Cars That Can Be Purchased with Bitcoin - page 4.

rodskee

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Quote from: Pmalek on April 10, 2021, 02:42:47 AM

Hope next time there is Asian countries also that will be added in the list Grin

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

Shasha80

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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

. 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.

Kong Hey Pakboy

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Quote from: masterrex on April 13, 2021, 08:57:14 AM

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.

Pmalek

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Quote from: aysg76 on April 15, 2021, 08:51:47 AM

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.

giantrobot

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Quote from: Daniel91 on April 10, 2021, 04:58:43 AM

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

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

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.

aysg76

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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.

masterrex

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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.

Gozie51

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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.

Fundamentals Of

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Quote from: AniviaBtc on April 13, 2021, 07:29:38 AM

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.

AniviaBtc

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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.

Lucius

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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.

isaac_clarke22

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Quote from: Pmalek on April 10, 2021, 02:42:47 AM

~

One day, my country will be included in the list as well. Cheesy

It might take a while since not a lot of people have been at least knowledgeable to cryptocurrencies and stuff.

amihada

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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.

Kayum10029

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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.

Pmalek

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Farewell, Leo. You will be missed!

Quote from: Renampun on April 12, 2021, 04:22:52 PM

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.

Alucard1

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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.

Vaskiy

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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.

sunsilk

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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.

Renampun

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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.

giantrobot

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Quote from: lovesmayfamilis on April 10, 2021, 06:09:46 AM

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.

Topic: Cars That Can Be Purchased with Bitcoin - page 4. (Read 1012 times)