Car dealerships are slowly beginning to accept cryptocurrencies as payments for cars, but the number of dealerships doing so is still very limited. Cryptocurrency payments are becoming increasingly popular for online purchases, but it is still a relatively new concept for car dealerships.
At this stage, only a few dealerships are able to accept cryptocurrency payments, as they must have the correct infrastructure in place to do so. The dealerships that have adopted cryptocurrency payments tend to be located in areas with a high concentration of crypto users, and they may also have a higher proportion of younger customers. This limited number of dealerships is likely to increase as cryptocurrency usage continues to grow.
List of some car dealers accepting crypto as payments.
- Carriage Nissan (Georgia)
- MotorCars of Atlanta (Georgia)
- Edmark Toyota (Idaho)
- Reed Jeep, Chrysler, Dodge and Ram (Kansas)
- Bob Moore Auto Group (Oklahoma)