Pietro Frigerio, the dealer principal and general manager at Lamborghini Newport Beach in Costa Mesa, California, saw sales of the car spike as the price of bitcoin skyrocketed. The dealership, which sells new and used Lamborghinis, along with other used luxury cars like Ferraris, began accepting payments through bitcoin in 2013, a year in which bitcoin saw price fluctuations from below $100 ... According to a news report about Lamborghini Newport Beach car dealership in California, they sold a Tesla Model S electric car for 91.4 bitcoins, or $103,000 at the time of purchase. The transaction was handled by payment processor BitPay, said Cedric Davy, marketing director for the Costa Mesa, California based dealership. The dealership has never accepted bitcoin directly, but BitPay’s ... However, electric car manufacturer Karma Automotive has gone a step further, accepting Bitcoin payments at its main dealership in Newport Beach. If cars are slightly too tame for you, you can even buy a private jet if you have $40 million in Bitcoin lying around. Bitpay created a Bitcoin wallet on behalf of the merchant to which buyer's bitcoins were sent. Then, on behalf of the merchant, they converted Bitcoin straight to USD for him to use. Of course they did not accept Bitcoin. Any serious business that accepted Bitcoins with the volatility they have today would be stupid. The big story here is that the merchant used Bitcoin payment network to ... Authorized Car Dealerships That Accept Bitcoin 2019. If there are any missing from this list, feel free to add your dealership in the comment section or contact the editor. California. Costa Mesa: Lamborghini Newport Beach. Costa Mesa: iLusso. Los Angeles: JEM Motor Corp. Connecticut. Danbury: EZ2Drive. Florida. Miami: New Age Auto Sales CheapAir, Bitcoin.Travel, Cryptocribs, Travelbybit, and a variety of others all let you plan your next trip with Bitcoin. Automobiles – If you mined enough Bitcoin in 2009, you can buy a Lambo from Lamborghini of Newport Beach, or a new BMW, or even get that classic muscle car at Classic Creations.
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