Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

0
+ 0 %

AFN Composite Index

0
+0.44%

Consumer Sentiments

0
+ 0 %

SOFR

0
+ 0 %

APR 48 Mos.

0
+ 0 %

California Dealership Sells First Bike for Bitcoins

Natalie Mattila
© Can Stock Photo / aimage

At least one powersports dealer is accepting a new form of payment for motorcycles: bitcoins.

Old Road Harley-Davidson, a dealership in Santa Clara, Calif., sold a Harley-Davidson motorcycle to a customer using only bitcoins last month, according to a published report.

Bitcoin has been in the news a lot lately, particularly as car dealers continue to get on board with the digital currency.

The payment was processed by BitPay, a bitcoin payment processor.

“We know it was the first Harley in the United States, and perhaps in the world, bought via bitcoin,” Mike Moffett, president of Old Road Harley-Davidson, said in the report. Old Road Harley-Davidson first opened in 1965.

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Aidan Bush

CarMax Auto Finance originations down 1.5%

David Thompson

Wells Fargo Auto originations soar 110% YoY

David Thompson

Chase Auto originations down 3% YoY

David Thompson

Subscribe To Our Email Newsletter

Join industry professionals who start their day with our curated auto finance news.

* indicates required

By clicking submit below, you consent to allow Auto Finance News (Royal Media Group) to store and process the personal information submitted above to provide you the content requested.

For more information please visit www.royalmedia.com/legal.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices.

Sponsored

Tesla announces new fleet financing program

EV Finance

Subscribe to Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market