HGreg President John Hairabedian hopes the bold decision will improve customers' shopping experience:
“Our desire to constantly evolve and improve our customers' shopping experience inspires us to make bold decisions. Providing them with a greater variety of payment methods is part of it. "
The new payment method has already been tested with some transactions.
HGreg, which allows its customers to buy cars on its website, is one of the fastest growing companies in Canada. The auto dealership opened its first US store in Dora, Florida, in 2010. It currently has 30 franchised dealerships in North America.
The company will keep a portion of its cryptocurrency income as an investment.
More car brands back Bitcoin
According to reported by Crypto report, electronic car maker Tesla also mentioned that it would start accepting Bitcoin for car payments while revealing its $ 1.5 billion investment in Bitcoin on February 8.
Recently, the Italian supercar manufacturer Mazzanti also made it possible to buy its Evantra Supercar with the largest cryptocurrency.
In a interview, Houston billionaire businessman Tilman Fertitta revealed that his dealership had sold 17 luxury cars to customers over three years:
"That Tesla accepts it is much more important than I do, but believe it or not, we have sold 17 cars, Bentleys and Rolls-Royces, with Bitcoin."