Auto Yard Shop & Consignment Adopts Bitcoin
Used vehicle consignment and fleet vehicle remarketing business adopts cryptocurrency as payment
Jul 18, 2018, 07:00 ET
CHICAGO, July 18, 2017 /PRNewswire/ -- When you're thinking of buying or selling something on Craigslist, you can now inform potential customers that you'll be able to pay in bitcoin or another digital currency.
According to a report by The Verge, sellers can now check off a box in their posting that indicates "cryptocurrency okay" for future transactions. This marks a major shift for the online classifieds site and may help to continue to open up the world of digital currencies to the broader world of everyday transactions.
Auto Yard Shop & Consignment, the nation-wide used vehicle consignment and remarketing business serving the sale-by-owner and corporate fleet vehicle markets mostly on Craigslist, announced today that it will accept bitcoin as a payment alternative.
"We couldn't be more excited about bringing bitcoin as a payment alternative to the old methods who everyone is so familiar with. It will drastically reduce the shipping and transaction time, transaction cost and above all, the extra safety" said AARON MILLER, Auto Yard Shop & Consignment CEO.
"We have a unique business model that is ideally suited for customers in the United States who are looking for a smarter way to buy or sell a used vehicle," said Mark Foley, Director of Sales Operations. "Auto Yard Shop & Consignment sellers easily make thousands more than trade-in value, and buyers save money as well. In addition, Auto Yard Shop & Consignment offers car buyers a non-commissioned, transparent pricing model that removes the pressure from the traditional car buying experience. With bitcoin everything is even easier, safer and faster than before."
About Auto Yard Shop & Consignment, LLC.
Auto Yard Shop & Consignment (www.autoyard.shop) is a used vehicle consignment and retail remarketing business that enables consumers and corporations to make the most money possible when selling their vehicles online. For a flat fee, Auto Yard Shop & Consignment will prepare the vehicle for sale, market it nationwide, manage buyer questions, negotiate a deal on the seller's behalf, ships the vehicle fully insured and ultimately cut them a check when the vehicle sells. The company's unique consignment model typically generates sellers thousands more than trade-in and wholesale auction channels, while buyers shop attractive, competitively priced inventory online. Auto Yard Shop & Consignment was founded in 2009 and currently operates seven retail locations and three reconditioning centers in California, New York, Florida and Illinois.
SOURCE PRNews Wire
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