How to Buy Cars with Crypto in the UK: A Detailed Guide

In the United Kingdom, the automotive sector remains significant, with the Society of Motor Manufacturers and Traders (SMMT) reporting over 140,154 new car registrations in 2025. Alongside the enduring demand for everyday vehicles, there is a steady appetite for high-performance and luxury models, reflecting both lifestyle aspirations and investment considerations.

Over the past decade, early investors in Bitcoin, Ethereum, and other digital currencies have seen their portfolios grow substantially, in some cases reaching multi-million-pound values. For many, converting these digital gains into traditional currency is not always the most efficient or desirable option. Instead, an increasing number of individuals are choosing to leverage their holdings directly to acquire real-world assets such as cars. Using cryptocurrency to purchase cars provides swift transactions, and fees are generally more predictable compared to conventional transfers. 

The purpose of this article is to provide a comprehensive and up-to-date guide for UK-based individuals who want to buy cars with crypto in the UK. It will examine the practical steps involved, outline the legal and regulatory considerations, and highlight the dealerships and platforms currently facilitating such transactions. It will also address the benefits, challenges, and potential risks to ensure readers are fully informed. 

Is It Legal to Buy a Car with Crypto in the UK?

Purchasing a car with cryptocurrency is legal in the United Kingdom, but there are several important legal considerations that buyers must understand before proceeding. Although digital currencies such as Bitcoin and Ethereum are not recognised as legal tender, UK law classifies them as property. This classification allows individuals to use them as a means of exchange for goods and services, including vehicles, provided both buyer and seller agree to the transaction terms.

A key legal requirement involves anti-money laundering (AML) and know-your-customer (KYC) regulations. Businesses that accept cryptocurrency for high-value purchases must comply with the UK’s Money Laundering Regulations 2017. This means buyers will likely need to provide proof of identity, and in some cases, evidence of the source of their crypto funds.  

Her Majesty’s Revenue and Customs (HMRC) treats cryptocurrency transactions as taxable events. Using crypto to purchase a vehicle is considered a disposal of the asset, which may give rise to Capital Gains Tax (CGT) if the cryptocurrency has increased in value since acquisition. Equally important is ensuring that the dealership is reputable and authorised. Not all businesses are equipped or licensed to handle cryptocurrency payments. Selecting established and regulated crypto-friendly dealerships in the UK reduces the risk of fraud and ensures legal validity.

Lastly, buyers should ensure a clear written agreement supports the transaction. Given the volatility of cryptocurrency, the contract should specify the valuation method and exchange rate applied at the time of purchase. This protects both parties from disputes arising from price fluctuations.

How to Buy Cars Using Crypto in the UK in  5 Steps 

1. Confirm Legal and Tax Implications
   Cryptocurrency transactions in the UK may be subject to capital gains tax or other reporting requirements. It is important to consult official HMRC guidance or a tax advisor before making a purchase.
   
   
2. Select a Reputable Dealer that Accepts Cryptocurrency
   Only a limited number of dealerships in the UK are authorised or experienced in processing crypto payments. Research carefully to ensure the dealer is credible and has a transparent payment process.
   
   
3. Choose the Cryptocurrency and Verify Accepted Payment Methods
   Most dealers only accept major cryptocurrencies such as Bitcoin, Ethereum, or selected stablecoins. Confirm the accepted currencies in advance to avoid complications at the point of purchase.
   
   
4. Agree on the Car Price and Transaction Terms
   Cryptocurrency prices can fluctuate, so it is essential to secure the price at the time of payment. A written agreement should confirm the exchange rate used and the amount required.
   
   
5. Complete the Transaction Securely
   Always double-check wallet addresses before transferring funds to prevent errors or fraud. Once payment is confirmed, ensure all ownership and registration documents are properly issued.

Top 5 Crypto-Friendly Platforms to Buy a Car in the United Kingdom

CryptoAutos

CryptoAutos is recognised as the world’s first blockchain-powered automotive marketplace that enables individuals in the United Kingdom to browse and acquire vehicles, ranging from standard models to high-end luxury cars, using digital assets. With over £60 million in vehicle transactions, an inventory of more than 30,000 cars, and partnerships with over 1,000 dealers, the platform has established itself as a leading solution for those looking to buy a car with Bitcoin and other cryptocurrencies. It integrates advanced encryption, applies KYC and AML protocols for compliance, and operates a native token ($AUTOS) that provides benefits such as staking, governance, fractional ownership of automotive assets, and transaction fee discounts. The platform also supports flexible payment options, including split payments across multiple cryptocurrencies.

Pros

• Extensive dealer network and inventory.
• Efficient crypto-to-fiat conversion.
• Blockchain-powered innovation.
• Multiple cryptocurrencies for a single car purchase.

Supported Cryptocurrencies
Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), XRP, Solana (SOL), and multiple other leading digital assets.

BitCars

BitCars is one of the most renowned online platforms dedicated exclusively to the purchase of vehicles with cryptocurrency by global buyers, including individuals in the United Kingdom. It is particularly known for its focus on high-end and luxury automobiles, ranging from supercars and sports cars to premium SUVs and classic collectibles. The platform provides a curated inventory of verified vehicles, flexible payment processes, and a strong emphasis on privacy for buyers who value discretion. The car dealership platform also offers international delivery options, ensuring that UK-based customers can access its collection without geographical limitations.

Pros

• Wide range of luxury and exotic cars, with over 200 listings.
• Guarantee for new cars only.
• International delivery, including to the UK.
• Buyer privacy and discretion.

Supported Cryptocurrencies
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT), Monero (XMR), XRP, Decred (DCR), and Polkadot (DOT).

Prestige Cars Kent

Prestige Cars Kent is one of the United Kingdom’s most established luxury car dealerships, known for its curated selection of premium vehicles ranging from high-performance sports cars to executive models. Based in Orpington, Kent, the dealership distinguishes itself with exclusive offerings that cater to discerning buyers. These include a diverse range of over 200 prestige and supercar brands, personalised concierge services for sourcing rare vehicles, and streamlined purchase processes designed for efficiency and discretion. It has integrated cryptocurrency payments into its platform, enabling buyers to complete transactions securely and quickly without the need for traditional intermediaries.

Pros

• Quality assurance with HPI checks.
• Concierge services for rare and exclusive models.
• 14-day money-back guarantee.
• Price match promise for competitive pricing.
• Standard 6-month warranty for used cars.

Supported Cryptocurrencies
Bitcoin (BTC), Ethereum (ETH), XRP, Tether (USDT)

Crypto Emporium

Crypto Emporium is a notable cryptocurrency-only luxury marketplace that specialises in facilitating high-value purchases, allowing individuals in the UK to acquire different vehicles, from high-end sports cars to luxury SUVs, with efficiency, discretion, and speed. Serving a global clientele of thousands across over 120 countries, the platform stands out for its tailored concierge services, secure escrow payment solutions, and personalised purchase support that guides buyers through every stage of the transaction. In addition, it provides access to limited-edition and rare vehicles, giving buyers unique opportunities not commonly found in conventional marketplaces.

Pros

• Personalised concierge service for seamless transactions.
• Secure escrow payment system for added security.
• Expert guidance throughout the purchasing process
• Live video viewing on all products.

Supported Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), XRP, Tether (USDT), USD coin (USDC), Solana (SOL), and Dogecoin (DOGE)

Import Marques

Import Marques is a long-established UK-based vehicle importer, founded in 2001, specialising in both Right-Hand Drive (RHD) and Left-Hand Drive (LHD) vehicles. The company is widely recognised for sourcing and delivering high-end luxury, performance, and electric vehicles to clients worldwide. By integrating cryptocurrency payments through BitPay, the platform allows clients to purchase vehicles securely and efficiently, while also offering complete assistance with export logistics, making the process straightforward for both domestic and international buyers. It provides access to rare and in-demand models that are often unavailable in the UK market, tailored support from sourcing to final delivery, and a proven track record of over two decades in the industry.

Pros

• Extensive cryptocurrency support via BitPay.
• Global vehicle sourcing and export capabilities.
• Full service from acquisition to delivery.

Supported Cryptocurrencies:
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Quant (QNT), Dogecoin (DOGE), Shiba Inu (SHIB), Chainlink (LINK), Binance USD (BUSD), USD Coin (USDC), Dai (DAI), Pax Dollar (USDP), Gemini Dollar (GUSD), Tether USD (USDT).

FAQs

Can I Buy a BMW with Bitcoin in the UK?

It is possible to buy a BMW with Bitcoin in the UK through authorised dealerships and crypto-friendly platforms that support digital asset payments. Platforms such as CryptoAutos, BitCars, Prestige Cars Kent, Crypto Emporium, and Import Marques all facilitate secure transactions, allowing individuals to buy luxury vehicles with Bitcoin seamlessly, including premium BMW models.

What is the Best Crypto-Friendly Car Dealer in the United Kingdom?

Among the listed platforms, CryptoAutos stands out as the best crypto-friendly car dealer in the United Kingdom. With its vast inventory, strategic partnerships with over 1,000 dealers, and advanced blockchain-powered infrastructure, it offers unmatched flexibility, innovation, and security, making it the most reliable avenue to buy one’s dream car with crypto.

Do I Pay Extra Fees if I Buy a Car With Crypto in the UK? 

Buyers do not generally incur additional charges solely for using cryptocurrency. However, certain dealerships in the UK that accept crypto may apply conversion costs, processing fees, or premium pricing to account for volatility. These adjustments are not universal and depend on each platform’s policies and payment structure.

Is It Safe to buy a Car from a Private Seller Using Crypto?

Buying a car from a private seller using cryptocurrency is generally not considered safe due to the absence of regulatory oversight, limited buyer protections, and higher risks of fraud or misrepresentation. Unlike a crypto-only car dealership platform that ensures compliance, transparency, and documented agreements, private sales lack safeguards, making them unsuitable for secure high-value transactions.

Can I Buy a Used Car with Crypto? 

It is possible to purchase a used car with cryptocurrency in the United Kingdom. Several established dealerships and platforms that accept digital assets provide access not only to new and luxury automobiles but also to pre-owned models. This offers buyers flexibility, faster settlements, and broader vehicle options.

Conclusion

The ability to buy cars with crypto in the UK presents a practical pathway for individuals seeking efficiency, discretion, and diversification of wealth. By engaging reputable platforms, buyers gain access to exclusive automobiles while transforming digital holdings into tangible assets. This convergence of innovation and ownership positions cryptocurrency as a valuable instrument for modern automotive acquisition.