Crypto Cars Online
Crypto Cars Online
Crypto Cars Online (founded in 2020) is the first cryptocurrency auto finance company in the United States accepting various forms of cryptocurrency as payment for a vehicle.[1][2]
Overview
Crypto Cars Online was founded by Roger Lee in late 2020.
Crypto Cars Online is the sister company of Crypto Jets Online. As of December 2020, Crypto Cars is accepting over five cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and USD Coin, getting rid of transaction fees. Crypto vehicle financing is available and payments will be due according to the cryptocurrency's market price at the time of purchase. This means that if the price of the buyers' crypto goes up, ultimately the vehicle will be paid off sooner than anticipated. Crypto Cars Online is partners with Dallas-Fort Worth auto dealers offering new and lease return vehicles, giving them access to many makes and models of vehicles. All the vehicles in their inventory are currently located in the Dallas–Fort Worth metroplex and North Texas. Crypto Cars Online has a "Car Finder" page on their website, which helps clients find the vehicle they're searching for. Worldwide delivery is available, and International deliveries may take up to 45 days due to titling the vehicles.[3]
Within the first month of operation, Crypto Cars Online sold over 12 units, and added 7 more in the following weeks.
How it Works
Buyers can purchase vehicles with multiple cryptocurrency options, and Crypto Cars Online processes the transactions and coordinates the exchange. The following steps should be taken to make a purchase.
Browse Crypto Cars' Listings under “Vehicle Inventory”.[13]
Inquiries for vehicles not listed online can be sent to info@cryptocarsonline.com or can be sent through the "Car Finder" page.
Once the desired vehicle is chosen, buyers will be able to proceed to checkout and complete their purchase via Crypto Cars' online payment processor.
Crypto Cars Online will handle the payment at the car dealer and will clarify all the needed paperwork.
Team
The Crypto Jets online consists of owner Roger Lee, and two legal counsels, Matt Lewis and Daniel Morris.