• NOW

News

  • NOW

Get Yourself a Mustang, American Custom Car Builder Now Accepts Bitcoin

Forget about a Lambo and get yourself a Mustang. An American custom car builder now accepts payments for its built-to-order and officially licensed vehicles in bitcoin and additional cryptocurrencies, including BCH, BTC, LTC, ETH and more.

Also Read: Decentral Launches Its New Crypto Wallet Jaxx Liberty in Beta

Made in America Muscle Car

Get Yourself a Mustang, American Custom Car Builder Now Accepts BitcoinClassic Recreations is a Yukon, Oklahoma based custom car builder licensed by Ford Motor Company and Shelby American to fabricate licensed Ford Mustang restorations and continuation cars. It recently announced that, in an effort to reach a more global client base, it will start accepting payments for its vehicles in a variety of cryptocurrencies, including but not limited to, BCH, BTC, LTC, ETH and MTC.

“My entire life I have had a strong fascination for technology and its evolution,” stated Jason Engel, owner of Classic Recreations. “Cryptocurrencies have come a long way and continue to solidify themselves as a legitimate currency on the global market. The true beauty of accepting cryptocurrency is the universal aspect of it which allows Classic Recreations to connect with consumers from anywhere in the world.”

The company has been in business for more than fifteen years and each of its built-to-order vehicles takes approximately four months (nearly 2,500 man hours). Additionally, all of its high-performance vehicles are handcrafted and built in-house, according to the company’s website.

It’s Not Just Whales Buying Cars with Bitcoin

Get Yourself a Mustang, American Custom Car Builder Now Accepts BitcoinBuying cars has long been a common way of exhibiting wealth among the luckier members of the bitcoin community, showing off Teslas, Lamborghinis or even a whole fleet of F1 supercars as a testament to getting into the market as an early adopter. As such, luxury car dealerships have sprung up that cater to this segment specifically.

But it isn’t just whales that are buying cars with bitcoin. In Japan, where bitcoin payments are perhaps more widespread and accepted than anywhere else in the world thanks to welcoming regulations, even used cars are being sold for bitcoin. Back in November 2017 it was reported that a couple of Japanese automotive groups, including one of the largest in the country, have begun to enable bitcoin payments at their dealerships across the country.

If you had the funds, would you buy a Lambo, a Mustang or just hodl? Share your thoughts in the comments section below. 


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

Tags in this story
American, BCH Adoption, Bitcoin shopping, car, Ford, Mustang, N-Featured, Oklahoma
Related
Startups-Focused Law Firm Now Accepts Bitcoin Cash Payments

Cryptocurrency ventures that don't wish to convert their holdings to fiat can now pay for legal services with bitcoin cash… read more.

Post Office in Liechtenstein Now Sells BTC

The government-owned post office in Liechtenstein has begun offering a cryptocurrency exchange service. Initially, the post office in the capital… read more.

Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.