Lucius
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April 13, 2021, 10:47:17 AM |
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I remember that several sellers in Japan made it possible to buy cars in late 2017 and early 2018, one of the most famous was certainly L'Operaio, and more on that can be read here Japanese Luxury Car Dealer To Accept BTC As Payment Option Through BitFlyer Exchange. Also when it comes to Japan, we should mention another company that specializes in the sale of used cars, and in 2017 it announced Bitcoin as a method of payment - Japanese used car company Idom to support bitcoin payments. One interesting fact that some may not have heard of, but at the end of last year the first car in Croatia that was paid with Bitcoin was sold - I'm not sure if it is the first in this area of Europe, but it is certainly the only one I know of.
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AniviaBtc
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April 13, 2021, 11:29:38 AM |
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Good research, these are an example that bitcoin can be utilized not only as an investment but also as a payment tool.
This a good adoption for bitcoin to enter automotive industry. Elon Musk or Tesla started this kind of concept to accept bitcoin when someone is wants to purchase one using bitcoin. I just wanna know if there's also a payment tool using bitcoin in buying a real estate.
I'm willing to learn more about the importance and new uses of bitcoin in many industries.
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Fundamentals Of
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April 13, 2021, 12:22:49 PM |
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This a good adoption for bitcoin to enter automotive industry. Elon Musk or Tesla started this kind of concept to accept bitcoin when someone is wants to purchase one using bitcoin. I just wanna know if there's also a payment tool using bitcoin in buying a real estate. Elon Musk or Tesla did not start this kind of concept. Even before Tesla or Elon Musk bought Bitcoin and then accepted Bitcoin as payment, there were already a number of car dealers that accepted Bitcoin payment. Tesla came out as one of them later, years after the first dealer sold cars for Bitcoin, among other payment options. As for real estate, just recently, the real estate company of Rick Caruso which is based in Los Angeles is now accepting Bitcoin as payment rents for its real estate properties. If they are selling, they might also be accepting Bitcoin offers. Also, Real Estate Maximums is also accepting Bitcoin as payment.
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Gozie51
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April 13, 2021, 12:44:28 PM |
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This is good work and is going to make interested people to know easy way to go for orders on cars payable with bitcoin Bitcoin keeps breaking barriers and that is reflecting on the price. I think curio also is designed for payment for cars and more.
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masterrex
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April 13, 2021, 12:57:14 PM |
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Thats good to know that Bitcoin is already accepted as payment to purchased cars, not just ordinary cars but including those luxury and even supercars, Wow how I wish I am a Bitcoin Millionaire and bought Bentley cars using Bitcoin, by the way, I believe that the Bitcoin acceptance as a payment for the luxury cars and many other products will expand globally in due time.
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aysg76
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April 15, 2021, 12:51:47 PM |
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These days it has become a common topic of discussion that Bitcoin is being readily accepted by many as means of payment but there is a reason for this.The clever minded businessesmen or companies are completing their two main objectives by accepting Bitcoin as payment.Both of them are stated below:
1) The fiat payments will decrease the company wealth over the time with increasing inflation but on the contrary basis when they have Bitcoin as payment for their services and products they gain huge profits when the prices increase.Profit growth is their main objective.
2) With these technical updations and accepting btc and other altcoins company caters to the need of public and with more and more people getting engaged in crypto the companies want to provide them services according to the current market trend which is shifted towards crypto market instead of fiat.
3)Moreover they gain enough with Bitcoin holdings shortly ,that they have not gained during their entire course of business operations.
Many will join the list in every sector until btc become mainstream completed giving edge to edge competition to fiat.
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giantrobot
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April 15, 2021, 01:28:21 PM |
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Pmalek, you are truly amazing, where you just find all that information? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Congratulations on new cars. You can buy cars and pay directly with Bitcoin. Which country are you in? Does your country accept electronic money? Japan, USA and India are all countries accepting payment by Bitcoin. If your country lives only accepts cash payments, you can sell Bitcoin to exchange cash to buy cars.
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Pmalek (OP)
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April 16, 2021, 06:30:44 AM |
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1) The fiat payments will decrease the company wealth over the time with increasing inflation but on the contrary basis when they have Bitcoin as payment for their services and products they gain huge profits when the prices increase.Profit growth is their main objective. Besides Tesla that keeps its bitcoin and doesn't convert it to fiat, all of the mentioned companies and dealerships use a payment processor that converts the received bitcoin to USD fiat at the moment of payment. Unfortunately, they can't take the risk to speculate with the prices. They have got taxes and salaries to pay. Take the last 24 hours as an example. Imagine someone bought a car for 1 bitcoin (around $64k) yesterday. The dealership kept the bitcoin. This morning, the coins they received are only worth $61.300. They lost money over night. Tomorrow, those coins can go up to $70k or down to $50k. Most businesses can't that risk.
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Kong Hey Pakboy
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April 16, 2021, 06:56:52 AM |
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Thats good to know that Bitcoin is already accepted as payment to purchased cars, not just ordinary cars but including those luxury and even supercars, Wow how I wish I am a Bitcoin Millionaire and bought Bentley cars using Bitcoin, by the way, I believe that the Bitcoin acceptance as a payment for the luxury cars and many other products will expand globally in due time.
I think that most cars that accept bitcoin or cryptocurrency as a payment is either the high-end ones or the luxury ones and also it is a pretty expensive than buying a fiat one because some cars are for imports only and that means that it is expensive as hell since shipping fee for a car is astronomically high.
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Shasha80
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April 16, 2021, 07:07:59 AM |
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I am quite amazed by the detailed information provided by the opening post, it looks like the opening post has indeed bought a car with Bitcoin or even planned to buy a car ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . So there is so much information in the opening post, unfortunately I don't have enough Bitcoin to be able to buy a car. But if I had enough Bitcoin to buy a car, maybe I would buy a Lamborghini or Tesla with Bitcoin.
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rodskee
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April 16, 2021, 07:18:25 AM |
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Hope next time there is Asian countries also that will be added in the list ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Was planning to Purchase new one but It's fine because i would rather use my Bitcoin to be converted in Fiat for Much cheaper purchasing . Specially now that the market is really climbing high , No wonder that my Target car now only amounting to almost 1 bitcoin when back in 2020 the value is more than 10 Bitcoin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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MinoRaiola
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April 20, 2021, 10:05:04 AM |
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Hi. Good overview. I have found a dealer in Germany. I wouldn't buy an opel...sure not.... but they offer it. NAME: Autohaus HasieberLOCATION: Ehingen & Erbach, Germany OFFER: Opel ABOUT: An Opel dealer with 2 stations in Germany. Here is the link to the homepage and the offer. Advertising slogan: You own Bitcoin, Ethereum & Co. and would like to buy a car with it? At Autohaus Hasieber, that's possible. We accept the cryptocurrencies Bitcoin and Ethereum. You pay conveniently at the daily exchange rate. CONVENIENT AND SECURE PAYMENT WITH CRYPTOCURRENCIES LIKE BITCOIN AND ETHEREUM
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CLS63
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April 20, 2021, 10:20:46 AM |
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Thank you so much for sharing this information. I was thinking that Tesla was the first car-dealer or company which has added the Bitcoin payment option.
But the reason people are talking about Tesla's doing such thing so much is of course their being one of the biggest companies in the world.
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Pmalek (OP)
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April 21, 2021, 06:56:00 AM |
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@MinoRaiola Good find. One more car dealership in Europe that accepts crypto. We can add Germany to the list together with England, Switzerland, and the company Lucius mentioned that sold a car in Croatia. If in fact that wasn't a one-time deal and they don't accept crypto on a regular basis. After browsing the site, I can see they offer both new and used cars as well as an option to rent a vehicle. I wouldn't mind owning an Opel. Any car manufactured in Germany is good enough and more than that. But the reason people are talking about Tesla's doing such thing so much is of course their being one of the biggest companies in the world. Tesla is always in the spotlight. They get a lot of media attention, so it's natural that when they make such an announcement, it creates a lot of drama and can have both positive or negative implications on the crypto market.
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Kittygalore
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April 21, 2021, 07:07:03 AM |
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Thank you so much for sharing this information. I was thinking that Tesla was the first car-dealer or company which has added the Bitcoin payment option.
But the reason people are talking about Tesla's doing such thing so much is of course their being one of the biggest companies in the world.
They also have the advertising that made it more ingrained that they are accepting bitcoin for a Tesla. I do love some of the option but I am pretty sure that they are expensive because they are made overseas and I know that cars made outside of my country is much expensive because of shipping. Hopefully we can see one in my country or a motorcycle shop do this too.
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milani
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April 21, 2021, 12:14:44 PM |
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This post is really awesome. I have read the whole article and really was pleasantly surprised. I liked that Bob Moore Auto group partnered with Aliant Payments, and this enabled the payments not only with Bitcoin, but with Ethereum and Litecoin also. Of course I would not nowadays buy some car with Eth, even do not want to imagine what the gas will be for transaction. But it shows us that really lots of companies are accepting crypto and the less and less amount of people afraid to do this. It is really good steps!
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repear7
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April 21, 2021, 02:36:53 PM |
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Okey, Good research. It’s can help somebody for finding car shop that accept BTC. Already BTC is the most popular cryptocurrency. And big companies start accepting BTC payment. I believe we will see more gorgeous news.
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pinggoki
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April 21, 2021, 02:56:58 PM |
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Glad to know that other than Tesla, there are also some companies who are accepting bitcoin or cryptocurrency as a mode of payment to buy cars or even luxury cars. Due to this I confidently say that the adaptation of bitcoin or cryptocurrency is really worldwide happening. Bitcoin was really the biggest cryptocurrency all over the market cap and I am pretty sure that this will help the companies who adopt it to increase their sales as it added to the transactions of their company.
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bosede1
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April 21, 2021, 03:04:44 PM |
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Seriously, I don't know there have been many manufacturers that have made the opportunity of buying cars with bitcoin. This really broadens my knowledge knowing that not only Tesla but up to like 9 this is whao. Good research you have done
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Mr.007
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April 21, 2021, 03:44:37 PM |
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most of the new available in the USA area when other countries want to innovate also accept payments using bitcoin for the purchase of cars and other goods
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