How to Buy a Car with STEEM, Bitcoin, or any Crypto!
You can make a large purchase like a car or a house with crypto, I did this week! But you must have a strategy! I bought a Jeep Cherokee from a dealership even though most of my earnings are in crypto!
A large portion of my freelance writer earnings are paid in the form of cryptocurrency. My truck was stolen a while ago so I finally was in a financial position to buy a new one this month. I did my research and decided on a Jeep, which is one of my favorite vehicles. Tough, safe, and comfortable, you can't go wrong with Jeep.
I have zero credit. Nada. Zilch. My Grandpa taught me to never spend beyond my means, and to never get a credit card except for absolute emergencies. He was a millionaire so I listened to him and never applied for credit.
This month I learned that you cannot do much without a high credit score. My lack of credit is almost the same as bad credit, and nobody wants to take a chance on people like me.
I have lived in the same place for awhile, earned good money with a flawless job history- even though I am freelance and work at home my bank statements show consistent income for years and ability to make payments. I also asked a few editors and clients to write letters of recommendation. So, armed with this beautiful array of proof of hard working'ness and loyalty and on-time bill payment, I went shopping.
The first dealership loved my bank statements and letters and residency. This overruled my 0 credit score. They brought my Jeep of choice halfway across the state of Washington for me, and asked me to bring my license, proof of insurance, and paycheck stubs or W-2's and we would sign the deal and get me in my new vehicle that afternoon. I reminded Bill the Salesman that I was freelance and did not possess these things. He asked me how I could provide proof of payment. I told him I thought my bank statements were enough as he had said. He said his manager needed more, like where the money came from. I explained some clients paid me via PayPal, some via Direct Bank Transfer, but most were crypto so I used Bittrex to trade SBD for BTC and then Coinbase to convert BTC to USD and transfer to my bank. I said I could provide screenshots of all transactions. He said not to come yet, he had to tell his manager this and see if it was enough.
He didn't call me back for hours, nor return my calls as he had been every other time. I sweet-talked another salesman into giving me Bill's cell # and when he answered I said who I was and before I could get another word out he freaked out on me, telling me that bitcoin is a scam, it's not real, and his fine dealership would never associate with such a sham as cryptocurrency. I tried reasoning with him, arguing with him... nothing worked- they absolutely would not sell me a car even though I had proof I could pay each month and made ten times more than the payment!
Basically, as soon as they heard the word "Bitcoin" they flipped their lids and I suddenly was shady... I was a great potential customer up until that point...
I learned my lesson really quick. The next Jeep/Chrysler dealership: I did the same things, but never mentioned bitcoin, STEEM, or cryptocurrency in general. I showed them all the same things, they even saw Coinbase on my bank statements- I simply said it is a way clients can pay freelancers. They looked at a lot of my writing work online, saw I was hardworking and consistent, noticed the fact I can keep up with my payments, and I went home with my Jeep that evening.
How do you buy a car with crypto?
By never mentioning crypto.
It's sad we have to omit this information. I am proud that I can pay bills with crypto!
I bought my car with crypto! I want a bumper sticker that says so! I want to tell the world!!!
What difficulties have you had with crypto and purchases? Please share in the comments!
Happy earnings my beautiful crypto friends!
Thank you for your support, I love you guys ♡
With Love, Positivity and Good Mojo Light,
May Your Days Be Always Happy and Bright!
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Black and White Photography
Interlude
Fiction
The Burn of the Badge
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the last board
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That's excellent. Jeeps are nice but I'm more of a car fan... cause I hate height.
The advice I was given yesterday (I'm trying to get a loan to pay legal fees but got shot down) was to make consistent payments into the bank account. Also to keep a float of money in the account to show there's a safety (which I don't have). It allows them to see there's very little risk for people in our line of work. This was from the Bank loaner... he says freelance people have it hard because there's less records.
When you cash out, do you send it right to the bank account?
I am a very small female, I feel so much safer in larger vehicles... I truly am uncomfortable in small cars, lol
Good advice from your bank. Yes, I send it right to my bank
I
crypto is one of the biggest opportunities since the invention of the internet itseif....great times to be around..............................
I'm jealous. Coinbase doesn't allow for Canada, And I lose about 40 bucks going through bitcoins ATM.
Technology needs to catch up to me.
Wow, $40? That is crazy
Sorry for the theft of your car. I can only imagine the stress those myopic dealers made you feel before you got the trick. However, it is ironical that the way to buy a car with crypto is never to mention crypto. Lol.
I see a future where these crypto barriers will be eliminated and that future is here.
We are there! We are stepping over those barriers right now :)
I agree absolutely. The revolution is now upon us.
@arbitrarykitten mam...
Digital money can make us rich to deal with ourselves. I genuinely trust that. Be that as it may, what I additionally accept is that it will influence us to sufficiently fit to serve the penniless also.
It is absolutely difficult for all to give. Every one is battling in their own specific manners. In any case, that is the magnificence of life is it not? One who has seen the intense time will identify towards the one enduring. Such a one when independent can promptly consider helping other people. When I put in endeavors to gain, I should put in little endeavors along to share.
One might be poor out of absence of education, another might be expected life's weight of overwhelming obligations, another might be out of sheer apathy and some might be not able meet the sudden needs of life. In any case, the truth of the matter is same. They all need assistance. From numerous points of view it can be tended to....
And the power of the Steemit blockchain will allow this :)
Crypto/BTC is a great way.The earliest way to get rich and not just make money with crypyo is to buy BTC and hold for year or two..........
A happy ending was the most important, but it is strange that some places still dont see cryptos as "money". Congrats on your new cryptojeep :)
Yes!!! My cryptojeep ;) I love it!
Thank you :)
Now you need to find a CryptoJeep sticker and put it on ;)
YES! I will find one of those mall kiosks and have one made- with Steemit on it too ;)
oh then please post a picture when you do :)
Most definitely!
Where there is a will there is a way, even if that means keeping our mouths shut to keep the non believers happy in their world. Congratulations on your new ride A K.
As crypto is growing and becoming more accepted, they'll see ;)
Thanks!!
@arbitrarykitten I am PROUD of what you did and I must say I am looking forward to the day when ALL BANKS become History. By the Way if you get a chance checkout @erikaharris and her latest Arbitrary Kitten..........
Thank you so much <3 I worked very hard for it, and I am super proud of CryptoJeep :) She is amazing and as soon as I get some stickers I am going to post some photos of her :)
I want to tell everyone I bought her with Crypto! The more they see, the comfier they will get ;)
@arbitrarykitten I just corrected the link. It is @erikaharris
Thank you! You always introduce me to the best peeps :)
Is that her correct name? It says that page doesn't exist...
Tried to introduce someone to steemit last week, once I mentioned the word crypto, she just flipped, didn't let me get two words out. Most people are so scared of change, they end up missing out on so many opportunities.
Congrats on your new ride!
When I show people that crypto pays my bills, that's when they actually see :)
Hey, it sure take a certain type of person for this: you must have drive and perseverance, you must be creative and think outside the box, and you must be a rebel.
It's not for everyone...
;)
It takes a certain kind of conviction to come in terms with virtual money
Rebel haha, you got that right.
it's my hope that within the next 6 months or so, we're going to see such a boom in Cryptocurrencies that transactions- direct peer to peer- will be much more available. Hell, I think that someone smart would start up a global classifieds listing where all purchases are direct peer to peer exchanges in crypts- whether its a truck and house or a basket of eggs!!!
d
We have a Steemit Store for such things! Selling your used items for crypto!
oh cool- I heard there was something like that- I'll have to go look!! thanx!
d
That's awesome. It's sad that that salesman was willing to deny you a sale. He basically denied himself. Oh well. His loss lol. Yet at least you learned and we're able to fix it on the next try. The reality of being able to live off of cryptocurrencies has yet to sink in for me. So lovely that does not stop me from continuing to invest in them. That is awesome I love this post.
I have only been here at Steemit for seven and a half months. I found Steemit while researching cryptocurrency, and had yet to dive in. Look at me now! There is another Steemian who purchased a car with STEEM, however I think he invested. I am a single mother and do not have money to invest- all I have earned I made here and invested that. It can be done! I am growing completely organically. You will too! Just persevere and keep STEEMing ever onward and upward!
This was some valuable information you shared! It’s sucks that so many people think it’s a scam instead of researching for themselves and looking into what it’s really all about. Crypto currency has paid some of our bills as well and we have been able to purchase things we wouldn’t have been able to just with our regular income. It’s really amazing where crypto is going and how much we are able to do with it now. Sorry about the theft of your car but congratulations on your new Jeep :)
Crypto is here to stay, and will only grow :)
Thank you so much!
I couldn’t agree more!! 😊