Cars That Can Be Purchased with Bitcoin

[Pmalek]

Tesla made plenty of headlines recently when they announced they’ve made it possible to purchase their cars with Bitcoin. But this company was not the first to offer customers payment methods in cryptocurrencies. I have listed various other dealerships located mainly in the United States which have started accepting crypto payments as early as 2015.

Let’s see what kind of cars you can buy with bitcoin, and where:


1.
NAME: Carriage Auto Group
LOCATION: Georgia, USA
OFFER: Nissan, KIA, Mitsubishi, and Mazda.

ABOUT: Carriage Auto Group is located in Georgia. They are a car dealership with over 25 years of experience in selling new and used cars. They started accepting bitcoin payments in 2015. Brands such as Nissan, KIA, Mitsubishi, and Mazda are on offer.

2.
NAME: Lamborghini Newport Beach
LOCATION: Orange County, California
OFFER: Lamborghini, Alfa Romeo, Ferrari, McLaren, Porsche, Aston Martin, Bentley, Chevrolet, Ford, Land Rover, Mercedes.

ABOUT: A Lamborghini dealer from Orange County that’s been in business since 2010. They sell new and pre-owned luxury cars. In 2017, they announced that they have started accepting bitcoin payments for their vehicles on their official Twitter feed.

3.
NAME: Bitcars
LOCATION: Geneva, Switzerland
OFFER: Supercars, luxury cars, bikes, motorhomes, Off-roaders, Oldtimers.

ABOUT: Bitcars is a car dealership website that sells luxury cars and Oldtimers for bitcoin since 2016. Besides cars, it’s also possible to purchase bikes, motorhomes, and yachts. They made a post on Bitcointalk announcing their car dealership services in 2018.

4.
NAME: Stephen James Enfield BMW
LOCATION: Enfield, London
OFFER: BMW

ABOUT: Stephen James Enfield is an English car dealership that sells brand-new and used BMWs to customers in the UK. They made an official statement on their site that they also accept bitcoin payments.

5.
NAME: Michael's Auto Plaza
LOCATION: East Greenbush, New York
OFFER: Chevrolet, Ford, Dodge, GMC, Jeep, Nissan, Ram, Subaru, etc.

ABOUT: Michael's Auto Plaza is owned by the Rubinchuk family. They have been in the business of selling used cars in the state of New York for 15 years. Bitcoiners have the option to purchase vehicles from this store with bitcoin.

6.
NAME: Bob Moore Auto Group
LOCATION: Oklahoma, USA
OFFER: 18 different car brands.

ABOUT: The Bob Moore car dealership is located in Oklahoma. They own 15 stores in the state and sell 18 different brands of cars. In 2019, it was announced that the company will start accepting Bitcoin, Ethereum, and Litecoin.

7.
NAME: Classic Recreations
LOCATION: Oklahoma, USA
OFFER: Custom-made Mustangs.

ABOUT: This company is located in Oklahoma and specializes in recreating and restoring various Ford Mustang models. Since 2018, they have been accepting bitcoin and other cryptocurrencies for their custom-built cars.

8.
NAME: Post Oak Motor Cars
LOCATION: Houston, Texas
OFFER: Bentley, Rolls-Royce, Karma, and Bugatti.

ABOUT: Post Oak Motor Cars operates out of Houston, Texas and offers new and pre-owned Bentley, Rolls-Royce, Karma, and Bugatti luxury cars. Crypto holders are welcome to pay for their new car with bitcoin.

9.
NAME: Carriage Nissan
LOCATION: Gainesville, Georgia
OFFER: Nissan

ABOUT: This car dealer offers new and used Nissan cars and maintenance services. Bitcoin holders have the option to pay with cryptocurrencies.

10.
NAME: IDOM Inc.
LOCATION: 24 stores across Japan
OFFER: Mercedes Benz, BMW, Audi

ABOUT: IDOM Inc. is a car dealership that specializes in the sale of used cars. In December 2017, they introduced bitcoin as a payment option for purchases up to 100 million yen, approximately $888.000. If successful, their plan is to expand and start accepting bitcoin payments in 550 subsidiary branches across the country.

11.
NAME: L’Operaio
LOCATION: Setagaya, Nerima, and Aoyama in Japan
OFFER: Mercedes Benz, AMG, BMW, Audi, Porsche, Volkswagen, Volvo, Lamborghini, Maserati, Fiat, Alfa Romeo, Bentley, Rolls Royce, Aston Martin, Land Rover, Jaguar, Peugeot, Citroen

ABOUT: L’Operaio sells pre-owned luxury cars in Japan. On 1 December 2017, they added bitcoin as a means of payment. The company will accept payments up to 200 million yen in three of their branches across Japan.


There are many other individuals and sites that accept crypto, but I tried to filter out legit dealerships that have been in the car sale business many years.
Source: https://www.hotcars.com/car-companies-accept-bitcoin/

[Daniel91]

Pmalek, you are truly amazing, where you just find all that information? 
I thought Musk and Tesla were the first and only ones and now I see that I have a lot more options to buy a car with my bitcoin, once I decide to sell my bitcoin and buy myself a new car.
I think Lamborghini will be my choice 

[lovesmayfamilis]

I think that any self-respecting company, to be at the forefront of technology, is ready to go to all the whims of customers, and will easily add another convenient payment method. Recently, this has ceased to be something surprising, since many companies, long before Elon Musk's proposal, sell their cars for cryptocurrency. Therefore, no matter how the government builds barriers to accepting bitcoin, payment in bitcoin is becoming more and more popular.

https://bitcars.eu/collections/buy-premium-luxury-cars-with-bitcoin-and-crypto

[Zilon]

Nice research. Tesla made his public on his Twitter handle. Once Bitcoin gets full acceptance whereby small scale enterpreneurs begins to transaction with Bitcoin globally. My question remains would it be economically wise to use Bitcoin to do transactions considering the fee charged for each transaction?

[Bitbtc8]

I believe every cars or item can be purchased by bitcoin or crypto if the sellers understands what it means to get paid by BTC or other, thanks for the list OP and I believe that every car dealers will start accepting crypto for payment in future, good research mate

@Zillon fee charges when making transactions with BTC isn't a problem at all, millions in BTC can be moved with few dollars and I don't see the difference in charges because keeping my money in bank account there are monthly charges for the service

[aoluain]

Good list Pmalek, certainly good to know. I'm sure after Bitcoin passes $100k
some people may be looking to trade up their car, what better way than to use
Bitcoin to take profits and reward yourself.

I made a thread last month and listed 2 sites, one in the U.K offering cars for Bitcoin
and the other in Italy offering Cars as well as other items.

Here are 2 sites which offer the opportunity to buy and sell with Bitcoin.

Auto Coin Cars

How To Buy and Sell Cars Online with AutoCoinCars!

Cutting the cords of complexity and bringing ease for car lovers!

When you decide to buy your car or sell it, AutoCoinCars is your best friend.

We offer options from a variety of verified dealers. Our listings include only the best vehicles at the most affordable prices.
There are many ways AutoCoinCars can help their customers buy and sell a car.

Our digital store is filled with multiple options; it features a massive collection of new and used cars for sale.
Our website lists only the most trusted of dealers across the UK.

We ensure that customers feel confident about making the right choice. We can help you find the perfect used car too.

Whether you are looking for vehicles available in the local area or performing a quick search according to the make and model of the car,
the Buy Cars page presents a clear picture to assist you with the research of your car.

We want to give our customers a hassle-free experience when they buy cars online in the UK.

Crypto Emporium

The world’s first Crypto-Only luxury emporium. Launched in February 2018 offering a wealth of high-end
items available for purchase in Bitcoin, Litecoin, Ethereum, Ripple, Verge and Decred. From cars, yachts and property
to watches and an extensive and affordable electronics department. Crypto Emporium makes use of industry contacts
 and international trade agreements to search for only the highest-quality of products at competitive prices.
We believe that in order for cryptocurrencies to prosper, we need to see real-world use cases of digital currency.
Crypto Emporium strives to address that need. By offering a valid solution whereby holders of cryptocurrency can
exchange their coins for tangible physical goods and investments.  The benefits of blockchain and borderless cryptocurrency
transfers are numerous, it allows funds to be transferred worldwide virtually instantaneously and without incurring
extensive transfer charges. This allows Crypto Emporium to operate a truly Worldwide trading operation.

[Pmalek]

Pmalek, you are truly amazing, where you just find all that information? 

Thanks! It's just raw talent I guess

I think Lamborghini will be my choice 

Be careful with Lamborghinis on our roads. Those two don't always fit well.

My question remains would it be economically wise to use Bitcoin to do transactions considering the fee charged for each transaction?

Banks charge fees for all transactions. The same goes for payment providers such as PayPal or Skrill. I can answer that with a counter-question. Is it wise to use a bank to receive money over international borders considering that banks and their intermediary banks charge at least $€10-50 per international wire transfer?

I'm sure after Bitcoin passes $100k some people may be looking to trade up their car, what better way than to use Bitcoin to take profits and reward yourself.

While I researched this topic before writing this thread, I found an interview with a car dealer who sells sports and luxury cars. He mentioned that during the bull run of 2017, there was a huge increase of clients who purchased expensive cars from him with cryptocurrencies (mostly bitcoin). 20 customers in a short period of time.

[LeancyBTC]

Thanks for giving us useful information. However, I live in a country where using bitcoin to purchase goods or cars is prohibit. Therefore, no company wants to against the government or they will be punished immediately. If I had a chance to live in the US or the EU, I would spend my bitcoin to own a car to show my empathy to bitcoin fans among the world.

I guess many people will prevent me because of the potential of bitcoin and I might regret once the price of bitcoin increases higher. But actually, I do not care at all

[Rruchi man]

A very informative read. Thank you for the enlightenment, i guess the media especially "twitter" is the real hype. Elon musk's announcement that Tesla will start accepting payment in cryptocurrency was blown all over the media, making it seem like they were the first to many and to me to do such. This is probably because the company's CEO (that is Elon Musk) is one who is known to be very influential and a futurist with a very large fan base. Another reason to consider as well is that in 2015, twitter (the chief hype media responsible for many markets shift like we see) did not have as much users as it has now. If it did, maybe a tweet from their official Twitter handle would have went viral.
Another very interesting reason to consider why this information was not widespread is that in 2015, many were not conversant with the term cryptocurrency, there was little acceptance and adoption, hence many were uninterested unlike now when the percentage of people with crypto currency knowledge has greatly increased.

[Pmalek]

However, I live in a country where using bitcoin to purchase goods or cars is prohibit.

Hold on to your coins. Regulatory frameworks and laws can always change. When it comes to the government's stand towards cryptocurrencies, when they realize they can tax it and benefit from it, their opinions could change. Even if it doesn't, you never know what the future holds for you and one day you might find yourself living and working a a crypto-friendly nation.   

[Leviathan.007]

I don't know where do you live currently but here in my country where I live you can buy any kind of car via bitcoin by simply going to the car exhibitions/car shows however, they will ask you for KYC and some tax documents. As another option to buy the car directly from the company as far as I know there are many companies such as tesla and they officially accept bitcoin as payment. These day everyone knows the value of bitcoin and they are increased to deal with you if you do have bitcoin in you hands.

[giantrobot]

I think that any self-respecting company, to be at the forefront of technology, is ready to go to all the whims of customers, and will easily add another convenient payment method. Recently, this has ceased to be something surprising, since many companies, long before Elon Musk's proposal, sell their cars for cryptocurrency. Therefore, no matter how the government builds barriers to accepting bitcoin, payment in bitcoin is becoming more and more popular.

https://bitcars.eu/collections/buy-premium-luxury-cars-with-bitcoin-and-crypto

It is true that Bitcoin is increasingly used. Previously it was only for investors who hoarded potential profits. Now it can become a payment vehicle when purchasing. Therefore, buying cars and paid by Bitcoin is a very normal thing. Especially for large companies and services, they should accept payment by Bitcoin. The technology era 4.0 will open for electronic money to thrive.

[Renampun]

good topic, can't wait for something like this to happen in my country...
in my country Bitcoin still cannot be used as a means to pay. in our country Bitcoin is still legalized as a type of investment that cannot be used as a medium of exchange for paying. sure in the future in my country there will be many showrooms that accept Bitcoin payments.

[sunsilk]

Thanks for this list, this is interesting to know what cars can be bought through bitcoin and what dealers are accepting it. I'll now have another pastime to check what are the good cars to be purchased with bitcoin and just another day-dream on my end and that's fine.

I hope that these known manufacturers would expand outside of those localities and will have their dry-run or experimentation for the other countries that are bitcoin-friendly and, will have an announcement about purchasing their cars with bitcoin.

[Vaskiy]

That's really interesting to see a huge list of dealers into car business accepting bitcoin. People will be thinking that Tesla is the only company to accept bitcoin for the purchase of a car. This is all because of the news that is spread out globally. Anyhow it is the beginning and we can expect big change in the global trade market of cars.

[Alucard1]

Its good to see a list of expensive cars that we have in the thread and happy to see that they are now accepting bitcoin for payment, maybe this would be a great thing for those bitcoiners who are planning to buy a car, This is respecting for cryptocurrency as they now accepting it as a means of payment, hoping that we could see more project or business that will accept bitcoin as well like this.

[Pmalek]

in our country Bitcoin is still legalized as a type of investment that cannot be used as a medium of exchange for paying.

Many countries view Bitcoin not as legal tender but as a type of investment or commodity. From the top of my head, I can't remember a jurisdiction that considers Bitcoin money or legal tender. I thought Japan did, but after a quick search I found that Japan treats Bitcoin as taxable property.

Even these car dealerships I listed don't hold their bitcoins. They exchange it to fiat through payment providers such as Bitpay or Coinbase, but at least people have the option to use their coins to purchase something. What the merchant does with them later is his problem.

[Kayum10029]

Why don't we speculate as much about Bitcoin as we have no profit because Bitcoin has not been legalized in our country.  Bitcoin has already been legalized in many countries but in our country the government is proposing a strong opposition to Bitcoin.  Tesla and other companies are delivering their products through bitcoin but our country is still ignorant about the use of bitcoin.

[amihada]

other companies do not believe in bitcoin if they understand bitcoin they will also take Tesla but that will happen someday many companies will accept bitcoin.

[isaac_clarke22]

~

One day, my country will be included in the list as well.
It might take a while since not a lot of people have been at least knowledgeable to cryptocurrencies and stuff.