Would You Rent A Car With Bitcoin?

[SoloTraveler777]

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

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[gentlemand]

Not for me at least. When I rent abroad I'm paying through the local portal at home so there's no exchange rate hassle. Also in many a place you can't have a car without them taking a large deposit on a credit card so they can steal it off you later. Not sure how many rental places would want to give that up.

[Mbitr]

Not for me at least. When I rent abroad I'm paying through the local portal at home so there's no exchange rate hassle. Also in many a place you can't have a car without them taking a large deposit on a credit card so they can steal it off you later. Not sure how many rental places would want to give that up.

Totally agree ! The rental companies always try to get something extra out of you - fuel , insurance, non existent damage . With crypto they will have to chase you and not just take the money automatically.

[ArIMy11]

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

I think it is not refundable when you rent a car with bitcoin. Right after I read this topic, I make a research and found this out https://www.e-zrentacar.com/blog/paying-for-your-car-rental-with-bitcoin/ .Yes I get the point of not bringing large amount of money on your pocket but I am still wondering what would I feel if bitcoin price rises. Of course I'll first regret because if I used fiat instead of crypto in that car rental, I already gain profit in my bitcoin.

[mk4]

Personally, it's going do depend on some few things. Though I personally very rarely rent cars, if I would rent one and if I knew this one car rental agency accepts bitcoin, I'd probably go with that one just for funsies. If I'd personally frequently rent cars, me paying with bitcoin vs fiat really depends on bitcoin's price at the time of the rental. If bitcoin's price are quite low,  I'd definitely use fiat.

[btc_angela]

Of course there could be some interest in we are going to pay or use our BTC. That's what we are all looking for right? bitcoin be adopted and used just like any currency. However, still depends on the price though, I would rather hold my bitcoin during a bull run, just saying.

[ultrloa]

I would say it depend on where am I since if there's a chance to pay with bitcoins in some countries when traveling abroad then it's ok since it can minimize the hassle to pay up by exchanging their native currency but if I'm just on my local place then it's a now since I always prefer to pay on everything since I feel comfortable by using it.

[cryptoaddictchie]

I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

I would love to also when we are going to use it for quick transportation. Im looking forward too, when crypto will be incorporated on famous car service such as Grab, or Uber (Though Uber has been removed now in our Country). But for the sake of bitcoin potential value to rise, I think I'll conserved it and pay for fiat, but depends if they can fix rhe volatility of price rate. Since btc change quickly so its gonna be confusion on the service provider and customer.

[LUCKMCFLY]

It is an effective way that the business begins to have another vision, much more modern, clearer and also focused on technology, also if they implement it and see the good results it will cause a domino effect on others, and they will adopt the same system of payments, this will bring even more adoption.

[Zeke_23]

I won't, I'd rather use fiat.
Based on my experience, they always asks for advance payment and keep asking for more later on. If bitcoin will be the mode of payment there are chances that you exceed on your budget fund. There are also instances that bitcoin suddenly drop and holders prefer to hold it, which is why I preferably want to use fiat over bitcoin when it comes to this.

[passwordnow]

I would love to but for special occasions like I don't have cash on hand. This is an effective feature but you don't have to remove the other payment methods that you're accepting. Have a test run if this is going to be an effective way to attract crypto users to pay the accepted crypto with your car company. Don't just accept any cryptocurrency but be specific with the most popular ones like bitcoin or Ethereum and you take the rest what the other alts that you think are good to accept.

[Oceat]

I would love to but for special occasions like I don't have cash on hand. This is an effective feature but you don't have to remove the other payment methods that you're accepting. Have a test run if this is going to be an effective way to attract crypto users to pay the accepted crypto with your car company. Don't just accept any cryptocurrency but be specific with the most popular ones like bitcoin or Ethereum and you take the rest what the other alts that you think are good to accept.

I'm with you. I am only renting if there's a special occasion that I want a car for the expenses travel like with a family or friends going out on a specific place. I'm not gonna rent though by using Bitcoin, I will always use cash especially if I am in a different country. Using Bitcoin to pay for something is a little hassle to me when in other country, I would rather use the most convenient choice for me.

[Willitivity]

I don't see this as much of a question to be asked again in this current time. An average bitcoiner would love to do everything with Bitcoin. There have been need of buying cars with Bitcoin. Me personally, would love that and even on the bigger side, an only crypto based vacation to any part of the world.

[Rengga Jati]

.....recently found some global online travel agencies such as EasyRentCars start getting into crypto payments.

Well, yes. Especially In the US. They are such as Miami Exotic Car Rentals, Miraflores Rent a Car, CABS Car Hire South Africa, and others (can be found in http://spendbitcoins.com/places/c/car-rental/).
Mostly, the companies or car rentals that accept Bitcoin as one of the payments is the big companies in the city that legalize BTC as payment. but for some other countries, it may be very difficult to find, moreover, BTC is still not legalized as a payment method.

.....how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

It will depend on the method of payment. Most of them may offer a fixed amount in USD first and then converting BTC into the fiat-based on the current rate. of, they offer the fixed BTC payment? Well, it will depend on how brave the company. However, if looking at the companies that accept BTC so far, they are mostly big companies and they are really smart to accept BTC or probably other trusted cryptocurrency as payment. For, it is one of the ways to follow the technology development and global era. More practice and easy enough.

I personally am interested in this kind of payment, it probably can increase the utility and use case of BTC or other cryptocurrencies. However, before using this crypto, I will prefer to consider and count on the rate of the BTC at the moment.

[The Sceptical Chymist]

Also in many a place you can't have a car without them taking a large deposit on a credit card so they can steal it off you later. Not sure how many rental places would want to give that up.

Mm, good point.  I've rented cars before as well, and they do indeed get a security deposit up front--and that's a smart practice IMO.  I don't necessarily think that would preclude bitcoin's use in renting a car, but it certainly would make it harder if a payment processor is used. 

In any case, I would not use bitcoin to rent a car, but that's just my bias against spending bitcoin when fiat can do the job just as well.  Why give up the potential of making a profit with bitcoin when you can spend fiat, which you'll never make a profit with?  If it came down to it, I'd pay for an Uber ride with bitcoin (assuming it didn't cost that much), but not for a car rental. 

[rodskee]

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

you may check also this thread as they are offering taxi service in Thailand accepting Bitcoin https://bitcointalk.org/index.php?topic=5190810.0 so if they
 can offer this then why not you?
about the question?of course i am happy using my Bitcoin for a car service
because in this i can spread the usage of Bitcoin and also
helping the circulation moving and not just for many to Hold.
and not just for car service i am planing to use also for booking my hotels if ever i am in vacation outside my city or country.
i am looking if Trivago will sooner let us use bitcoin in their Bookings.

[airdnasxela]

Personally no. I'm just the type of person who don't travel much and I just think that it's not the best way of payment when you're going to rent a car for travel purposes. And when you have a car or someone in your family who has a car, I don't think you would even need to rent a car in other agencies. But as for others, maybe they would. It depends on their preferences. I just haven't tried it yet so I don't know how it works but of course someone would still want to try using Bitcoin for renting a car. Maybe if they have no other choice.

[Sadlife]

It would be a total waste now to buy your Bitcoins with luxury and material things, especially when the halving event in nearing. Renting a car is also i think not beneficial because in the end it's only a limited time use, you'll have to return it eventually. When you can just go and commute, while you invest in cryptocurrency assets such as Bitcoin.
And when the time comes when bitcoin rally and hits ATH, you might be able to buy a car not rent it.

[Reid]

First problem is looking for it something that accepts crypto currencies.
I don't want to be stressed out just for that reason if there is another option that will be easier.

I support crypto but I also want to get real into not thinking too much.
I am lazy dude, just want to relax with every place that I will go. Who doesn't?
So, I would still prefer the easy way. Go to a car rental company and pay how it is supposed to be paid. If they have the other option for bitcoin then why not. As long as it is also a win for me. 

[BlackFor3st]

Hi guys, I'm working in the travel industry and recently found some global online travel agencies such as EasyRentCars start getting into crypto payments. I wonder how many crypto owners would be more interesting to purchase the service if the company accepts cryptocurrency? Would that be an effective feature?

If it will be possible in our area why not but I prefer using other currencies rather than bitcoin as I am concerned with the transaction fees because bitcoin is not that good to use in small payment compare to eth or xrp and etc.

This feature will be effective if the area have plenty of crypto users but if there are very few then it is not that effective. Crypto is very easy and simple to use therefore many will surely use a service that accepts this payment options if it is available in their area and I am one of them if in case there will be services here in our country that accepts crypto currencies as payment not only in car rents.