Buy Vintage Ford Mustangs With Bitcoin (BTC) and Altcoins
When it comes to crypto investments, the opportunities are endless. Still, those passionate about old toys have been neglected. Men, get ready because Ford Mustang reconstructor Classic Recreation is accepting cryptocurrency as payments.
Classic Recreations, based in Oklahoma, says it’s the first car rebuilder to accept crypto assets as payments. “Oh. I’ve heard about this thing called Bitcoin. Why don’t we jump on that bandwagon.”
As a result, the company supports four cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Docademic (MTC). However, the payments are not limited to these virtual assets, so if you want to pay with any other altcoin, Classic Recreations will accept.
Jason Engels, Founder of Classic Recreation, believes this is a perfect time to benefit from advancing technology in order to expand the company’s customer base and “connect with consumers from anywhere in the world.”
“Cryptocurrencies have come a long way and continue to solidify themselves as a legitimate currency on the global market. The truck beauty of accepting cryptocurrency is the universal aspect of it which allows Classic Recreations to connect with consumers from anywhere in the world,” he added.
Classic Recreations is an American company that rebuilds vintage Mustangs. Due to the fact that some cars are expensive in the original version, Ford has given the company the license to build replicas of distinct Mustang models. We can say that Classic Recreations revives the history of Mustangs.
The company did not set a fixed price for each model, however, the accepted amounts start at $ 149,000 for the cheapest model – the Shelby GT 350CR. The amount is quite large, but it does not outperform the price for a new Lamborghini model. The Shelby G.T.900CR has as a lower limit of $ 249,000.
Classic Recreations collaborates with several carmaker companies. They have received approval from Blue Oval to rebuild versions of “decades-old Ford Mustang models,” including “the 1969 and 1970 Boss 429, Boss 302, and Mach 1“.
According to Digital Trends, cars are both reproduced based on the original Mustang bodies and starting from scratch by adding modern elements if the project is licensed by Ford. The Mustang Boss 429 model is set to be completed in November and presented at the 2018 SEMA Show in Las Vegas.