SHOPSMART AUTOS – CUSTOMER INFORMATION – DECEMBER 19, 2020 (PT.1)
Buying a new car is always a thrill. Purchasing a luxury vehicle, a roadster or a classic even more so. But such an enjoyable acquisition is usually accompanied by time consuming formalities. When all you want is to sit behind the wheel as soon as possible, these additional steps can be a nuisance for most people. Finding a dream car you can buy with cryptocurrency will certainly save you some time and effort, especially when cross-border payments are involved. You can now do that with
BCH
on Autocoincars.com, a platform that works with leading supercar dealers.
Browsing through car ads can be a pleasure and a curse. It takes time to find the right model and make that suits your taste and needs. Multiple websites nowadays provide car buyers with a plethora of offers. However, if you are not only a petrolhead but also a crypto enthusiast, there aren’t too many platforms with a good choice of vehicles you can purchase with digital coins. Autocoincars.com is a website where customers can find a rich choice of high-end models, from comfortable and practical SUVs, to fancy sports cars and even collectible classics with detailed service history. And the best part is that all of them can be bought with bitcoin cash (BCH). The company works together with Bitcoin.com to expand the use of peer-to-peer electronic cash. The precious automobiles are sold by established U.K. dealers and can be delivered to buyers in other countries as well. One of the platform’s main partners, Redlinespecialistcars.co.uk, is the largest independent supercar dealer in Britain. They cooperate to promote crypto and have already made numerous sales to clients opting to pay with digital assets. David White, Auto Coin Cars chief operating officer, told news.Bitcoin.com: The portal bets on bitcoin cash, offering clients the opportunity to purchase Ferraris, Lamborghinis, Aston Martins, and many more quality brands with BCH. All of its ads have the asking price displayed in a range of fiat currencies such as U.S. dollar, British pound, euro, and UAE dirham. But Autocoincars.com specifically targets cryptocurrency users who want to buy a car with bitcoin and their pricelist starts with a price quote in bitcoin cash. Customers can also pay with the platform’s own token, autocoin. Crypto users who want to buy cars do not search Autotrader, Pistonheads, Motors, or any other traditional portal, the website explains. “Why would they? They would struggle to find a car dealer that accepts bitcoin on there. Instead, they search Google for ‘buy car with bitcoin’ or one of the many hundreds of search terms for which Autocoincars.com is ranked number 1 and page 1. They select a car, contact the dealer and agree [to] a deal in the usual way. They then pay for the car with bitcoin or other crypto through our regulated exchange and we pay the dealer prior to the car being delivered.” Auto Coin Cars’ team further notes that there are over 3 million cryptocurrency wallets in the U.K. alone, which illustrates the growth potential for this market in the future. A study conducted this year by Technavio projects that the global luxury vehicle market will grow at a compound annual growth rate (CAGR) of more than 12%, or approximately 8,000 units within five years. Accepting crypto payments opens up a whole new area of business that was until recently unavailable to car dealers. Millions of people around the world now own cryptocurrency and many would readily use their coins to purchase a new car thanks to the speed and security crypto transactions bring to the table. At the same time, car dealers can now easily accept cryptocurrency and convert it immediately into fiat money if they want to do that, safely and securely. They can use the website’s Sell Now section to register with the platform, providing more information about themselves and uploading their ads to reach millions of crypto users globally. North London-based Auto Coin Cars employs experienced crypto professionals and automotive specialists who have provided a simple answer to a supply and demand issue. Car buyers want to spend their crypto, while car dealers are not set up to accept it yet. Many of them realize the benefits of cryptocurrency payments once they try them. Bitcoin cash, for instance, offers immediate and secure transactions at a very low cost, often less than a U.S. cent per transfer. And the funds are available almost as soon as the payment is made with no chargebacks or card fraud. Auto Coin Cars’ clients are typically high net worth individuals who can also take advantage of the privacy that comes with crypto payments and rely on an instant crypto-fiat exchange eliminating price fluctuations.
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