Post Oak Motor Cars (POMC), a company that sells luxury cars in the United States, partnered with NYDIG, one of the largest platforms in the market to make payments in bitcoin. This alliance will allow the purchase of Rolls-Royce, Bentley and Karma cars in the leading cryptocurrency.
Following the announcement, the company reported that In the United States there are about 30 million people who have bitcoin. Therefore, they found it necessary to start accepting payments in this cryptocurrency, since their goal is to make the experience of buying a luxury car simple and straightforward.
From now on, POMC will not only accept cash purchases with cryptocurrencies. It will be possible to pay in installments. Precisely the company will offer its clients the possibility of acquiring one of its luxury cars financed by a fiat money loan secured in bitcoin via NYDIG.
In today’s rapidly changing financial landscape, we are proud to partner with a company like NYDIG to offer our clients the ability to finance a car with a loan secured by bitcoin. (…) By bringing the worlds of fiat and bitcoin together, we can usher in an exciting new era of prosperity for bitcoin holders.
Lonny Soza, General Manager of Post Oak Motor Cars.
POMC already sold its first bitcoin-financed luxury car and plans to expand
Since the launch of this new form of payment at POMC, the company enabled the sale of 14 luxury cars with bitcoin. Prices range from USD 97 thousand to USD 400 thousand and the first purchase has already been confirmed. A Rolls Royce Ghost financed in bitcoin was sold, which is one of the most expensive offered and is available in three versions.
The Texas-based dealership announced that You will finance your expansion with the new funds you accumulate in bitcoin. Although he still did not mention if it will be at the local, national or international level. He also stated that the reserves in these cryptocurrencies will be kept on the NYDIG platform, through which they will also receive payments.
At the same time, POMC reported that it will start paying a portion of its employees’ salaries in bitcoin. This action is something that is being repeated in different companies. An example of this is the salary of the American football player Sean Culkin or even the app that allows charging in bitcoin in the United States and El Salvador, as reported by CriptoNoticias.