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Buy a Car With Bitcoin: Dealers That Accept Crypto and Workarounds

Aurika6 min read

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Summary: Yes, you can buy a car with bitcoin, but only from dealers that accept it. Ferrari dealers take bitcoin, ether and USDC in the US and Europe, and some independent and luxury dealers accept crypto through payment processors. Most mainstream dealers don't, so many buyers sell crypto for cash or use a crypto debit card for the deposit. Crypto-bought gift cards then cover fuel, parts and servicing.

  • Tesla accepted bitcoin briefly in 2021, then suspended it, and doesn't take it for cars today.
  • Dealers that accept crypto usually convert it to cash instantly, so the price is set in dollars or euros.
  • Selling or spending bitcoin on a car is a taxable disposal in many countries.
  • Fuel, parts and service can be paid for with gift cards bought with crypto.

Can you buy a car with bitcoin? Yes, though your choice of dealer narrows quickly. Here's who accepts it, how to buy a car with bitcoin step by step, and the practical workarounds when your dealer only takes cards and bank transfers.

Can You Buy a Car With Bitcoin?

You can buy a car with bitcoin from a small but real group of sellers. The best-known is Ferrari, which started accepting crypto through its US dealers in late 2023 and expanded to Europe in 2024. Payments in bitcoin, ether and USDC are converted to cash for the dealer straight away.

Elsewhere it depends on the dealer: some independent, used and luxury dealers accept crypto through a payment processor, while most franchise dealers don't. So "can I buy a car with bitcoin" usually gets a yes for exotic and specialist cars, and a no at a typical brand dealership. Ferrari's European rollout shows how carmakers handle it: crypto in, cash to the dealer.

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Car Dealerships That Accept Bitcoin

Seller typeCrypto accepted?Notes
Ferrari dealers (US, Europe)Yes: BTC, ETH, USDCConverted to cash by a payment processor
TeslaNoAccepted bitcoin briefly in 2021, then suspended
Independent and luxury dealersSometimesAsk before visiting; terms vary
Franchise dealersRarelyCards, financing or bank transfer
Private sellersBy agreementUse escrow; never release keys or title early

For car dealerships that accept bitcoin near me, search the dealer's payment page or call ahead; listing sites rarely show crypto as a payment filter, and acceptance changes often.

How to Buy a Car With Bitcoin

  1. Confirm the dealer accepts crypto, which coins, and whether there's a limit or fee.
  2. Agree the price in local currency first, so a price swing doesn't change the deal.
  3. Pay the invoice from your wallet within the payment window, usually 15 minutes or so.
  4. Keep the transaction ID and the dealer's receipt for title, registration and tax records.

That answers how do I buy a car with bitcoin from a dealer. Private sales need more care, covered in the FAQ below.

Can You Buy a Car With Crypto in the USA and UK?

To buy a car with bitcoin USA buyers have the widest choice, with Ferrari and a number of independent dealers. Can I buy a car with bitcoin in USA states with crypto rules? Yes, but dealers may run extra identity checks on large payments.

To buy a car with bitcoin UK and European buyers can use Ferrari dealers and a handful of specialists; most mainstream dealers still expect a bank transfer. Anyone looking to buy car with crypto in Europe should ask the dealer first.

When the Dealer Won't Take Crypto

Most buyers who want to buy a car with crypto end up using one of these routes:

  • Sell crypto for cash on an exchange, then pay by bank transfer. Simple, but it's a taxable sale.
  • Use a crypto debit card for the deposit. Many dealers cap card payments, so this rarely covers the full price.
  • Take a crypto-backed loan and pay in cash, keeping your coins as collateral. This carries liquidation risk if prices fall.

Whichever route you choose, the tax position is the same: spending or selling bitcoin can create a capital gain. Our explainer on crypto taxes covers what counts.

buy a car with bitcoin

Pay for Fuel, Parts and Servicing With Crypto

Even when the car itself goes through the bank, running costs can go through your wallet. Gift cards bought with crypto cover Shell fuel, Advance Auto Parts and Pep Boys servicing in the US. For a dash cam or car charger, Best Buy stocks the usual accessories.

Buy a Car With Bitcoin: FAQ

Can you buy a new car with bitcoin?

So can you buy a new car with bitcoin? Yes, from Ferrari and some dealers who accept crypto. For most new-car brands you'd need to convert first, and if you want to buy a car with bitcoin UK showrooms are no different.

How do I find car dealerships that accept bitcoin near me?

Call local dealers and ask, since acceptance changes often. Can I buy a car with bitcoin in USA showrooms near you? In most states, it's still dealer by dealer.

How do I buy a car with bitcoin from a private seller?

Agree the price in cash terms, use an escrow service, and only release the crypto once the title is ready; if you buy car with crypto this way, keep every message and receipt.

Can I buy a car with crypto other than bitcoin?

Often. Ferrari dealers accept ether and USDC, so the answer to can I buy a car with crypto beyond bitcoin is yes there. Can you buy a car with crypto stablecoins? They're the safest choice, since the price can't swing mid-deal.

Does Tesla accept bitcoin?

Not for cars. Tesla accepted bitcoin for a few months in 2021, then suspended it over environmental concerns, so to buy a car with bitcoin USA buyers look to other dealers.

Is buying a car with crypto safe?

With a dealer and a written invoice, yes. Never send crypto to a private seller without escrow, and use a VPN such as Surfshark on public Wi-Fi when you open your wallet.

Can I rent a car with crypto?

Rental firms rarely accept it directly; travel sites such as Expedia book rentals with standard payment methods. For supercars and watches, see our guide to buying luxury with crypto.

Buy the Car Where Crypto Is Welcome

You can buy a car with bitcoin if you pick a dealer that accepts it, fix the price in local currency, and keep records for tax. If your dealer won't take it, convert or use a crypto card, then cover running costs with gift cards bought in crypto. When you're ready, browse Advance Auto Parts gift cards.

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