It’s true, you can buy cars with crypto. In fact, a number of auto auction houses, like RM Sotheby’s and Mecum Auctions, have started to accept the newest form of payment. While a car’s value can fluctuate, it can often be a good idea to try to find a bargain. Below are a few tips on where to look.
RM Sotheby’s
RM Sotheby’s is one of the largest and most prestigious collector car auction houses in the world. The auction house specializes in antique, classic, and exotic vehicles and is located in Blenheim, Ontario, Canada. In addition to RM Sotheby’s auctions even for SUVs, the company provides financial and estate planning services.
The auction house has been a leading player in the collector car industry for over forty years. Its specialists have over 500 years of combined experience in collecting. They are experts in eight different languages and work in close collaboration with the dedicated client services team.
RM Sotheby’s has announced that they will soon accept cryptocurrencies, primarily through BitPay. This will make them the first auction house to allow bidders to use digital currencies to purchase cars.
Vegas Auto Gallery
The Vegas Auto Gallery, which has two locations, is the place to go if you want to purchase a luxury pre-owned vehicle. It has an extensive inventory of high-line vehicles, including a variety of exotic automobiles from Aston Martin, Ferrari, Lamborghini, and Bentley.
The fabled Vegas Auto Gallery has recently updated its website to accommodate Shiba Inu as a payment option. This is the first time a Rolls Royce dealership has done so. If you have been holding onto a piece of the crypto beast, you might want to start spending it soon.
Vegas Auto Gallery’s official website boasts a slew of other benefits. For one, it’s located right off of the Vegas Strip in Las Vegas, making it easy to get to. On top of that, it features a large selection of cars, trucks, and SUVs from some of the world’s most prestigious automakers.
Mecum Auctions
Mecum Auctions is the world’s largest collector car auction company. It has a total of over twenty thousand lots of classic cars, antiques, and motorcycles for sale at its auctions throughout the United States.
It has an established family atmosphere and has the longest single-family ownership of any auction firm. This allows Mecum to maintain a close-knit staff. Currently, there are about 200 people working for the firm when on-site at an event.
The company has been in business for thirty years. Founded by Dana Mecum in 1988, the company has been a leader in the auction industry. With a total of over one hundred auctions, it is the largest collector car auction company in the world.
A-1 Auto Transport
When it comes to car shipping A-1 Auto Transport is one of the best in the business. From vintage hot rods to high-end luxury cars they have got you covered. Plus, they offer a comprehensive insurance policy to boot.
While there are plenty of shady auto transport companies out there, A-1 Auto Transport stands out from the pack. They provide the cheapest shipping options in the business and offer a variety of specialized services to boot.
One of the more exciting things about the company is its wide network of carriers. This allows them to offer the lowest prices on open or enclosed shipping. As well, they are also able to deliver your vehicle virtually anywhere in the world.
BitCars
BitCars is a car dealership that accepts cryptocurrencies like Bitcoin, Ethereum, and Litecoin. They offer a range of luxury and retro cars, from supercar brands to vintage automobiles.
BitCars is a decentralized platform that helps crypto enthusiasts source vehicles from around the world. There are currently 15 exotic car brands available on the platform.
Buyers can purchase any vehicle with cryptocurrency. Crypto transactions are more secure and faster than traditional methods. It is important to check the escrow process and ensure the seller has the legal title of the vehicle. The buyer should also pay adequate car insurance.
The average new car price has hit an all-time high of $46,000. This is because more car dealers are now accepting crypto as a form of payment.
