What car companies are accepting cryptocurrency as payment in 2022? As cryptocurrencies like bitcoin gain in popularity, many car companies have recognized this as an opportunity to reach new customers. If you are in the car market, this article is for you as we list some of the top automobile companies that accept crypto payments near you.
Want to make the most of your cryptocurrencies but don’t know where or how to start? Then we’ve got something exciting for you. We’ve compiled a list of well-known Automobile brands that accept crypto payments. Elon Musk’s decision to allow Tesla customers to pay for their vehicles with Bitcoin made headlines, but it wasn’t the first time crypto investors were given the opportunity to do so. Car dealerships have been in the selling business of cars for Bitcoin since the beginning, and there are quite a number of merchants who do so.
From Bitcoin, and Ether, to even smaller named entities, it has become the way of the future. If you’re not in the game now, you’re missing out on a lot. With no sign of its popularity waning, we may expect to see more small companies and even major merchants accept crypto payments in the future.
We will include all of the Automobile brands that accept crypto payments in this article. We hope you find this guide useful and that you find it interesting and enlightening. Below is the list of the Automobile Brands That Accept Crypto Payments in 2022:
Many people are familiar with BMW as a German multinational firm that manufactures premium automobiles and motorcycles. BMW M cars are among the most popular high-performance vehicles on the market. Car dealers in the United States and the United Kingdom are exploring methods to accept cryptocurrency as new bitcoin billionaires seek ways to buy luxury goods and services. BMW is believed to accept cryptocurrency as a legitimate form of payment method. This is the first best Automobile brand to accept crypto payments.
Post Oak Motor Cars
Post Oak is a well-known luxury car dealership in Texas. Accepting digital currency has proven so successful that the dealership’s owners shared that they have sold 17 cars, including Bentleys and Rolls Royces, for bitcoin since 2018. The idea for accepting cryptocurrency originally came from the employees, who stated that they wanted to be innovative. This is one of the few luxury Automobile Brands that accept crypto payments.
The first-ever electric car company, led by Elon Musk was the first Automobile Brands That Accept Crypto Payments. Initially, when Elon Musk announced that Tesla will be among the Automobile brands that accept crypto payments, the world took to a huge hype. However, it was later denounced that Tesla will no longer be accepting payments in Bitcoins because of Climate concerns. Due to the mining and encryption process, Musk feels there are environmental changes that need to be made in order for Bitcoin payments to be a decent tradeoff. Tesla, the electric carmaker headed by billionaire Elon Musk, has started to allow people to buy brand merchandise using Dogecoin.
Bob Moore Auto Dealers
Last but not least, you can purchase a vehicle through the Oklahoma-based automotive group, Bob Moore Auto Dealers. The chain now includes 18 different dealerships in the state, including brands like Subaru, Audi, Dodge, Nissan, and Jeep. To conduct these transactions, Bob Moore uses a third-party processor to conduct payments with bitcoin, Ethereum, and Litecoin.
Stephen James Group
The Stephen James Dealership is a renowned location for BMW and MINI enthusiasts in the United Kingdom. Five BMW locations and three MINI centers are located around the United Kingdom. Since 1973, when it began selling secondhand cars, the company has been in existence. The company became an approved BMW and MINI retailer in 1985. Stephen James is thus one of the country’s oldest dealerships. Stephen James clients can still get amazing deals on both used and new cars today. The Stephen James Group is a long-sustaining group in the automobile market, that accepts payments in the form of cryptos as well. It is one of the long-sustaining Automobile Brands that accept crypto payments.
The American company Classic Recreations is a popular location for rebuilding and upgrading vintage Ford Mustangs. The dealership is now one of the first custom car builders to accept cryptocurrencies as a payment method. To pay with cryptocurrency, customers will be required to have an online wallet.
From their online wallet, customers can issue payment to the provided Classic Recreations address. It is important to note that the address will change depending on the cryptocurrency specified for purchase. The company agrees that accepting cryptocurrency is secure, reminding customers that bitcoin secures the purchase process through encryption software built into the wallet through the private key.
Ferris is a South African dealership that is pure heaven for Ferrari fans. Although the dealer sells mostly Ferrari cars, there are also some Porsche vehicles available. The company’s selection of vehicles is quite diverse since it contains both old models such as Ferrari Testarossa and new ones including Ferrari 488 Spider. Basically, Ferris Cars are the place for die-hard fans of the iconic red cars. The dealership has its own workshop where any Ferrari owner can go to fix their car or simply conduct regular maintenance procedures. Ferris also has its Ferrari merchandise shop called Grandprix Store, where clients can get T-shirts, jackets, watches, and many other Ferrari-themed items. They accept payment in cryptos and are said to cater and be among the list of Automobile Brands that accept crypto payments.
CryptoExchange is a platform for customers to buy cars with cryptocurrency. CryptoExchange also functions as a cryptocurrency exchange, escrow service, and marketplace. Bugatti, Ferrari, Hummer, Bentley, and Aston Martin are among the 15 exotic automobile manufacturers available on the marketplace. Users who don’t have bitcoin can utilize the exchange tab to fund their account, the marketplace tab to look for a vehicle, and the escrow tab to handle the title transfer and other paperwork. CryptoExchange although, isn’t an automobile brand is indeed a mediator, however, it is said to be one of the few best Automobile Brands that accept crypto payments.
Many car vendors accept Bitcoin, but Armormax is unique in that it sells armored vehicles that have been improved. Armormax protects cars without altering their appearance. As a result, it’s unlikely that you’ll be able to tell the difference between an original Tesla and an Armormax armored Tesla. International Armoring Corporation, the firm behind Armormax, produces the world’s most technologically advanced armored vehicles. This is one company that is said to be an authorized Automobile brand that accepts crypto payments.
S.A.S.S. Auto Group
In Ontario, Canada, bitcoin enthusiasts can now purchase from S.A.S.S. Auto Group. The dealership also has financing plans that allow for a downpayment in bitcoin. The company can conduct these transactions due to its relationships with people who work in the cryptocurrency industry, allowing them to facilitate simple transactions. Transactions are easy since the dealership can convert bitcoin to Canadian dollars whenever customers engage in a transaction.
Buyers simply make a wallet-to-wallet transfer based on a value agreed upon by both parties. To account for digital currency volatility, S.A.S.S. will work with buyers to set a Canadian dollar range for what your currency is worth at the time of sale. The inventory at S.A.S.S. Auto Group comprises quality used vehicles, the majority of which can be viewed by customers at their indoor showroom in Guelph.
Carriage Nissan is a Nissan dealership located in Gainesville, Georgia. Nissan vehicles have long been symbols of dependable, all-purpose vehicles that do not break down the day after you buy them. Carriage Nissan sells both new and used Nissans, so you’re sure to find one that meets your needs. Carriage Nissan recently teamed up with Coinbase to provide its customers the option of buying with Bitcoin. If you want to buy a car from Carriage Nissan, you can now use Bitcoin as a payment method, but you must pay the whole price of the vehicle, including taxes.
A little further to the east is the Quebec dealership, HGregoire. HGregoire (also known as HGreg) is a well-known automotive chain duly noted to be among the first in the world to allow buyers to purchase a vehicle with virtual currency. The dealer now runs 30 stores in Canada and the U.S., including new vehicle franchises and used vehicle lots. Purchasers can also use their online buying platform to complete their shopping experience over the Internet.
BitCars was one of the first car dealerships to recognize the future of electronic payments as bitcoin. Before founding BitCars, the company’s owners sold watches for Bitcoin. They now successfully operate two firms that allow Bitcoin investors to enjoy spending their gains on luxurious products. BitCars isn’t a car company brand, it is a crypto-exchange from which you can buy using your cryptocurrency. It is one of the authentic Automobile Brands that accept crypto payments.
Prestige Cars Kent
The term Prestige Cars Kent speaks for itself. It is a Kent-based business that sells luxury vehicles that are ideal for touring the county’s attractive landscapes. Unlike the two previous sellers, Prestige Automobiles Kent concentrates on selling only used cars that are still in excellent condition. Prestige Cars Kent is one of the best Automobile Brands that accept crypto payments.