used to buy house.

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August 24, 2017, 01:15:37 AM
 #32

Wow bitcoin is very use now in day, you can a car. Who know's it will be the future using bitcoin to buy things.

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September 27, 2017, 05:39:45 PM
 #33

probably useful info.
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September 28, 2017, 01:10:57 PM
 #34

Its must be lot of btc by the way
Can bitcoin make money doesn't have value anymore someday?

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September 29, 2017, 06:41:31 AM
 #35

I asked him about how we buy cars with bitcoin, whether we do a credit system using bitcoin or buy directly with bitcoin.
can we use a credit system using bitcoin to buy a car?
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September 29, 2017, 01:53:01 PM
 #36

Hah looks great ways to redeem the bitcoin  Tongue
IIIIIIIII#VIP#IIIIIIIII
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September 30, 2017, 12:56:56 PM
 #37

For those who use bitcoin for a long time there will be no difficulty in exchanging their bitcoins for dollars. And then with the help of dollars, buy everything he needs.

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September 30, 2017, 01:11:36 PM
 #38

I would do it for sure. The tax consequences in the US would be brutal through.

#1. Pay capital gains tax on your BTC
#2. Pay sales tax on your car

 Undecided
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September 30, 2017, 01:21:50 PM
 #39

For those who use bitcoin for a long time there will be no difficulty in exchanging their bitcoins for dollars. And then with the help of dollars, buy everything he needs.

Do you use localbitcoins.com?
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October 02, 2017, 07:15:11 AM
 #40

This topic is very informative, without checking this thread I wouldn't know that it is possible to buy cars directly using bitcoins. But I think this is not yet applicable here in the Philippines (correct me if I'm wrong), but its good to know that bitcoin is beginning to be acceptable to use in real world applications in other countries. And I think once it gets stable in other countries, sooner or later this will be applied in the Philippines, I have a feeling it's going to be near since virtual currency are beginning to make noise. 

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