cryptonews.net
Italy’s Ferrari said on July 24 that it would expand its plan to accept cryptocurrency payments in its European market. The business said people will be able to use crypto by the end of the month. It says that accepting crypto is a way to meet its customers’ changing needs.
💥BREAKING💥
— Quinten | 048.eth (@QuintenFrancois) July 24, 2024
Ferrari officially accepts #crypto payments in Europe from the end of July pic.twitter.com/GrLbTxfSiw
Ferrari stated that to ensure transaction safety, they are leveraging the expertise of several companies specializing in cryptocurrency payments. The Italian car manufacturer also mentioned that these solutions will facilitate payment acceptance for dealers, eliminating the need for them to handle cryptocurrencies directly, as they will be converted into traditional currency immediately.
Along those lines, the business will only let people use crypto in other nations by the end of 2024, when coins and different digital assets will be accepted as money. According to the company, most European sellers now accept these methods of payment, and more are trying to do so.
Running well in the US
The high-end car company began accepting cryptocurrency in the United States in October 2023. It said the move was necessary because of the high demand from buyers and retailers in the US market. Last year, Ferrari could accept Bitcoin, Ethereum, and US dollars as payment. To facilitate these payments, Ferrari teamed up with Bitpay.
The business said that many young people have become rich through cryptocurrency and that this group wants more cars. The program has been a massive hit since it started, so the company decided to go after the European market.
The current crypto rules and laws have been complex for many people and companies. Because of these rules, crypto as a form of payment has not become more widely accepted and used. In some countries, like China, it is illegal to use cryptocurrency. In the same way, the US doesn’t have clear crypto rules and guidelines, which makes it hard for investors. In Europe, MICA rules also affect how crypto is used.
Because of these rules, crypto can’t spread as quickly in most countries, but companies like Ferrari can still use it.
Where Else Can People Buy Cars With Crypto?
It made a lot of news when Elon Musk said people could buy Teslas with Dogecoin. However, this wasn’t the first time that crypto buyers had the chance to pay for a car with coins. Car lots have been using cryptocurrency for a long time, and now there are a lot of places where you can buy a car with cryptocurrency. This is a list of car shops that take Bitcoin and other cryptocurrencies. If you’ve been thinking about trading your crypto for a new Lamborghini or Tesla for a while now, you should check it out.
According to current reports, BMW of Delray Beach is a well-known car shop in Delray Beach, Florida, that sells both new and used BMW cars. Customers come from Boca Raton, Boynton Beach, Lake Worth, and other nearby towns, as well as Delray Beach.
One thing that makes BMW of Delray Beach stand out is that they take Bitcoin and other cryptocurrencies as payment. With this forward-thinking method, customers can use their digital assets to buy new or used cars, making the buying process more open and up-to-date. When you want to buy a fancy car or a high-performance SUV, you can use your coin to pay for it.
BitCars was one of the first car lots to realize that cryptocurrency would be the way of the future for online payments. Before they made BitCars, the business’s owners sold watches for Bitcoin. Now, they are successful in running two businesses that let Bitcoin owners spend their money on nice things.
BitCars focuses on high-end and classic cars, especially ones that could be suitable investments. The Rolls-Royce Dawn was the first car the company sold, and it set a very high standard right from the start. BitCars customers can buy pricey and rare vehicles from a variety of automakers. Along with Tesla are Mercedes-Benz, Lamborghini, Ferrari, Bentley, Audi, Rolls-Royce, and of course, Tesla.
It is true that BitCars started selling Teslas for Bitcoin a lot before Elon Musk did. The company’s website makes this clear. If you have already made much money with crypto and don’t care about how Bitcoin prices change, BitCars is the right choice.
Another one is the Key West Prestige Car. The name “Prestige Cars Kent” says it all. It’s a shop in Kent that sells high-end cars that are great for going around the county’s beautiful scenery. Prestige Cars Kent, however, only sells used cars that are still in great shape. The main website of the store does a
Different kinds of cars are sold at the store, ranging from BMWs and Ford Mustangs to Maseratis and Landrovers. There are more than 200 cars in stock at the store, and the prices are changed every day to stay competitive. They bring 98% of the cars they show the next day, and if a customer doesn’t like their new car, they can return it and get their money back, no questions asked.
Bitcoin can be used to buy many things at Crypto Emporium, an online store where people can send and receive Bitcoin. It wants to connect people who own Bitcoin with tangible assets by providing a large selection of high-end and expensive cars made by well-known companies.
There are many kinds of cars on the base, from Tesla to Mercedes-Benz to BMW to Audi to Lamborghini. Both new and used cars are for sale, so there are choices for people with a range of tastes and incomes. Crypto Emporium is unique because it shows real-time prices in all the major cryptocurrencies, so people can buy things directly with Bitcoin, Ethereum, Tether, and more.
Additionally, people in the UK who like BMW and MINI cars often go to the Stephen James store. It has five BMW centers and three MINI centers all over the UK. The business has been around since 1973 when it started selling used cars. The business did legal business with BMW and MINI in 1985. Stephen James is now one of the oldest car lots in the country. Stephen James clients can still get great deals on both new and used cars today. Customers can choose from a wide range of cars because the company sells almost all types of both brands. When people want to buy a vehicle, Stephen James lets them use Bitcoin payments, which gives them more options. Though Stephen James does not accept Bitcoin directly, the company does use Bitpay, a service that does accept Bitcoin payments on its behalf.
Another car company in the US that takes Bitcoin is Post Oak Motor Cars. They specialize in selling high-end cars. The company’s collection has all the standard cars, like Rolls-Royces, Bugattis, and Bentleys. If you want something less fancy, you can get Mercedes or even Toyota cars from Post Oak Motor Cars. Aside from that, the store also has special deals. One thing it sells is Karma cars, which aren’t easy to find. Post Oak Motor Cars sells both new and used cars.
You can see the whole company’s inventory online, and each car page has an “Inquire” form that customers can use to contact the store. Anyone who wants to try out one of the dealer’s cars can schedule a test drive. Post Oak Motor Cars takes Bitcoin, so it won’t be hard for you to buy a new car with cryptocurrency. It doesn’t take long to do, and all payments are taken care of by the dealer’s partner.
If you prefer Lamborghini cars to Ferrari cars, consider checking out the cars that Lamborghini Newport Beach has to offer. One of the most prominent car lots in California is this one. There are so many amazing Lamborghinis to choose from at the store. The Gallardo, the Huracan, and even the Urus, the most luxurious SUV ever, are all available.
Still, there are cars from other brands besides Lamborghini. Lamborghini Newport Beach’s car names in stock are Alfa Romeo, Aston Martin, Porsche, and even Ferrari. At Lamborghini Newport Beach, you can buy both new and used cars that are in great shape, just like at most shops. You can take a test drive at the store and set it up at any time.