Buying/Leasing Cars with Bitcoins

Anyone done this or would do this? What are your thoughts and experience in crypto/blockchain?

  • Google is your friend !

"You-can-now-buy-a-car-with-bitcoin-and-have-it-delivered"
https://www.recode.net/2014/7/8/11628634/you-can-now-buy-a-car-with-bitcoin-and-have-it-delivered-with-a-bow

"Car Dealers that accept bitcoin in United States"
http://spendbitcoins.com/places/c/car-dealers/

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Well I don’t think he’s asking if it’s possible, more so of people’s personal experience or thoughts on it.
I personally think if you had a good amount in BTC, and it went up a lot recently, you might as well use it. It’s not super stable but the price is in the general ball park and usually stays around there for a bit so you might as well do it!

Not sure what the point would be. The cars price is still going to be in USD. Also, Bitcoin is volatile. What if the exchange rate changes moments before the transaction?

Yes, it is in USD, but if you bought it when it was under 1k, it’s worth a lot more. You could cash out or spend it.

As for it being volatile, it is, but something really crazy would have to happen for it to hurt you enough. It’s been in the 10k+ ballpark for a while now. Also if that something crazy happens moments before your purchase, you just have bad luck :joy:

Maybe you could get a Chevy Cruze LS on sale for 2 BitCoin or maybe a Chevy Corvette for 12 BitCoin.

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