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Buying a Car With Cryptocurrency

Published by Joe Webster.

Purchase A Car With Bitcoin

With cryptocurrency being all the rage these days, you'll often come across phrases online such as "When Lambo" and "Waiting for my Lambo" on various cryptocurrency forums, such as those on Reddit. This phrase, of course, refers to the idea of being able to get such a great return on your cryptocurrency holdings that you'll be able to soon afford a Lamborghini or the equivalent.

This isn't just a pipe dream either. Take, for instance, the case of Peter Saddington, who is a 35-year-old computer programmer. After having invested in Bitcoin years ago, he was able to purchase a 2015 Lamborghini Huracan, which is valued at $200,000, for only 45 Bitcoins. The price that Saddington paid for those 45 Bitcoins? Just $115. (See this CNBC article)

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So if you've done well in cryptocurrency investing or simply want to support it as a form of currency, here's a list of some of the main sites and dealers where your can purchase a car with Bitcoin and other cryptocurrencies today:

Campbell Ford Lincoln

Located at https://www.bitcoinford.com, Campbell Ford Lincoln is an excellent option for those looking to buy a Ford that's either brand-new, used, or certified pre-owned. As an official Lincoln dealership as well, you'll have luxury Lincoln options at your disposal.

This Lincoln/Ford dealership in South Bend, Indiana is one of the easiest dealerships in the country to buy a vehicle with Bitcoin. Campbell Ford Lincoln also offers flat-rate pricing in Bitcoin due to the lower payment processing fees involved. Definitely a site to check out!

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Crypto Emporium

As a luxury emporium, Crypto Emporium, located at https://www.cryptoemporium.eu, offers a wide-variety of luxury cars and motorbikes for sale, all of which can be shipped worldwide. You have the option of purchasing luxury cars and motorbikes in not just Bitcoin (BTC), but also in Litecoin (LTC) and Ethereum (ETH).

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Given the nature of the vehicles on offer here, this is obviously for those who have made out extremely well so far in crypto or are simply rich in general. If it's a luxury vehicle that you want, this would be the place to visit.

Bitcar

Bitcar.io takes a unique approach to buying a car with cryptocurrency. How so? Well, not only can you outright purchase a vehicle through their website from various dealerships around the world, but the site also acts as a blockchain-based platform. You'll be able to have fractional ownership of collectible exotic cars instead of buying one, which you can trade on their peer-to-peer trading platform. Eventually, you can, in theory, trade up to the point of outright owning one.

Bitcar also uses an asset token called CAR that is meant to be stable in value to it being backed by actual physical cars and tied to their value in US Dollars. The site accepts Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

More and more dealerships are beginning to accept cryptocurrency as a valid form of payment both in the United States and worldwide. However, it's important to exercise caution if trading in cryptocurrency or outright buying some, as it can be very volatile overall.

Importance Of Cryptocurrency

If you do happen to purchase a vehicle using cryptocurrency, A-1 Auto Transport can help you with your transportation needs. Be sure to contact us today for a free quote!

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Joe Webster always knew the auto transport industry would be a great career option. And with decades of experience, Joe is now an established consultant for A1 Auto Transport.

Joe was born in Santa Cruz, California. During high school, Joe worked as a mechanic; a job continued to work part-time during his bachelor's degree.

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A-1 Auto Transport is a disclosed agent for the following shipping companies:

CSI Logistics
435 Division Street
Elizabeth, NJ 07201
FMC 22206
Intl Cargo
45 Campus Drive
Edison, NJ 08837
NO. 17858N
Trans Global Auto Logistics, Inc.
3401 E Randol Mill Rd,
Arlington, TX 76011
NO. 018191NF
CFR Rinkens
15501 Texaco Avenue
Paramount, CA 90723
NO. 013055NF
ABC Worldwide LLC
2840 NW 2nd Ave #105
Boca Raton, FL 33431
NO. 025472F
ShipYourCarNow LLC
1160 South Rogers Circle Suite 1
Boca Raton, FL 33487
NO. 025646
Merco Air & Ocean Cargo, Inc.
6 Fir Way
Cooper City, FL 33026
NO. 021869F
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