Cars That Can Be Purchased with Bitcoin

[cydrix]

Oh my god is that even real? Holy moly that is nuts I didn't know it even exist but that kind of service saves sometime to withdraw all your money and not be suspicious especially if you're with a colored skin. Just like I saw on the news. That kind of effort they're making accepting Bitcoin as an up-front payment for your car is kind of mind blowing. Not only it can't raise malicious intent you can asure your money is safe even before you arrive at the place.

[Streets 2.0]

It is quite logical that the world's major car manufacturing and sales concerns, following Tesla, promptly considered the possibility of accepting bitcoins to buy their cars. That's right - who wants to lose profits and give a competitive advantage to an already strong company? Yes, we are expecting the "domino principle" in other industries, following the example of the automobile market. Finance, real estate, travel and so on.

[Pmalek]

Apparently, Tesla is being crossed off this list.

This is not about Tesla. We already know that Tesla has started accepting bitcoin for their cars. My grandmother has heard the news. She doesn't know what bitcoin or Tesla is, but she knows they somehow made a pact. Pact is the actual word she used.

This thread was meant to highlight that Tesla was not the first company do to so, and that it was possible to purchase vehicles for cryptocurrencies 5-6 years ago.

[seramania]

Auto companies are now starting to accept crypto for payment, I think now is a good thing to be able to use bitcoin for a positive thing. So I think in the future it will not only be automotive companies that accept bitcoin but many companies will accept bitcoin as a payment option

[Arkann]

Auto companies are now starting to accept crypto for payment, I think now is a good thing to be able to use bitcoin for a positive thing. So I think in the future it will not only be automotive companies that accept bitcoin but many companies will accept bitcoin as a payment option

undoubtedly, today there is a positive trend in the sense that Bitcoin is more and more used by society as a means of payment. But for me personally, spending Bitcoin for this period is unacceptable, especially considering its possible growth until the end of this year, and possibly next year.

 I do not know what other automakers sell cars for Bitcoin besides Tesla, but in the secondary market Bitcoin as a payment is becoming quite popular.

[NeuroticFish]

This is not about Tesla. We already know that Tesla has started accepting bitcoin for their cars. My grandmother has heard the news. She doesn't know what bitcoin or Tesla is, but she knows they somehow made a pact. Pact is the actual word she used.

This thread was meant to highlight that Tesla was not the first company do to so, and that it was possible to purchase vehicles for cryptocurrencies 5-6 years ago.

Well, it was possible already 3 years ago to buy (new and used) cars in Romania with Bitcoin. At least one auto dealer, present in a couple of western cities was accepting Bitcoin.

But... (there's always a "but") there's a big difference and not for the average Joe, instead for you, me and the actual bitcoiners: while Tesla keeps those bitcoins, what you've seen before were only shops using payment processors and while the payment processor was accepting Bitcoin, the shop received at the end of the day fiat in the bank account.
(Of course, if Tesla starts playing pump and dump games, I don't even know which option is worse...)

[willoweb]

In any case, it's great that more and more companies are creating the opportunity to conduct transactions in cryptocurrency. It is a pity that the news that this could have been done in Romania so long ago did not spread around the world as rapidly as it did with Tesla. In general, the trend for large companies to connect such an option is cool. The more we know of such examples, the more confident an investor who invests in bitcoin will feel. The market as a whole will benefit from this.

[unggahr11]

Auto company start adopt cryptocurrency as payment, while adoption just in America, we can wait for another company adopt cryptocurrency as payment.
The more adoption of cryptocurrency will make its prices to the moon. BTC $100k its not just a theory

[Fatunad]

Auto company start adopt cryptocurrency as payment, while adoption just in America, we can wait for another company adopt cryptocurrency as payment.
The more adoption of cryptocurrency will make its prices to the moon. BTC $100k its not just a theory

When we do talk about reaching those new heights then of course we would really be needing some big news like these on where big companies would join up on the bandwagon.
How much more if Toyota,Mitsubishi,Honda,Hyundai and other car companies which arent solely big in America but in other big markets as well would make some move?
For sure  that would really be a good trigger out for the market to rise up even more higher.Its good to look at that there are already several
companies specially Tesla do made out its move.

[Obito]

Auto company start adopt cryptocurrency as payment, while adoption just in America, we can wait for another company adopt cryptocurrency as payment.
The more adoption of cryptocurrency will make its prices to the moon. BTC $100k its not just a theory

If the adoption's current pace continues or further improves, I am sure that bitcoin can achieve that 100k USD milestone, so for all who are waiting to get in, this is probably the time that you should get in because we might reach a point of no return. I loved that car manufacturers have entertained the idea of bitcoin being used aa a currency to buy their products, I hope that we will reach the point where we can buy chips and other snacks with bitcoin.

[mbe48]

I just found out about this information, very interesting. But the question is, will the price of the car follow the development of the crypto trend? As time goes by, the development of crypto is very much different from previous years. Very happy to get this information, Thank you...

[Pmalek]

Well, it was possible already 3 years ago to buy (new and used) cars in Romania with Bitcoin. At least one auto dealer, present in a couple of western cities was accepting Bitcoin.

I guess this is the website of that BMW dealer > https://bmw-grupwest.ro/.
It's interesting that the site doesn't show any news that they accept Bitcoin or other cryptocurrencies. I tried to search with "site:bmw-grupwest.ro crypto" and site:bmw-grupwest.ro bitcoin, but nothing comes up.

while Tesla keeps those bitcoins, what you've seen before were only shops using payment processors and while the payment processor was accepting Bitcoin, the shop received at the end of the day fiat in the bank account.
(Of course, if Tesla starts playing pump and dump games, I don't even know which option is worse...)

In some way, Tesla already did. It maybe can't be classified as a pump and dump scheme, but Musk made a statement the other day where he said that Tesla sold 10% of their Bitcoin bag. They took the opportunity to cash in on the price increase. 

I hope that we will reach the point where we can buy chips and other snacks with bitcoin.

You already can if you use the Lightning Network and the store you buy at has a well-connected node. Netherlands is a place where some grocery stores allow their customers to pay via the LN.

[Bilgent]

Thanks to you @Pmalek, I have learned that there have been many places that have already been accepting Bitcoin while buying a car. And it looks like the USA is the luckiest country in terms of that.  Grin  And after Tesla, I believe the number of these places will increase faster. We could even see big companies like BMW, Mercedes, Audi starting to accept Bitcoin as a payment method which could be awesome.

[Rehan Zakir]

Oh great news brother. You have discuss the world top most companies of cars in your topic. It is very easy for us to buy a car through bitcoin. Because we did not need to carry paper money for buying a car just hold bitcoin and buy any car. And sending payment is very easy and it processes within minutes.

[Ausgewielt]

I hope atleast there is one place where I can buy car in asia. Many bitcoin users in asia which is a big market. Is the regulations in asian countries are that hard that make no one make such company in asia? It so disappointing. Buy car using bitcoin will make us get different feel such a special pride

[Pmalek]

I hope you will keep updating the table.

I just did with two new additions. Everyone else can chip in if they find a dealership somewhere that accepts bitcoin and other crypto payments.

I hope atleast there is one place where I can buy car in asia.

You are lucky! I just added two used car dealerships that sell luxury cars for bitcoin in various locations across Japan. They have been accepting bitcoin payments since December 2017.

Take a look at #10 and #11 in the list in my OP:

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.

[SimpleMan]

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:


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.


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/

I like Bitcars. Have never heard of them before but it's a good choice for a car dealer to call your business Bitcars right now. If he gets the SEO right and you google Bitcoin and cars maybe that's the perfect match and you'll find him right away.

[Pmalek]

I like Bitcars. Have never heard of them before but it's a good choice for a car dealer to call your business Bitcars right now. If he gets the SEO right and you google Bitcoin and cars maybe that's the perfect match and you'll find him right away.

You are right about that. When you do a Google search for the keyphrase "cars for bitcoin", Bitcars is the first result on Google. A targeted search for "buy cars for bitcoin" also places the site on the top of the search results. Even longer keyphrases like "how to buy cars for bitcoin" yield the same results. Based on that, I would say they get a good amount of traffic from bitcoiners who are looking to spend some money.   

[SimpleMan]

I like Bitcars. Have never heard of them before but it's a good choice for a car dealer to call your business Bitcars right now. If he gets the SEO right and you google Bitcoin and cars maybe that's the perfect match and you'll find him right away.

You are right about that. When you do a Google search for the keyphrase "cars for bitcoin", Bitcars is the first result on Google. A targeted search for "buy cars for bitcoin" also places the site on the top of the search results. Even longer keyphrases like "how to buy cars for bitcoin" yield the same results. Based on that, I would say they get a good amount of traffic from bitcoiners who are looking to spend some money.   

Cool and I didn't even check it out but it makes perfect sense. It's a quick way to turn your crypto profits into something useful. Otherwise you would have to cash out first and then get the car. This way you just easily transfer your money with any cryptocurrency and not even bank finds out you now bought your 7th luxury car within a single month!

[BITCOIN4X]

Meanwhile, I know that now we can buy anything using bitcoin if the buyer and seller agree to accept bitcoin as a mean of payment. Even though so far in my opinion my country still prohibits bitcoin and other cryptocurrencies as a mean of payment, I'm sure there are still some buying and selling transaction involving bitcoin without the government's knowledge.

The adoption of bitcoin at this time has developed quite well and users can use it as a mean of payment including buying luxury cars like the one in the OP. But unfortunately, the adoption of bitcoin in my country is still prohibited by the government with its regulation. Regardless, I still hope that bitcoin can be adopted in my country in the future. One option currently supported by the government is to first convert these digital asset to fiat and then use them as legal tender.