Many people think that Elon Musk’s Tesla is the first automobile organisation to accept BTC as a form of payment. Nonetheless, it’s entirely wrong. Before Tesla made it a new normal, many people were accepting Bitcoin to purchase whatever they’re offering.Â
Here, in this article, we’ll talk about the car dealers who had started this trend before. So, let’s get started with the same.
Car Dealers And Bitcoin – The List You’re Looking For!
Just before we get started, here’s something you should know. When it comes to using BTC to make a purchase, it’s always best to use a renowned exchange platform like the bitcoin era. It, in turn, will help keep your property safe and secure from a hacker or something as such.
Lamborghini Dealership
In 2017, a Lamborghini dealer in the city of Costa Mesa began accepting a reimbursement in the form of Cryptocurrency. Since then, almost every dealership of the vehicle branch in New York, Albany, and Atlanta followed suit. Most of them use BitPay to accept the payment. But, if you want, you can utilise a safer alternative like Bitcoin Era as well.
BitCarsÂ
BitCars were one of the first in the automobile industry who saw the immense potential in BTC-based payment. And, the organisation started accepting right away in 2013. That’s right. They started the trend before Tesla. However, here’s the catch. This car dealership only deals in the segment of expensive cars. So, not really a middle-class friendly option, you know?
Prestige Cars Kent
A name that speaks for itself, Prestige Cars Kent is an UK-based car dealership that, unlike the former options, focuses on used vehicles. Their products tend to come in a pretty decent condition. Aside from accepting Crypto and offering a hassle-free payment, they also provide the car you bought within the next day. Pretty convenient, no?
Carriage Nissan
A dealership located in the quaint town of Gainesville, Carriage Nissan sells both new as well as used cars. Recently, the company has partnered with Coinbase to provide its audience base with the option of paying through Cryptocurrency. Nevertheless, there’s a catch. If you’re using BTC to buy a car from Carriage Nissan, you can’t pay in instalments.
BMW DealershipsÂ
So, you’re a BMW fan and want to buy one of their coveted products with Bitcoin? Well, you got your wish accepted, then. Numerous vendors in the UK and the USA are accepting BTC as a form of payment. And, it’s the same for both newer and older vehicles. If you’re living in the UK, you’ll find a few dealers in London who can help you out with it.
Stephen James
If you’re thinking about buying a MINI for yourself, Stephen James is probably the idealmost option available in the UK. And, fortunately, it’s possible to purchase anything you want with the usage of Bitcoin. However, the dealership doesn’t accept the currency directly. Therefore, you’ll need to opt for an app like Bitcoin Era or Bitpay to work with them.
Dealership And Cryptocurrency – How Do They Do It?
So, at this point, you have an idea about the dealerships who accept BTC or Cryptocurrency as a form of payment. But, how do they do it, really? Well, like anyone else working the Crypto segment, they don’t accept the currency directly.
Instead, you’ll need to create an account on an exchange platform to work with them. These platforms allow you to buy Bitcoin online safely and securely, so there’s no need to worry about their legitimacy. Just make sure to ask your dealer about the type of platform they use, and that’ll be all.
Also, remember, the payment might require a few minutes to process. So, don’t get fidgety if the money isn’t getting transferred instantly. This is how the process works.
Conclusion
So, there you go – top 6 car dealers that accept Cryptocurrency as a form of reimbursement. Hopefully, we could help you out as much as possible through this article. However, if you still feel like we missed out on something, let us know about it in the comment section below. We’ll try our best to look through the same and offer our verdict on it.
