Will you buy a car with BTC?
The car sale in bitcoins is one of the most frequent offers. 2017 was the year of such offers indeed. the dealerships and companies could not sell cars for bitcoins due to the weak legal basis in the ex-USSR countries. It seems that the sellers, accepting bitcoins as a kind of the alternative payment method. Besides It is rather easier to sell a car for bitcoins than to exchange bitcoins to regular money and buy cryptocurrency for them.
Such medium car as Ford Focus, and luxurious models as BMW X5, or Lexus LS570 were offered for sale in bitcoins.
Some dealerships put prices in bitcoins in the number of European countries and the US. Different sorts of cars may be offered in bitcoins, from the medium-price to luxuries such as Mercedes Benz S Class.
Tesla S, the innovative electric car, seems to be even more exotic offer for sale in bitcoins. Tesla S and some race cars of “Formule - 1” are being sold for bitcoins yet since the end of 2013. Today, depending on the package, Tesla S can cost from 7 to 10 bitcoins ($60 000 - $80 000). Recently, the anonymous Chinese collector has paid a half of a thousand off the coins (4 mln pounds sterling) for four race cars.
The dealerships, accepting crypto-payments, usually put prices in dollars (or other fiat currencies), and re-count them in bitcoins at the exchange rate at the moment of the sale.
It is also important to mention that paying with Bitcoin Cash (BCH) for products of the medium cost is really effective due to the low fees. The cost of the typical bitcoin-transfer can reach up to 5-10 dollars, which is hardly acceptable when buying the products of the same value.
DISCLAIMERS:
THIS ARTICLE IS NARRATED FROM exmo.com
SOURCE: https://exmo.com/en/news_view?id=2102
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