A Saudi Arabian uses Ethereum to pay for Mercedes Benz S580 from USA based Jeff Wyler Automotive. As per a press reease, the Jeff Wyler Automotive Family completed its first car sale transaction using cryptocurrency at its Mercedes-Benz of Fort Mitchell dealership. Jeff Wyler Automotice sold a Certified Pre-Owned 2021 Mercedes-Benz S580 to a buyer in Saudi Arabia.
“We take pride in leading the industry wherever it makes us more consumer facing” stated David Wyler, President of the Jeff Wyler Automotive Family, “and accepting cryptocurrency provides payment flexibility and faster sales transactions for our customers”.
The client, from KSA, used Ethereum to purchase his 2021 Mercedes-Benz S580. The process was significantly faster than any wire transfer. As per the release, he was very pleased with the simplicity, convenience, and speed for the buying transaction.
Jeff Wyler accepts up to 12 different cryptocurrencies, including BitCoin, at its 23 dealerships located in Ohio, Kentucky and Indiana. Customers can pay for part of their transaction or for the entire transaction using their choice of cryptocurrency or mix of cryptocurrencies. It operates 23 dealerships in Ohio, Kentucky, and Indiana. In business since 1973, they rank in the top 50 of over 17,000 franchised dealerships for annual sales.
Saudi Arabians in a recent survey by Checkout.com are positive in their outlook on using crypto as a means of payment.
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